Justin C. Elliott

Mr. Elliott’s experience includes advising:

Joint Ventures

• A private equity fund in connection with the formation of a joint venture to acquire manufactured housing communities throughout the US
• A family office in connection with the formation of a joint venture to acquire and develop multifamily properties in Washington, D.C.
• A global private markets firm in connection with the joint venture and related acquisition of a multifamily complex in Southern California
• Oak Hill Advisors in a multi-party, multi-tiered joint venture and related acquisition of an equity interest in, and mortgage financing of, 110 North Wacker Drive, a 55-story, 1.5-million-square-foot Class-A office tower in Chicago
• A multifamily investment company, as a sponsor, in connection with the formation of a platform joint venture to acquire and manage multifamily properties throughout the US
• A private equity fund in connection with the formation of a multi-party, multi-tiered joint venture to acquire and develop infrastructure-adjacent logistics warehouses in the greater-Charleston, South Carolina area
• A private equity fund in connection with the formation of a programmatic joint venture to acquire infrastructure-adjacent logistics warehouses located throughout the US
• A sponsor in connection with the formation of a multi-party, multi-tiered programmatic joint venture to acquire, develop, and operate student housing facilities in New York*
• A non-US pension fund and a non-US investor, each separately in connection with separate joint ventures as part of an investment fund with a prominent New York developer for the development of a 2.8 million square foot commercial building in the Hudson Yards district of New York City*
• A non-US endowment fund in connection with the formation of a multi-party, multi-tiered, programmatic joint venture to acquire, develop, and manage senior care facilities in the US*

Financings and Restructurings

• A private equity fund in connection with a multi-draw, mortgage loan facility in an initial amount in excess of US $540 million to be secured by logistics warehouses located throughout the US
• An alternative investment manager in connection with a US$581.5 million mortgage and mezzanine financing secured by eight multifamily properties located in five states
• An alternative asset manager in connection with a US$228.8 million mortgage financing secured by a ground leasehold interest in an office building located in New York City
• A publicly traded REIT in connection with a US$600 million CMBS mortgage and mezzanine financing secured by 34 medical office buildings located in 13 states*
• A real estate investment company in connection with a US$300 million credit facility to be used for the acquisition and repositioning of single family rental homes and secured by the indirect ownership interests in such homes*
• A private equity owned provider of post-acute healthcare services in connection with a US$400 million bridge loan secured by 28 skilled nursing facilities and affiliated operating company leases*
• A non-US private investment group in connection with a US$503 million mortgage financing secured by three hotels in New York City, Washington, D.C., and Bal Harbour, FL*
• A publicly traded global real estate and investment management firm and a publicly traded REIT collectively as a joint venture borrower in connection with:
  • US$850 million CMBS mortgage loan financing secured by interests in 47 hotels in 16 states*
  • US$780 million refinancing secured by interests in 48 select service, extended stay, limited service hotels in 21 states*
• A publicly traded global real estate and investment management firm as borrower in connection with 10 separate loans from five different life insurance company lenders totaling approximately US$700 million in mortgage loan financing proceeds and secured by light-industrial property portfolios in various states*
• A private equity fund and its joint venture partner collectively as borrower in connection with the mortgage and mezzanine construction financing of a residential development project in Washington, D.C.*
• A private equity fund and its joint venture partner collectively as borrower in connection with the mortgage and mezzanine construction financing secured by a hotel development project in New York City*
• A private equity fund as lender in connection with the acquisition and mortgage and mezzanine construction financing, loan-to-equity conversion option, and multiple subsequent loan upsizings and modifications, relating to the acquisition and repositioning of landmarked buildings and related parking facilities in Detroit, MI, and subsequent workout/loan modifications relating thereto*
• A publicly traded global real estate and investment management firm and its joint venture partner collectively as borrower in connection with the workout/loan modification of a mortgage and multiple mezzanine loans relating to interests in 20 hotels throughout the US*

Acquisitions, Dispositions, and M&A

• Stonepeak Partners in the US$5.65 billion acquisition of The Cosmopolitan of Las Vegas
• An alternative investment manager in connection with a US$375 million acquisition of 59 motorway rest stops located in eight states
• A private equity fund in connection with the acquisition of portfolios and single asset infrastructure-adjacent logistics warehouses throughout the United States
• A publicly traded global real estate and investment management firm in connection with an approximately US$17 billion tri-party merger of equals to create a public company with approximately US$58 billion of assets under management*
• A family-owned real estate company in connection with a US$690 million sale of 24 rental apartment buildings in New York City*
• An investment bank in connection with a US$956 million sale of an industrial portfolio with locations across the US*
• A sponsor of a joint venture in connection with the acquisition of a student housing building located in New York City*

Leasing and Development

• A private university and a global information and technology company, each separately in connection with separate leases of solar equipment and related real property for the generation of electricity and electricity credits*
• A global retail company in connection with a lease of 47,333 square feet in midtown Manhattan*
• A family-owned real estate company in connection with a long-term ground lease and related sale of development rights to a prominent New York developer for the development of a mixed-use project in New York City*

*Matter handled prior to joining the firm