John K.Tomes

Associate

Atlanta + 1.404.581.8138

John Tomes advises clients on all aspects of complex commercial real estate transactions. He is experienced in financing and refinancing on behalf of national and regional lenders, acquisitions and dispositions, joint ventures, and leasing of commercial real estate throughout the United States.

John's experience representing lenders includes real estate secured lending for multifamily, homebuilder, health care, and retail ventures. His recent transactions on behalf of lenders include $210 million and $80 million construction loans secured by a to-be-constructed mixed-use development in Midtown Atlanta, senior bridge loans totaling approximately $215 million secured by three seniors housing facilities in California and Texas, and an $87.5 million first lien credit facility for a Florida homebuilder.

John also advises real estate developers and real estate investment funds in connection with joint ventures, financing, general real property matters, and acquisitions and dispositions related to health care, industrial, student housing, office, and retail projects. He recently assisted clients in the $500 million forward sale of a portfolio of 10 last-mile fulfillment centers throughout the United States and the refinancing of a portfolio of student housing facilities in California.

John also regularly handles real property aspects of corporate transactions, including mergers and acquisitions, and advises real estate companies on corporate matters.

Experience

  • Gray Television acquires Third Rail StudiosJones Day advised Gray Television, Inc. in the acquisition of Third Rail Studios in Doraville, Georgia, a movie and television production facility, from The Integral Group.
  • VSE Corporation acquires Global Parts GroupJones Day advised VSE Corporation in the acquisition of Global Parts Group, Inc. in an all-cash transaction valued at approximately $38 million.
  • PTTGC acquires allnex from AdventJones Day is advising PTT Global Chemical Public Company Limited in the €4 billion acquisition of allnex Holding GmbH from Advent International.
  • Wells Fargo provides $150 million secured credit facility for construction of single family homes by regional homebuilderJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $150 million secured credit facility for the construction of single family homes by a regional homebuilder.
  • Wells Fargo provides $87.5 million senior secured revolving credit facility to Florida-based homebuilderJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $87.5 million senior secured revolving credit facility provided to a Florida-based homebuilder.
  • Wells Fargo provides $250 million refinancing to national homebuilderJones Day advised Wells Fargo Bank, National Association in its $250 million unsecured revolving credit facility to a national homebuilder.
  • Wells Fargo provides financing for construction of mixed-use project in Atlanta, Georgia known as “Midtown Union"Jones Day represented Wells Fargo Bank, National Association in connection with aggregate loans in the amount of $300 million for the construction of a mixed-use project in Atlanta, Georgia known as “Midtown Union".
  • Fifth Third Bank provides financing for acquisition of first-class senior living facility in White Plains, New YorkJones Day advised Fifth Third Bank, as administrative agent, in a $50 million acquisition loan for a first-class senior living facility in White Plains, New York.
  • Cumulus Media sold broadcast communications tower portfolio to Vertical Bridge REIT for $208 million in sale/leaseback transactionJones Day advised Cumulus Media Inc. in the sale and leaseback of its broadcast communications tower portfolio to Vertical Bridge REIT for $208 million.
  • Global systemically important bank (GSIB) conducts risk assessment to determine impact of LIBOR transition on enterprise-wide portfoliosJones Day is advising a GSIB with respect to enterprise-wide portfolios impacted by the LIBOR transition, including conducting portfolio-wide risk impact assessments, analyzing various consumer products, and developing litigation contingency plans.
  • GLL Real Estate Partners sells Perimeter Place shopping center in Atlanta, GeorgiaJones Day advised GLL Real Estate Partners Inc. in its sale of Perimeter Place, a retail shopping center located in Atlanta, Georgia.
  • Milliken & Company acquires Borchers from The Jordan CompanyJones Day advised Milliken & Company in its acquisition of Borchers Group Limited, a global specialty chemicals company known for its innovative high-performance coating additives and specialty catalyst solutions, from The Jordan Company, L.P.
  • 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.
  • LORD Corporation acquired by Parker Hannifin for $3.675 billionJones Day advised LORD Corporation in its $3.675 billion acquisition by Parker Hannifin Corporation.
  • 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.
  • Exide Technologies completes $1.1 billion comprehensive new financing and recapitalizationJones Day represented Exide Technologies, a global leader in stored energy solutions for the automotive and industrial markets, in connection with a comprehensive new financing and recapitalization transaction.
  • Milliken & Company acquires PolartecJones Day advised Milliken & Company in its acquisition of Polartec, a strong global brand known for its innovative performance textiles for outdoor and military apparel, from Versa Capital Management, LLC.
  • Milliken & Company acquires Andover Healthcare, Inc. and Andover Resources, Inc.Jones Day advised Milliken & Company, an industrial manufacturer that is active in a breadth of disciplines, including specialty chemical, floor covering, performance and protective textile materials, in connection with the acquisition of Andover Healthcare, Inc. and Andover Resources, Inc., leading manufacturers of cohesive bandages and tapes for healthcare, animal health, and sports medicine industries.
  • Wells Fargo provides $300 million credit facility to national home builderJones Day represented Wells Fargo Bank, National Association, as administrative agent, on behalf of a syndicate of lenders, in connection with a $300 million unsecured credit facility provided to a national home builder.
  • ACG Equity Partners acquires housing community in Lincoln, NebraskaJones Day advised AGC Equity Partners Private Equity Secondary Fund II L.P. in its acquisition of Aspen Lincoln, a 632-bed student housing community located in Lincoln, Nebraska.