David J. LaSota

David J. LaSota

Shareholder

David LaSota is Co-Chair of the Chicago Corporate Practice. He focuses his practice on the representation of institutional investors in advising, structuring, and documenting debt transactions, with particular focus on credit tenant loan real estate transactions (CTLs) and project and infrastructure finance, including public-private partnerships. David has wide-ranging industry experience including federal and state government, public and private universities, hospitals, resorts, hotels, medical office buildings, retail outlets, parking and transportation facilities, data centers, and oil and gas facilities.

A considerable amount of David’s practice involves reviewing and negotiating lenders’ interests in leases, residual-value guaranties, construction contracts, concession agreements, and other project-related agreements, and negotiating and documenting financing arrangements. David is experienced with the rules and customs of the NAIC guidelines which govern the treatment of securities (including CTLs) as “Schedule D” bond transactions for certain institutional investors, and is frequently consulted by institutional investors and placement agents for structuring advice and guidance on such matters.

Concentrations

  • Institutional private placements
  • Net lease / credit tenant loans
  • Build-to-suit leasing transactions
  • Federal government finance
  • Project finance
  • Public-private partnerships
  • Student housing
Read More +

取扱分野

実績紹介

  • Acted as counsel to institutional investor in connection with a $63 million credit tenant loan financing of a Department of Veterans Affairs out-patient facility where a new residual value guaranty was negotiated and implemented as part of the financing.
  • Acted as counsel to institutional investor in connection with a $65 million financing of Park City, Utah, ski resort involving an amendment and assumption of existing debt together with the issuance of variable rate notes.
  • Acted as counsel to institutional investors in connection with a $178.75 million credit tenant loan build-to-suit construction to permanent financing of a new corporate headquarters building in San Diego, California, which included a bifurcated funding.
  • Acted as counsel to institutional investors in connection with a $87.9 million credit tenant loan financing of two student residences of a Big Ten university.
  • Acted as counsel to institutional investors in connection with an A$76.3 million leased-backed financing of a student residence for an Australian university.
  • Acted as counsel to institutional investors in connection with a $30.5 million credit tenant loan build-to-suit construction to permanent financing of new health science building for a private university located on a brownfield site.°
  • Acted as counsel to institutional investors in connection with an $84 million credit tenant loan build-to-suit construction to permanent financing of the expansion of a state medical school campus. °
  • Acted as counsel to institutional investors in connection with A/B structured notes to fund the construction and permanent financing for the development of a build-to-suit, approximately 350,000 square feet, six-story, Class A office building to be leased to a major federal agency.°
  • Acted as counsel to the initial purchaser in connection with a Rule 144A offering of $327 million securities backed by mortgages on 839 restaurant sites and related ground leases in which the tenant was one of the world’s leading foodservice retailers.°
  • Acted as counsel to an institutional investor in connection with a $13.2 million A/B structured real estate financing of an Alaskan hotel and lodge backed by a guaranty of the Bureau of Indian Affairs (agency of the U.S. Government).°
  • Acted as counsel to institutional investors in connection with a $125 million project financing by the holding company of five operating company loans made to five separate independent 30-Megawatt Solar Energy Generating Systems (SEGS) in the Mohave Desert, each with power purchase contracts with a major California utility.°
  • Represented $540 million senior secured notes in connection with financing a participant’s TIC interest in a 900-megawatt coal-fired power plant, secured in part by a “take-or-pay” styled power purchase agreement entered into with a southeastern electric cooperative, and credit enhanced by a guarantee of payment by the investment grade parent during the construction period.°
  • €59,000,000 Senior Secured Notes of Sikuki Nuuk Harbour A/S (Greenland Port)US$77,000,000 Senior Secured Notes of Gloucester Terminals LLC (Gloucester Ports, New Jersey)
  • US$263,000,000 Senior Secured Notes of Northwest Parkway LLC (Northwest Parkway, Denver, Colorado)
  • US$231,950,000 (Tax Exempt) and U.S.$57,996,000 (Taxable) Senior Secured Notes of Kentucky Economic Development Finance Authority (Kentucky Open-access Fiber Optic Broadband Network) Selected as The Bond Buyer's 2015 “Deal of the Year”
  • Underwriter’s Counsel for $610,300,000 Michigan Strategic Fund Limited Obligation Revenue Bonds (I-75 Improvement Project), Series 2018.
  • Acted as underwriter’s and investors’ counsel in connection with US $232 million tax-exempt bond and US $58 million taxable private placement bond of the Kentucky Economic Development Finance Authority to finance a public-private partnership (P3) to bring high-speed Internet to all 120 of Kentucky’s counties. The bond offering was selected as The Bond Buyer's 2015 "Deal of the Year."
  • US$175,000,000 Senior Secured Loans to Millennium Parking Garages LLC (Millennium Parking Garages – Chicago) by a Syndicate of Banks from the United States, Italy, Canada, and Australia
  • US$44,313,579 Senior Secured Notes of Freeway Lighting Partners, LLC (Michigan Department of Transportation Freeway Lighting Concession)
  • US$518,500,000 Senior Secured Notes of Long Beach Judicial Partners LLC (Long Beach Courthouse Concession)
  • Acted as counsel to investors in a U.S. private placement of $260 million aggregated principal amount of subordinated (Tier 2 capital) notes of a New York state chartered bank.
  • Acted as counsel to institutional investors in connection with $60 million purchase of surplus notes of a mutual insurance company.

°The above representations were handled by Mr. LaSota prior to his joining Greenberg Traurig, LLP.

受賞歴・所属団体

  • Listed, Leading Lawyers Network, 2019
  • Team Member, Chambers USA Award for Excellence, Real Estate, 2017
  • Listed, Chambers USA Guide, "Recognized Practitioner," 2016
  • Team Member, Corporate Board Member magazine and FTI Consulting Inc., one of "America’s Best Corporate Law Firms," 13th Annual Legal Industry Study, 2013
  • Member, American College of Investment Counsel

学歴・資格・言語

学歴
  • J.D., magna cum laude, Notre Dame Law School, 1998
    • Propter Honoris Respectum Editor, Notre Dame Law Review
  • B.A., magna cum laude, University of Illinois at Urbana-Champaign, 1994
    • Bronze Tablet Recipient (top 3% of class)
弁護士資格
  • 米国 イリノイ州
言語