Ms. Rabia has represented many clients in connection with the acquisition, financing, development and disposition of office buildings, hotels, resorts, senior living residences and residential developments, including TPG Capital, Formation Capital, RREEF America, ARES Management, Silverstein Properties, André Balazs, Ian Schrager, the Estate of Leona M. Helmsley, the Trump Group, SL Green Realty Corp. and The Hearst Corporation.
Ms. Rabia currently is representing The Shed, a not-for-profit corporation, in the development of a new state-of-the-art cultural facility in New York; Moynihan Station Development Corp. and Empire State Development Corp. in connection with the redevelopment of the Farley Post Office building and Moynihan Station in New York; and Silverstein Properties in connection with the formation of a new investment platform. Ms. Rabia recently advised TPG Capital in its approximately $450 million acquisition of Assisted Living Concepts, Inc., an owner and operator of 210 senior living residences in 20 states, and its $375 million acquisition of a national portfolio of light industrial properties; Formation Capital, LLC in connection with its $870 million acquisition of substantially all of the U.S. business of Extendicare Inc., a provider of senior care services, and Ares Management in the recapitalization of a development project in Maui, Hawaii. Other clients Ms. Rabia has advised include Genesis HealthCare in its combination with Skilled Healthcare Group, Inc. to create one of the largest post-acute care providers in the United States; Demoulas Supermarkets, Inc. in its $1 billion mortgage financing from Morgan Stanley Bank, N.A. and New York Life Insurance Company; Bank of America, N.A. in the acquisition and development of the bank’s New York City office headquarters; Alexandria Real Estate in its ground lease from the city of New York for the development of the East River Science Park, the first private bioscience project in New York City; Madison Square Garden in the development of a new sports and entertainment arena; a joint venture in the development of a mixed-use hotel, casino and retail project on the Cotai strip in Macau; and Silverstein Properties in connection acquisitions, dispositions and financings.
Ms. Rabia also represents numerous funds in connection with their formation, capital raising, subscription financing and restructurings, including Ares Management (formerly known as AREA Property Partners), RREEF America and BlackRock Realty, and advises major lending institutions, including Deutsche Bank and Fortress Investments, and borrowers in the origination of mortgage loans, securitized real estate loans, mezzanine loans, construction loans and unsecured revolving credit facilities.
In addition, Ms. Rabia represented Wenner Media, Inc. in a licensing agreement related to the development of hotels and casinos using the “Rolling Stone” brand; the New York Restoration Project, a not-for-profit organized by Bette Midler, in the acquisition and renovation of neglected parks; and the Lower East Side Tenement Museum, a not-for-profit museum, in connection with a bond financing. She also is representing Harlem RBI, a not-for-profit organization, in connection with the development of a new charter school. Ms. Rabia repeatedly has been included in The Best Lawyers in America, was included among Real Estate Forum’s 2016 Women of Influence and was named by the New York State Bar Association as a 2015 Empire State Counsel Honoree for performing more than 50 hours of pro bono work during the year.