Preston Rose is a member of Winstead’s Real Estate Development & Investments Practice Group. Preston’s practice encompasses a wide range of commercial real estate transactions involving financing, development, leasing, acquisition and disposition of real property. Preston also represents clients in corporate matters.
Representative Experience
- Represented landowner in multi-phase sale and joint venture of over 1,000 acres of land to be developed as master planned communities and commercial properties, including representation of landowner in connection with purchaser’s assignment of the contract to private equity purchaser in multi-property portfolio deal
- Represented multifamily sponsor in acquisition of four-property portfolio in Houston, Texas, preparing and negotiating acquisition and entity documents
- Represented industrial developer in speculative development of 300,000 square foot industrial building (closing on the land, financing the construction, and the eventual sale of the development)
- Represented industrial developer in development of largest speculative manufacturing facility in Texas history (1,000,000+ square feet) and once leased, aided negotiations between landlord, tenant, equipment lender, and senior lender
- Represented equity investor in a preferred equity investment recapitalizing existing multifamily development
- Represented multifamily sponsor in deed-in-lieu acquisition assuming existing loan and negotiating the modification of the loan terms
- Represented Class A multifamily developer helping to refinance existing construction loan with permanent financing
- Represented real estate sponsor in loan workout and modification of existing loan
- Represented publicly traded company in divesture of legacy manufacturing and production assets
- Represented master-franchisee in Texas expansion of drive-thru coffee concept and negotiation of ground leases