Overview
Robert (Bob) Unger focuses his practice on highly structured commercial real estate finance, mergers and acquisitions, secured lending, including repurchase, warehouse and other liquidity facilities for lending clients, equipment finance, and corporate and transactional matters for both private and public companies.
Bob’s clients include financial institutions, private equity firms, investment banks, investment opportunity funds, mortgage REITs, equipment leasing companies, debt and equity investors in real estate ventures and equipment and project finance transactions, and operating companies in fields as wide-ranging as real estate management, systems logistics and media.
Bob has extensive experience in joint ventures and their financing to acquire, manage and trade performing and non-performing loan portfolios and other real estate assets. He regularly counsels clients on an array of matters, including portfolio management, asset acquisitions and dispositions, real estate M&A transactions, capital equipment acquisitions and finance, and all aspects of asset-based finance.
Results
- Represented a mortgage lending client in restructuring more than $1.5 billion of warehouse lending capacity to accommodate its IPO and subsequent REIT election*
- Represented a major New York landlord and investor in the sale and separation from its joint venture partner in the ownership of 11 Madison Avenue for more than $2.5 billion in the largest office transaction in US history at the time*
- Represented a mortgage REIT in its participation in the approximately $1 billion financing for the completion of the mixed retail/condo development known as Central Park Tower on West 57th Street and a related $450 million repurchase facility for that asset and others*
- Represents major international financial institutions and private equity firms in joint ventures and purchase money financing for the sale or acquisition of European and other non- and sub-performing mortgage loan portfolios in transactions of more than $1 billion each*
- Represented a private equity firm in a private placement to raise $100 million of mezzanine financing for a related venture to acquire a multi-state portfolio of net-leased retail properties*
*Matter handled prior to joining McDermott.
Community
- American Bar Association, member
- ABA Forum on Entertainment and Sports Industries, member
Credentials
Education
Brooklyn Law School, JD, 1978
Boston University, BFA, 1975
Admissions
New York
