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

  • Asbury Automotive Group to acquire Larry H. Miller Dealerships and Total Care Auto for $3.2 billionJones Day is advising 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.
  • 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.
  • 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.
  • 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.
  • The Wright Group sells Medical City Green Oaks Hospital campus in Dallas, TexasJones Day advised The Wright Group in connection with the sale of the Medical City Green Oaks Hospital campus in Dallas, Texas, to an affiliate of Healthpeak Properties, Inc.
  • Westwood Residential obtains financing relating to Austin Waters Apartments in Austin, TexasJones Day represented Westwood Residential Companies in connection with loans of $32.7 million to its affiliates from CBRE Capital Markets, Inc. (Freddie Mac) relating to Austin Waters Apartments in Austin, Texas.
  • The Real Estate Council Community Fund provides financing to Resource Center of Dallas for acquisition of land in Dallas, Texas for development of 84-unit senior housingJones Day represented The Real Estate Council Community Fund, a community development financial institution, in connection with a construction loan by The Real Estate Council Community Fund to the Resource Center of Dallas, Inc., a local non-profit organization, for the acquisition of several parcels of land located in Dallas, Texas and the development of an 84-unit senior housing development serving the LGBTQ+ senior community.
  • The Real Estate Council Community Fund provides financing to The Kessler School for acquisition of campusJones Day represented The Real Estate Council Community Fund, a community development financial institution, in connection with a loan by The Real Estate Council Community Fund to The Kessler School, Inc., a local non-profit organization, for the acquisition of a campus for The Kessler School.
  • Asbury Automotive acquires Park Place Dealerships for $735 millionJones Day advised Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., in the acquisition of certain assets of Park Place Dealerships, one of the country's largest and most prominent luxury dealer groups, for $685 million of goodwill and approximately $50 million for parts, fixed assets, and leaseholds, excluding vehicle inventory.
  • SPC at the Star sells sports performance business to national operatorJones Day advised SPC at the Star, LLC in connection with the sale of its sports performance, training and fitness business to a national operator of sports performance centers.
  • J.F. Lehman portfolio company acquires Heneghan Wrecking CompanyJones Day advised NorthStar Group Services, Inc., a portfolio company of investment affiliates of J.F. Lehman & Company, in connection with the acquisition of Heneghan Wrecking & Excavating Co., Inc. and Patrick's Equipment Leasing, Inc., providers of complete structural and interior deconstruction, excavation, and emergency response services for commercial and industrial clients across the Midwest.
  • Wright Group sold Shadin Avionics to Gardner Standard LLCJones Day advised The Wright Group in the sale of Shadin, L.P., d/b/a Shadin Avionics, a global leader in aviation electronics (avionic) integration and data management solutions, to Gardner Standard LLC.
  • J.F. Lehman acquires Global Marine GroupJones Day advised long-standing client J.F. Lehman & Company, a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government, and environmental sectors, in connection with the acquisition and related financing of Global Marine Group.
  • J.F. Lehman acquires Integrated Global ServicesJones Day advised long-standing client J.F. Lehman & Company, a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government, and environmental sectors, in the acquisition and related financing of Integrated Global Services, Inc. ("IGS").
  • Noble Midstream Partners acquires 20% ownership interest in Saddlehorn Pipeline for $155 millionJones Day advised Noble Midstream Partners LP in its $155 million acquisition and exercise of an option to acquire a 20% ownership interest in Saddlehorn Pipeline Company, LLC, along with the negotiation of related crude oil commercial agreements.
  • 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.
  • 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