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Team Deftly Assembles Final Financing for Office Development

 
April 03, 2018
 
Case Study

Situation

A commercial real estate company needed to put the final financing in place for a new office development in Wisconsin. It sought Husch Blackwell’s experience in handling complex back-to-back closings that were required to complete the final two layers of the capital stack.

Result

Our team coordinated the sale of a tenants in common (TIC) interest and secured tax increment financing (TIF) from the city. The new building adds 100,000 square feet of office space to the client’s real estate portfolio.

Husch Blackwell Team: Hal Karas, Jeffrey L. Vercauteren and senior paralegal Jennifer M. Devine