Anthony J Colletta
(The following information was supplied by the firm)
Anthony J. Colletta handles commercial real estate matters, private equity fund formation and transactional work, senior and mezzanine financings, real estate workouts and restructurings, joint ventures, mergers and acquisitions and general corporate matters. He has worked on the formation and fund-raising of numerous private equity funds focused on real estate and real estate credit, and has represented these funds in their investing and financing activities. Mr. Colletta also has extensive transactional experience involving the purchase, development and disposition of real estate assets, portfolios and companies throughout the United States, as well as in Europe, Asia and Latin America.
Since January 2017, Mr. Colletta has advised on a wide range of sale transactions, financings, joint ventures and developments, including:
- Affiliates of The Goldman Sachs Group, Inc. in acquiring over $5 billion of residential, industrial, student housing and multifamily properties, including (a) several large portfolios of industrial properties in partnership with Dalfen Industrial, (b) office portfolios with Unico Investment Group in Seattle and Denver and with MRP Realty in Philadelphia, (c) numerous portfolios of rent-regulated multifamily properties in Northern CA in partnership with Ballast Investments, (d) office campuses in CA and Colorado in partnership with Hines, (e) more than a dozen student housing projects in various partnerships, including with Core Spaces, Landmark Properties and Greystar, (f) 351 California Street in San Francisco in partnership with Tidewater Capital and (g) an office campus in Mountain View with TMG Partners.
- Cedar Capital Partners USA in two joint ventures with affiliates of Westdale Construction Co. and King Street Capital Management to acquire the Shelborne South Beach, a hotel located in Miami Beach, Florida, and adjacent condominium units, and the financing of that acquisition by Goldman Sachs Bank.
- The Goldman Sachs Group, Inc. in its acquisition, development and financing of 12 East 12th Street in Manhattan, in partnership with William Macklowe.
- Broad Street Principal Investments, L.L.C. (“BSPI”), a subsidiary of S&C client The Goldman Sachs Group, Inc., in dozens of real estate development joint ventures throughout the United States, including (a) with Lincoln Property Company to develop office buildings in Dallas and Austin, Texas, Charlotte, North Carolina, and Phoenix, Arizona, (b) with Prime West to develop an office project in Denver, Colorado, (c) with Hines and Pearlmark, to develop an office complex in San Mateo, California, (d) with Trammel Crow Residential, to develop multifamily and mixed-use projects in and around Atlanta, Georgia, Richardson, Texas and Dallas, Texas, (e) with Alliance Residential, to develop residential complexes in and around Dallas, Texas, Denver, Colorado and Atlanta, Georgia, (f) with Lennar Corporation, to acquire and finance multifamily and mixed use developments in and around Seattle, Washington and Denver, Colorado and (g) with Wood Partners, to acquire seven projects in total, including multifamily and mixed use developments located in and around Atlanta, Georgia, Fort Worth, Texas, San Diego, California, and Salt Lake City, Utah. In a number of those cases, Mr. Colletta was also the lead lawyer in handling the construction financing for those development projects.
- BSPI in its acquisition, through a joint venture with the Aruba Growth Fund and other investors, of the Radisson Hotel in Aruba in a transaction valued at over $100 million. Mr. Colletta also represented BSPI in its negotiation of a joint venture agreement with the co-investors and is currently representing the joint venture in obtaining mortgage financing for the hotel.
- Broad Street Real Estate Credit Partners in originating over $2.5 billion of mortgage and mezzanine loans on properties throughout the United States, as well as in Mexico and Europe, including (i) two separate construction loan to finance the development of the Montage Hotels in Healdsburg CA and Los Cabos Mexico, (ii) a mezzanine loan to Blackstone Real Estate Partners on an office building portfolio acquired from GECC, (iii) a mezzanine loan for the development of a mixed use project known as Vista Tower on E. Wacker Dr. in Chicago and (iv) mortgage loans on (a) the St. Regis Washington D.C., (b) the Manhattan Times Square Hotel, (c) The Thompson Hotels in Nashville and Seattle, (d) a residential condominium development project located at 41 East 22nd Street in Manhattan and (e) a portfolio of four hotels in Manhattan.
- PointState Capital in its 2018 acquisition of two hotels in Buenos Aires (the Sheraton and Park Tower).
- TABLE Holdings, a private investment fund controlled by a hedge fund manager, in the acquisition of numerous investments, including (i) the redevelopment of the Chelsea Hotel in Manhattan, (ii) a portfolio of properties in Philadelphia, (iii) hotels in Orlando, California and Burbank, California and (iv) a large residential development project as well as a development site, both in Northern New Jersey.