Cases
Experience: Portfolio Management
Real Estate Finance: Structured, documented,
closed, on behalf of Bank of America, GMAC,
CAPMARK, in excess of $200 billion secondary market CMBS transactions, including substitution of collateral, over seventy-five loan assumptions, TIC transfers
transfers of beneficial interests.
Modified, restructured, foreclosed or liquidated in excess of $5 billion of CMBS loans
loan portfolios secured by government leased properties, commercial office
retail properties, hotels, industrial parks, multi-family projects
recreational facilities.
Represented the FDIC in structured loss-share sales aggregating $3.2 billion for LLC interests backed by servicing rights
failed bank loans.
Represented TIAA-CREF in the acquisition of various B note
mezzanine real estate loan participation interests in excess of $700 million, secured by office buildings, hotels
shopping centers.
Negotiated
closed a $500 million permanent credit facility
construction loan secured by a major Washington, D.C. redevelopment project.
Negotiated, structured,
closed two senior subordinated term loan transactions
one senior
mezzanine leasehold transaction aggregating $200 million for a major life insurance company, secured by office, industrial,
leasehold interests located throughout the United States.
Structured, negotiated
closed a $242 million syndicated loan secured by a portfolio of industrial, office, R&D
retail properties located in Southern California.
Represented Bank of America, GMAC,
CAPMARK before Moody's, St
ard & Poor's,
Fitch in connection with secondary market matters in excess of $3.2 billion requiring rating agency approval.
Represented private investors in private funds formation
the acquisition of servicing rights
distressed assets.
Negotiated
documented the substitution of assets for a group of institutional investors due to the bankruptcy of a municipal hospital representing 30% of a CMBS pool.
Asset Management
Recovery: Responsible for the restructure, workout
sale of $4.8 billion dollars of real estate
underperforming loans for Travelers Realty Investment Company during 1993-1995.
Responsible for the structured bid pool program
note sales of $2.2 billion for Citigroup's Alternative Investments Group.
Documented
negotiated the conversion of 1 million sq. ft. New York office condominium
structured $135 million sales program targeted at national
international entities
not-for-profit agencies on behalf of institutional seller/developer, including negotiations
coordination with the Empire State Development Corporation, Con Edison
the United Nations.
Restructured senior
subordinated debt secured by numerous hotels including the Hyatt Bethesda, Del Coronado, Warwick Hotel
Fort Lauderdale Marriott, as well as restructured debt for br
name motel chains
other hospitality projects such as marinas, golf courses
other recreational facilities in the United States
the Caribbean.
Negotiated, drafted
documented license agreements, comfort letters, franchise agreements, transfers of liquor licenses, ancillary documentation, concession
restaurant agreements
leases for equity investors
fund sponsors, as well as contracts with project managers, contractors
architects for multimillion dollar hotel renovation programs.
Represented a government sponsored agency in structuring the sale of equity participation interests of distressed assets.
Acquisitions, Dispositions
Equity Ventures: Served as chief negotiator
senior legal business advisor for Citigroup's Alternative Investments, in connection with the formation with Tishman Realty, $800 million international office acquisition
development venture fund.
Represented Metropolitan Life Insurance Company in the formation of a programmatic equity joint venture hotel fund with a major New York-based international developer
affiliated construction company for the acquisition of sites, development
constructions of hotel projects in metropolitan areas
the negotiation of hotel operating
management agreement.
Represented Metropolitan Life Insurance Company in the formation of a joint venture
documentation
negotiations of the financing
acquisition of a hotel complex
an office in the Southeast, including the negotiation
documentation of a restaurateur license agreement
franchise operating agreement with Marriott International.
Negotiated
closed the acquisition of 2.1 million square feet of retail
3.5 million square feet of commercial office properties for a major life insurance company.
Represented joint venture between Vornado
Forest City in connection with the Waterfront Redevelopment Project in Washington, D.C.
Represented pension fund joint venture in the purchase
sale of hotel portfolios located in the Caribbean, Latin America
the United States.
Corporate Real Estate
Leasing: Represented REITs, private equity funds
hedge funds in ancillary contracts, leasing matters, agreements
other corporate real estate matters.
Negotiated leases for investment banks, hedge funds, major commercial
retail tenants, other financial institutions,
l
lords, including international boutiques, national department store chains,
major sports franchises in mixed-use development, retail strip centers
urban
suburban locations.
Represented shopping center developers in the acquisition
development of strip malls, including the preparation of property management agreements, st
ard lease forms
other project agreements.
Represented corporate facilities divisions of two major financial institutions in property management contracts
lease negotiations as tenant for regional office facilities
as l
lord for corporate real estate.
The above representations were h
led by Ms. Neuberg prior to her joining Greenberg Traurig, LLP.
Noteworthy Experience: Translator, Export Promotion Fund of Colombia, Foreign Missions
Business Delegations, Medellin
Bogota, Colombia
Consultant, World Trade Institute, Export
Investment Development, Trade
Research
First Vice President
Assistant Deputy General Counsel, Travelers/Citigroup, 1998-2001
Vice President
Counsel, 1994-1998
Associate Counsel, Realty Investments, 1992-1994
Vice President
Counsel, Home Life Insurance Company, 1986-1992