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, hotels, and other commercial properties.

Rita also has experience in complex fintech projects, as well as in the review and drafting of legal terms and conditions regarding the processing of personal data, privacy policies for consumers using mobile applications, and master services agreements.

Prior to attending law school, Rita served as a corps member for Teach For America, where she taught elementary school in Kansas City, Missouri.

Experience

  • 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.
  • RBC Real Estate Capital Corporation and lenders provide $750 million loan secured by leasehold interest in Boston, MassachusettsJones Day represented RBC Real Estate Capital Corp., a subsidiary of the Royal Bank of Canada, in connection with a $750 million construction loan to lease and develop a ground-up mixed-use development comprised of a lab component with approximately 529,000 net rentable square feet, a multifamily component with approximately 343 rental units, and a hotel component with approximately 246 rooms and 83,000 net rentable square feet.
  • Wells Fargo provides construction loan secured by two industrial buildings 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 two industrial buildings located outside of Las Vegas, Nevada, totaling approximately 107,135 square feet in the aggregate.
  • Wells Fargo refinances $1.225 billion unsecured credit facilityJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection the refinancing of a $1.225 billion unsecured credit facility, inclusive of a $600 million revolving credit facility, a new $225 million tranche A-1 term loan facility, and an existing $400 million tranche A-2 term loan facility for a publicly traded real estate investment trust.
  • Banco Santander provides $105.98 million to nonprofit real estate developer to finance two phases of residential projectJones Day represented Banco Santander, as senior lender and as construction lender, in connection with a $105.98 million loan transaction to a nonprofit real estate developer to finance two phases of a 223 unit residential project, including 132 affordable housing units.
  • Wells Fargo provides construction loan secured by six industrial buildings 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 six industrial buildings located outside of Las Vegas, Nevada, totaling approximately 506,450 square feet in the aggregate.
  • MassMutual provides series of term loans to special purpose vehicle owned by joint ventureJones Day represented Massachusetts Mutual Life Insurance Company, as lead lender, administrative agent, and collateral custodian, in connection with a $447.68 million term loan facility provided to a special purpose vehicle owned by a joint venture.
  • MassMutual negotiates and documents warehouse facility for real estate secured loansJones Day represented Massachusetts Mutual Life Insurance Company in negotiating and documenting a warehouse facility for real estate secured loans, each backstopped by a take-out commitment from a third party.
  • Wells Fargo and group of lenders provide $525 million unsecured revolving credit facility to large real estate investment management firmJones Day represented Wells Fargo Bank, National Association, as administrative agent and lead arranger, in connection with a $525 million syndicated senior unsecured revolving credit facility provided to a large real estate investment management firm.
  • Wells Fargo provides $157.2 million financing for construction of two industrial buildings in Burlington, New JerseyJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, in connection with a $157.2 million financing for the construction of two industrial buildings consisting of approximately 1,512,840 net rentable square feet located in Burlington, New Jersey.
  • Wells Fargo provides $140.26 million financing for construction of two industrial buildings located in Burlington, New JerseyJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, in connection with a $140.26 million financing for the construction of two industrial buildings consisting of approximately 1,690,705 net rentable square feet located in Burlington, New Jersey.
  • National bank provides $167.4 million construction loan for development of nine-story commercial buildingJones Day represented a national bank, as administrative agent, lead arranger, and sole bookrunner, in connection with a $167.4 million senior secured construction loan for the development of a nine-story commercial building containing approximately 214,284 rental square feet.
  • Wells Fargo provides $185 million to national real estate developer for acquisition and renovation of garden style apartment buildings located in Fairfax County, VAJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a secured loan provided to a national real estate developer to finance the acquisition and renovation of an existing 97% occupied, 1,065-unit, Class B multi-family asset consisting of 84 three-story, garden style apartment buildings located in Fairfax County, VA.
  • 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 $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 $150 million term loan to large private real estate developerJones Day represented Wells Fargo Bank, National Association, as administrative agent and a lender, in connection with a $150 million term loan secured by six recently completed industrial buildings containing approximately 993,200 net rentable square feet located in Los Angeles, California.
  • 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.
  • 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.