Jonathan A. Schechter, P.C.

Recapitalizations / Continuation Funds

• U.S. private equity fund on its $2 billion recapitalization and formation of a continuation fund for a portfolio of extended stay hotels
• U.S. private equity fund on its sale and recapitalization of a 49% interest in a $1.87 billion portfolio of multifamily properties
• U.S. private equity fund on its roll-up sale of a $3.2 billion portfolio of U.S. select service hotels to a newly formed investment fund comprised of sovereign wealth funds and other investors
• Sovereign wealth fund on its acquisition and recapitalization of a 49% interest in the owner of a portfolio of manufactured housing facilities, having a value of approximately $2.05 billion
• U.S. private equity fund on its formation of a joint venture with one of its mezzanine lenders as part of a restructuring and recapitalization of office properties located in California
• U.S. private equity fund on its acquisition of a majority interest in, and recapitalization of, a development project in Brooklyn, New York
• Multifamily operator on its recapitalization of its GP position in a portfolio of multifamily assets and its recapitalization of two multifamily assets in NYC
• U.S. private equity fund on its recapitalization of a property management company and formation of a programmatic joint venture to acquire real estate assets

Joint Ventures

• U.S. private equity fund on many of its majority/minority, 50/50 and programmatic joint ventures across all asset classes and all types of transactions, including multifamily, hospitality, data centers, single family homes, office, retail, senior housing, land, development, take privates, loan-to-own and recapitalizations
• Non-U.S. endowment fund on its programmatic joint ventures to acquire multifamily assets, retail assets and senior housing assets and on its multi-party, multi-tiered joint venture to develop a residential and retail tower in Boston
• Oak View Group on its joint ventures to acquire and develop the UBS Arena in NY, the Acrisure Arena in California, the CFG Bank Arena in Baltimore, the CO OP Live in Manchester, UK, and the Moody Center in Texas
• U.S. developer on its joint venture to develop a five-acre, mixed use project in NYC, its programmatic joint venture with a sovereign wealth fund to develop multifamily assets and its joint venture to develop a mixed use project in Atlanta
• Family office on its joint venture to acquire a mixed-use project in NYC through a loan-to own transaction
• U.S. private equity fund on its programmatic joint venture to acquire distressed hospitality debt assets
• Sovereign Wealth Fund on its programmatic joint venture to acquire multi-family assets

Acquisitions & Dispositions

• U.S. private equity fund on its acquisition of multiple portfolios across various asset classes, including a portfolio of Woodspring Suites hotels, a portfolio of multifamily communities from Strata Equity Group, a land portfolio from a public company, an office complex in California, a portfolio of multifamily properties from Equity Residential, multiple regional malls from Westfield, Taubman and Macerich and a portfolio of suburban office properties
• U.S. private equity fund on its sale of the 1 Hotel South Beach in Miami and the Four Seasons Hotel in Anguilla
• Wynn on its sale-leaseback of the Encore Boston Harbor to Realty Income
• U.S. private equity fund on its acquisition and subsequent sale of its ground lease interest in a NYC office building
• U.S. private equity fund on its acquisition of multiple hospitality portfolios from Colony Capital

Public M&A

• U.S. private equity fund on its acquisition of Extended Stay America for approximately $6 billion
• Sovereign wealth fund as a member of an investor consortium on the consortium’s take private of a NYSE listed REIT for approximately $3 billion
• U.S. private equity fund on its $2.85 billion take-private acquisition of a Toronto Stock Exchange-listed U.S. REIT, consisting of multi-family properties
• U.S. private equity fund on its take private acquisition of a non-traded public REIT for an enterprise value of approximately $1.9 billion consisting of 78 multi-family properties