An Overview of CUSHMAN & WAKEFIELD Equity, Debt .../media/inline-content/corporate/PDFs/E… ·...

An Overview ofCUSHMAN & WAKEFIELDEquity, Debt & Structured Finance

EMPLOYEES

45,000$191 Billion IN TRANSACTION VALUE

4.3 BillionSF MANAGED

COUNTRIES70

OFFICES IN MORE THAN $6 Billion IN REVENUE

Confidently Global, Expertly Local

Equity, Debt & Structured Finance

Finance Advisory

Equity Advisory

Global Hospitality

Senior Housing

Loan Sale Advisory

Our Team

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TABLE OF CONTENTS

1 | Cushman & Wakefield

EQUITY, DEBT & STRUCTURED

FINANCECushman & Wakefield Equity, Debt & Structured Finance is a leading advisor of state-of-the-art financing and equity structuring, with a demonstrated track record completing mid-market and large, complex transactions at exceptional terms.

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Equity, Debt & Structured Finance | 2

Cushman & Wakefield Equity, Debt & Structured Finance incorporates capital markets knowledge with local real estate expertise to successfully complete any type of real estate transaction. The team is headquartered in New York City and has twelve additional offices located throughout the country. Cushman & Wakefield Equity, Debt & Structured Finance is a leading commercial real estate capital intermediary and the team has executed capital markets transactions for every type of real estate asset.

OUR SERVICES

The firm provides a full range of real estate financial services, including: senior and subordinate financing, construction financing, recapitalizations, joint venture and programmatic venture equity, and loan sale advisory.

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EQUITY, DEBT & STRUCTURED

FINANCE

Equity, Debt & Structured Finance OfficesNew York, NY Atlanta, GA Boston, MA Chicago, IL Dallas, TX

East Rutherford, NJ Irvine, CA Los Angeles, CA Miami, FL Phoenix, AZ

San Diego, CA San Francisco, CA Washington, D.C.

State with EDSF Office

EDSF Office Location

3 | Cushman & Wakefield

Cushman & Wakefield Equity, Debt & Structured Finance has represented a broad array of domestic and international clients from entrepreneurs to major public enterprises. The team uses sophisticated financial analysis, solid market data, and its unparalleled network of high-level investor and lender relationships to achieve its clients’ goals.

Equity, Debt & Structured Finance | 4

5 | Cushman & Wakefield

FINANCE ADVISORY

Our deep experience with financing allows us to structure the best possible transaction and terms for our clients. We can assist in arranging highly structured financings utilizing senior and subordinate/mezzanine components, as well as traditional acquisition and renovation financing,

construction financing and permanent financing for all property types.

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590 MADISON AVENUENew York, NY

1 Million SFProceeds: $650,000,000

ONE COURT SQUARELong Island City, NY

1.5 Million SFProceeds: $315,000,000

1410 BROADWAY & 10 TIMES SQ. New York, NY

921, 866 SFProceeds: $315,000,000

EDDIE BAUER BUILDING Bellevue, WA550,000 SF

Proceeds: $220,000,000

PEACHTREE CENTERAtlanta, GA

2.5 Million SFProceeds: $182,000,000

CHASE TOWERChevy Chase, MD

245,835 SFProceeds: $107,600,000

CITY OFFICE REIT PORTFOLIONational

778,000 SFProceeds: $95,000,000

THE NAVY LEAGUE BUILDINGArlington, VA

198,865 SFProceeds: $60,000,000

CHESTNUT HILL SQUAREChestnut Hill, MA

240,800 SFProceeds: Confidential

REFINANCING

7 | Cushman & Wakefield

1301 AVE OF THE AMERICASNew York, NY

Refinancing for the 1.8-million square foot office building located in Midtown Manhattan

Proceeds: $850,000,000

Equity, Debt & Structured Finance | 8

ACQUISITION FINANCING

CANAL CENTER Alexandria, VA

538,895 SFProceeds: $143,824,000

CHARLOTTE PLAZA Charlotte, NC645,000 SF

Proceeds: $120,000,000

180 LIVINGSTON STREET Brooklyn, NY226,000 SF

Proceeds: $90,000,000

555 S. AVIATION BOULEVARD El Segundo, CA

258,000 SFProceeds: $73,000,000

VASONA TECH PORTFOLIOCampbell, CA

314,250 SFProceeds: $67,537,000

WATERFORD AT BLUE LAGOONMiami, FL

357,500 SFProceeds: $50,500,000

CARLSBAD EXECUTIVE PLAZASan Diego, CA

219,060 SFProceeds: $41,500,000

THE COLUMNS AT WHITE OAKNewnan, GA

561 UnitsProceeds: $40,650,000

STONE MOUNTAIN INDUSTRIAL Atlanta, GA

4.5 Million SF Proceeds: Confidential

9 | Cushman & Wakefield

NOVO NORDISK NA HEADQUARTERSPrinceton, NJ

Acquisition financing for the nine interconnected Class A buildings totaling 762,000 square feet

