Seth R. Niedermayer

Represented VICI Properties Inc. in its agreement to acquire the real estate assets of The Venetian Casino Resort and the Sands Expo and Convention Center in Las Vegas for $4 billion in cash and triple-net lease the real property to an affiliate of Apollo Global Management Inc.

Represented VICI Properties Inc. in a definitive agreement with Hard Rock International to lease the real estate assets associated with The Mirage Hotel & Casino in Las Vegas.

Represented VICI Properties Inc. entering into call right and purchase option agreements in connection with providing development financing, including for Canyon Ranch’s newest wellness resort offering in Austin, TX.

Represented Mitsui Fudosan America, Inc. in a joint venture with Mill Creek Residential for the acquisition and development of Modera SoBro, a two-phase, mixed-use development in Nashville, TN.

Represented Mitsui Fudosan America, Inc. in a joint venture with Schnitzer West for the acquisition and development of The Avant, a 337-unit, five-story, wood-framed multi-family project in Centennial, CO.

Represented VICI Properties Inc. in the sale of Bally’s Atlantic City and Harrah’s Reno Hotel and Casino.

Represented Rockrose Development LLC in the $150 million refinancing of 200 Water St. in Manhattan, NY.

Represented an affiliate of Amalgamated Bank (which had previously acquired a development site in northern Manhattan following extensive foreclosure proceedings and then bankruptcy) in acquiring an adjacent site from a Jewish center and then offering the entire assemblage for sale.

Represented Broadview Real Estate Partners in negotiating a programmatic joint venture with Winterpast Capital Partners for the purpose of acquiring senior living facilities in the southeast United States.

Represented School in the Square charter school in negotiating a lease with a church and the Archdiocese of New York for the school’s newly opened elementary school in Inwood, NY.

Represented a family office entering into joint ventures for and the acquisition of multiple hotels in midtown Manhattan.

Represented Rockrose Development LLC in a $350 million refinancing of Eagle Lofts, a recently completed 55-story multi-family property located at 43-22 Queens St. in Long Island City, NY.

Represented VICI Properties Inc. in its agreement to acquire the real estate assets of JACK Cleveland Casino and JACK Thistledown Racino for approximately $843.3 million in cash and a triple-net lease back to JACK Entertainment.

Represented a joint venture between Trinity Place Holdings Inc. and Pacolet Milliken LLC in a refinancing of The Berkley, a multifamily property located at 223 North 8th St. in Brooklyn, NY, containing 95 rental apartments (76 market rate and 19 affordable).

Represented Trinity Place Holdings Inc. in its entry into a joint venture with TF Cornerstone and the subsequent $137.75 million acquisition of and $82.75 million financing for a multi-family building in Williamsburg, Brooklyn.

Represented the seller in the $175 million sale of 111 Wall St. to Nightingale Group and Wafra, Kuwait’s sovereign wealth fund.

Represented VICI Properties Inc. in its entry into a definitive agreement with Eldorado Resorts Inc. in connection with Eldorado’s $17.3 billion merger with Caesars Entertainment Corp.

Represented Amalgamated Bank in the sale of Albuquerque Studios in New Mexico to Netflix. Albuquerque Studios is one of the largest independent film studios in the country with nine sound stages totaling more than 170,000 square feet. Major productions from Albuquerque Studios include feature films “The Avengers,” “Independence Day: Resurgence,” “Terminator Salvation” and “The Lone Ranger” and television series “Breaking Bad” and “Better Call Saul.” The sale to Netflix is expected to generate more than $1 billion of investment in New Mexico during the next 10 years, including $600 million directly from Netflix, and generate up to 1,000 production jobs per year.

Represented VICI Properties Inc. in its agreement to acquire the real estate assets of JACK Cincinnati Casino, located in downtown Cincinnati, for approximately $558 million in cash and lease it to Hard Rock International.

Represented VICI Properties Inc. in the acquisition of the real estate assets of the Greektown Casino-Hotel in downtown Detroit for approximately $700 million in cash from JACK Entertainment and a lease to Penn National.

Represented VICI Properties Inc. in agreements to sell multiple gaming properties located throughout the United States.

Represented the seller in the sale of Hotel Wales, located at 1295 Madison Ave. in New York City.

Represented Mitsui Fudosan America, Inc. in a joint venture with The Related Companies and Oxford Properties Group for the acquisition and development of 50 Hudson Yards, located at the intersection of Hudson Yards, the High Line, and Hudson and Park boulevards, New York. The representation included work with respect to the loans for 55 Hudson Yards and 50 Hudson Yards in connection with entering into a lease with Facebook.

Represented Mitsui Fudosan America, Inc. in a joint venture with EYA and JBG Smith for the development of Robinson Landing, a mixed-use development consisting of 26 townhomes, 70 residential condominiums, retail and dining, and community space on the waterfront in Alexandria, VA.

Represented Mitsui Fudosan America, Inc. in a joint venture with The Related Companies for the acquisition and development of a 6.5-acre parcel in the Seaport Innovation District of Boston for a mixed-use development consisting of approximately 735,000 square feet of office and life sciences space, as well as residential, retail and dining spaces and three acres of open space.

Represented Mitsui Fudosan America, Inc. in a joint venture with The Related Companies for the acquisition and development of The Cortland, a Robert A.M. Stern-designed luxury condominium building located in the West Chelsea neighborhood of New York City.

