Adam Hirst

Lender-Side Financings

• Represented lenders in the origination and syndication of a $500 million mortgage and mezzanine financing secured by an office property in California.
• Represented insurance companies and institutional investors in construction and development financings for data center projects throughout the United States, including a multibillion-dollar data center campus in Louisiana.
• Represented lenders in acquisition and redevelopment financings ranging from $120 million to $260 million and secured by multifamily, retail, office, mixed-use and hotel properties in Arizona, California, Nevada and New York.
• Represented an owner-operator in obtaining a $100 million mezzanine financing for the acquisition of a national affordable housing portfolio.
• Represented lenders in financings secured by office condominiums, multifamily buildings and commercial condominium units in New York.

Restructurings and Workouts

• Represented lenders and borrowers in pre-negotiation agreements, forbearance agreements, loan modifications, workouts and foreclosures.
• Represented an owner in the recapitalization of a distressed office building in Midtown Manhattan.
• Represented a lender in an approximately $100 million loan sale and related deed-in-lieu of foreclosure transaction.
• Represented lenders in multiple deeds in lieu of foreclosure and UCC foreclosures throughout the United States.
• Represented owners and operators in acquiring distressed loans and pursuing related UCC foreclosures and litigation.

Joint Ventures, Borrower-Side Financings, Acquisitions and Dispositions

• Represented private equity firms and developers in forming multiparty and multitiered joint ventures for the acquisition, financing and development of apartment complexes in North Carolina and Illinois.
• Represented a private equity firm in forming a multiparty, multitiered joint venture for the conversion and redevelopment of a New York City property into retail and residential condominiums.
• Represented private equity firms in joint venture partner buyouts and the restructuring and recapitalization of joint ventures involving individual properties and a life sciences portfolio.
• Represented developers in establishing programmatic joint ventures for the acquisition and development of multifamily housing in the Southeast and multiple real estate asset classes in the Northeast.
• Represented a developer in the construction financing and joint venture formation for a mixed-use building in Midtown Manhattan.
• Represented an owner-operator in the sale of a portfolio of properties in New York City.
• Represented a developer in the acquisition, recapitalization and financing of retail and office condominium units in New York.
• Represented an owner-operator in structuring a joint venture for the acquisition of a multifamily property in Georgia.
• Represented a joint venture as borrower in numerous mortgage and mezzanine financings secured by retail and office properties in the New York area.
• Represented an alternative asset manager in forming a joint venture with an insurance company to establish an affiliated reinsurance entity that originates mortgage loans, mezzanine loans and preferred equity investments throughout the United States.
• Represented a developer in structuring a joint venture and tenancy-in-common arrangement involving an office property in California.

Structured Financing

• Represented a seller in connection with a $100 million master repurchase facility.
• Represented borrowers in financings ranging from $70 million to $100 million and secured by mortgage servicing rights, including related pass-through leverage arrangements.
• Represented financial institutions in numerous securitization and investment fund transactions.
• Represented a sponsor in establishing numerous revolving lines of credit.

Leasing and Property Management

• Represented an owner in restructuring the management of its property portfolio.
• Represented a tenant in a lease at the Solow Building.
• Represented a tenant in a large office lease for a building located in SoHo.

*Some of these representations were handled by Adam prior to joining Haynes Boone.

• Named in The Legal 500 US in Land Use/Zoning, published by Legalease Ltd. and John Pritchard, 2024