Jenner & Block

Acquisitions and Dispositions

Representative Engagements

  • Representation of General Motors Corporation in connection with its 2009 sale of substantially all of its assets, including the conveyance and transfer of substantially all of its real estate, to a new entity sponsored by the U.S. Treasury, as part of a sale process under Section 363 of the United States Bankruptcy Code.
  • Representation of General Motors in connection with real estate matters relating to and arising after the “Section 363” sale.
  • Representation of a major pension fund in connection with the following major transactions:
    • Acquisition and financing of a Class A downtown Chicago office building located at 181 West Madison;
    • Acquisition and financing of a 758-unit multi-family project located in Wheaton, Illinois;
    • Negotiation of anchor tenant lease with Orbitz, Inc. for space at 500 West Madison, Chicago, Illinois;
    • A joint venture to develop a 400-unit apartment high-rise in downtown Chicago known as Kingsbury Plaza;
    • Recapitalization and refinancing of an office building located at 500 West Madison in downtown Chicago;
    • Acquisition, financing and subsequent sale of an office building located at 200 West Monroe in downtown Chicago;
    • Refinancing and subsequent sale of an office building located at 230 West Monroe in downtown Chicago.
  • Representation of Tishman Speyer in connection with the sale of a downtown Chicago office building.
  • Representation of a joint venture between Jupiter Realty Corporation and Cornerstone Realty Advisors in connection  with the sale of an apartment tower located in downtown Chicago.
  • Representation of Inland Real Estate Exchange Corporation in connection with entering into a Joint Venture Agreement with a subsidiary of Inland Real Estate Corporation, a public Real Estate Investment Trust, to offer fractionalized interests in real estate for investors wishing to participate in tax-deferred exchanges under Section 1031 of the Internal Revenue Code.  The offerings will be pursuant to Regulation D of the Securities Act of 1933.
  • Representation of Prime Group Realty Trust in the sale of a 1.5 million square foot Class A office building located at 131 South Dearborn in downtown Chicago.
  • Representation of ORIX Real Estate Capital, Inc. in connection with several acquisitions of multi-family and shopping center projects located throughout the United States in connection with ORIX’s Tenant-In-Common (“TIC”) program.
  • Representation of Sears, Roebuck and Co. in the acquisition of an ownership or leasehold interest in 54 off-mall stores from Kmart Corporation.
  • Representation of Jupiter Realty Corp. in connection with the acquisition, financing and sale of more than 100 separate multi-family apartment projects located throughout the United States, including in Illinois, California, Colorado, Texas, Georgia, Indiana, Florida, Alabama, South Carolina and Tennessee, many of which were financed with tax-exempt bonds.
  • Representation of Jupiter Realty Corp. in connection with the acquisition and financing of an office and parking garage complex located at Los Angeles International Airport, the acquisition and financing of the Holiday Office Park in Cincinnati, and the sale of an office building located at 919 North Michigan Avenue in downtown Chicago.
  • Representation of Jupiter Realty Corp. in connection with the acquisition, financing and sale of a large portfolio of Days Inn Hotels located in Florida and Virginia.
  • Representation of Covington Realty Partners, LLC in connection with the acquisition of four, single-tenant retail sites across the United States.
  • Representation of a private investment group in connection with the sale of the Drake Hotel in Chicago.
  • Representation of a private investor in connection with the sale of the Paramount Hotel in New York City.