TitoEscobar

Of Counsel

New York + 1.212.326.3891

Tito Escobar represents clients nationwide in connection with the development and financing of commercial real estate transactions. His practice includes advising equity investors, conventional and leverage lenders, and community development entities that deploy capital through secured and unsecured transactions. In addition to advising capital providers, he has experience representing real estate developers, nonprofit organizations, and real estate investment trusts in connection with the development of real estate projects nationally. Tito also counsels landlords, tenants, purchasers, and sellers in connection with leasing, acquisition, and disposition matters.

Tito has extensive experience in the area of community finance and assists clients with syndicated loan, tax credit, taxable, and tax-exempt bond structures used to develop housing, health care, educational, and various other community oriented facilities. Spanning nearly 10 years, Tito has worked on close to 100 community finance transactions dating back to his time with the Harrison Institute for Housing & Community Development at Georgetown University Law Center. He has significant experience working with and negotiating across local, state, and federal agencies providing subordinate loans, tax, and other financial incentives used to stimulate community development efforts.

Tito's practice also includes negotiating and structuring joint ventures and commercial loans used to develop commercial real estate such as market rate residential complexes, shopping centers, hotels, parking structures, and mixed-used developments.

Tito has worked with clients such as Santander, Capital One, JPMorgan Chase Bank, Wells Fargo Bank, the Low Income Investment Fund, and Bronx Pro Group.

Erfahrung

  • Sanofi to separate its consumer healthcare business, OpellaJones Day is acting as securities law counsel to Sanofi in the separation of Opella, its consumer healthcare business, and the announced sale of a 50% controlling stake.
  • Wells Fargo provides $240 million syndicated, senior-secured construction loan for 685-unit residential building in downtown Los Angeles, CaliforniaJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $240 million syndicated, senior secured construction loan for the construction of a multi-family residential building containing 685 units located in downtown Los Angeles, California.
  • Major financial institution provides $150 million term loan facility secured by state of art cancer treatment center in New York CityJones Day represented a major financial institution, as administrative agent, in connection with a $150 million term loan facility secured by a state of the art cancer treatment center located in New York City.
  • Wells Fargo-led syndicate provides $3 billion "Green Loan" revolver secured by eight data center propertiesJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, and Wells Fargo Securities, LLC, as arranger and green loan coordinator, in connection with a $3 billion syndicated revolving credit facility, the proceeds of which are to be used consistent with Green Loan Principles and secured by eight data center properties across Arizona, Georgia, Nevada, Texas, Virginia, and Washington.
  • Morgan Stanley Capital Partners acquires Resource Innovations, Inc.Jones Day advised Morgan Stanley Capital Partners in its acquisition and financing of Resource Innovations, Inc. (RI), a leading tech-enabled services company focused on energy efficiency and sustainability.
  • Wells Fargo and syndicate of lenders provide $600 million secured construction loan facility to industry-leading data center operatorJones Day represented Wells Fargo Bank, National Association, as administrative agent and a lender, and Wells Fargo Securities, LLC, as left lead arranger, in connection with the modification and $300 million upsize to an existing $300 million senior secured construction loan secured by a to-be-constructed data center buildings located in Goodyear, Arizona.
  • Wells Fargo amends and restates $650 million senior secured revolving credit facility for publicly traded real estate investment trustJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the amendment and restatement of a $650 million senior secured revolving credit facility for a publicly traded real estate investment trust.
  • Wells Fargo and syndicate of lenders provide $300 million secured construction loan facility to industry-leading data center operatorJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, and Wells Fargo Securities, LLC, as left lead arranger, in connection with a $300 million senior secured construction loan secured by a to-be-constructed data center building located in Goodyear, Arizona.
  • Banco Santander provides $105.98 million to nonprofit real estate developer to finance two phases of residential projectJones Day represented Banco Santander, as senior lender and as construction lender, in connection with a $105.98 million loan transaction to a nonprofit real estate developer to finance two phases of a 223 unit residential project, including 132 affordable housing units.
  • Wells Fargo upsizes its existing secured construction loan for data center provider to $280 millionJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, and Wells Fargo Securities, LLC, as sole lead arranger, in connection with the syndication and upsize to $280 million of an existing secured construction loan provided to a data center provider.
  • Wells Fargo provides $108 million term loan facility secured by four multifamily properties in Florida, California, and UtahJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $108 million term loan facility secured by four multifamily properties in Florida, California, and Utah.
  • Wells Fargo provides $475 million senior loan facility secured by portfolio of 12 multifamily properties across multiple statesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the origination of a $475 million senior loan facility secured by 12 multifamily properties across Arizona, California, and Illinois.
  • Wells Fargo provides $832 million revolver and term loan facility secured by portfolio of 12 multifamily properties across multiple statesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $832 million revolver and term loan facility secured by 12 multifamily properties across Georgia, Tennessee, South Carolina, Massachusetts, and Florida.
  • Mill Creek Residential sells Modera TampaJones Day advised Mill Creek Residential in the $124.67 million sale of Modera Tampa to RXR Realty.
  • Wells Fargo provides $705 million revolver and term loan facility secured by portfolio of 12 multifamily properties across multiple statesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $705 million revolver and term loan facility secured by 12 multifamily properties across Georgia, North Carolina, South Carolina, Kansas, Florida, Colorado, and Nevada.
  • Wells Fargo provides $627 million term loan facility secured by portfolio of 10 multifamily properties across multiple statesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the origination of a $627 million term loan facility secured by 10 multifamily properties across Texas, North Carolina, South Carolina, and Florida.
  • Wells Fargo provides $982 million revolver and term loan facility secured by portfolio of approximately 100 industrial propertiesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the modification and upsize of a $982 million revolver and term loan facility secured by more than 100 industrial properties in multiple jurisdictions across the U.S., including Minnesota, Nevada, Texas, California, Pennsylvania, and Colorado.
  • Wells Fargo provides $690 million revolver and term loan facility secured by portfolio of approximately 40 industrial propertiesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the modification and upsize of a $690 million revolver and term loan facility secured by more than 40 industrial properties in multiple jurisdictions across the U.S.
  • Wells Fargo provides $550 million revolver and term loan facility secured by portfolio of approximately 36 industrial propertiesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $550 million revolver and term loan facility secured by approximately 36 industrial properties in multiple jurisdictions across the U.S.
  • China Orient Asset Management provides financing for luxury condominium building in lower ManhattanJones Day advised China Orient Asset Management (International) Holdings Limited (“COAMI”) in connection with a junior mezzanine loan secured by a majority membership interest in a real estate joint venture (the “Venture”).