$156,000,000 Senior Secured Real Estate Loan

$156,000,000 Senior Secured Real Estate Loan

Hinckley Allen represented one of the nation’s largest banks, in its role as Agent and Lender, in connection with a $156,000,000 loan that is secured by two high rise buildings located in Atlanta, Georgia having approximately 1,500,000 square feet of Class A office space. The project financing also included a $26,000,000 mezzanine loan from an affiliate of our bank client. Because of the then prevailing difficult real estate lending climate and numerous fundamental disagreements that existed among various members of the lending group, the transaction faced numerous obstacles. The creative response of our attorneys to those challenges was critical to their successful resolution and to the ultimate closing of the loan.