Real Estate Mezzanine Financing: Structuring and Documentation, Due Diligence, Key Provisions

Mr. Yearwood is a partner in the San Francisco office of Gibson, Dunn & Crutcher, where he serves as a member of the firm’s Real Estate Department, with a practice focused on commercial real estate finance and capital markets. He represents various portfolio lenders (including specialty finance companies, life insurance companies, hedge funds, and banks), debt fund managers, private equity firms, CMBS lenders, and loan servicers in transactions involving loan origination, loan purchases and sales, subordinate debt financing and acquisition, post-closing modifications, and work-outs. Mr. Yearwood has been ranked as a leading lawyer for Real Estate in California by legal directory Chambers USA 2018, where he is recognized as having a “celebrated lender-side practice, advising on high-value transactions involving properties across the US,” and noted by clients as being “great at coming up with flexible and creative solutions in situations that require something outside the box.”

Mr. Gibbons’ practice focuses on representing major financial institutions, private equity funds and other institutional lenders in connection with complex real estate transactions across all real estate asset classes, including originations of acquisition financings, mortgage financings, mezzanine financings and other subordinate debt, construction financings, refinancings, acquisitions and dispositions of loans and financing of loans. His practice also includes representing institutional investors in connection with acquisitions and dispositions of real estate, joint venture agreements and developments.

Ms. Sarkar’s practice is principally focused on representing lenders and borrowers in the origination of mortgage and mezzanine loans secured by all types of real estate collateral. She also represents balance sheet lenders, CMBS servicers and borrowers in connection with workouts, loan assumptions, equity transfers, and other loan modifications and requests. Ms. Sarkar also represents lenders buying and selling whole loans, notes and participations.

Ms. Shusterman focuses her practice on commercial real estate finance.  She represents commercial banks, REITs, insurance companies and private equity investors in commercial real estate financing transactions, including balance sheet financings; permanent and bridge loan originations; mezzanine financing and other subordinate financings; construction loans; loan participation, syndications and other co-lender arrangements; and work-outs and restructurings.  Ms. Shusterman has represented clients in financing transactions across the United States, Mexico and the Caribbean that involve a variety of asset types, including hotel, multi-family, retail and office properties.