Represented Mitsui Fudosan America, Inc. in the acquisition of a 70% membership interest in the owner of an office building in Hoboken, NJ, and the subsequent refinancing of the property.

Represented Mitsui Fudosan America, Inc. in a joint venture with The Related Companies for the acquisition and redevelopment of a 2.3-acre parcel in Boston known as “Innovation Square Phase 2” for a mixed-use development consisting of an approximately 265,000-square-foot life sciences building.

Represented Mitsui Fudosan America, Inc. in a joint venture with Tishman Speyer for the acquisition and development of Brannan Square, a commercial complex of three independent buildings totaling approximately 1.2 million square feet of floor space in the SoMa neighborhood of San Francisco.

Represented Mitsui Fudosan America, Inc. in a joint venture with Wood Partners for the acquisition and development of a 1.1-acre parcel in Los Angeles, on which will be constructed a mixed-use residential apartment rental unit complex with approximately 132,786 square feet of residential space for 161 units and approximately 5,723 square feet of commercial space.

Represented Mitsui Fudosan America, Inc. in a joint venture with Wood Partners for the acquisition and development of a 1.65-acre parcel in the Assembly Row development in Somerville, MA, on which will be constructed an approximately 264,000-net- square-foot residential apartment rental unit complex with 329 units as well as approximately 10,836 square feet of retail space.

Represented Mitsui Fudosan America, Inc. in a joint venture with Lowe Enterprises for the acquisition and development of a 2.5- acre site in Seattle, that will include an approximately 398,210-square-foot residential apartment rental unit complex with 550 units, of which approximately 143 will be affordable units, as well as approximately 6,797 square feet of retail space and a public park.

Represented Mitsui Fudosan America, Inc. in a joint venture with ZOM Living for the acquisition and development of a 1.85-acre parcel in Bethesda, MD for the construction of a residential apartment rental unit complex with approximately 229 units.

Represented a large insurance company in several acquisitions and dispositions around the United States, including office buildings in Tampa, Fort Lauderdale and Coral Gables, FL; Charlotte and Raleigh, NC; South Brunswick; and Boston’s Seaport development; and an industrial site in San Bernardino, CA.

Represented the seller of 74 net-leased retail properties located throughout the United States.

Represented JEMB Realty in securing $56.5 million predevelopment financing of One Willoughby Square, Brooklyn.

Represented an ad hoc group of bondholders holding in excess of $3.5 billion of first-priority senior secured bonds issued by Caesars Entertainment Operating Co., a majority-owned subsidiary of Caesars Entertainment Corp. that owns, operates and manages gaming and resort properties primarily under the Caesars, Harrah’s and Horseshoe brand names, in the real estate aspects of CEOC’s Chapter 11 restructuring.

Represented Rockrose Development Corp. in refinancing approximately $130 million of loans on properties located at 43-01 21st St. in Long Island City and 666 Greenwich St. in New York City.

Represented a Spanish hotel and resort developer in the $101 million acquisition of a parcel of land in Times Square for the development of a hotel.

Represented a French bank in reviewing requests for proposals in the renovation of its New York headquarters.

Represented Pacific Western Bank in making more than $110 million of acquisition, pre-development, construction and project loans in New York City.

Represented a lender in making acquisition, predevelopment and construction loans for the redevelopment of sites in Cleveland, Cincinnati and Kansas City, MO; a development in Brooklyn; and the restructuring of a portfolio of seven properties around the United States.

Represented a lender in making $8.4 million of acquisition, building and project loans to a developer for a property in Brooklyn. 

Represented a Chinese developer in the acquisition of fee parcels and five air rights parcels for the development of a 32-plus-story luxury residential condominium tower in New York City.

Represented a developer in obtaining $150 million of mortgage and mezzanine construction financing for the construction of a 70-unit luxury residential condominium in Boston.

Assisted in negotiating financing documents for a hedge fund to provide $235 million of preferred equity to fund Central Park Tower, Extell Development Co.’s planned 95-story supertall building at 217 West 57th St. in New York City.

Represented a private equity company in a $73 million financing for the acquisition and construction of a mixed-use office and industrial complex outside Atlanta. 

Represented a landlord in negotiations of a consent to sublease and a subtenant recognition agreement for a mixed-use property on East 74th St. in New York City.

Represented an individual in the purchase of a townhouse on East 74th St. in New York City.

Represented a private equity firm in providing $35 million in note-on-note financing for the acquisition of the underlying loan on a development site in Times Square.

Represented an owner of Broadway theaters in the complex sale of a building in Times Square, with the seller retaining ownership of the landmarked theater within the building. As part of the transaction, the purchaser intends to lift the theater by up to 30 feet above its current ground-floor location and renovate it for the seller.

Represented a lender in negotiating a forbearance agreement for a portfolio of loans on properties around the United States.

Successfully negotiated on behalf of a developer in making title claims upon the discovery of subsurface encroachments by the foundation of a neighboring parcel.

Represented VICI Properties 1 LLC as borrower in connection with a credit facility comprised of a $2.2 billion term loan and a $400 million revolving credit facility with Goldman Sachs Bank USA as administrative agent; Goldman Sachs Bank USA, Morgan Stanley Senior Funding Inc., Merrill Lynch, Pierce, Fenner & Smith Inc., JPMorgan Chase Bank N.A., Citigroup Global Markets Inc., and Barclays Bank PLC as joint lead arrangers and bookrunners; and Credit Suisse Securities (USA) LLC, UBS Securities LLC and Citizens Bank N.A. as co-arrangers.