Michelle R.Brown

Partner

Dallas + 1.214.969.3673

For 20 years, Michelle Brown has represented public and private equity companies and real estate developers in real estate transactions. Her practice focuses on real estate finance and acquisitions and dispositions of office and retail buildings, multifamily projects, hotels, restaurants, and grocery stores located throughout the United States. Michelle frequently represents Firm clients in the real estate aspects of M&A transactions, project development, and finance transactions for energy industry participants, particularly in oil and gas and energy-related infrastructure. She also has significant experience in multistate portfolio transactions, distressed asset transactions, and loan assumptions.

Representative transactions include 80 construction and term loan financings in excess of $3.2 billion dollars for a multifamily developer over the last several years; the disposition by Chevron of its refining, distribution, and retail assets in Hawaii; the real estate aspects for the RadioShack bankruptcy and related dispositions; the acquisition of 3.2 million square feet of office space in Chicago by Behringer Harvard Funds; Morgan Stanley's $1.5 billion buyout of Town & Country Trust; and the acquisition and financing of multiple hotel portfolios. Michelle also has represented Alon USA Energy, Chevron, J. C. Penney, J.F. Lehman, Marathon Petroleum, Mill Creek Residential Trust, and Morgan Stanley.

Michelle is a member of the State Bar of Texas, the Dallas Bar Association, The Real Estate Council, Commercial Real Estate Women, and the Women's Leadership Council of the United Way of Metropolitan Dallas. In 2005, she was selected as a "Texas Rising Star Super Lawyer" by Law & Politics and Texas Monthly.

Experience

  • Trammell Crow Residential obtains construction loan for development and construction of 351-unit multifamily project located near Houston, TexasJones Day represented Trammell Crow Residential in connection with a construction loan for the development and construction of a 351-unit multifamily project located near Houston, Texas.
  • Mill Creek obtains construction financing for multifamily project in Charlotte, North CarolinaJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 351-unit multifamily project located in Charlotte, North Carolina.
  • Mill Creek obtains construction financing for multifamily project in Nashville, TennesseeJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 400-unit multifamily project located in Nashville, Tennessee.
  • Mill Creek obtains construction financing for multifamily project in Portland, OregonJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 194-unit multifamily project located in Portland, Oregon.
  • Mill Creek obtains construction financing for multifamily project in Davie, FloridaJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 397-unit multifamily project located in Davie, Florida.
  • Mill Creek obtains permanent refinancing for two multi-family projects in Los Angeles, California and Washington, D.C.Jones Day advised Mill Creek Residential Trust LLC in connection with a term loan to refinance a construction loan for the development and construction of a 248-unit apartment building located in Los Angeles, California and a 134-unit apartment building located in Washington, D.C.
  • Trammel Crow Residential forms joint venture and obtains construction financing for mixed-use project in Aurora, ColoradoJones Day represented Trammell Crow Residential in connection with the joint venture formation and financing for the development and construction of a mixed-used project including 395 multifamily units, 5,000 sq. ft. of office space, and 14,000 sq. ft. of retail space in Aurora, Colorado.
  • Alcoa sells former Rockdale industrial site Sandow Lakes Ranch for $240 millionJones Day advised Alcoa Corporation in the sale to SLR Property I, LP, for $240 million, of Sandow Lakes Ranch, the 31,000-acre site of the former Rockdale, Texas, aluminum smelter, which closed permanently in 2017 and was redeveloped into improved pasture, agricultural property, and industrial assets.
  • Trammell Crow Residential obtains construction financing for multifamily project in Houston, TexasJones Day represented Trammell Crow Residential in connection with a construction loan to finance the development and construction of a 335-unit multifamily project located in Houston, Texas.
  • Mill Creek obtains construction financing for multifamily project in Denver, ColoradoJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 323-unit multifamily project located in Denver, Colorado.
  • CITGO completes $650 million Senior Secured Notes offeringJones Day represented CITGO Petroleum Corporation, a North American refiner of complex crudes and producer of high-value petrochemicals, in connection with a Rule 144A offering of $650 million aggregate principal amount of 6.375% Senior Secured Notes due 2026.
  • Mill Creek obtains construction financing for multifamily project in Berkeley Heights, New JerseyJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 173-unit multifamily project located in Berkeley Heights, New Jersey.
  • Mill Creek obtains construction financing for 400-unit multifamily project in Nashville, TennesseeJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 400-unit multifamily project located in Nashville, Tennessee.
  • Mill Creek obtains construction financing for 378-unit multifamily project in Nashville, TennesseeJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 378-unit multifamily project (with approximately 19,900 square feet of retail space) located in Nashville, Tennessee.
  • Mill Creek obtains construction financing for multifamily project in Montville, New JerseyJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 277-unit multifamily project located in Montville, New Jersey.
  • Mill Creek obtains construction financing for multifamily project in Arlington, VirginiaJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 270-unit multifamily project located in Arlington, Virginia.
  • Mill Creek obtains construction financing for multifamily project in Woodbridge, New JerseyJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a seven story, 279-unit multifamily project (with approximately 247,000 square feet of residential space and 5,600 square feet of retail space) located in Woodbridge, New Jersey.
  • Mill Creek obtains financing for development and construction of 194-unit multifamily project in Decatur, GeorgiaJones Day advised Mill Creek Residential Trust LLC in connection with its construction loan to finance the development and construction of a 194-unit multifamily project located in Decatur, Georgia.
  • Mill Creek obtains financing for development and construction of hybrid high rise/mid-rise 395-unit multifamily project in Atlanta, GeorgiaJones Day advised Mill Creek Residential Trust LLC in connection with its construction loan to finance the development and construction of a hybrid high rise/mid-rise 395-unit multifamily project located in Atlanta, Georgia.
  • CITGO completes $1.125 billion Senior Secured Notes offeringJones Day represented CITGO Petroleum Corporation, a North American refiner of complex crudes and producer of high-value petrochemicals, in connection with a Rule 144A offering of $1.125 billion aggregate principal amount of 7.00% Senior Secured Notes due 2025.