Jim Carroll's practice is concentrated in the areas of real estate finance and securitization. He represents national, international, and regional financial institutions, investment banks, pension funds, and investors in connection with the financing, acquisition, disposition and leasing of commercial office buildings, shopping centers, hotels, industrial warehouses, merchandise marts, multifamily housing, and residential and planned unit developments, including golf course developments. Jim also represents lenders in warehouse financing of real estate loans and the due diligence of these assets.
In addition, Jim has an active capital markets practice in mortgage loan conduit programs, mortgage pool purchases and sales, as well as multiple property and single-asset real estate securitizations. He led the firm's real estate representation of Confederation Life Insurance Company in its $2 billion real estate securitization, which was the largest deal of its kind consummated at the time and recognized as a "Deal of the Year" by Institutional Investor. He also headed the team that was recognized for "Deal of the Year" in 2006 for the Stuyvesant Town/Peter Cooper Village financing, the single largest property financing to date.
Jim has extensive experience in real estate workouts, foreclosures and bankruptcies. Such work includes assets such as hotels, offices, condominiums, multi-family, retail, golf course and industrial properties. Jim represents several special servicers and financial institutions in connection with distressed real estate assets.
Articles in the National Law Review database by James P. Carroll