Docket Navigator: Top Attorneys in 2016
Funds Talk: March 2017
Tzvi Rokeach represents leading developers, institutional investors, major lenders, Fortune 1000 corporations and prominent individual investors, bringing a multidisciplinary perspective to a wide range of sophisticated real estate transactions.
Mr. Rokeach works on large-scale development and construction projects, joint ventures, acquisitions, and sales and dispositions across a broad class of asset types, including commercial, industrial, retail, residential, gaming, hospitality and entertainment properties. He also represents lenders and borrowers in complex real estate financings, workouts and complicated restructurings and recapitalizations, as well as multiple-tier intercreditor relationships and mortgage and mezzanine loan foreclosures and enforcement activities.
Among his recent work, Mr. Rokeach represents an ad hoc group of bondholders holding in excess of $3.5 billion of first lien bonds issued by Caesars Entertainment Operating Company (CEOC) in connection with the real estate aspects of CEOC’s Chapter 11 restructuring. In other recent transactions, Mr. Rokeach represented the borrowers in a $260 million leasehold mortgage and mezzanine refinancing of a Manhattan-based mixed-use hotel/leasehold cooperative complex; Lerner Properties in the sale to wholly owned subsidiaries of Urstadt Biddle Properties Inc. of 50 percent tenancy-in-common interests in two shopping centers in Suffolk County, Long Island; the landlord in a long-term ground lease of an Upper West Side site and its redevelopment into a luxury residential leasehold cooperative apartment building; and Onex Real Estate Partners in negotiating a development agreement with Blackstone in connection with Onex’s development of Sky View Parc, a massive retail and residential complex that has anchored the renaissance of downtown Flushing, New York.
Mr. Rokeach handles the ongoing representation of various major national lenders as well as various “alternative lenders” (private equity funds, opportunity funds and others) in loan originations (including construction financings), loan sales, participations, co-lender arrangements and related transactions covering a wide variety of property types nationwide, including hotels, office buildings, shopping centers and mixed-use condominium developments.