Robert C.Lee (Bob)

Practice Leader Real Estate

Chicago + 1.312.269.4173

Over his 35-year career Bob Lee has been involved in more than $40 billion in real estate private equity capital formations and joint ventures and more than $25 billion in real estate portfolio transactions and real estate company and real estate investment trust (REIT) mergers and acquisitions in the United States, the United Kingdom, Europe, and Asia.

Bob co-heads Jones Day's Real Estate Practice worldwide. He leads cross-disciplinary and cross-border teams in innovative and complex preferred equity and debt investments; joint ventures and co-investments; fund formations, "club deals," "funds of one," and separately managed accounts; public and private real estate company and REIT mergers and acquisitions; asset management company mergers, buyouts, and recapitalizations; and large portfolio transactions.

Bob regularly represents Henderson Park Capital Management, LaSalle Investment Management, MARK Capital Management Limited, Mill Creek Residential Trust, Orion Capital Managers, Sarofim Realty Advisors, TriGate Capital, Warwick Investment Group, and Whitman/Peterson Partners.

Bob serves on the board of trustees of the Chicago History Museum and the board of directors of After School Matters, a public/private partnership that provides Chicago Public High School students hands-on, project-based paid apprenticeships and internships in a variety of content areas, including the arts, communications and leadership, sports, and STEM.

Experiência

  • Henderson Park sells stake in Westin Paris-Vendome to Dubai HoldingJones Day advised Henderson Park Real Estate Fund I in connection with the disposal of its stake in the iconic Westin Paris-Vendome hotel to its joint venture partner, Dubai Holding.
  • Meyer Bergman forms Crossbay Logistics FundJones Day advised Meyer Bergman, Ltd. in the formation and launch of Crossbay Logistics Fund, which is a pan-European real estate platform targeting single tenant assets in gateway cities.
  • Henderson Park acquires D.C. Mandarin OrientalJones Day represented Henderson Park Capital Partners in its joint venture with Salamander Hospitality, LLC and the joint venture's $139 million acquisition and financing of the D.C. Mandarin Oriental, a 373-room luxury hotel located in the Southwest waterfront area of Washington D.C. 
  • Mill Creek forms programmatic joint venture with fund managed by QuadReal Property GroupJones Day represented Mill Creek Residential Trust LLC in the creation of a programmatic joint venture with a fund managed by QuadReal Property Group.
  • MARK Capital sells European portfolio to PrologisJones Day advised MARK Capital in the €1.585 billion sale of Crossbay (by Crossbay SCSp RAIF), its specialized pan-European last-mile logistics platform, to Prologis European Logistics Fund.
  • Henderson Park and South Street Partners acquire Palmetto Bluff Montage Hotel and ResortJones Day represented Henderson Park Capital Partners in its joint venture with South Street Partners and the joint venture's acquisition and financing of Palmetto Bluff, a 20,000-acre single family residential and resort community in the Lowcountry of South Carolina, situated between Charleston and Savannah.
  • Whitman/Peterson enters into programmatic joint venture to acquire, develop and operate economy extended stay hotelsJones Day advised Whitman/Peterson LLC in connection with a programmatic joint venture with Concord Hospitality to acquire, develop, and operate economy extended stay hotels/short term rentals.
  • PFA acquires stake in $1 billion U.S. multifamily portfolioJones Day represented Domain Capital Group, designated asset manager to U.S. multifamily operator Simpson Housing, in a joint venture with Danish pension fund PFA where PFA took a 49% stake in a $1.05 billion portfolio that includes apartment buildings in Austin, Charlotte, Denver, Houston, Nashville, Phoenix, Portland, and Seattle and comprises nearly 3,500 units.
  • Henderson Park forms Henderson Park Real Estate Fund I ("HPREF I")Jones Day represented Henderson Park Capital Management in the formation of Henderson Park Real Estate Fund I ("HPREF I"), a $2.2 billion pan-European opportunistic and value added real estate investment fund, and in the Fund's related subscription-based credit facility.
  • Greystar forms open ended core plus fund and acquires Monogram for approximately $4.4 billionJones Day advised Greystar Real Estate Partners on a number of related transactions culminating in the acquisition of Monogram Residential Trust, Inc. (a publicly traded REIT based in Plano, Texas), an owner, operator, and developer of luxury apartment communities with a significant presence in select coastal markets, in a transaction valued at approximately $4.4 billion, including the debt assumed or refinanced in connection with the transaction.
  • LaSalle acquires $7 billion Real Estate Multi-Manager business and management of €1.7 billion pan-European fund from Aviva InvestorsJones Day advised Jones Lang Lasalle Incorporated’s subsidiary LaSalle Investment Management on its agreement to acquire the entire Real Estate Multi-Manager (“REMM”) business of Aviva Investors and full ownership of the management of the Encore+ fund (“Encore+”).
  • Greystar forms joint venture between Greystar, MIRA Real Estate, part of Macquarie Infrastructure and Real Assets, and APGJones Day advised in the formation of Greystar Asia Pacific Pte. Ltd. (Greystar APAC), a Singapore joint venture between Greystar, MIRA Real Estate, part of Macquarie Infrastructure and Real Assets, and APG.
  • Henderson Park acquires iconic Westin Paris-VendomeJones Day advised Henderson Park Real Estate Fund I in connection with its €550 million (US$647 million) acquisition of the iconic Westin Paris-Vendome hotel.
  • Greystar forms real estate debt venture focused on acquiring subordinated and securitized debtJones Day advised Greystar Real Estate Partners, LLC in its $500 million real estate debt venture focused on acquiring subordinated and securitized debt issued by U.S. government-sponsored entities.
  • Orion Capital Managers has final closing of Orion European Real Estate Fund VJones Day acted as lead counsel to Orion Capital Managers, L.P. in the formation and closing of Orion European Real Estate Fund V, a €1.50 billion fund formed to make equity and equity-related investments in real estate assets, real estate loans, and real estate operating companies in Europe.
  • StepStone closes Fund III with $700 million in capital commitmentsJones Day advised StepStone Group LP in the formation and closing of its $700 million fund, StepStone Real Estate Partners III, a U.S. and Europe-focused real estate private equity fund investing in special situations and providing capital solutions to managers and operators of institution real estate portfolios.
  • TriGate Capital forms TriGate Property Partners Fund IIIJones Day advised TriGate Capital, LLC in connection with the formation of TriGate Property Partners Fund III, a $340 million real estate opportunity fund.
  • Henderson Park buys Le Méridien Etoile Hotel, the largest hotel in Paris, for €365 million (US$392 million)Jones Day advised Henderson Park Real Estate Fund I on its acquisition and first mortgage financing of Le Méridien Etoile Hotel, the largest hotel in Paris, which was sold by a partnership of Mount Kellett Capital Management and Cedar Capital Partners, for €365 million (US$392 million).
  • Meyer Bergman creates Meyer Homes affiliate, and forms joint venture to develop 14 mixed-use sites across UKJones Day represented Meyer Bergman, Ltd., in connection with the creation of its Meyer Homes affiliate, and its joint venture with Canadian and Chinese investors for the development of up to 14 sites across London, the South East of Britain, and Bath, acquired from Tesco for £250 million, which are earmarked for mixed-use properties, including as many as 10,000 homes.
  • Palestras / Aulas

