John M.Rafkin

Experience

Koch obtains financing for office tower in TennesseeJones Day advised a joint venture between a subsidiary of Koch Industries, Inc., and GBT Realty, on a $174.6 million financing of a 24-story office tower (with retail) in Nashville, Tennessee.

Stonemont acquires industrial facility in West Jefferson, OhioJones Day advised Stonemont Financial Group, LLC in the acquisition and financing of a 1,090,000-square-foot spec industrial facility in West Jefferson, Ohio.

Wells Fargo provides $370 million syndicated loan secured by 30 limited-service hotelsJones Day represented Wells Fargo Bank, National Association, as administrative agent, and Wells Fargo Securities, LLC, as left lead arranger and sole bookrunner, in connection with a $370 million syndicated senior loan secured by 30 limited-service hotels located across 17 states.

Wells Fargo provides $140 million senior construction loan to developer of 500-room resort and waterpark in Naples, FloridaJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $140 million senior construction loan provided to the developer of a 500-room resort and waterpark in Naples, Florida.

Wells Fargo provides $114 million financing for multifamily building in Raleigh, North CarolinaJones Day advised Wells Fargo Bank, National Association, in connection with a $114 million intercreditor arrangement on a senior/mezzanine financing for a multifamily building in Raleigh, North Carolina.

Wells Fargo provides financing as part of $160.896 million facility for life science property complex in Watertown, MassachusettsJones Day advised Wells Fargo Bank, National Association, in connection with a $160.896 million asset-based note facility and negotiation of co-lender agreement for the financing of a life science property complex in Watertown, Massachusetts.

Wells Fargo provides $218 million financing for office tower in Oakland, CaliforniaJones Day advised Wells Fargo Bank, National Association, in connection with a $218 million intercreditor and co-lender arrangement on a senior/mezzanine financing of an office tower in Oakland, California.

Wells Fargo provides $56.5 million financing for office and retail condominium project in Denver, ColoradoJones Day advised Wells Fargo Bank, National Association, in connection with a $56.5 million asset-based note facility and negotiation of co-lender agreement for the financing of an office and retail condominium project in Denver, Colorado.

Wells Fargo provides $52.815 million financing for distribution building in Fairfield, CaliforniaJones Day advised Wells Fargo Bank, National Association, in connection with a $52.815 million asset-based note facility and negotiation of a co-lender agreement for the financing of a distribution building in Fairfield, California.

Wells Fargo provides financing for construction of mixed-use project in Atlanta, Georgia known as “Midtown Union"Jones Day represented Wells Fargo Bank, National Association in connection with aggregate loans in the amount of $300 million for the construction of a mixed-use project in Atlanta, Georgia known as “Midtown Union".

Wells Fargo provides $140 million loan secured by substantially all of vertically subdivided Class "A" office building in Chicago, IllinoisJones Day advised Wells Fargo Bank, National Association in connection with a $140 million loan secured by substantially all of a vertically subdivided Class "A" office building in Chicago, Illinois, the purpose of which was to refinance existing debt and to pay for significant tenant improvements and leasing costs at the building.

Wells Fargo provides financing to portfolio of office buildings located in Arizona, California, North Carolina, Georgia, and ColoradoJones Day advised Wells Fargo Bank, National Association in connection with a $134 million loan to refinance a portfolio of office buildings located in Arizona, California, North Carolina, Georgia, and Colorado.

Wells Fargo provides financing to developer and operator of student housing projects in Georgia, Tennessee, and North CarolinaJones Day advised Wells Fargo Bank, National Association in connection with a loan made to a developer and operator of student housing projects in Georgia, Tennessee, and North Carolina.

Wells Fargo provides $357.5 million senior term loan secured by office tower in Midtown ManhattanJones Day represented Wells Fargo Bank, National Association, as administrative agent, sole lead arranger, sole bookrunner, and lender, in connection with a $357.5 million senior syndicated term loan secured by an 815,000 square foot, fifty-story office tower located in Midtown Manhattan.

Wells Fargo provides financing secured by portfolio of office buildings in Texas, as well as intercreditor agreement to finance acquisition of office building in CaliforniaJones Day advised Wells Fargo, National Association in connection with the purchase of an approximately $121 million loan secured by a portfolio of office buildings in Texas, as well as its related negotiation of an intercreditor agreement with the mezzanine lender, and a subsequent loan increase to finance the acquisition of an office building in California.

Wells Fargo provides $210 million financing secured by portfolio of office buildings located in California, Colorado, and TexasJones Day advised Wells Fargo, National Association in connection with a $210 million syndicated credit facility, consisting of a revolving credit facility, a swingline subfacility, and a letter of credit subfacility, secured by a portfolio of office buildings located in California, Colorado, and Texas.

Greystar Real Estate Fund obtains financing for operating and related purposesJones Day advised Greystar Real Estate Fund, as borrower, in connection with a $200 million revolving, swingline and letter of credit facility from Capital One, National Bank for operating and related purposes.

Wells Fargo purchases financing of office building in Washington, D.C.Jones Day represented Wells Fargo Bank, National Association as senior lender in connection with its purchase of a loan made to finance the acquisition of a 407,113 square foot office building in Washington, D.C., as well as its related negotiation of an intercreditor agreement with the mezzanine lender.

Wells Fargo provides financing for office building in McLean, VirginiaJones Day advised Wells Fargo Bank, National Association in connection with the purchase of a loan made to finance the acquisition of an office building in McLean, Virginia.

Greystar forms open ended core plus fund and acquires Monogram for approximately $4.4 billionJones Day advised Greystar Real Estate Partners on a number of related transactions culminating in the acquisition of Monogram Residential Trust, Inc. (a publicly traded REIT based in Plano, Texas), an owner, operator, and developer of luxury apartment communities with a significant presence in select coastal markets, in a transaction valued at approximately $4.4 billion, including the debt assumed or refinanced in connection with the transaction.

The following represents experience acquired prior to joining Jones Day.

Represented a large institutional lender in connection with its mezzanine positions in a $1.5 billion debt stack on a portfolio of Chicago office buildings.

Represented a large institutional lender with an approximately $400 million Shari'ah-compliant construction financing for a multiuse (office, retail, and multifamily) project in Washington, DC and closed Shari'ah-compliant acquisition loans on a portfolio of industrial and office buildings in Florida and on an office building in Houston.

Represented a large institutional lender on an approximately $140 million acquisition loan for an office building in Chicago.

Represented a large institutional lender on an approximately $100 million senior loan (and negotiation of a mezzanine intercreditor) for a portfolio of logistics and bulk distribution industrial facilities located throughout the United States.

Represented a large institutional lender in the restructuring and transfers in lieu of foreclosure of a portfolio of loans totaling approximately $700 million. The properties included housing projects, undeveloped land, and multifamily, resort, retail, and office properties located throughout the United States.

Represented a large institutional lender in the restructuring of an approximately $1.5 billion multilevel debt stack on a portfolio of 25 hotels, with related transfers, bankruptcy structure, and litigation.

Represented a large institutional lender in the restructuring of an approximately $1.5 billion debt stack (for both its senior and mezzanine positions) relating to a pool of office buildings in Chicago.

Represented a large institutional lender on its purchase of multiple pools of performing and nonperforming real estate loans, totaling hundreds of loans with an aggregate value of $2 to 3 billion.

Represented the purchaser of a portfolio of approximately 2,500 single family homes throughout the United States (which was then the largest purchase of its kind to date).