Ms. Chae's practice includes property acquisitions and sales, leasings, financings, partnership and joint venture formations, reorganizations, and public and private placements of various types of real estate securities. Her clients have included buyers, sellers, landlords, tenants, borrowers and lenders, with a particular emphasis on the representation of REITs.
For example, Ms. Chae has represented:
AustralianSuper Pty Ltd. in its partnership with General Growth Properties, Inc. to own and operate the $5.5 billion Ala Moana Center mall in Honolulu;
QIC Limited in its:
- joint venture with Forest City Enterprises, L.P. to invest in a portfolio of eight regional
shopping malls valued at $2.05 billion; and
- acquisition of Forest City Enterprises, L.P.’s ownership interest in 10 regional malls and
its retail operating platform (including most personnel) for $1.6 billion;
Nationwide Health Properties, Inc. in its $7.4 billion acquisition by Ventas, Inc.; and a multiyear transaction valued at $1.75 billion with Pacific Medical Buildings LLC;
Westfield America, Inc. in its formation of a $4.8 billion joint venture with Canada Pension Plan Investment Board for 12 of Westfield’s shopping centers in the U.S.; and structuring and effecting the acquisition of shopping center properties;
Apartment Investment and Management Company in acquiring other REITs and in selling, acquiring, financing, managing and structuring equity interests in portfolios of private and public partnerships and apartment projects;
Alexandria Real Estate Equities, Inc. in acquiring, financing and structuring interests in properties to be used for life-science purposes;
DLJ Real Estate Capital Partners, L.P. in a ground lease, development and financing of a 1 million square foot mixed-use project in Hollywood, Calif.; and
ECHO Realty, L.P. in acquiring retail properties in exchange for common operating partnership units in ECHO.
Ms. Chae’s representations also include DEXUS Industrial Properties, Inc.; The RMR Group LLC and Senior Housing Properties Trust; M. David Paul & Associates and Centurion Real Estate Partners, LLC; André Balazs and The Standard Hotel; NorthStar Capital and Koll Development Company; and Bristol Farms.
Ms. Chae has been recognized as a Key Individual in Chambers Global’s Investment Funds: Real Estate section and in Chambers USA. She also has been recommended by The Legal 500 for both REITs and Real Estate, IFLR1000 and repeatedly named one of Real Estate Forum’s Women of Influence. Ms. Chae has been named a Top Women Lawyer and Top Real Estate Attorney by the Daily Journal, and she was included among the Los Angeles Business Journal’s list of Who’s Who in L.A. Real Estate Law.