Mark A.Biggar

Partner

Cleveland + 1.216.586.7023

Mark Biggar's practice focuses on real estate finance, representing private capital providers, debt funds, national banks, and other financial institutions in the origination, workout, and restructuring of complex real estate loans — secured and unsecured.

Clients for which Mark regularly works include private credit funds and national banking institutions.

Mark is an active community member and outdoorsman, sitting on the board of Urban Squash Cleveland and the Ohio Advisory Board of the Trust for Public Land.

Erfahrung

  • Large financial institution arranges $1.85 billion multicurrency credit facility for real estate investment fundJones Day represented a large financial institution, as administrative agent, in connection with a $1.85 billion unsecured credit facility, consisting of a US$825 million revolving credit facility, a CA$175 million alternative currency revolving credit facility, and a US$850 million term loan facility, provided to a real estate investment fund.
  • Royal Bank of Canada provides $115 million term loan secured by multifamily apartment community in Fort Lauderdale, FloridaJones Day represented the Royal Bank of Canada, as lender, in connection with a $115 million term loan secured by a multifamily apartment community located in Fort Lauderdale, Florida.
  • Wells Fargo amends and restates $450 million senior secured revolving credit facilityJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, and Wells Fargo Securities, LLC, as arranger, in connection with the amendment and restatement of a $450 million senior secured revolving credit facility to a global real estate development company.
  • Wells Fargo provides $300 million syndicated revolving credit facility to national owner/operator of marina facilitiesJones Day represented Wells Fargo Bank, National Association, as administrative agent, left lead arranger, and lender, and another financial institution, as a joint lead arranger and a lender, in connection with a $300 million syndicated, pledge-secured, revolving credit facility provided to a national owner/operator of marina facilities.
  • Large financial institution increases term loan secured by two hotel properties located in Knoxville, TennesseeJones Day represented a large financial institution, as administrative agent, in connection with an amendment to increase a term loan secured by two hotels consisting of 384 units located in Knoxville, Tennessee.
  • Leading financial services company completes work out of past-due term loan secured by California office propertyJones Day represented a leading financial services company, as administrative agent, in connection with the work out of a past-due term loan secured by a California office property.
  • Financial institution provides $84.2 million term loan secured by two multifamily properties located in Ventura County, CaliforniaJones Day represented a national financial institution, as lender, in connection with a $84.2 million term loan secured by two multifamily properties consisting of 409 residential units located in Ventura County, California.
  • Wells Fargo provides $56.495 million term loanJones Day represented Wells Fargo Bank, National Association, as lender, in connection with a $56.495 million term loan secured by a 603-unit multifamily complex located outside Dallas, Texas.
  • Financial institution provides $150 million revolving line of credit secured by portfolio of five apartment complexesJones Day represented a financial institution in connection with a $150 million revolving line of credit secured by five apartment complexes located in Arizona, Texas, Utah, and Washington.
  • Leading financial services company provides $76.88 million term loan secured by student housing project in Flagstaff, AZJones Day represented a leading financial services company, as administrative agent and lender, in connection with a $76.88 million term loan secured by a student housing project located in Flagstaff, AZ.
  • Financial institution provides $135 million term loan secured by 675-unit multifamily apartment complex located in Aliso Viejo, CaliforniaJones Day represented a financial institution, as administrative agent and lead lender, in connection with a $135 million term loan secured by a multi-family apartment complex comprised of 675 units located in Aliso Viejo, California.
  • Wells Fargo provides $137 million syndicated term loan secured by hotel and theme tower in Dallas, TexasJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, in connection with a $137 million syndicated term loan secured by a hotel and theme tower located in Dallas, Texas.
  • RBC Real Estate Capital Corporation and lenders provide $750 million loan secured by leasehold interest in Boston, MassachusettsJones Day represented RBC Real Estate Capital Corp., a subsidiary of the Royal Bank of Canada, in connection with a $750 million construction loan to lease and develop a ground-up mixed-use development comprised of a lab component with approximately 529,000 net rentable square feet, a multifamily component with approximately 343 rental units, and a hotel component with approximately 246 rooms and 83,000 net rentable square feet.
  • Wells Fargo provides $45 million term loan secured by property located in Tampa, FloridaJones Day represented Wells Fargo Bank, National Association in connection with a $45 million term loan secured by property located in Tampa, Florida.
  • Wells Fargo provides construction loan secured by two industrial buildings located outside of Las Vegas, NevadaJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, in connection with a construction loan secured by two industrial buildings located outside of Las Vegas, Nevada, totaling approximately 107,135 square feet in the aggregate.
  • Wells Fargo refinances $1.225 billion unsecured credit facilityJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection the refinancing of a $1.225 billion unsecured credit facility, inclusive of a $600 million revolving credit facility, a new $225 million tranche A-1 term loan facility, and an existing $400 million tranche A-2 term loan facility for a publicly traded real estate investment trust.
  • Financial institution provides term loan secured by apartment building located outside San Francisco, CaliforniaJones Day represented a financial institution in connection with a term loan secured by a 90-unit apartment building located outside San Francisco, California.
  • Wells Fargo provides construction loan secured by six industrial buildings located outside of Las Vegas, NevadaJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, in connection with a construction loan secured by six industrial buildings located outside of Las Vegas, Nevada, totaling approximately 506,450 square feet in the aggregate.
  • Citizens Bank provides $87.99 million construction loan secured by property located in Maricopa County, ArizonaJones Day represented Citizens Bank, N.A., as administrative agent, in connection with a $87.99 million construction loan secured by property located in Maricopa County, Arizona.
  • Wells Fargo provides $165 million senior loan secured by 500-room hotel and resort property in San Antonio, TexasJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $165 million senior loan secured by a 500-room hotel and resort property located in San Antonio, Texas.