Carly Glover Saviano

Carly has advised on the following significant matters:

• Represented Harbor Group International, LLC, a privately owned international real estate investment and management firm, in its joint venture with Wakefield Residential, an affiliate of L.M.Sandler & Sons, a premier build-to-rent and multifamily development company, for the ground-up development of Egret Landing, a 198-unit single family rental community in Calabash, North Carolina.
• Represented Standard Real Estate Investments, LP, in its $150 million programmatic investment venture with GCM Grosvenor.
• Represented King Street Capital on its $240 million acquisition of a 15-acre site in downtown Los Angeles with joint venture partner East End Capital for redevelopment as a production studio with 17 soundstages and 400,000 square feet of office space.
• Represented Harbor Group International in the acquisition of a 36 apartment portfolio for $1.85 billion, the 5th largest apartment portfolio sale to date.
• Represented Harbor Group International in the acquisition and financing of 545 Washington Blvd.
• Represented Harbor Group International in the $370 million acquisition and financing of a portfolio of ten multifamily properties.
• Represented Paxion Capital in its acquisition, together with a group of investors comprised of Jim Davidson and Fritz Wolff, the founders of Paxion, among others, of a controlling stake in USAA Real Estate.
• Represented a preeminent hedge fund in the formation of multiple joint ventures to acquire, redevelop, and operate best-in-class movie and television production studios.
• Represented preeminent hedge fund in its joint venture to provide $210 Million in financing for One Clinton, a residential Condominium in Brooklyn Heights, NY.
• Represented a real estate private equity fund in the formation of multiple joint ventures with a world class real estate investment manager, to acquire vacant land located in Wichita, KS, Fort Wayne, IN and multiple locations in Mexico for development as build-to-suit warehouse facilities for an e-commerce business.
• Represented a real estate private equity fund in the negotiation of a programmatic joint venture with Middleburg Communities, a Virginia-based real estate investment, development, construction and management firm, to launch the development of “the Hamlet” branded single family residential communities.
• Represented Paramount Group, Inc. in the raising of $600 million worth of commitments for a co-investment fund called the Paramount Gateway Office Club.
• Represented Paramount Group, Inc. in a multi-layer recapitalization transaction to admit affiliates of SRE Group, Ltd., a Chinese investment company, and The John Buck Company, a Chicago-based developer, as partners to develop 75 Howard Street, a parking garage in San Francisco previously wholly owned by Paramount’s Residential Development Fund, into a 133 unit luxury condominium building on the waterfront.
• Represented The Generation Companies in its $215 million recapitalization and roll-up of four portfolios comprising 23 hotels, consolidating them into one portfolio with its new joint venture partner, a fund controlled by StepStone Real Estate Group.
• Represented Paramount Group, Inc. in its $112 million acquisition of a Class A landmarked office building in NOHO.
• Represented Hudson’s Bay Company in its €1.338 billion acquisition financing of the Galeria Kaufhof shopping center chain.
• Represented a family business in the sale of its interest in 817 Broadway, a 140,000-square-foot commercial building located at the corner of East 12th Street in Manhattan’s Greenwich Village.
• Represented a prominent real estate investment firm in its $170 million preferred equity investment in a multi-asset REIT.
• Represented Allianz Life Insurance of North America, the insurance giant, in its sale of a 7.97 million square-foot portfolio of industrial assets in the central New Jersey, Chicago, Dallas, Atlanta and Columbus markets.
• Represented Israeli insurance company in its negotiation of the framework of an investment platform with CIM.
• Represented Paramount Group Inc. in multiple preferred equity investments.
• Assisted Paramount Group, Inc. in its joint venture with a prominent Israeli insurance company and negotiation of a co-investment with the PA State Employees Retirement System, in connection with Paramount’s 2014 acquisition of 50 Beale Street, a Class A office building located in San Francisco.
• Represented a preeminent investment firm in its acquisition of a riverfront development site in Westchester County and related joint venture agreement.
• Represented a preeminent investment firm in a series of complex, multi-party transactions resulting in its acquisition of a portfolio of properties in South Carolina, Ireland and St. Kitts.
• Assisted Sunrise Senior Living Inc. in the acquisition of interests of multiple joint venture partners in a range of portfolios, and resale of certain interests to form new joint ventures for ownership in Sunrise managed properties.
• Represented Sunrise Senior Living in obtaining construction loan financing with respect to new assisted living facilities to be developed in California.
• Represented prominent media company in its acquisition of a $394.2 million California office building.
• Advised AmBase Capital in its joint venture investment in 111 West 57th Street, commonly known as the “Steinway” Building, a landmarked Manhattan building.
• Closed the acquisition, joint venture, private placement equity raise and financing arrangements for multiple hospitality and resort assets for private developer Scout Real Estate Capital.
• Represented L3C Partners in their acquisition of multifamily apartment buildings in St. Louis, MO and Baltimore, Maryland.
• Represented Lehman Brothers Holdings Inc. in the $61.25 million sale of a Class A office building in Fairfax, VA.
• Advised the majority lenders in a consortium of lenders to Kerzner International Limited with respect to the restructuring of the credit facility.