Troy McNamara

Ms. McNamara regularly represents clients in connection with financing transactions, including senior, mezzanine and construction loans; intercreditor agreements; note purchases; and loan restructurings and workouts. In addition, her practice includes advising on joint ventures, property acquisitions and dispositions, and development projects. Among many other clients, Ms. McNamara has represented:

• Silverstein Capital Partners, as lender, in connection with several mezzanine and senior construction loans for mixed-use development projects, including combinations of for-sale condominium units, rental apartments, retail, hotels, parking and offices, including:
  • $700 million senior and mezzanine construction loans for a hotel and residential condominium development in Bellevue, Washington
  • $80 million senior and mezzanine construction loans for a hotel and residential condominium development in Austin, Texas
  • $340 million senior and mezzanine construction loans for a hotel, office and residential condominium development in Miami
  • $118.5 million senior and mezzanine construction loans for hotel and residential condominium development in the Turks and Caicos Islands
  • the acquisition of a fully advanced $280 million senior construction loan for the One Clinton project in Brooklyn Heights, New York

• a sovereign wealth fund in its acquisition of the St. Regis Hotel and Park Lane Hotel in New York and a residential development in California
• Silverstein Properties, as borrower, in connection with multiple mortgage and mezzanine financings, such as a $150 million mortgage and mezzanine financing for 116 John Street in New York and a $430 million mortgage and mezzanine financing for the acquisition of the U.S. Bank Tower in downtown Los Angeles
• the sponsor of the Yotel New York hotel, as borrower, in connection with its mortgage and mezzanine financing for the hotel
• The Port Authority of New York and New Jersey in connection with its $13 billion plan to redesign John F. Kennedy International Airport
• SL Green Realty Corp. in its $3 billion refinancing of One Vanderbilt Avenue in New York, which was securitized in a single-asset, single-borrower agented commercial mortgage-backed securities transaction
• Fortress Investment Group in connection with:
  • the financing of a senior mortgage loan (i.e., note-on-note financing)
  • an equity investment and refinancing of a luxury condominium project in New York
• The We Company in various transactions, including the $850 million acquisition and financing, and subsequent disposition, of Lord & Taylor’s former New York flagship building at 424 Fifth Avenue