Bjorn Andersen Real Estate Lawyer

Representative Matters

Successful $425 million refinancing of One Times Square in New York City

Representation of Jamestown Properties in connection with the $425 million construction financing of One Times Square, the globally-recognized building that has been home to the world’s New Year’s Eve ball drop since 1907. Originally built as the headquarters of The New York Times in 1904, the 26-story structure is wrapped entirely in LED screens and is located in the heart of Times Square in New York City.

BXP $2.3B Refinancing of General Motors (GM) Building in New York City

Representation of BXP, Inc. in connection with the $2.3B refinancing of the General Motors (GM) Building, a 50-story office tower at 767 Fifth Avenue in New York City thought to be among the most valuable office properties in the world, through a 10-year, fixed-rate loan that replaces a $1.6 billion loan package. BXP paid a record $2.9 billion for the trophy asset in 2008 and the loan for this refinance is the largest in New York City since the acquisition of Stuyvesant Town-Peter Cooper Village by Blackstone Group L.P. in 2015.
 

BXP $1B Financing of 601 Lexington Avenue in New York

Representation of BXP in connection with its $1 billion refinancing of 601 Lexington Avenue, a 59-story office tower (formerly known as the Citigroup Building) located in Midtown East, Manhattan. 

BXP $550M Financing of Colorado Center in Santa Monica, CA

Representation of BXP in connection with the $550 million financing of the Colorado Center, a 1.2 million-square-foot, Class A creative office campus in Santa Monica, California. BXP is the managing member of the joint venture which owns the property. BXP's joint venture partner is Teachers Insurance and Annuity Association of America, Inc. (TIAA). Representation included all matters related to the financing of the property.

BXP $215M Construction Financing of Boston's Atlantic Wharf

Representation of BXP in the $215M construction financing of Atlantic Wharf in Boston, Massachusetts.

BXP Construction Financing of the Podium and Residential Tower in the Hub on Causeway Development

Representation of BXP in the $204.6M and in the $180M construction financings of the Podium and Residential Tower, respectively, components of the Hub on Causeway development in Boston, Massachusetts.

BXP $185M Acquisition of Bay Colony Corporate Center in Boston

Representation of BXP in the $185M acquisition of Bay Colony Corporate Center in suburban Boston, Massachusetts, and in the related $144M loan assumption.

BXP Construction and Permanent Financing of Washington, D.C. Office Building

Representation of BXP in the $105M construction financing and in the $105M permanent financing of a prominent office building in Washington, D.C.

Beacon Capital Partners Nationwide Acquisition and Permanent Financings

Representation of Beacon Capital Partners in the acquisition and permanent financings of several properties located in Massachusetts, Virginia, Washington, D.C., New York, California, Illinois and Washington.

Beacon Capital Partners Acquisition and Financing of 30-Property Portfolio in D.C., Virginia and Seattle

Representation of Beacon Capital Partners in the acquisition and financing of a 30-property portfolio located in the District of Columbia, Virginia and Seattle consisting of over 11.5 million square feet of office space.

Beacon Capital Partners $750M Acquisition of New York Office Building

Representation of Beacon Capital Partners in the $750M acquisition of a prominent New York office building.

Tricon Residential $1.2B Acquisition Financing of Silver Bay Realty Trust

Representation of Tricon Residential in the $1.2B financing of its acquisition of Silver Bay Realty Trust Corp. 

Tricon Residential National Single-Family Rental Home Securitized Financings and Warehouse Credit Facilities

Representation of Tricon Residential in several securitized financings and warehouse credit facilities secured by single-family rental homes located throughout the United States.  

Educational Institution Permanent Financing of Office, Research, Laboratory, and Retail Buildings in Cambridge

Representation of premier educational institution in the permanent financing of several office, research, laboratory, and retail buildings in Cambridge, Massachusetts.

Jamestown Properties Acquisition Loan Assumption and Permanent Financing of the Innovation and Design Building in Boston

Representation of Jamestown Properties in the $64M acquisition loan assumption and in the $200M permanent financing of the Innovation and Design Building in Boston, Massachusetts.

Jamestown Properties $96.3M Acquisition Financing Office Building in Cambridge

Representation of Jamestown Properties in the $96.3M acquisition financing of a prominent office building in Cambridge, Massachusetts.