    • June 7, 2012
      Jones Day Chicago 2012 MCLE University
    • May 5, 2010
      Real Estate Outlook: Navigating & Prospering in 2010
    • October 2008
      Large Fund Sponsors' Roundtable: Fund Allocation & Portfolio Management Strategies Necessary to Reach the 20% Benchmark, session chair, IMN's 9th Annual European Real Estate Opportunity & Private Fund Investing Forum
    • June 3, 2008
      Around the World in 90 Minutes: Luxembourg Fund Structuring, National Association of Real Estate Investment Managers (NAREIM) Senior Legal Officer Discussion Forum
    • November 15-16, 2005
      Single Country Funds vs. Pan European Funds vs. Global Real Estate Funds, The 6th Annual European Real Estate Opportunity and Private Fund Investing Forum, Information Management Network
    • July 25-26, 2005
      Complex Portfolio and International Investments, Non-Core Real Estate Funds Forum, Institute for International Research
    • June 1-2, 2005
      Deal structuring: What are the critical issues? - Keys to getting the best terms on your next deal and Deals that have gone bad: Why? The Sixth Annual U.S. Real Estate Opportunity & Private Fund Investing Forum, Information Management Network
    • April 27-30, 2005
      The Globalization of the REIT Industry, 16th Annual ABA Real Property Symposium
    • December 2-3, 2004
      Creating an Opportunity Fund: Legal, Tax & Accounting Considerations, The Fifth Annual European Real Estate Opportunity and Private Fund Investing Forum, Information management Network
    • June 1-2, 2004
      Structuring for Overseas Real Estate Investments, The Fifth Annual U.S. Real Estate Opportunity and Private Fund Investing Forum, Information management Network
    • November 10-11, 2003
      Real Estate Private Equity, The Fourth Annual European Real Estate Opportunity and Private Fund Investing Forum, International Management Network