Represented TPG Rise Climate in its definitive agreement to acquire Olympus Terminals, a leading independent storage provider for renewable fuels and refined products in Southern California.
Represented buyer in acquisition of a controlling interest in $1.2 billion portfolio of net-leased hospitals located in Utah and $770 million financing.
Represented Fortress Investment Group on the launch of Fortress Net Lease REIT, a continuously-offered, privately-placed net lease REIT.
Represented Carvana Co. (“Carvana”), the leading e-commerce platform for buying and selling used cars, in a consensual liability management transaction secured by 47 mortgages in 22 states, totaling a valuation of approximately $1.55 billion. Through the contemplated transactions, including an exchange offer, extension of maturities, at-the-market equity raise, and equity investment from Carvana’s founders, Carvana expects to deleverage its balance sheet by $1.2 billion and reduce its interest expenses by $430 million a year for the next two years.
Represented buyer in $6 million sale-leaseback of portfolio of gas stations located in Texas.
Represented a privately held real estate investment firm in connection with its disposition of real property in Pewaukee, Wisconsin.