Jessica Fluehr advises public and private clients, including corporate and institutional owners of large property portfolios, in connection with the acquisition, disposition, development, leasing, operation, and management of all types of commercial real estate assets. She has extensive experience representing borrowers in secured financing transactions (having represented borrower clients in more than US$125 billion in loan originations), including mortgage and mezzanine loan originations, assumptions, modifications, and workouts.
A trusted advisor to some of the largest real estate developers, investment managers, and real estate investment trusts (REITs) in the US, Jessica counsels her clients to achieve transformative goals on their most strategic and impactful projects from coast to coast. The portfolios and projects on which Jessica provides leading edge advice include marquee addresses in New York City, hospitality offerings, office and mixed-use developments, and destination shopping centers across the country.
- Represented commercial real estate owners, operators, and developers in connection with more than 100 loan originations. The transactions have included construction, acquisition, bridge, and permanent financings, with mortgage and mezzanine loan components
- Represented borrower in a US$1.5 billion CMBS loan secured by the Metropolitan Life Insurance Company building in New York City
- Counsel to a publicly traded REIT in a single asset, US$540 million (in the aggregate) CMBS mortgage and mezzanine loans secured by leading retail center in Brooklyn
- Represented a publicly held shopping center REIT in connection with its disposition of a joint venture interest in a leading retail center in New York City to a foreign pension fund (requiring the formation of two private, domestically-controlled REITs and a complete restructuring of ownership and property management)
- Counsel to a REIT focused on owning and operating industrial assets, in connection with the financing of three single credit tenant-leased properties
- For 17 years, Jessica has been counsel to a publicly traded shopping center REIT in connection with various aspects of its operational, development, and financing needs. She has assisted the company with financing transactions involving construction loans, permanent loans, and securitized and corporate credit facilities. Jessica has also represented the company in acquisitions and advised on numerous proposed redevelopment activities undertaken by the company.
- Represented a real estate investor and developer in construction mortgage and mezzanine loans (US$288 million in the aggregate) for the development of a mixed-use condominium, office, and marina project in Boston
- Represented a shopping center REIT in its US$450 million financing of a leading retail shopping center in Northern California
- Advised a privately held REIT with its acquisition and redevelopment financings in connection with a mixed-use retail center in Washington, DC
- Represented a foreign investment management company in its acquisition financing of the Fairmont hotel in San Francisco
- Counsel to a privately held real estate investment company in its annual REIT Class A preferred interest offerings over several years
- Counsel to multiple non-profit corporations, including religious institutions, in connection with the acquisition, disposition, leasing, redevelopment, and repositioning of their real estate assets
- Represented the seller of 11 Madison in Manhattan (including the defeasance of the existing financing encumbering the property) (US$2.8 billion total deal value)
- Counsel to a Wall Street investment banking firm in connection with the acquisition, DST ownership structure, and financing of a national portfolio of retail single-tenant leased properties
- Represented an institutional landlord with respect to leases in its commercial office campus in Southern California
- Represented the buyer in its acquisition of a condominium ski resort project in Park City, Utah
- Counsel to a publicly traded corporation with respect to the sale of environmentally-impaired industrial property in Southern California
Admissions
Bar Admissions
- California
Education
- University of Southern California, J.D.
- University of California at Los Angeles, B.A., Political Science
Professional Activities
Member
- California State Bar Association
- The Bar Association of San Francisco
- American Bar Association
- Energy Editorial Board, Law360