John K.Tomes

Associate

Atlanta + 1.404.581.8138

John Tomes advises clients on all aspects of complex commercial real estate transactions. He is experienced in financing and refinancing on behalf of national and regional lenders, acquisitions and dispositions, joint ventures, and leasing of commercial real estate throughout the United States.

John's experience representing lenders includes real estate secured lending for multifamily, homebuilder, health care, and retail ventures. His recent transactions on behalf of lenders include $210 million and $80 million construction loans secured by a to-be-constructed mixed-use development in Midtown Atlanta, senior bridge loans totaling approximately $215 million secured by three seniors housing facilities in California and Texas, and an $87.5 million first lien credit facility for a Florida homebuilder.

John also advises real estate developers and real estate investment funds in connection with joint ventures, financing, general real property matters, and acquisitions and dispositions related to health care, industrial, student housing, office, and retail projects. He recently assisted clients in the $500 million forward sale of a portfolio of 10 last-mile fulfillment centers throughout the United States and the refinancing of a portfolio of student housing facilities in California.

John also regularly handles real property aspects of corporate transactions, including mergers and acquisitions, and advises real estate companies on corporate matters.

Experiencia

  • Corpay sells merchant solutions business to PDI TechnologiesJones Day advised Corpay, Inc. in the sale by its subsidiary, Comdata, Inc., of Comdata's point of sale merchant solutions business to PDI Technologies, Inc.
  • Verizon agrees to $3.3 billion tower prepaid lease transaction with Vertical BridgeJones Day is advising Verizon Communications, Inc. in a prepaid lease transaction with Vertical Bridge REIT LLC. In connection with the transaction, Vertical Bridge will obtain the exclusive rights to lease, operate and manage more than 6,000 wireless communications towers across all 50 states and Washington, D.C. from subsidiaries of Verizon for a total value of approximately $3.3 billion, including certain commercial benefits. The transaction is structured as a prepaid lease with upfront proceeds of approximately $2.8 billion in cash.
  • SFG West Point extends construction loan for industrial facility in West Point, GeorgiaJones Day represented SFG West Point, LLC, an affiliate of Stonemont Financial Group, in connection with an extension of its construction loan for an industrial facility in West Point, Georgia.
  • Henderson Park acquires Arizona Biltmore for $705 millionJones Day represented Henderson Park Capital Partners in the acquisition and financing of the Arizona Biltmore, a LXR Hotel & Resort, for a purchase price of $705 million.
  • Angelos Family agrees to sell control stake in Baltimore Orioles to Baltimore native David RubensteinJones Day advised the Baltimore Orioles in connection with the sale of a controlling interest in the Orioles to a diverse investor group led by David Rubenstein that includes Michael Arougheti, Mitchell Goldstein, Michael Smith, and Maryland leaders, philanthropists, and sports legends.
  • Stonemont Financial finances and forms JV for North Carolina acquisitionJones Day advised an affiliate of Stonemont Financial Group in connection with the financing and formation of a joint venture to acquire a 151,000 square-foot manufacturing and distribution facility in Cary, North Carolina, which was leased to a leading food-manufacturer at closing.
  • Leading financial services company provides $600 million syndicated senior secured credit facility to national skilled nursing facilities companyJones Day represented a leading financial services company, as left lead arranger and administrative agent, in connection with a $600 million syndicated senior secured revolving credit facility provided to a national skilled nursing facilities company.
  • Blue Flag Capital acquires Snake River Lodge and SpaJones Day advised Blue Flag Capital in the acquisition and financing of the Snake River Lodge and Spa, a 93-key hotel and spa located in Teton Village, Wyoming, by a vehicle managed by Blue Flag Capital.
  • Leading financial services company provides $380 million syndicated senior secured credit facility to global supplier of technologies for security, healthcare, and other industrial end-marketsJones Day represented a leading financial services company, as left lead arranger and administrative agent, in connection with a $380 million syndicated senior secured credit facility, consisting of a $340 million term loan and a $40 million revolving credit facility, provided to a leading global supplier of advanced imaging, power, and motion control technologies for security, healthcare, and other industrial end-markets.
  • Wells Fargo amends and restates credit facility to publicly traded homebuilderJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with the amendment, restatement, and increase of a credit facility to a publicly traded homebuilder.
  • Leading financial services company provides $425 million syndicated senior secured credit facility to healthcare companyJones Day represented a leading financial services company, as left lead arranger and administrative agent, in connection with a $425 million syndicated senior secured credit facility, consisting of a $275 million term loan and a $150 million revolving credit facility, provided to a healthcare company.
  • Wells Fargo provides construction revolver for vertical construction of 404-unit development in San Ramon, CaliforniaJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a construction revolver for the vertical construction of a 404-unit development by a homebuilder in San Ramon, California.
  • Wells Fargo provides $87.5 million senior secured credit facility to Florida homebuilderJones Day represented Wells Fargo Bank, National Association, as administrative agent and lender, and Wells Fargo Securities LLC, as syndication agent, in connection with a $87.5 million senior secured credit facility provided to a Florida homebuilder.
  • Stonemont acquires industrial facility in West Jefferson, OhioJones Day advised Stonemont Financial Group, LLC in the acquisition and financing of a 1,090,000-square-foot spec industrial facility in West Jefferson, Ohio.
  • Stonemont Financial Group obtains $51.3 million construction loanJones Day represented Stonemont Financial Group in connection with a $51.3 million construction loan secured by an industrial facility located in Tennessee and Kentucky.
  • Wells Fargo provides $370 million syndicated loan secured by 30 limited-service hotelsJones Day represented Wells Fargo Bank, National Association, as administrative agent, and Wells Fargo Securities, LLC, as left lead arranger and sole bookrunner, in connection with a $370 million syndicated senior loan secured by 30 limited-service hotels located across 17 states.
  • Stonemont Financial Group obtains $50 million construction loan for expansion and interior improvements to existing industrial buildingJones Day represented Stonemont Financial Group, LLC in connection with a $50 million construction loan for the construction of approximately 73,500-square-foot expansion and interior improvements to an existing 192,000-square-foot industrial building.
  • PTTGC acquires allnex from AdventJones Day advised PTT Global Chemical Public Company Limited in the €4 billion acquisition of allnex Holding GmbH from Advent International.
  • Gray Television acquires Third Rail StudiosJones Day advised Gray Television, Inc. in the acquisition of Third Rail Studios in Doraville, Georgia, a movie and television production facility, from The Integral Group.
  • Stonemont Financial Group affiliate obtains acquisition and construction financing of build-to-suit manufacturing and distribution facility in West Point, GeorgiaJones Day represented an affiliate of Stonemont Financial Group in connection with the acquisition and construction financing of a build-to-suit manufacturing and distribution facility in West Point, Georgia.