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

  • 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.
  • 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.
  • Mill Creek obtains construction financing for multifamily project in Redmond, WashingtonJones Day advised Mill Creek Residential Trust LLC in its construction loan to finance the development and construction of a 288-unit multifamily project (with approximately 3,600 square feet of retail space) located in Redmond, Washington.
  • Mill Creek obtains construction financing for development of 429-unit multifamily project in Shenandoah, TexasJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 429-unit multifamily project in Shenandoah, Texas.
  • Direct lender provides $100 million senior secured credit facility to upstream oil and gas companyJones Day represented a direct lender in connection with a $100 million senior secured credit facility provided to an upstream oil and gas company.
  • Mill Creek obtains construction financing for development of 334-unit multifamily project in New Rochelle, New YorkJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 334-unit multifamily project, consisting of 301 market units and 33 affordable units, in New Rochelle, New York.
  • Mill Creek obtains construction financing for multifamily project in Orlando, FloridaJones Day advised Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 292-unit multifamily project (with approximately 10,000 square feet of retail space) located in Orlando, Florida.
  • Mill Creek obtains construction financing for multifamily project in Redmond, WashingtonJones Day advised Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 233-unit multifamily project (with approximately 4,700 square feet of retail space) located in Redmond, Washington.
  • Mill Creek obtains construction financing for mixed-use project, including retail space and 339 multifamily units in Houston, TexasJones Day represented Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 5-story mixed-used project, including 339 multifamily units and 4,000 sq. ft. of upscale ground-floor retail space in Houston, Texas.
  • Mill Creek refinances mixed-use project located in Los Angeles, CaliforniaJones Day represented Mill Creek Residential Trust LLC in connection with a senior and mezzanine term loan to refinance a mixed-use project (with 371 multifamily units and approximately 317,000 square feet of residential space) located in Los Angeles, California.