Dana maintains a national practice focused on sophisticated commercial real estate financings across a broad range of asset classes. She regularly counsels financial institutions, debt funds, and private equity lenders as part of her lending practice but also represents owners and developers locally and nationally with regard to financing their mid- and large-scale commercial and residential development and redevelopment projects.
Dana’s practice started in the municipal finance and tax credit financing space, so she has extensive experience navigating lenders through complex transactions with multiple funding sources involving new markets, low income and historic tax credits, subordinate and other alternative financing including PACE financing, affordable and fair housing, and various other economic development incentives. She has advised senior and subordinate lenders and borrowers in acquisition, bridge, construction, and permanent debt financing.
Representative Experience
- Lead counsel for a national private equity fund in structuring and deploying a total of more than $150 million of loans within a one-year time period, with each individual loan in the $1 million to $12 million range, to acquire, construct or refinance troubled properties across all asset classes including retail, hospitality, multifamily (low-income and market rate) and senior living, industrial and office.
- Representation of a national banking lender in an approximately $25 million refinancing of an industrial/office portfolio with properties located in several states throughout the country.
- Representation of a national banking lender in a $75+ million construction loan for the rehabilitation and conversion of an office building into a residential rental apartment building in Cleveland, Ohio.
- Representation of the developer in the refinancing of a mixed-use residential and retail development in northeast Ohio, with an $80+ million CMBS loan.
- Representation of RES Polyflow in the $185 million bond financing for construction of a new plastics conversion plant in Indiana.
- Representation of the lender in the financing for the construction of a market-rate townhome project in North Carolina.
- Representation of an owner in the financing for the construction of its new headquarters office in a Chicago suburb.
