Jeffrey Page
Partner
Overview
Jeffrey S. Page is real estate attorney in Holland & Knight's New York office, where he focuses his practice on a wide range of real estate and commercial finance matters. He serves institutional lenders across the country and internationally, handling transactions involving virtually every type of real estate asset. He is experienced in all facets of real estate lending, including structuring the capital stack, advising on intercreditor and participation issues, drafting and negotiating documents and navigating distressed loan workouts. His practice includes loans originated to be held on the balance sheet, to be syndicated (ranging from small facilities with several lenders to large facilities with dozens of lenders), to be securitized through commercial mortgage-backed securities (CMBS) and loans originated for collateralized loan obligation (CLO) securitization.
In addition, Mr. Page is an experienced loan restructuring lawyer. While working for a major European bank, he was responsible for managing more than $6 billion of distressed loans. His work with distressed loans includes secured, term and construction loans across assets classes (hotels, office, warehouse and residential), as well as unsecured commercial loans.
Mr. Page's experience ranges from loans requiring minor modifications to loans in full default, including for borrowers in bankruptcy, the takeover of construction projects, foreclosures and other realization on collateral, and participation in creditor's committees. In addition, he has significant experience with troubled syndicated loans with bank groups ranging from a few banks to loans with more than 180 banks requiring several levels of lender committees to address the various voting thresholds in loan documents.
Mr. Page is a proponent of using technology to drive efficiencies for clients and has used it in connection with portfolios of troubled loans as well as for new loan closings. In addition, he leverages document automation and other technologies to gain additional efficiencies.
Prior to joining Holland & Knight, Mr. Page held leadership roles in the real estate finance and distressed office building practices for a national law firm in its New York office.
Representative Experience
- Represented the administrative agent on a $300 million construction loan for a hotel in Florida
- Represented the originating lender on a $245 million office loan in New York (included A/B and mezzanine components)
- Represented the lender on a $150 million hotel/golf course construction loan in Florida
- Represented the credit enhancer on a $72 million 80/20 credit facility in New York
- Represented the lender on a $78 million residential loan with historic tax credits in New York
- Represented the lender on a $22 million office loan in New Jersey
- Represented the lender on a $100 million mezzanine loan secured by cash flow pledges from four regional malls
- Represented the lender on a $48 million note-on-note loan secured by an underlying multifamily mortgage loan
- Represented the lender on multiple loans secured by portfolios of single-family rental properties throughout the South and Southwest
- Represented the administrative agent on a $700 million loan secured by a portfolio of industrial properties located throughout the U.S.
- Represented the administrative agent on a $2.6 billion multi-lender corporate facility for a retail real estate investment trust (REIT)
- Represented the administrative agent on a $1.5 billion multi-lender senior secured portfolio loan for a retail REIT
- Represented the lender on an $80 million senior loan and $35 million mezzanine loan on a condo/hotel construction project in Florida
- Represented the lender on an $80 million condominium construction loan in Massachusetts
- Represented on a $180 million multi-lender resort hotel/residential construction loan in Arizona
- Represented the senior lender on a $200 million A-note, $135 million B-note and $30 million C-note on a condo/hotel conversion loan in New York
- Represented the administrative agent on a $290 million secured by an office building in California
- Represented the lender on a $50 million senior assisted care credit facility in Louisiana
Credentials
- Seton Hall University School of Law, J.D., magna cum laude
- Pennsylvania State University, B.A., cum laude
- New York
- New York State Bar Association
- The Legal 500 USA, Real Estate and Construction – Real Estate, 2019; Real Estate – Real Estate, 2019; Real Estate – Real Estate Finance, 2022