Zach Bailey

ZACHARY BAILEY focuses his practice on the financing, development, construction, and acquisition of commercial real estate, including multi-family, office, industrial, hotel, retail, and affordable housing properties. Zach has experience representing major global investment banks, financial institutions, and REITs in the origination of mortgage and mezzanine loans (including loans intended for securitization, balance sheet loans, and construction loans), and financings utilizing tax-exempt bonds. He also has experience representing financial institutions in the origination and administration of warehouse lending facilities involving commercial mortgage loans, mezzanine loans, and participation interests, in both domestic and cross-border transactions.

• A major private credit fund in the origination of a US$152,500,000 mortgage loan for the acquisition of a portfolio of 12 industrial assets located in Northern New Jersey.
• A major private credit fund in the origination of a US$45 million mortgage loan for the acquisition of a portfolio of six multi-family assets located in Los Angeles, California.
• Merchants Capital Corp. as Freddie Mac’s seller/servicer in its credit enhancement of a portion of the approximately US$1 billion financing provided by the New York City Housing Development Corporation and JPMorgan Chase Bank, N.A. to a public-private partnership that ground leased Edenwald Houses from the New York City Housing Authority to renovate and modernize over 2,035 units in 42 buildings.
• Safehold, one of the largest ground lease originators in the United States, on various transactions in California in connection with the construction of affordable housing facilities.
• Starwood Property Trust, Inc. in the origination of a US$175 million construction loan for the renovation of the Fairmont Southampton resort located in Bermuda.
• Sumitomo Mitsui Banking Corporation in the origination of a US$500 million repurchase facility to a global investment manager.
• Wells Fargo Bank and PNC Bank as lead banks and lenders in the origination of syndicated mortgage loans in the aggregate amount of US$725 million for the construction and development of an 811-unit multi-family development located in Long Island City, New York.
• Starwood Property Trust, Inc. in the onboarding to existing repurchase facilities of mortgage loans and participation interests secured by properties located in the United Kingdom and various European countries, including Germany, Sweden, Czech Republic, Slovakia, and Ireland.
• Starwood Real Estate Income Trust, Inc. in the origination of an AU$273 million repurchase facility and simultaneous onboarding of a participation interest in an AU$5.4 billion senior syndicated facility secured by hospitality, resort and gaming resorts located in Australia.