Represented Developer in Foreclosure Auction of DC Office Building
Represented a Boston-based real estate developer as substitute trustee in connection with the foreclosure auction of a prominent 12-story office building in Northwest Washington, D.C. The engagement evolved from a local-counsel role into lead-counsel representation, with expanded scope of work expected in connection with the property going forward.
Represented University in Acquisition of DC Office Building
Represented a major university in its $31 million acquisition of a distressed office building in Northwest Washington, D.C., structured as a loan sale followed immediately by a deed in lieu of foreclosure. The agreement was structured to allow the buyer to exit the transaction at no risk if a clear path to ownership did not emerge and to avoid bankruptcy and similar risks, ultimately resulting in successful acquisition of the property.
