Lisa M.Spelhaug

Counsel

芝加哥 + 1.312.269.4196

Lisa Spelhaug has almost 20 years of experience representing borrowers, bank groups, and individual lenders in a wide variety of commercial real estate financings in jurisdictions across the United States. Her experience includes construction, multifamily, SFR (single-family residential investment portfolios), industrial, senior housing, hospitality, and office financings. The various transactions she has worked on have included participations, syndications, and repurchases of commercial mortgage loans; complex capital structures; and mortgage loans with multiple levels of mezzanine financing. Lisa also has significant experience on the workout of troubled real estate loans, including discounted payoffs, deficiency notes, debt for equity swaps, transfers in lieu of foreclosure, and other settlement structures.

In addition to her real estate finance experience, Lisa has a substantial amount of experience representing developers and other clients in commercial leasing, acquisitions and dispositions, and sale-leasebacks. She also has represented nonprofit clients in property acquisitions and financing and leasing transactions.

執業經驗

  • 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.
  • Invitation Homes completes $650 million acquisition of single-family rental home portfolioJones Day represented Invitation Homes (NYSE: INVH), as buyer, in connection with its portfolio acquisition of nearly 1,900 single-family rental homes for a purchase price of approximately $650 million.
  • TriGate obtains financing for acquisition of open-air retail destination in North Tampa, FloridaJones Day represented TriGate Capital, LLC in connection with a loan to finance the acquisition of an open-air retail destination in North Tampa, Florida.
  • J.F. Lehman & Company backed NorthStar Group acquires Trans Ash Inc.Jones Day advised NorthStar Group, a portfolio company of J.F. Lehman & Company, in the acquisition and financing of Trans Ash Inc., a leading provider of coal ash (or coal combustion residuals) services to utilities customers across North America.
  • J.F. Lehman & Company acquires USA EnvironmentJones Day advised J.F. Lehman & Company in the acquisition by portfolio company, ENTACT, LLC, of USA Environment, LP and its affiliates.
  • Wells Fargo provides $153 million secured term loan facility to purchase and refinance student housing property located at Virginia Tech UniversityJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $153 million syndicated senior secured term loan facility provided to purchase and refinance a student housing property containing over 1500 beds located at Virginia Tech University.
  • Henderson Park acquires D.C. Mandarin OrientalJones Day represented Henderson Park Capital Partners in its joint venture with Salamander Hospitality, LLC and the joint venture's $139 million acquisition and financing of the D.C. Mandarin Oriental, a 373-room luxury hotel located in the Southwest waterfront area of Washington D.C. 
  • Wells Fargo provides $36 million term loan to refinance residential building in Ann Arbor, MichiganJones Day represented Wells Fargo Bank, National Association in connection with a $36 million term loan to refinance a 167-unit multifamily residential building located in Ann Arbor, Michigan.
  • Wells Fargo provides $225.5 million term loan facility secured by mixed-use luxury high rise development located in Chicago, IllinoisJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $225.5 million term loan facility secured by mixed-use luxury high rise development, including 279 residential rental apartments, 15 residential condominium units, and a parking garage located in Chicago, Illinois.
  • BioUrja Group acquires ADM's ethanol plant in Peoria, IllinoisJones Day advised BioUrja Group in the acquisition of ADM's ethanol production complex in Peoria, Illinois.
  • Wells Fargo provides $498.45 million loan secured by nine multifamily residential properties in Colorado, Georgia, North Carolina, Oregon, and TexasJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $498.45 million loan secured by nine multifamily residential properties in Colorado, Georgia, North Carolina, Oregon, and Texas.
  • J.F. Lehman & Company acquires ENTACTJones Day advised long-standing client J.F. Lehman & Company, a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government, and environmental sectors, in the acquisition by an investment affiliate and financing of ENTACT, LLC, a national provider of environmental remediation and geotechnical services.
  • Major distributor of alcoholic beverages refinances its mortgage loanJones Day represented a major distributor of alcoholic beverages in connection with the refinancing of its mortgage loan secured by real estate located in Brooklyn, NY.
  • Well Fargo provides $155 million loan to finance construction of multifamily residential building in Chicago, IllinoisJones Day represented Well Fargo Bank, National Association, as administrative agent, in connection with the $155 million loan to finance the construction of a multifamily residential building with 465-units, office and retail space in Chicago, Illinois.
  • U.S. Steel executes Option Agreement for potential joint venture with Stelco Inc. to acquire 25% interest in Minntac at enterprise value of $2.4 billionJones Day represented United States Steel Corporation, an integrated steel producer with major production operations in the United States and Central Europe, in connection with the execution of an Option Agreement for a potential joint venture with Stelco Inc., a vertically integrated Canadian steelmaker.
  • Wells Fargo provides $210 million loan secured by multifamily residential propertiesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $210 million loan secured by three multifamily residential properties in Colorado, North Carolina, and Oregon.
  • National bank provides financing for industrial portfolio located in eight statesJones Day represented a national bank as administrative agent and lead lender in connection with a $391.5 million syndicated loan secured by an industrial portfolio located in eight states.
  • Hard Rock International acquires JACK Cincinnati Casino and Turfway Park for $745 millionJones Day advised Hard Rock International on the acquisition of JACK Cincinnati Casino, located in downtown Cincinnati, Ohio, together with VICI Properties, Inc., and Turfway Park, located in Florence, Kentucky, for an aggregate purchase price of approximately $745 million in cash.
  • Wells Fargo provides $24 million refinancing for renovations to hotel in Birmingham, AlabamaJones Day advised Wells Fargo Bank, National Association in connection with a refinancing transaction with an amended loan value of up to $24 million for renovations to a hotel in Birmingham, Alabama.
  • Wells Fargo provides $29.5 million loan for renovations to hotel in Gatlinburg, TennesseeJones Day advised Wells Fargo Bank, National Association in connection with a $29.5 million loan for renovations to a hotel in Gatlinburg, Tennessee.
  • The following represents experience acquired prior to joining Jones Day.

    Represented a large institutional lender on an approximately $140 million acquisition loan for an office building in Chicago.

    Represented both owners and lenders in connection with securitized loans secured by portfolios of residential homes located throughout the United States (including the representation of a large institutional lender in connection with a loan of approximately $435 million secured by mortgages on 3300 properties and the representation of a borrower in connection with a loan of approximately $475 million secured by mortgages on 4000 properties).

    Represented a large institutional lender in the restructuring and transfers in lieu of foreclosure of a portfolio of loans totaling approximately $700 million. The properties included housing projects, undeveloped land, and multifamily, resort, retail, and office properties located throughout the United States.

    Represented an institutional lender in connection with an approximately $130 million construction loan for the construction of a hotel and office building in Chicago, Illinois.

    Represented a REIT in connection with its acquisition of an approximately $503 million loan portfolio secured by retail and office assets throughout the United States.