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.

Experience

  • 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 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.
  • Wells Fargo provides $498.45 million loan secured by nine multifamily residential properties in Colorado, Georgia, North Carolina, Oregon, and TexasJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $498.45 million loan secured by nine multifamily residential properties in Colorado, Georgia, North Carolina, Oregon, and Texas.
  • 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.
  • Privately held company obtains term loan and amends existing credit agreementJones Day represented a privately held company in connection with a senior secured subordinated term loan from a fund and an amendment to its existing credit and security agreement, lease documents, and equipment notes with a national bank.
  • ECHO Finance LLC provides $10.7 million financing to Heather Way Capital I, LLCJones Day advised ECHO Finance LLC in connection with a $10.7 million credit agreement provided to Heather Way Capital I, LLC.
  • Well Fargo provides $155 million loan to finance construction of multifamily residential building in Chicago, IllinoisJones Day represented Well Fargo Bank, National Association, as administrative agent, in connection with the $155 million loan to finance the construction of a multifamily residential building with 465-units, office and retail space in Chicago, Illinois.
  • National bank amends loan and security agreement for furniture manufacturing businessJones Day represented a national bank, as agent, in connection with a second amended and restated loan and security agreement provided to a furniture manufacturing business.
  • National banks provide $320 million term loan secured by multi-building office campus located in Menlo Park, CaliforniaJones Day represented two national banks in connection with a $320 million term loan secured by a multi-building office campus located on Sand Hill Road in Menlo Park, California.