Rita M.Rochford

Associate

Cleveland + 1.216.586.7031

Rita Rochford practices commercial real estate finance and represents financial lending institutions in a variety of real estate lending transactions. Rita has experience assisting lenders in negotiating and documenting large office and multiuse projects, shopping centers, and other commercial properties.

Experience

  • Wells Fargo provides $225.5 million term loan facility secured by mixed-use luxury high rise development located in Chicago, IllinoisJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $225.5 million term loan facility secured by mixed-use luxury high rise development, including 279 residential rental apartments, 15 residential condominium units, and a parking garage located in Chicago, Illinois.
  • 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 $120 million term loan secured by commercial office campus in Irvine, CaliforniaJones Day represented a financial institution, as administrative agent and lead lender, in connection with a $120 million term loan secured by a Class A office campus containing approximately 288,000 square feet and located in Irvine, California.
  • Wells Fargo and other lenders provide $500 million revolving credit facility to large private real estate developerJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $500 million senior unsecured credit facility to refinance a large private real estate developer's existing debt obligations and for other general corporate purposes.
  • Wells Fargo Bank provides $516.1 million term loan secured by industrial properties in eleven statesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $516.1 million loan secured by eighteen industrial properties in California, Florida, Indiana, Nevada, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Washington.
  • Wells Fargo provides $260 million term loan secured by multifamily residential building located in Chicago, IllinoisJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $260 million term loan secured by a multifamily residential building containing 626,633 net rentable residential square feet, 3,631 net rentable retail square feet, and parking for 198 vehicles located in Chicago, Illinois.
  • 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.
  • 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.
  • 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.
  • 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.
  • Wells Fargo provides $166.6 million financing for construction of 640-unit Class A apartment property in Washington, D.C.Jones Day advised Wells Fargo Bank, National Association in connection with a $166.6 million loan to finance the construction of a 640-unit Class A apartment property located in Washington, D.C.
  • Wells Fargo provides $210 million loan secured by multifamily residential propertiesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $210 million loan secured by three multifamily residential properties in Colorado, North Carolina, and Oregon.
  • Wells Fargo provides financing for renovation and operation of two twenty-six story multifamily buildings in Fairfax, VirginiaJones Day advised Wells Fargo Bank, National Association in connection with the $180 million refinance, renovation, and operation of two twenty-six story multifamily buildings in Fairfax, Virginia.
  • National bank provides financing for industrial portfolio located in eight statesJones Day represented a national bank as administrative agent and lead lender in connection with a $391.5 million syndicated loan secured by an industrial portfolio located in eight states.
  • Well Fargo provides $325 million construction loan for Los Angeles, California, mixed-use development projectJones Day represented Well Fargo Bank, National Association as administrative agent and syndication agent in connection with a $325 million construction loan for a Los Angeles, California, mixed-use development project containing approximately 600 residential apartments, 189,000 square feet of office space and 90,000 square feet of retail space.
  • Wells Fargo leads $1.5 billion secured credit facility refinance and upsizeJones Day represented Well Fargo Bank, National Association, as administrative agent, in connection with the refinance and upsize of a $1.5 billion credit facility, consisting of a $700 million revolving credit facility, a $300 million term loan A, and a $500 million term loan B, secured by four Gaylord-branded destination resort and conference centers totaling 8,114 guest rooms and over two million square feet of meeting space.
  • Wells Fargo provides $105 million term loan facility to subsidiaries of golf clubJones Day advised Wells Fargo Bank, National Association in connection with a $105 million term loan to an owner and operator of golf and country clubs throughout the U.S.
  • Wells Fargo provides $140 million loan secured by substantially all of vertically subdivided Class "A" office building in Chicago, IllinoisJones Day advised Wells Fargo Bank, National Association in connection with a $140 million loan secured by substantially all of a vertically subdivided Class "A" office building in Chicago, Illinois, the purpose of which was to refinance existing debt and to pay for significant tenant improvements and leasing costs at the building.
  • Wells Fargo Bank provides $865.7 million revolving and term loan facility secured by 120 industrial propertiesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $865.7 million revolving and term loan facility secured by 120 industrial properties spread across seven states.