JMBM’s Distressed Assets and Real Estate Group comprises a team of experienced finance, real estate, bankruptcy, tax and land use lawyers. Whether it is a solution to a problem or the response to an opportunity, we mobilize quickly to address the complex issues surrounding distressed real estate and other assets. To position our clients for […]
SAN FRANCISCO – February 8, 2008—Jeffer, Mangels, Butler & Marmaro LLP (JMBM), one of California’s foremost full-service law firms, has announced that a team comprised of their Real Estate, Corporate, Finance, Tax and Land Use attorneys advised the California State Automobile Association (CSAA) in a complex sale and leaseback transaction that allowed for the sale […]
SAN FRANCISCO – December 12, 2007 – Jeffer, Mangels, Butler & Marmaro LLP (JMBM), one of California’s foremost full-service law firms, today announced that on behalf of its client, CMR Commercial Mortgage Fund LLC, the Firm closed a $25.5 million loan to Nevada Towers, a Chapter 11 debtor-in-possession. The loan is secured by a first […]
LOS ANGELES – August 15, 2007 – Jeffer, Mangels, Butler & Marmaro LLP (JMBM), one of California’s foremost full-service law firms, today announced that it closed a 5.9 million-square-foot real estate transaction for its client, Arden Realty Limited Partnership, from affiliates of Blackstone Real Estate Acquisitions V LLC. The portfolio of office buildings in the […]
On behalf of its client, CMR Mortgage Fund, LLC (CMR), of San Francisco, California, Jeffer, Mangels, Butler & Marmaro LLP (JMBM), a California full-service law firm with expertise in complex real estate sales, financings, work-outs, and bankruptcies, has closed a nearly $100 million loan to Halekua Development Corporation (Halekua), an out-of-possession debtor in a Chapter […]
After precedent-breaking litigation, JMBM client, United Rock Products Corporation, and the City of Irwindale, California reached agreement to extend the life of the Irwindale quarries for 25 years. The transaction is most notable for the creation of a joint powers authority between the City of Irwindale and the Irwindale Reclamation Authority, the first such arrangement […]
When a leading New York developer wanted to pursue its first California venture, JMBM was the Firm of choice for the deal financing. We closed the senior debt portion of the capital financing for our commercial lending client, HSBC, on the new $330 million Wilshire Carlyle luxury condominium tower. The 24 story, 78-unit crescent-shaped tower […]
JMBM represented both the developer and the investment fund providing the financing for a California project that was one of the largest industrial properties ever built on spec. We helped our clients form a joint venture for building the 1.7 million square foot facility, handled the acquisition of the land, and closed the nine-figure sale […]
On behalf of our client California Mortgage and Realty’s CMR Mortgage Fund, JMBM real estate and bankruptcy lawyers closed a nearly $100 million loan to Halekua Development Corporation, an out-of-possession debtor in a Chapter 7 bankruptcy case. The loan enabled Halekua to redeem from its bankruptcy estate approximately 161 acres of land known as Royal […]
We closed a 5.9 million square-foot real estate acquisition for longtime client Arden Realty Limited Partnership. The portfolio of office buildings in the purchase spanned six West Coast markets, including San Francisco, Orange County, San Diego, Seattle, Portland and Salt Lake City. The challenging transaction involved more than two months of intensive legal work to […]