Michael K.Ording (Mike)

Partner

Dallas + 1.214.969.5151

Mike Ording practices in the real estate area, focusing on joint ventures, financings, acquisitions and dispositions, construction contracts, and workouts and distressed asset transactions. He has extensive experience in the multifamily housing sector, including numerous financings using tax-exempt bonds and tax credits. He also has represented clients in negotiating public/private partnerships and financing nontraditional real estate projects, such as sports arenas.

Mike's recent experience includes numerous transactions for long-standing client Trammell Crow Residential, aggregating more than $1.5 billion in the latest calendar year. These transactions include the acquisition of development rights and negotiation of financing for a nearly one million square foot residential and retail development to be built in cooperation with a metropolitan transit authority on surplus land at one of the authority's stations.

Experience

  • Mill Creek sells Modera Davis in Portland's Pearl DistrictJones Day advised Mill Creek Residential Trust LLC in its sale of Modera Davis, a 204-unit, luxury high-end residential community located in Portland's Pearl District to Larkspur, CA-based Virtú Investments.
  • Mill Creek forms programmatic joint venture with fund managed by QuadReal Property GroupJones Day represented Mill Creek Residential Trust LLC in the creation of a programmatic joint venture with a fund managed by QuadReal Property Group.
  • Westwood Residential sells 304-unit multifamily residential development and 16.9 acres of land in Frisco, TexasJones Day advised Westwood Residential Co in its disposition of approximately 16.9 acres of land, including a 304-unit multifamily residential development located thereon, in Frisco, Texas.
  • Westwood Residential affiliates obtain financing for Cool Springs Apartments in Frisco, TexasJones Day advised Westwood Residential Co in connection with loans of $89.5 million to its affiliates from CBRE Capital Markets, Inc. (Freddie Mac) relating to Cool Springs Apartments in Frisco, Texas.
  • Trammell Crow sells 236-unit multifamily project in Sandy Springs, GeorgiaJones Day advised Trammell Crow Residential in connection with the sale of a 236-unit multifamily project located in Sandy Springs, Georgia.
  • Trammell Crow forms joint venture agreement to develop 642 residential units in the North Hollywood neighborhood of Los Angeles, CaliforniaJones Day advised Trammell Crow Residential in connection with a construction loan and joint venture agreement to develop 642 residential units to be built in the North Hollywood neighborhood of Los Angeles, California.
  • Trammell Crow refinances 340-unit multifamily residential apartment complex in Houston, TexasJones Day advised Trammell Crow Residential in connection with the refinancing of a 340-unit multifamily residential apartment complex in Houston, Texas through a mortgage and mezzanine loan from Invesco CMI Investments L.P.
  • Mill Creek forms joint venture with institutional co-investor for acquisition of multifamily apartment portfolio in Everett, WAJones Day advised Mill Creek Residential Trust LLC in its joint venture with an institutional co-investor to acquire The Mark on 4th Apartments, a 311-unit multifamily apartment building in Everett, WA and Beacon at Center, a 132-unit multifamily apartment building in Everett, WA.
  • Trammell Crow sells Alexan Ashford Apartments to Allied Orion GroupJones Day advised Trammell Crow Residential in its sale of Alexan Ashford Apartments to Allied Orion Group, LLC.
  • Mill Creek forms joint venture for mixed use high rise development located in Edgewater district of Miami, FloridaJones Day advised Mill Creek Residential Trust LLC in its joint venture with an institutional co-investor for a mixed use high rise development located in the Edgewater district of Miami, Florida to be comprised of 296 residential apartment units and 11,000 square feet of commercial space.
  • Mill Creek to develop 319-unit multifamily project in Atlanta, GeorgiaJones Day advised Mill Creek Residential Trust LLC in connection with a construction loan to finance the development and construction of a 319-unit multifamily project located in Atlanta, Georgia.
  • Trammell Crow sells Alexan Crossroads in Orlando, FloridaJones Day advised Trammell Crow Residential in connection with its sale of Alexan Crossroads, a 314-unit apartment community located in Orlando, Florida.
  • Mill Creek forms joint venture with ASRS to acquire all outstanding sharesJones Day advised Mill Creek Residential Trust LLC and its management team in the acquisition of all the outstanding shares of Mill Creek by the Arizona State Retirement System and the management team.
  • Mill Creek forms joint venture for 288-unit Class-A apartment complex in Seattle, WashingtonJones Day advised Mill Creek Residential Trust LLC in connection with the formation of a joint venture with an institutional co-investor and the construction financing by the joint venture of a 288-unit Class-A apartment complex in Seattle, Washington.
  • Whitman/Peterson forms joint venture with Concord Hospitality and Madison Properties to develop hotel in Woburn, MassachusettsJones Day advised Whitman/Peterson Partners in its formation of a joint venture with Concord Hospitality Enterprises Corp. and Madison Properties to develop a co-branded lodging property in the Boston area.
  • The Ohio State University forms comprehensive first of its kind energy management program worth approximately $1.2 billionJones Day advised The Ohio State University in connection with a comprehensive energy management program for the University to be provided by Ohio State Energy Partners, a consortium comprised of ENGIE North America Inc. and Axium Infrastructure US Inc.
  • Trammell Crow forms joint venture for development of apartment community in SeattleJones Day advised Trammell Crow Residential in the formation of a joint venture for development of an apartment community in the Seattle, Washington area.
  • Terwilliger Pappas acquires land for development of mixed-use multifamily retail project in Suwanee, Georgia known as SolisTown CenterJones Day advised Terwilliger Pappas Multi-Family Partners, LLC regarding the acquisition of land for development of a mixed-use multifamily retail project with public/private partnership components in Suwanee, Georgia known as SolisTown Center, including, inter alia, negotiation of construction financing with Cadence Bank, a joint venture agreement with an institutional equity investor, a construction contract with a general contractor, and tax abatement bond offering from the Downtown Development Authority of Suwanee, Georgia.
  • Wendy’s refranchises 154 Wendy’s® and Wendy’s Old Fashion Hamburger® restaurants located in and around Washington, D.C.Jones Day represented The Wendy’s Company in the refranchising of 154 Wendy’s® and Wendy’s Old Fashion Hamburger® restaurants located in and around Washington, D.C.
  • Terwilliger Pappas acquires land for mixed-use multifamily project in Decatur, Georgia known as Solis DecaturJones Day advised Terwillger Pappas Multi-Family Partners, LLC regarding the acquisition of land for development of a mixed-use multifamily retail project in Decatur, Georgia known as Solis Decatur, including, inter alia, negotiation of construction financing with JPMorgan Chase Bank, a joint venture agreement with an institutional equity investor, a construction contract with a general contractor, and tax abatement bond offering from the Development Authority of Dekalb County, Georgia.
  • We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.