Nicole’s recent engagements include advising:
- Westbrook Partners on the $50 million mortgage/PACE financing for the San Francisco Proper Hotel, a landmarked flatiron-style building in the city’s vibrant Mid-Market district.
- Westbrook Partners on the $151.1 million sale of the Wagner at the Battery hotel across from Battery Park in Manhattan, New York. Also provided the $96.1 million of seller financing to the buyer.
- A real estate investment firm on the $200 million mortgage, mezzanine and preferred equity construction financing of two mixed-use developments in Las Vegas, Nevada.
- Westbrook Partners on their visionary transformation of St. John’s Terminal in Manhattan, which has included the financing of the buy-out of Fortress Investment Group for a majority stake in the property, obtaining necessary ULURP approvals for development and air rights from Hudson River Park Trust, the sale of the south unit for commercial purposes and the proposed development of the remaining unit.
- An international opportunity fund in a joint venture for the mixed-use development of 152 luxury high-rise condominium units, a 50,000-square-foot cultural component to be occupied by the Mexican Museum in San Francisco and the public and private use of the Jessie Square parking garage. We represented the joint venture on the construction loan and preferred equity investment, which provided financing for the development of the mixed-use project, and the G-Max contract with Webcor for the construction of a new tower and renovation of the existing Aronson Building at 706 Mission in San Francisco.
- Westbrook Partners in its investment in the redevelopment of the Belnord, a landmarked residential building on Manhattan’s Upper West Side. The transaction involved a complex conversion of a mezzanine loan and junior mortgage participation interest into a controlling preferred equity position for the Westbrook Partners fund.
- A joint venture between an operator-sponsored opportunity fund and operator-sponsored syndication regarding the $81.5 million acquisition and financing of a potentially environmentally compromised industrial property housing four buildings totaling over 540,210 square feet on over 22 acres of land located in El Segundo, California, the leaseback of all four buildings, and the acquisition of three adjacent parking lots.
- Two separate Hackman Capital Partners-sponsored syndications on the sale of the Beats by Dr. Dre corporate headquarters campus and an adjacent building in Culver City.