Sullivan
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Biography

  • Represented a healthcare REIT and its subsidiaries in securing nearly $500 million of secured financings across five lenders and involving over 40 separate properties
  • Representing a client in the acquisition of two biotech medical office buildings in Boston’s Seaport District for $1.2 billion
  • Leading a team of attorneys in the acquisition of 38 senior living communities across 16 states for approximately $790 million, including $151.6 million of assumed debt (including Fannie Mae debt), partially in a RIDEA-compliant structure, on behalf of a public REIT client
  • Representing a client in the acquisition and financing of six marinas in Massachusetts for an aggregate purchase price of approximately $30 million and the subsequent refinancing and recapitalization of such marinas
  • Representing a public REIT client in a series of concurrent secured financings with an aggregate loan amount of approximately $500 million secured by 41 senior living communities across 17 states involving five separate lenders including Freddie Mac and Fannie Mae
  • Assisting a public REIT client in connection with its private offers to exchange outstanding senior unsecured notes for senior secured notes of approximately $610 million, secured by first mortgages on 19 office properties across 10 states and second mortgages on 19 additional office properties across 9 states
  • Representing a client in a series of convenience store acquisitions throughout the Northeast for an aggregate price of approximately $100 million
  • Representing a public REIT client in its disposition program involving the sale of over 30 medical office, life science and senior living properties over a one-year span for an aggregate sales price of over $300 million
  • Representing a client in a series of transactions involving the restructuring of its management agreements for 228 senior living communities from a structure with one manager to a structure with 14 unrelated managers. The restructured portfolio had a carrying value of approximately $4 billion.

Matters

  • Represented a healthcare REIT and its subsidiaries in securing nearly $500 million of secured financings across five lenders and involving over 40 separate properties
  • Representing a client in the acquisition of two biotech medical office buildings in Boston’s Seaport District for $1.2 billion
  • Leading a team of attorneys in the acquisition of 38 senior living communities across 16 states for approximately $790 million, including $151.6 million of assumed debt (including Fannie Mae debt), partially in a RIDEA-compliant structure, on behalf of a public REIT client
  • Representing a client in the acquisition and financing of six marinas in Massachusetts for an aggregate purchase price of approximately $30 million and the subsequent refinancing and recapitalization of such marinas
  • Representing a public REIT client in a series of concurrent secured financings with an aggregate loan amount of approximately $500 million secured by 41 senior living communities across 17 states involving five separate lenders including Freddie Mac and Fannie Mae
  • Assisting a public REIT client in connection with its private offers to exchange outstanding senior unsecured notes for senior secured notes of approximately $610 million, secured by first mortgages on 19 office properties across 10 states and second mortgages on 19 additional office properties across 9 states
  • Representing a client in a series of convenience store acquisitions throughout the Northeast for an aggregate price of approximately $100 million
  • Representing a public REIT client in its disposition program involving the sale of over 30 medical office, life science and senior living properties over a one-year span for an aggregate sales price of over $300 million
  • Representing a client in a series of transactions involving the restructuring of its management agreements for 228 senior living communities from a structure with one manager to a structure with 14 unrelated managers. The restructured portfolio had a carrying value of approximately $4 billion.

Matters