• Two joint ventures, eight regional shopping centers, $5.4B on the table

    In a series of exceptionally complex deals, Manatt orchestrated the formation of two joint ventures involving major stakes in eight regional shopping center properties. Our client, The Macerich Company, sold a 40 percent interest in five regional centers to GIC, the sovereign wealth fund of...
  • Real estate investment firm scores appellate victory in commercial foreclosure

    On the outside, Carmel Rincon is a peaceful residential mid-rise building in the heart of San Francisco’s Embarcadero District. Behind the scenes, it was the setting for a dramatic finance litigation saga brought on by the nonjudicial foreclosure of the property. Manatt represented the acquiring...
  • Luxury California oceanfront resort obtains government approvals

    There are all kinds of fallout victims from collapsing banks worldwide. One of them, Lowe Enterprises and its affiliates, turned to Manatt for help in restructuring $350 million in debt after the FDIC seized Corus, the failed construction lender for Lowe’s 580-room Terranea Resort condominium...
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