MarthaWach

Counsel

Dallas + 1.214.969.5121

Martha Wach has more than 25 years of experience representing clients in multijurisdictional transactions involving domestic and international real property. Martha's practice focuses on M&A transactions for both public and private companies, real estate loans, and the real estate aspects of corporate finance transactions. She also represents clients in leasing matters.

Recent transactions include the $735 million acquisition by Asbury Automotive Group of certain assets of Park Place Dealerships; sale of the Medical City Green Oaks hospital campus to Healthpeak Properties; sale by SPC at the Star of its sports performance center; consolidation and extension of ground leases at Dallas Love Field Airport for Business Jet Center; leases of more than 5,000 acres of land in central Texas by Alcoa Corporation for solar energy conversion facilities; $260 million note offering by International Wire Group; community development loans from The Real Estate Council Community Fund to local nonprofit entities; and leasing work for AVANCE and The Nature Conservancy. Other recent clients include Daikin Industries, Nine Point Energy, Westwood Residential, J.F. Lehman, SHV Energy, and Citizens Bank.

Martha is a member of The Real Estate Council and served as secretary from 2011 to 2014; co-heads the Austin Street Center outreach program for the Episcopal Church of the Ascension; and is a member of the American Bar Association, the State Bar of Texas, and the Dallas Bar Association. Martha also leads the Jones Day Dallas Office's participation in Street Law's Legal Diversity Pipeline Program in a joint effort with Verizon.

Experience

  • TREC Community Investors provides loan to Recipe Oak CliffJones Day represented TREC Community Investors, a community development financial institution, in connection with a loan to Recipe Oak Cliff LLC secured by a mortgage on property in the Oak Cliff area of Dallas used for a juice bar and vegan market.
  • Trammell Crow Residential obtains construction loan for development and construction of 351-unit multifamily project located near Houston, TexasJones Day represented Trammell Crow Residential in connection with a construction loan for the development and construction of a 351-unit multifamily project located near Houston, Texas.
  • BenefitMall acquires Mutual MedJones Day advised BenefitMall, the largest health benefits general agent in the U.S., in its acquisition of Mutual Med, a Davenport, Iowa-based insurance general agency providing sales counseling and support for insurance brokers primarily in rural markets and with an emphasis on small group business.
  • Wells Fargo provides $370 million syndicated loan secured by 30 limited-service hotelsJones Day represented Wells Fargo Bank, National Association, as administrative agent, and Wells Fargo Securities, LLC, as left lead arranger and sole bookrunner, in connection with a $370 million syndicated senior loan secured by 30 limited-service hotels located across 17 states.
  • 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.
  • Granite Construction obtains $350 million revolving credit facilityJones Day represented Granite Construction Incorporated, one of the largest diversified construction and construction materials companies in the United States, in connection with a $350 million revolving credit facility with Bank of America, N.A., as administrative agent and lender.
  • Business Jet Center obtains refinancingJones Day represented Business Jet Center, Ltd. and other affiliated Wright entities in connection with loans to refinance the client's existing outstanding debt.
  • SER Capital Partners portfolio company Perfect Power Solutions Texas, LLC sells energy storage assets in Texas to Gore StreetJones Day is advising SER Capital Partners portfolio company Perfect Power Solutions Texas, LLC in the sale of a portfolio of eight energy storage assets in Texas to Gore Street.
  • DigitalBridge’s DataBank acquires Houston-area data centers from CyrusOneJones Day advised DigitalBridge Group Inc.’s DataBank subsidiary in the $670 million acquisition of four existing data centers in the Houston, TX metro area from CyrusOne.
  • Private credit lender provides $105 million credit facility to owner of upstream oil and gas assets located in Permian Basin of Texas and New MexicoJones Day advised a private credit lender in the structuring and negotiation of a $105 million senior secured term loan and revolving credit facility provided to an owner of upstream oil and gas assets located in the Permian Basin of Texas and New Mexico.
  • PTTGC acquires allnex from AdventJones Day advised PTT Global Chemical Public Company Limited in the €4 billion acquisition of allnex Holding GmbH from Advent International.
  • TriGate Capital acquires 687,000 square foot retail center in Westminster, ColoradoJones Day represented TriGate Capital, LLC in connection with a joint venture for the acquisition and financing of a 687,000 square foot retail center in Westminster, Colorado.
  • Asbury Automotive Group acquires Larry H. Miller Dealerships and Total Care Auto for $3.2 billionJones Day advised Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., in its acquisition of Larry H. Miller Dealerships, and Total Care Auto, Powered by Landcar for $3.2 billion.
  • Greystar acquires $2 billion portfolio from The Finger CompaniesJones Day represented Greystar Real Estate Partners LLC in connection with a $2 billion acquisition of a portfolio from The Finger Companies.
  • Alcoa sells former Rockdale industrial site Sandow Lakes Ranch for $240 millionJones Day advised Alcoa Corporation in the sale to SLR Property I, LP, for $240 million, of Sandow Lakes Ranch, the 31,000-acre site of the former Rockdale, Texas, aluminum smelter, which closed permanently in 2017 and was redeveloped into improved pasture, agricultural property, and industrial assets.
  • Business Jet Center and other affiliated Wright entities obtain financing for construction of new hangar at Dallas Love Field AirportJones Day represented Business Jet Center, Ltd. and other affiliated Wright entities in connection with a loan from BBVA USA for the construction of a new hangar at Dallas Love Field Airport.
  • CITGO completes $650 million Senior Secured Notes offeringJones Day represented CITGO Petroleum Corporation, a North American refiner of complex crudes and producer of high-value petrochemicals, in connection with a Rule 144A offering of $650 million aggregate principal amount of 6.375% Senior Secured Notes due 2026.
  • Daikin acquires ElitAireJones Day advised Daikin in its acquisition of ElitAire.
  • Daikin acquires ABCO HVACR Supply + SolutionsJones Day advised Daikin North America LLC, a subsidiary of Daikin Industries, Ltd. and the world's largest manufacturer of heating, cooling, and refrigerant products, in the acquisition of ABCO HVACR Supply + Solutions, the leading full line distributor of HVAC and refrigeration systems and supplies in the Northeastern United States.
  • TWG Aviation and other affiliated Wright entities modify ground lease with City of Dallas covering property at Dallas Love Field AirportJones Day represented TWG Aviation, Ltd. and other affiliated Wright entities in the consolidation and modification of a ground lease with the City of Dallas covering property at Dallas Love Field Airport, adding land to the leased premises and extending the term into 2055 in anticipation of future development.
  • Additional Publications

    • 1993
      Withholding Consent to Alienate: If Your Landlord Is in a Bad Mood, Can He Prevent You from Alienating Your Lease? 43 Duke Law Journal 671