Finance & Lending
Innovative solutions for intricate real estate financings
Proven track record. Business-oriented approach. Deal savvy. Our real estate financing team takes a business-oriented approach to providing practical solutions to today’s real estate market challenges.
Our role is to find both practical and innovative ways to successfully finance real estate projects across product types with a national scope. And we excel at it. Working with diverse lenders—institutional lenders, banks, private equity funds and other finance providers—and borrowers, the Brownstein team structures real estate finance deals to accommodate all sources of capital: senior, mezzanine and construction to name a few. We originate bridge loans and permanent mortgage loans for portfolio and on-balance sheet lenders, and for lenders intending to contribute the same into securitizations or collateralized loan obligations (CLO). You can count on us to provide solutions grounded in our decades of experienced and focused on your business goals.
50 Golf Clubs: One Successful Transaction
Capitalizing on an opportunity to strengthen its position as The World Leader in Private Clubs™, ClubCorp sought to acquire Sequoia Golf’s stock and assets consisting of 30 owned, three leased and 17 managed properties. The challenge was that it had to be negotiated and closed in two months. A long-term client relationship with ClubCorp allowed Brownstein to ramp up quickly facilitating the equity purchase and managing the real estate aspects of the transaction. The deal, valued at roughly $265 million, successfully closed within the two-month timeframe increasing ClubCorp’s private club count from 150 to 209. Today, Brownstein continues its long-term representation providing legal counsel on a number of matters.
Keeping Denver’s Downtown Core Thriving
To keep up with Denver’s rapid population growth and demand in the downtown core, infill development is booming. When ZBlock Holdings, a joint venture, sought to transform an unappealing parking lot and rundown historical building—the former Windsor Dairy Block—in Denver’s transportation district, Brownstein’s Real Estate team was chosen to lead this complex redevelopment project. The team drew on significant experience shaping historic developments across the west to negotiate financing, create leases, and draft hundreds of documents to make the project a reality. Today, Dairy Block is a thriving mixed-use development featuring 260,000 square feet of office space, a 172-room hotel, 60,000 square feet of retail as well as restaurant space and a parking garage.