Paul Roberts

Representative Highlights

Real Estate Finance

• Represented a publicly traded REIT as lender in connection with closing 50+ bridge loans totaling more than $1 billion secured by self-storage facilities located throughout the country.
• Represented a national bank in connection with a $115mm term facility secured by 16 self- storage properties located in 11 states.
• Represented the administrative agent and lead lender in connection with a $50mm syndicated construction loan to build a 215,000 square feet office building and 280,000 square feet parking garage in Salt Lake City, Utah.
• Represented a national bank in connection with a $34mm construction loan to finance the construction of a three-phase distribution center project on ground leased property located in Las Vegas, Nevada.
• Represented the administrative agent and lead lender in connection with a $97mm syndicated loan to finance the acquisition and refurbishment of a 200,000 square foot mixed use office and retail building in downtown Bellevue, Washington.
• Represented the administrative agent and lead lender in connection with a $52mm syndicated construction loan to build a 150,000 square feet apartment building in Seattle, Washington.
• Represented a national bank in connection with a $36mm loan to finance the acquisition and renovation of a 256-unit multi-family project located in Puyallup, Washington, as part of a reverse 1031 exchange.
• Represented a national bank in connection with the origination of a portfolio of loans totaling $52mm secured by a large mixed-use project located in Salt Lake City, Utah, involving office, retail, restaurant, and movie theater assets.
• Represented a national bank in connection with the origination (and subsequent consolidation) of three separate loans totaling $35mm secured by 7 apartment buildings located in various cities throughout North Dakota.
• Represented a national bank in connection with a $20mm construction loan to finance the conversion of an existing office tower to a 140-unit multi-family project.
• Represented a private lender in connection with 20+ construction loans totaling more than $100mm in connection with development projects located in Alabama, California, Connecticut, Florida, Georgia, Illinois, Indiana, Michigan, Minnesota, Mississippi, Nevada, North Carolina, and Utah.
• Represented a national bank in connection with a $37mm construction loan to finance a 236-unit apartment building built on ground leased property in Boise, Idaho.

Commercial Finance

• Represented a national lender in connection with the origination of a $90 million line of credit secured by all the assets of a Utah ski resort.
• Represented a private lender in connection with a $125 million senior secured term loan facility to a leading producer and distributor of specialty alcohols.
• Represented a financial services company as the borrower in connection with a $390mm syndicated credit facility that included a $230mm accordion feature, line of credit (with letter of credit sublimit), term loan, and acquisition line to term loan facility.
• Represented a specialty fund as the borrower in connection with a $170mm syndicated credit facility secured by a broad range of railroad project assets.
• Represented a lender in connection with a $77mm credit facility to finance the acquisition of a new Bombardier aircraft.

Project Finance

• Represented the administrative agent, lead lender, and sole bookrunner in connection with a $490 million credit facility secured by a natural gas-fired, 802-megawatt, combined cycle gas turbine power plant located in Virginia.
• Represented the owner of a 1.6 GW portfolio of utility-scale solar assets in connection with a $125 million syndicated debt financing comprised of working capital loans and letters of credit.
• Was part of the team of attorneys who represented Blackstone Infrastructure Partners on its definitive agreement with Invenergy and Caisse de dépôt et placement du Québec (CDPQ) for an approximately $3 billion equity investment in Invenergy Renewables Holdings LLC, the largest private renewable energy company in North America. Blackstone’s investment is one of the largest renewables investments in North American history.
• Advised a private midstream oil company on the amendment and restatement of a $90 million credit facility secured by crude oil pipelines and other assets located in several states.

Equipment Leasing

• Represented a national lender in connection with a $75mm master lease agreement to finance the acquisition of a fleet of garbage trucks. This transaction involved a complex SUBI trust arrangement for holding title to the trucks.