Stacy Ann Osmond

Partner

Admitted in Minnesota and Illinois

About

Bar admissionsIllinoisMinnesota

Recent Transactional Experience

Advised a joint venture with an institutional investor on the structuring and execution of a US$2 billion, multi-building data center project, including complex land structuring considerations and lease negotiations
Represent a developer in joint venture negotiations relating to a proposed 1,000+ acre, 1+GW multi-building, multi-phase data center project
Represented a joint venture, as landlord, in a powered shell lease of 160 megawatt
Represented a national data center operator in the negotiation of a 12 megawatt MSA
Represented a customer in the simultaneous negotiation of 10 separate MSA/leases in different facilities for a time sensitive expansion

Represented a publicly traded real estate investment trust (REIT) in connection with commercial mortgage-backed securities (CMBS) acquisition financing in excess of US$400 million
Led the real estate team in connection with a financial and corporate restructuring of Pennsylvania Real Estate Investment Trust (now PREIT Realty). Through the restructuring effort, PREIT reduced its total debt by approximately US$835 million through the second lien debt for equity swap, extended its senior facility maturity runway, and received commitments of new money exit revolver financing (in addition to debtor-in-possession financing) from a group of investors
Represented an institutional owner of multifamily housing communities in Freddie Mac loans in excess of US$180 million
Represented an institutional owner of manufactured housing communities in a Fannie Mae facility in excess of US$275 million
Represented a real estate investment fund in connection with a portfolio Fannie Mae transaction relating to more than 20 properties located throughout the United States

Represent a leading Chicago-based real estate developer and operator in connection with various acquisitions, financings, joint ventures, developments, and dispositions of multi-family assets and medical office buildings throughout the United States, including a $70 million multi-family complex in Chicago suburbs
Represented a Chicago-based developer in connection with the ground lease and redevelopment of a historic, landmark building in Chicago, Illinois
Represented the buyer/landlord in a four-mall portfolio in a sale/leaseback transaction and capitalization structuring
Represented a municipality in connection with the acquisition, sale and redevelopment of a closed enclosed mall

Represented an international investment fund in joint ventures for investments in multi-family development and value-add transactions ranging from US$10 million to US$50 million (including portfolio transactions)
Represented limited investors in negotiations of operating agreements and side letters with respect to single entity investments and fund investments
Represented a Chicago-based developer in the acquisition and financing of a condominium building and related joint venture
Represented multiple investment funds in negotiations of operating agreements, subscription agreements and side letters and analyzing related corporate and real property due diligence

Represented a manufacturer in a complicated ground lease and building lease structure for the build-to-suit construction of a $24M manufacturing facility
Represented a renowned co-working company in negotiating significant new leases throughout the United States
Represented a landlord in connection with the leasing of prime retail space in a landmark Chicago building
Represented the landlords of multiple Chicago office buildings in negotiating new leases and amendments to existing leases
Represent Fortune 500 companies in office lease negotiations
Represented tenants in a full variety of leasing transactions around the United States, including office, retail, manufacturing and warehouse
Advised tenants with respect to sublease arrangements, termination agreements and lease restructuring

Awards