Jerry Walsh, a partner who serves as head of the Real Estate Group, is based in Los Angeles. He advises public and private entities, developers, companies and institutional lenders (including commercial banks, pension and opportunity funds and their advisors) on the acquisition, construction, development, entitlement, financing, leasing, restructuring and disposition of master planned communities, hotel, golf and resort projects, mixed use projects, corporate campuses, and commercial and retail centers.
Jerry is particularly recognized for his work in connection with the acquisition, restructuring and realization of distressed debt in the real estate and hospitality markets. Clients seek him out for the most complex distressed debt transactions, including securitized and mezzanine debt intercreditor workouts and the establishment of mezzanine debt lending platforms. Jerry led a multidisciplinary Orrick team in one of the most sophisticated real estate debt transactions that was restructured in 2013, involving a series of complex transactions and multi-state litigation. In the 2017 California Real Estate category, a client told Chambers USA that Jerry is "practical and technically great, and he understands how to get a transaction done."
In addition, Jerry leads Orrick’s hospitality practice and advises global opportunity, hotel and pension funds and advisors in connection with the acquisition, repositioning and disposing of hotel portfolios throughout the United States. He advises on acquisitions, joint ventures, financing, rebranding, disposition and negotiation of hotel management agreements, shared services and amenities agreements, and franchise agreements, including termination of hotel management and franchise agreements involving brands such as Four Seasons, Ritz-Carlton, Marriott, St. Regis, Renaissance, Luxury Collection, Westin, Kimpton and other Sheraton/Starwood brands.
Jerry's representative clients include Cisco Systems, Inc., Cornerstone Advisers LLC, JMA Ventures, LACERA, The Newhall Land and Farming Company, Walton Street Capital, and Westbrook Partners.
Before joining Orrick, Jerry was a partner with a magic circle firm and chairman of the real estate group of a prominent national law firm.
Jerry's representative engagements include: