lschurman@ggulaw.com
Selected Transactions
Financing
- Syndicated construction loans including such projects as 300 N. LaSalle, One South Dearborn Center and the UBS Tower in downtown Chicago, and the San Jose Marriott (counsel to administrative agent).
- Construction loans for office, retail, industrial, hotel, apartment and condominium projects (counsel to lender).
- Various mortgage broker warehouse financing transactions (counsel to lender).
- Mortgage loans for the acquisition or refinancing of various office, apartment, retail, industrial and manufactured home community properties (counsel to lender).
- Secured credit facilities for single family home development and the acquisition of manufactured home communities (counsel to lender).
- Secured and unsecured syndicated credit facilities to various REITs (counsel to administrative agent).
- Secured and unsecured syndicated credit facilities to national hotel company (counsel to borrower).
- Various loan split and sale transactions.
Loan Restructurings
- Restructuring of mortgage loans for various office projects including Boulevard Towers South and 550 W. Jackson Boulevard in Chicago, Illinois (counsel to lead lender).
- Restructuring of all secured and unsecured indebtedness of national regional mall developer (counsel to lender with largest exposure).
- Secured financing for 100+ store properties to facilitate exit from bankruptcy of national retail company (counsel to lender).
- Restructuring of indebtedness to operators of radio stations in Illinois, Missouri, Arizona and California (counsel for lenders).
Business Acquisitions and Dispositions
- Auction of approximately 600 service stations/convenience stores in Chapter 11 liquidation.
- Acquisition of regional supermarket chain.
- Buyout of minority partners in riverboat casino project by majority partner (counsel to the majority partner).
- Sale of national regional mall developer (43 regional shopping malls).
- Disposition of a portfolio of 53 hotel properties.
- Buyout of partners in Aruban hotel property.