Proceeds: $207,880,000

Equity, Debt & Structured Finance | 10

CONSTRUCTION FINANCING

180 WATER STREET New York, NY

565 UnitsProceeds: $240,000,000

KA MAKANA ALI’IOahu, HI

730,000 SFFinancing: $167,015,000

67 WHIPPANYWhippany, NJ

185,000 SFProceeds: $54,000,000

CHESTNUT STREETPhiladelphia, PA

190,360 SFFinancing: $52,023,000

1215 CHURCH STREETNashville, TN

367 UnitsProceeds: $51,000,000

8621 GEORGIA AVESilver Spring, MD

292 UnitsProceeds: $53,000,000

VILLAGE GREEN ON THE PARK Roselle, NJ932 Units

Proceeds: $47,200,000

WATERMARK COURT SQUARELong Island City, NY

150 UnitsFinancing: $38,000,000

OLMSTED CHAMBLEEChamblee, GA

283 UnitsProceeds: $34,900,000

11 | Cushman & Wakefield

LINCOLN SQUAREBellevue, WA

Construction financing for the Lincoln Square Expansion project, the 1.5-million square foot

expansion of the Bellevue Collection

Proceeds: $526,000,000

Equity, Debt & Structured Finance | 12

13 | Cushman & Wakefield

EQUITY ADVISORY

Our global platform grants us access to unique capital sources, making us a leading advisor in raising and structuring equity capital. Our team has an extensive track record of working with clients to arrange joint venture equity, programmatic equity investments and entity level investments.

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EQUITY ADVISORY & SALES

2 HERALD SQUARENew York, NY365,000 SF

Sale of Leased Fee InterestProceeds: $365,000,000

635 MADISON AVENUENew York, NY

176,530 SFSale of Leased Fee Interest

Proceeds: $145,000,000

WEST 125TH STREETNew York, NY425,000 SF

Equity CapitalizationProceeds: $130,000,000

RAMBLEWOOD APARTMENTSGrand Rapids, MI

1,710 UnitsJoint Venture Equity

Proceeds: $108,122,000

KA MAKANA ALI’IOahu, HI

730,000 SFJoint Venture Equity

Proceeds: $68,800,000

THE LOFTS AT MERCHANT ROWQuincy, MA

3.5M SFJoint Venture Equity

Proceeds: $55,800,000

WATERMARK COURT SQUARELong Island City, NY

150 UnitsDevelopment Equity

Proceeds: $25,600,000

YOO ON THE PARK Atlanta, GA245 Units

Joint Venture Equity & Construction Financing

LONE PEAK CENTERDraper, UT

450,000 SFJoint Venture Equity & Acquisition Financing

15 | Cushman & Wakefield

1633 BROADWAYNew York, NY

Common and preferred equity for the recapitalization of the 48-story, 2.6-million square

foot iconic office and retail building

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ONE COURT SQUARELong Island City, NY

1.5 Million SFPreferred Equity

Proceeds: $125,000,000

338-342 N. RODEO DRIVEBeverly Hills, CA

20,700 SFPref. Equity & Mezzanine Debt

Proceeds: $120,200,000

MIRACLE MILE SHOPSLas Vegas, NV

770,000 SFPreferred Equity

Proceeds: $100,000,000

PREFERRED EQUITY & MEZZANINE FINANCING

590 FIFTH AVENUE New York, NY100,000 SF

Mezzanine FinancingProceeds: $37,500,000

BELLEVUE PLACE OFFICE BLDG.Bellevue, WA500,000 SF

Mezzanine FinancingProceeds: $90,000,000

17 | Cushman & Wakefield

50 WEST STREETNew York, NY

Equity for the development of a 63-story, 475,000-square foot glass condominium

tower in Lower Manhattan

Proceeds: $127,500,000

Equity, Debt & Structured Finance | 18

PROGRAMMATIC EQUITY VENTURES

L&L HOLDING COMPANYProceeds: $285,000,000

HAMMES COMPANYProceeds: $200,000,000

THE DERMOT COMPANY Proceeds: $150,000,000

PEAK CAPITAL PARTNERSProceeds: $150,000,000

THE CLARETT GROUP Proceeds: $150,000,000

MADISON CAPITAL Proceeds: $90,000,000

19 | Cushman & Wakefield

GMH CAPITAL PARTNERS

Programmatic joint venture with Principal Real Estate Investors to pursue student

housing investment opportunities

Total Value: $600,000,000

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21 | Cushman & Wakefield

GLOBAL HOSPITALITY

Cushman & Wakefield Equity, Debt & Structured Finance Global Hospitality is the premier capital markets provider to the hospitality industry. The group provides a full range of services in financing, equity structuring, investment sales, and hotel advisory.

