Troy McNamara

Ms. McNamara regularly represents clients in connection with financing transactions, including senior, mezzanine and construction loans; intercreditor agreements; note purchases; and loan restructurings and workouts. In addition, her practice includes advising on joint ventures, property acquisitions and dispositions, and development projects. In recognition of her work, Ms. McNamara was honored as one of Commercial Real Estate’s Aspiring Leaders of 2024 by GlobeSt.

Among many other clients, Ms. McNamara has represented:

• Silverstein Capital Partners, as lender, in connection with several mezzanine and senior construction loans for mixed-use development projects, including combinations of for-sale condominium units, rental apartments, retail, hotels, parking and offices, including:
  • $700 million senior and mezzanine construction loans for a hotel and residential condominium development in Bellevue, Washington
  • $80 million senior and mezzanine construction loans for a hotel and residential condominium development in Austin, Texas
  • $340 million senior and mezzanine construction loans for a hotel, office and residential condominium development in Miami
  • $118.5 million senior and mezzanine construction loans for hotel and residential condominium development in the Turks and Caicos Islands
  • the acquisition of a fully advanced $280 million senior construction loan for the One Clinton project in Brooklyn Heights, New York

• a sovereign wealth fund in its acquisition of the St. Regis Hotel and Park Lane Hotel in New York and a residential development in California
• Silverstein Properties, as borrower, in connection with multiple mortgage and mezzanine financings, such as a $150 million mortgage and mezzanine financing for 116 John Street in New York and a $430 million mortgage and mezzanine financing for the acquisition of the U.S. Bank Tower in downtown Los Angeles
• the sponsor of the Yotel New York hotel, as borrower, in connection with its mortgage and mezzanine financing for the hotel
• The Port Authority of New York and New Jersey in connection with its $13 billion plan to redesign John F. Kennedy International Airport
• SL Green Realty Corp. in its $3 billion refinancing of One Vanderbilt Avenue in New York, which was securitized in a single-asset, single-borrower agented commercial mortgage-backed securities transaction
• Fortress Investment Group in connection with:
  • the financing of a senior mortgage loan (i.e., note-on-note financing)
  • an equity investment and refinancing of a luxury condominium project in New York
• The We Company in various transactions, including the $850 million acquisition and financing, and subsequent disposition, of Lord & Taylor’s former New York flagship building at 424 Fifth Avenue