Dennis, chair of McGuireWoods’ Public and Private Infrastructure & Real Estate Department, represents lenders in eight- and nine-figure real estate transactions secured by all asset classes including retail, office, hotel, industrial, multifamily and mixed use.
He represents commercial banks, investment banks, insurance companies, funds, regional and local banks, and other financial institutions in loan transactions that include permanent, bridge and construction loans, mezzanine financings, credit facilities and split loan structures.
With extensive experience in mortgage loan originations intended for a secondary mortgage market transaction, Dennis represents lenders in the origination and sale of commercial mortgage for CMBS or CLO execution — including multifamily affordable housing transactions — intended for sale to Fannie Mae and Freddie Mac. He also handles an array of commercial real estate transactions, including the acquisition of and disposition of real property.
Dennis has been recognized by Legal 500 United States as a leader in real estate finance and by GlobeSt. Real Estate Forum, an American Lawyer Media publication, as an influencer in multifamily real estate.
- Represented a major US-based bank on a $414 million loan secured by an 858-unit multifamily condominium located adjacent to the Barclays Center in Brooklyn, New York.
- Represented client in connection with origination of an $88 million commercial mortgage loan backed by property in Brooklyn, New York.
- Represented a real estate fund, a subsidiary of a major financial institution, in connection with the origination of a $48 million commercial mortgage loan for a hospitality group for an extended stay hotel near John F. Kennedy Airport.
- Represent client in connection with origination of a $60 million commercial mortgage loan secured by a portfolio of industrial properties in Florida and Louisiana. Represented an investment bank in connection with the origination of a
$85 million mortgage loan for CMBS execution evidenced by multiple notes. - Represented a Freddie Mac seller/servicer in connection with the
origination of a portfolio of cross-collateralized and cross-defaulted mortgage loans secured by multifamily properties located in multiple jurisdictions. - Represented a Fannie Mae DUS lender in connection with the origination of a $194 million leasehold mortgage loan.
- Represented a foreign bank in connection with its acquisition of a senior note of a $100 million construction loan secured by a hotel property.
- Represented an investment bank in connection with the origination of a senior mortgage loan in connection with the acquisition of a portfolio of hotel loans involving a mezzanine loan and related negation of the intercreditor agreement.
Insights
- Author, Tenant and Landlord Struggles During the COVID-19 Pandemic, McGuireWoods Legal Alert, March 31, 2020
- Author, Freddie Mac Announces COVID-19 Forbearance Terms, McGuireWoods Legal Alert, March 26, 2020
- Author, Opportunity Zone Fundraising and Public Comment Update for 2019, McGuireWoods Legal Alert, June 27, 2019
- Selected for inclusion in “Legal 500 United States,” Real Estate Finance, 2022-2025
- Named to “Top Teams: Influencers in Multifamily Real Estate,” GlobeSt Real Estate Forum, 2020
“I zealously represent my clients and approach every transaction with the same goal – closing the transaction on time and having all parties walk away feeling like they had a good experience.”