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SELECT HOSPITALITY TRANSACTIONS

THE WESTIN HOTEL

Bellevue, WAFinancing: $110,000,000

MARRIOTT BROOKLYN BRIDGEBrooklyn, NY

Financing: $100,000,000

NYLO HOTEL PORTFOLIOTexas & Rhode Island

Sale: $82,000,000

HOTEL 48LEXNew York, NY

Financing: $71,000,000

FOUR POINTS BY SHERATONLos Angeles, CA

Sale: $56,000,000

FREMONT MARRIOTTFremont, CA

Sale: $50,000,000Financing: $37,500,000

NOPSI HOTELNew Orleans, LA

Financing; $45,500,000

RENAISSANCE DENVER HOTELDenver, CO

Financing; $39,850,000

HOTEL BEDFORDNew York, NY

Financing: $34,500,000

23 | Cushman & Wakefield

7-HOTEL PORTFOLIONew York, NY

Recapitalization of seven hotel assets, totaling 1,087 keys, located in the Times Square and Lower

Manhattan submarkets

Proceeds: $571,400,000

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25 | Cushman & Wakefield

SENIOR HOUSING

Cushman & Wakefield Equity, Debt & Structured Finance provides capital markets expertise to healthcare sectors including independent and assisted living communities, skilled nursing facilities, continuing care retirement communities, surgical centers, medical office buildings and specialty care facilities. Our team has an extensive track record of working with clients to arrange debt financing, joint venture equity, programmatic equity investments, entity level investments, and investment sales.

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SELECT SENIOR HOUSING TRANSACTIONS

LCB SENIOR LIVINGNational

Proceeds: $393,065,169

WYNDEMERE Wheaton, IL

Sale: $69,500,000Financing: $48,650,000

STONERIDGEMystic, CT

Sale: $64,600,000Financing: $43,300,000

THE HERITAGE AT BRENTWOODBrentwood, TN

Sale: $67,500,000

NEWCASTLE PLACEMequon, WI

Sale: $61,900,000Financing: $40,235,000

JACARANDA TRACEVenice, FL

Financing: $52,000,000

PEACHTREE HILLS PLACE Atlanta, GA

JV Equity: $40,000,000

MONARCH HOMESWoburn, MA & Weymouth, MA

Sale: $29,500,000 Financing: $20,000,000

THUNDERBIRD SENIOR LIVING Glendale, AZ

Sale: $26,750,000 Financing: $21,200,000

27 | Cushman & Wakefield

MERRILL GARDENS WEST COAST COLLECTION

California & Washington

Sale and acquisition financing for the 363-unit senior housing portfolio comprised of independent and assisted living, as well as memory care services

Equity, Debt & Structured Finance | 28

29 | Cushman & Wakefield

LOAN SALE ADVISORY

Cushman & Wakefield Loan Sale Advisory has been active in the market for more than 20 years. The team advises lenders on their note sales by leveraging our origination platform and global footprint across all service lines to optimize results.

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SELECT LOAN SALE TRANSACTIONS

1166 AVENUE OF THE AMERICASNew York, NY

560,925 SFJunior Mezzanine Note Sale

Proceeds: $61,500,000

LONGHOUSE PORTFOLIONational

40 Hotel AssetsFirst Mezzanine Note SaleProceeds: $35,000,000

408-410 BROADWAYNew York, NY

75,100 SFNote Sale

Proceeds: $30,000,000

510 MADISON AVENUE New York, NY355,000 SF

Junior Mezzanine Note SaleProceeds: $22,500,000

31 | Cushman & Wakefield

80 BROAD STREETNew York, NY

Sale of the $75 million loan, secured by the 410,000 square foot office building

Proceeds: $75,000,000

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33 | Cushman & Wakefield

OUR TEAM

As the premier financial advisor to the commercial real estate industry, Cushman & Wakefield Equity, Debt & Structured Finance delivers creative solutions tailored to your needs. With experienced professionals located throughout the country, our highly skilled team is here to help you achieve your objectives.

