Kelly M. Noll

Represented Blackstone in connection with its acquisition of a portfolio of 228 mortgage loans from Atlantic Union Bank for approximately $2 billion.

Represented publicly traded REIT in connection with its $9,590,000 acquisition of three properties in Louisiana, Alabama, and Colorado leased to an automotive repair company.

Represented guarantor and its subsidiary borrowers in connection with a $530,000,000 syndicated mortgage loan secured by a portfolio of 35 shopping center assets located across the nation.

Advised a leading international investment and management firm, performing all diligence and related needs for their purchase of loans in default for a total of over $600 million and subsequent foreclosures of more than 70 properties in California.

Represented US HealthVest, LLC in its acquisition of Illinois hospital, 70-bed Vista Medical Center West, from Community Health Systems, Inc. spin-off Quorum Health Corp.

Benesch represented a regional developer in the development of a luxury student housing project in Columbus, Ohio near the campus of Ohio State University. The transaction was structured under a long-term ground lease, and was highly complex due to the preservation of a streetscape of six historic residential structures, in combination with two new mid-rise buildings. Benesch was lead counsel on the ground lease negotiation as well as development and leasing matters. Additionally, we provided strategic co-counsel on finance and construction matters. Our subsidiary, NC3 provides ongoing construction project management services on development as well.

Represented the borrower on a $32 million CMBS loan secured by a grocery-anchored shopping center in Pennsylvania.

Represented client in the purchase of 5 properties that were recently developed in Michigan and Illinois and newly leased to tenants.

Represented one of the nation’s leading real estate owners in a multi-state acquisition of five healthcare properties for over $24,000,000.00.

Represented a leading international investment and management firm in transferring membership interests in 7 underlying real properties, with a total value exceeding $51 million.

In 2020, Benesch exclusively represented Site Centers Corp. on all lease amendments throughout Site’s portfolio required as a result of the Covid-19 pandemic.

Represented a multi-faceted redevelopment of an existing shopping center located in the Chicago, IL area that encompasses nearly 700,000 square feet. The project includes a land sale to a prominent national retailer that owns an adjacent parcel to allow for a store expansion by that retailer, as well as significant related site work.  Benesch is coordinating all aspects of the redevelopment and transaction for the client.

Represented a fully-integrated real estate developer, owner and manager of retail properties on the acquisition of a shopping center in the Fort Worth, Texas area valued at over $58 million and on the $30 million loan secured by the shopping center.

Represented a fully-integrated real estate developer, owner and manager of retail properties on the acquisition of a distressed shopping center in the Orlando, Florida area valued at over $38 million and on the $28 million loan secured by the shopping center.

Represented a large real estate private equity fund in connection with the acquisition of a grocery-anchored shopping center in southern Florida for over $34 million and subsequently as borrower on a CMBS loan secured by such shopping center.

Represented a large real estate private equity fund in connection with the sale of a joint-venture owned shopping center in Texas for over $20 million.

Represented a large real estate private equity fund in connection with the sale of joint-venture owned shopping centers in Illinois for over $48 million.

Represented Canadian developer, owner and manager of multifamily residential property in the sale of multifamily residential property in Texas valued at over $20 million.

Represented Canadian developer, owner and manager of multifamily residential property in in the acquisition and financing of 560+ unit multifamily development in Texas valued at $68 million.

Represented a Florida developer, owner and manager of shopping centers in the recapitalization of two grocery-anchored shopping centers in southern Florida valued at over $30 million.