Kate M.Grady

Staff Attorney

Cleveland + 1.216.586.7071

Kate Grady concentrates her practice on commercial real estate finance and represents financial lending institutions in a variety of real estate transactions.

Kate has an extensive background in title and survey review and is able to guide clients through the title process from inception through post-closing. Prior to joining Jones Day she worked as a foreclosure paralegal, title examiner, a title attorney, and an oil and gas landman in the fracking and natural gas industry. She has experience in title examining for residential real estate, commercial real estate, and mineral estates; drafting of commitments, title opinions, policies, and judicial reports; curing of title defects and clearing liens; and reviewing judicial foreclosures, bankruptcies, and probates.

Experience

  • Wells Fargo provides $108 million term loan facility secured by four multifamily properties in Florida, California, and UtahJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $108 million term loan facility secured by four multifamily properties in Florida, California, and Utah.
  • Wells Fargo provides $99.65 million construction loan secured by commercial warehouses in MarylandJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $99.65 million construction loan facility secured by commercial warehouses in Maryland.
  • National bank provides $60 million term loan facility secured by 230-unit apartment community located in San Diego's Cortez Hill neighborhoodJones Day represented a national bank, as administrative agent, in connection with a $60 million term loan facility secured by a 230-unit apartment community located in San Diego's Cortez Hill neighborhood.
  • Wells Fargo provides $475 million senior loan facility secured by portfolio of 12 multifamily properties across multiple statesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the origination of a $475 million senior loan facility secured by 12 multifamily properties across Arizona, California, and Illinois.
  • Wells Fargo provides construction loan secured by industrial property located outside of Las Vegas, NevadaJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, in connection with a construction loan secured by a 159,040 sq. ft. industrial property located outside of Las Vegas, Nevada.
  • 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 $156 million financing for residential apartment complex in Austin, TexasJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $155.99 million construction loan secured by the construction of a "Class A" apartment complex which will include 37 residential apartment units, 3,372 rentable square feet of retail space, and a parking structure located in Austin, Texas.
  • Wells Fargo provides $245 million construction loan secured by to-be-constructed high-rise building located in Los Angeles' historic Arts DistrictJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $245 million construction loan secured by a to-be-constructed 35-story mixed-use high-rise building located in Los Angeles' historic Arts District.
  • Wells Fargo provides $685 million syndicated construction loan for hotel and convention center in Chula Vista, CaliforniaJones Day represented Wells Fargo Bank, National Association, in connection with a $685 million construction loan to the developers of the Gaylord Pacific convention center and hotel.
  • RBC Real Estate Capital Corporation provides loan secured by resort in Myrtle Beach, South CarolinaJones Day represented RBC Real Estate Capital Corp., a subsidiary of the Royal Bank of Canada, as administrative agent, in connection with a loan secured by a resort located in Myrtle Beach, South Carolina.
  • Financial institution provides $408 million syndicated loan secured by portfolio of industrial properties located in four Western statesJones Day represented a financial institution, as administrative agent and lead lender, in connection with a $408 million syndicated loan secured by a portfolio of industrial properties located in four Western states.
  • Wells Fargo provides Chapter 11 financial reorganization plan for CBL PropertiesJones Day advised Wells Fargo Bank, National Association, as administrative agent, in connection with the Chapter 11 financial reorganization plan of and secured exit financing for CBL Properties (“CBL”), a publicly traded real estate investment trust that owns and manages a portfolio of shopping malls.
  • Financial institution provides $350 million syndicated construction loan secured by “Class A” office building in CaliforniaJones Day represented a financial institution, as administrative agent, in connection with a $350 million syndicated construction loan secured by a “Class A” office building in California.
  • Wells Fargo provides $200 million revolving life sciences acquisition facilityJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $200 million revolving acquisition facility to be secured by life sciences properties across the U.S.
  • Wells Fargo-led syndicate of lenders successfully negotiate secured $1.1 billion restructuring credit facility for Pennsylvania Real Estate Investment Trust (PREIT)Jones Day represented Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, in connection with the Chapter 11 financial reorganization plan of Pennsylvania Real Estate Investment Trust (“PREIT”), a publicly traded real estate investment trust that owns and manages a portfolio of shopping malls totaling over 23 million square feet of retail space.
  • Wells Fargo refinances senior unsecured revolving credit facility for private real estate companyJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the refinancing of a senior unsecured revolving credit facility and increasing the facility to $250 million for a private real estate company.