Sullivan
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Biography

  • Represented a public REIT in the $1.4 billion acquisition of a public office REIT
  • Represented an information and storage REIT in a $1 billion offering of senior notes
  • Represented a public REIT in the senior housing industry in a joint venture to acquire a medical office building in Boston’s Seaport District
  • Represented a public REIT in a private placement of £400 million of senior notes through a wholly-owned UK subsidiary and the related listing on the Irish Stock Exchange
  • Represented a hospitality REIT in a $400 million offering of senior notes
  • Represented Applied Plastics Co., a leading advanced coatings provider to the medical industry, in its acquisition by Vance Street Capital
  • Represented clients in offerings of debt securities in denominations of Canadian dollar, Euro and British Pound Sterling
  • Represented an information and storage company in the $191 million acquisition of a records management company
  • Represented a communications company in the $90 million sale of two television stations
  • Regularly represents institutional investors in mezzanine finance investments
  • Represented a public REIT in a $500 million at-the-market equity program
  • Represented a software company in the sale of a cloud-based program to a public software company

Matters

  • Represented a public REIT in the $1.4 billion acquisition of a public office REIT
  • Represented an information and storage REIT in a $1 billion offering of senior notes
  • Represented a public REIT in the senior housing industry in a joint venture to acquire a medical office building in Boston’s Seaport District
  • Represented a public REIT in a private placement of £400 million of senior notes through a wholly-owned UK subsidiary and the related listing on the Irish Stock Exchange
  • Represented a hospitality REIT in a $400 million offering of senior notes
  • Represented Applied Plastics Co., a leading advanced coatings provider to the medical industry, in its acquisition by Vance Street Capital
  • Represented clients in offerings of debt securities in denominations of Canadian dollar, Euro and British Pound Sterling
  • Represented an information and storage company in the $191 million acquisition of a records management company
  • Represented a communications company in the $90 million sale of two television stations
  • Regularly represents institutional investors in mezzanine finance investments
  • Represented a public REIT in a $500 million at-the-market equity program
  • Represented a software company in the sale of a cloud-based program to a public software company

Matters

Environmental Technology Company Acquires a Leading Industrial Air Filtration Company

The environmental technology company, Nederman Holding AB, represented by Sullivan, recently acquired a leading industrial air filtration company RoboVent, significantly strengthening its North American position by becoming the number one player within the U.S. weld fume extraction segment. Sullivan has provided acquisition advice to Nederman since 2017. Sullivan’s Environment & Natural Resources group handled preparation of environmental provisions of the purchase agreement and disclosure schedules and advised as to regulatory compliance at the target company.

Michael J. Student, Avinash R. Rao, Amy E. Sheridan, Erika L. Todd, Douglas S. Stransky and Ida J. Vanto

REIT Acquires Life Science Complex in Boston Seaport District

Sullivan represented Diversified Healthcare Trust (Nasdaq: DHC) in connection with the sale of a 10% equity interest in a two building life science complex located at 11 Fan Pier and 50 Northern Avenue in Boston, MA. DHC sold the interest to an existing joint venture partner for a purchase price of approximately $108 million. The purchase price for the 10% equity interest is based on a property valuation of $1.7 billion, less the $620 million of existing secured debt on the property. Sullivan provided counsel with respect to the initial JV formation and has continued to provide representation to the JV since 2017.

Avinash R. Rao and John M. Steiner

Matters