Rachel L.Ippolito

Associate

Cleveland + 1.216.586.7220

Rachel Ippolito focuses her practice on commercial real estate finance. Her practice includes representing financial lending institutions in a variety of real estate lending transactions. Rachel has experience assisting lenders in negotiating, documenting, and closing complex lending transactions for a wide range of assets, including multiuse projects, shopping centers, and other commercial properties.

In addition, Rachel maintains an active pro bono practice and helps lead Jones Day's efforts in Cleveland's Right to Counsel program, which gives eligible low-income Cleveland tenants free legal representation in eviction hearings in Cleveland Housing Court. Rachel also represents Jones Day on the Leadership Council of Engage Cleveland, a community organization for young professionals and business leaders.

Experience

  • Large financial institution increases term loan secured by two hotel properties located in Knoxville, TennesseeJones Day represented a large financial institution, as administrative agent, in connection with an amendment to increase a term loan secured by two hotels consisting of 384 units located in Knoxville, Tennessee.
  • Leading financial services company completes work out of past-due term loan secured by California office propertyJones Day represented a leading financial services company, as administrative agent, in connection with the work out of a past-due term loan secured by a California office property.
  • Financial institution provides $150 million revolving line of credit secured by portfolio of five apartment complexesJones Day represented a financial institution in connection with a $150 million revolving line of credit secured by five apartment complexes located in Arizona, Texas, Utah, and Washington.
  • Wells Fargo amends and restates $650 million senior secured revolving credit facility for publicly traded real estate investment trustJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the amendment and restatement of a $650 million senior secured revolving credit facility for a publicly traded real estate investment trust.
  • TriGate obtains financing for acquisition of open-air retail destination in North Tampa, FloridaJones Day represented TriGate Capital, LLC in connection with a loan to finance the acquisition of an open-air retail destination in North Tampa, Florida.
  • Financial institution provides term loan secured by apartment building located outside San Francisco, CaliforniaJones Day represented a financial institution in connection with a term loan secured by a 90-unit apartment building located outside San Francisco, California.
  • 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 $230.4 million senior construction loan to developers of two state-of-the-art warehouse distribution centersJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the a $230.4 million senior construction loan provided to the developers of two state-of-the-art warehouse distribution centers.
  • 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.
  • Financial institution provides $314 million syndicated construction loan secured by office campus in Burlingame, CaliforniaJones Day represented a financial institution, as administrative agent, in connection with a $314 million construction loan secured by a 275,746 square foot office campus with a waterfront location on the San Francisco Peninsula at 555-577 Airport Blvd. in Burlingame, California.
  • Financial institution provides $106 million construction loan secured by multifamily housing project, including commercial space, in Burlingame, CaliforniaJones Day represented a financial institution, as administrative agent, in connection with a $106 million construction loan secured by a multifamily housing project, including commercial space, in Burlingame, California.
  • RBC Real Estate Capital Corporation provides $111 million loan secured by Kennebunkport Resort Collection in Kennebunkport, MaineJones Day represented RBC Real Estate Capital Corp., a subsidiary of the Royal Bank of Canada, as administrative agent, in connection with a $111 million loan secured by a fourteen-property portfolio of resorts, hotels, and luxury residential accommodations located in Kennebunkport, Maine.
  • Wells Fargo provides $375 million term loan secured by student housing projects located throughout U.S.Jones Day represented Wells Fargo Bank, National Association, in connection with a $375 million acquisition loan secured by 12 student housing projects located throughout the U.S. 
  • 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.
  • Hyatt Hotels completes US$200 million financing and refinancing of Indian joint venture entityJones Day represented Hyatt Hotels Corporation and its wholly-owned Mauritius subsidiary in connection with the following bespoke financing arrangements aggregating in principal amount to approximately US$200 million: (a) an INR term loan facility granted to an Indian joint venture entity 50% of which is owned by Hyatt's Mauritius subsidiary; (b) a standby letter of credit facility granted to Hyatt Hotels Corporation; (c) an additional INR term loan facility granted to the Indian joint venture entity; and (d) the issuance by the Indian joint venture entity of certain INR denominated, redeemable, unsecured, unrated, and unlisted non-convertible debentures.
  • National bank provides $300 million term loan secured by NFL studio and office project in Inglewood, CaliforniaJones Day represented a national bank, as administrative agent, in connection with a $300 million term loan secured by a newly constructed multi-media studio and office project located in the Hollywood Park Development in Inglewood, California.
  • Wells Fargo amends facilities secured by mortgages on healthcare and life science propertiesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the amendment of a $750 million revolving credit facility, $200 million term loan facility, and related intercreditor arrangements, which among other things, secured the facilities with mortgages on close to 100 healthcare and life science properties across the country.
  • Wells Fargo provides $37.575 million loan secured by industrial project in Houston, TexasJones Day represented Wells Fargo Bank, N.A., as administrative agent, in connection with a $37.575 million loan secured by an industrial project located in Houston, Texas.
  • National bank provides $150 million term loan secured by NFL studio and office project in Inglewood, CaliforniaJones Day represented a national bank, as administrative agent, in connection with a $150 million term loan secured by a newly constructed multi-media studio and office project located in the Hollywood Park Development in Inglewood, California.