Print PDF


The negotiation and documentation of real estate financing transactions for developers and for lenders, including banks, debt funds, finance companies, insurance companies, pension funds and other financial institutions, is a major practice at Sheppard Mullin. Our team of commercial real estate attorneys focuses on all areas associated with real estate law and can call upon team members to resolve any legal issue that arises in a real estate financing transaction, whether it relates to construction, permanent financing, environmental regulation, land use entitlements, bankruptcy, entity formation, business licensing, securities regulation, leasing, federal, state or local taxation, ad valorem property taxation or foreign investment. We bring practical, concrete and cost-effective proposals and solutions to any type of challenge facing our clients.

What We Know Well

  • All types of real estate secured loans
  • Mezzanine financing, including intercreditor agreements
  • Construction lending
  • Preferred equity financing
  • Sale-leaseback transactions
  • Programmatic financing for development, construction and permanent financing
  • Modifications, workouts and restructuring of loans
  • Tri-party agreements with permanent lenders
  • Loan administration, master servicing and special servicing
  • Syndicated financing, club deals and participations
  • Real estate secured, letter of credit enhanced industrial development bonds, certificates of participation and multi-family housing revenue bonds
  • Loans to construct and rehabilitate affordable housing projects
  • Contingent interest and shared appreciation loans for office, industrial, retail and residential projects

We Are Great At What We Do

Sheppard Mullin attorneys bring a valuable perspective to the representation of real estate developers and lenders as a result of our knowledge of real estate law. Our attorneys regularly deal with all asset classes and all types of real estate projects, including office, hotel, industrial, multi-family, condominium and planned-development residential, senior housing, student housing, self-storage, regional mall, neighborhood center, big-box and in-line retail and cannabis-related cultivation, processing and retail operations. Our practice covers real estate investment and ownership, including acquisitions, leasing, asset management and dispositions. We are also routinely involved in land assemblies and the development of residential tracts, condominiums, hotels, industrial parks, retail centers and high-rise office buildings. As a result, we can assist with the critical aspects of a real estate ownership and development practice such as owner participation agreements, disposition and development agreements, reciprocal easement agreements and covenants, conditions and restrictions. This enables us to understand and assist in the resolution of the business issues of the utmost importance to our clients in connection with their real estate financings.


  • Allstate Life Insurance Company
  • American Equity Investment Life Insurance Company
  • Amtrust Realty
  • Arbor Realty Trust
  • Axos Bank
  • Bank of America
  • Bank of China
  • Bizzi & Partners Development
  • Blackstone
  • Bond Companies
  • Bridge Bank
  • Bushburg Properties
  • California Bank & Trust
  • California Community Reinvestment Corporation
  • CIBC Bank USA
  • CIT Bank
  • City National Bank
  • Comerica Bank
  • DM Development
  • Domain Capital
  • East West Bank
  • Fifth Third Bank
  • JMA Ventures
  • JPMorgan Chase Bank
  • Kona Hills
  • LaSalle Mortgage Real Estate Investors
  • LLJ Ventures
  • Los Angeles County Employees Retirement Association
  • Mechanics Bank
  • Momentum Real Estate Partners
  • Mosaic Real Estate Credit
  • Nakash Holdings
  • New York State Teachers’ Retirement System
  • NRG Energy
  • Oxford Capital Group
  • Pacific Life Insurance Company
  • Pacific Mercantile Bank
  • Palladius Capital Management

  • Paragon Management Company
  • Priya Living
  • Quadrant Real Estate Advisors
  • San Diego County Credit Union
  • Sea Breeze Properties
  • Silicon Valley Bank
  • U.S. Bank
  • Umpqua Bank
  • Union Bank
  • Urban American Holdings
  • Walker & Dunlop
  • Wells Fargo Bank


  • Represented investor in connection with preferred equity financing for $1.2 billion multi-use property within the largest private real estate development in the United States

  • Represented investor in connection with $750 million line of credit for portfolio of real estate interests
  • Represented sponsor in connection with $2 billion programmatic development financing, construction financing and permanent financing facility
  • Represented publicly traded REIT in connection with multiple bridge loans, mezzanine loans, and preferred equity investments ranging from $7.5 million to $280 million and secured by multifamily and other commercial properties located throughout the United States
  • Represented owner in connection with $75 million mortgage refinance secured by an office and retail property containing 450,531 square feet across 32 floors and located in midtown Manhattan, New York
  • Represented co-lenders on $1.1 billion loan secured by 135 properties in 18 states
  • Represented real estate fund lender on numerous bridge loans from $15 million to $50 million throughout United States
  • Represented the lender on a $350 million loan to refinance a multi-state real estate portfolio of 23 commercial properties
  • Represented mezzanine lender on $31.5 million mezzanine loan for condominium rental project
  • Represented lender on $200 million revolving borrowing base line of credit for acquisition of commercial properties
  • Represented mezzanine lender on $26 million mezzanine loan for multi-family project
  • Represented lender on $240 million loan to refinance portfolio of nine commercial properties in six states
  • Represented lender on $109 million loan to finance acquisition of 21 commercial properties in 10 states
  • Represented bank as issuer of credit enhancement letters of credit on series of California Industrial Development Revenue Bond transactions
  • Represented national bank as issuer of credit enhancement letters of credit on series of transactions involving issuance of Multifamily Housing Revenue Bonds to construct apartment projects for occupancy by low/moderate income tenants
  • Represented national bank on series of private placement Multifamily Housing Revenue Bond transactions in which client purchased bonds
Jump to Page

By scrolling this page, clicking a link or continuing to browse our website, you consent to our use of cookies as described in our Cookie and Advertising Policy. If you do not wish to accept cookies from our website, or would like to stop cookies being stored on your device in the future, you can find out more and adjust your preferences here.