Alan Ruiz assists real estate developers and financial institutions with conveyancing, developing and financing commercial real estate. He represents lenders and borrowers in all aspects of the origination and modification of commercial mortgage and mezzanine loans, including single-property and multi-property transactions, secured by office, retail, industrial and hospitality properties, for portfolio, syndicated and securitized loans. Additionally, Alan also represents clients in the acquisition and disposition of commercial real estate assets, including urban and suburban office buildings, multifamily apartment buildings, industrial properties, retail shopping centers and mixed-use developments located throughout the United States.
Alan's real estate practice includes drafting and negotiating loan and acquisition documents and legal opinions, and he has substantial experience reviewing and advising clients regarding all aspects of diligence in connection with conveyancing, constructing and financing commercial real estate, including joint venture agreements and other organizational documents, hotel franchise agreements, management agreements, condominium documents, ground and space leases, complex easements and title insurance. He brings a cost-conscious and efficient approach to matters that facilitates smooth closings at minimal client expense.
Represented Wildcat Investment Management LLC in connection with the formation of a “deal by deal” fund to invest in the capital stock of Plastiq, Inc., a fintech platform for payment services, through a series of secondary transactions with existing stockholders and/or their affiliates; advised client on the launch of the private fund, including preparing the offering documents and supplements, negotiating placement agreements, as well as the terms of a side letter with a major investor; structured the secondary transaction, including negotiating the letters of intent and securities purchase agreements with existing stockholders and the terms of various ancillary agreements, including investment representative and marketing agreements; and provided tax advice on the secondary transaction to ensure tax optimization for the parties
Represented an American life insurance company, as lender, in the originations of a $72.5 million construction loan and a $97 million construction loan to finance the ground-up developments of two mixed-use assets in Denver, CO
Represented an American investment manager in the acquisition of a $68 million retail component of a recently-constructed mixed-use development in Charlotte, NC, which involved complex leasing issues with the prospective anchor tenant and the negotiation and drafting of several cross-easements and amendments to CC&R declarations among the client, the seller, and various adjoining property owners
Represented an American life insurance company, as lender, in the origination of an $85 million mortgage loan securing the fee estate and certain leasehold condominium units in a New York City office tower subject to a complex leasehold condominium regime primarily occupied by a major private nonprofit research foundation
Represented an American investment manager in the acquisition of a newly-constructed $34.5 million industrial warehouse development in Franklin, MA, including the negotiation and monitoring of construction milestones and deliverables and drafting a parking easement
Represented an American investment manager in borrowing a $10 million mortgage loan secured by office property in Clearwater, FL; and a $13.674 million mortgage loan secured by office property in Durham, NC
Represented an American real estate developer in borrowing a $12 million mortgage loan secured by vacant office property in Old Tappan, NJ, that the client intends to demolish, seek to re-zone, and redevelop as multifamily
Represented an American real estate developer in the acquisition and financing of an office building in Hartford, CT and the acquisition of a parking lot in Hartford, CT with substantial environmental issues