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New York

STEVEN KOHNVice Chairman & President, EDSF steven.kohn@cushwake.com

DAVE KARSONExec. Managing Directordave.karson@cushwake.com

GIDEON GILExecutive Directorgideon.gil@cushwake.com

JOHN ALASCIO Executive Directorjohn.alascio@cushwake.com

ALEX HERNANDEZExecutive Directoralex.hernandez@cushwake.com

MARK EHLINGERManaging Directormark.ehlinger@cushwake.com

Miami

ROBERT KAPLAN Exec. Managing Directorrobert.kaplan@cushwake.com

CHRIS LENTZSr. Directorchris.lentz@cushwake.com

JASON HOCHMANSr. Directorjason.hochman@cushwake.com

MARK RUTHERFORDSr. Financial Analystmark.rutherford@cushwake.com

San Diego

GARY GOSSSr. Vice Presidentgary.goss@cushwake.com

BEN SCHWARTZCapital Marketsben.schwartz@cushwake.com

Atlanta

MIKE RYANExecutive Directormichael.ryan@cushwake.com

BRIAN LINNIHANManaging Directorbrian.linnihan@cushwake.com

TELLY FATHALYSr. Directortelly.fathaly@cushwake.com

Dallas

BETH LAMBERTExec. Managing Directorbeth.lambert@cushwake.com

JASON PUMPELLYManaging Directorjason.pumpelly@cushwake.com

DIEGO ARROYAVESr. Vice Presidentdiego.arroyave@cushwake.com

JUSTIN SHUARTDirectorjustin.shuart@cushwake.com

BRIAN PARKDirectorbrian.park@cushwake.com

Boston

TOM SULLIVANExecutive Directortom.sullivan@cushwake.com

Chicago

JEFFREY COHENDirectorjs.cohen@cushwake.com

OUR TEAM

Phoenix

ANN MCCARTNEYManaging Directorann.mccartney@cushwake.com

GREG VALLADAOManaging Directorgreg.valladao@cushwake.com

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Global Hospitality

TOM MCCONNELL (NY)Exec. Managing Director tom.mcconnell@cushwake.com

JARED KELSO (NY)Executive Directorjared.kelso@cushwake.com

DANIEL MACDONNELL (LA)Managing Directordaniel.macdonnell@cushwake.com

Washington, D.C.

JOHN CAMPANELLA Exec. Managing Director john.campanella@cushwake.com

PHILIP MUDD Exec. Managing Director philip.mudd@cushwake.com

JUSTIN GLASGOW Sr. Managing Directorjustin.glasgow@cushwake.com

MARSHALL SCALLAN Managing Directormarshall.scallan@cushwake.com

BRADLEY GEIGERSr. Vice Presidentbradley.geiger@cushwake.com

San Francisco

TERRY DALYExec. Managing Directorterry.daly@cushwake.com

KURT SCHEIDTManaging Directorkurt.scheidt@cushwake.com

MARK ROOTManaging Directormark.root@cushwake.com

Senior Housing

RICHARD B. SWARTZ (BOS)Exec. Managing Directorrichard.swartz@cushwake.com

JAY WAGNER (BOS)Executive Directorjay.wagner@cushwake.com

AARON ROSENZWEIG (CA)Senior Directoraaron.rosenzweig@cushwake.com

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EQUITY, DEBT & STRUCTURED FINANCENEW YORK 1290 Avenue of Americas, 8th FloorNew York, NY 10104212.841.9200

LOS ANGELES 10250 Constellation Boulevard, Suite 2200Los Angeles, CA 90067310.556.1805

ATLANTA 171 17th Street NW, Suite 1400Atlanta, GA 30363404.682.3400

MIAMI200 South Biscayne Blvd, Suite 2800Miami, FL 33131305-371-4411

BOSTON 225 Franklin Street, Suite 300Boston, MA 02110617.330.6966

PHOENIX 2555 East Camelback Road, Suite 300Phoenix, AZ 85016602.253.7900

CHICAGO 200 S. Wacker Drive, Suite 2800Chicago, IL 60606312.470.1800

SAN DIEGO4747 Executive Drive, 9th FloorSan Diego, CA 92121858.452.6500

DALLAS2021 McKinney Avenue, Suite 900Dallas, TX 75201972.663.9600

SAN FRANCISCO425 Market Street, Suite 2300San Francisco, CA 94105415.397.1700

EAST RUTHERFORDOne Meadowlands Plaza, 7th FloorEast Rutherford, NJ 07073201.935.4000

WASHINGTON, D.C.2001 K Street, NW, Suite 700Washington, D.C. 20006202.467.0600

IRVINE2020 Main Street, Suite 1000 Irvine, CA 92614 949.474.4004