Jack Creedon is global co-head of Ropes & Gray’s real estate investments and transactions group and co-lead of the firm’s infrastructure industry group. He represents real estate private equity funds, hedge funds, REITs, university endowments and other institutional investors in a wide variety of real estate transactional matters, including joint ventures and co-investments, real estate debt financings, distressed debt purchases and debt restructurings, complex acquisitions and dispositions, leasing (including sale-leasebacks) and ground-up development.
Jack was named as one of Real Estate Forum’s 50 Under 40, is ranked in Chambers USA, The Best Lawyers in America and The Legal 500 and has twice been named a Law360 Rising Star. Clients describe Jack as “a sharp young guy who's a very knowledgeable and creative real estate transaction lawyer” and laud Jack for the “unique set of knowledge he brings to deals” and praise his approach as “very responsive,” “very practical” and “very helpful.” (Chambers USA)
Jack has experience both domestically and internationally and has represented clients in transactions in Europe, Asia and throughout the United States.
Jack also works with Pine Street Inn, a national leader in the fight to end homelessness, on various real estate pro bono matters.
Experience
Jack has represented many of the world’s leading real estate private equity and hedge fund sponsors and other investors, including:
- A global investment manager in joint venture investments and joint venture and real estate fund recapitalizations involving more than $3 billion of senior living, industrial, office, hospitality and multi-family real estate assets located throughout the United States.
- A global hedge fund in connection with two-cross border joint ventures with AVAIO Digital Partners, each of which was formed to acquire, develop, construct and manage build-to-suit data center assets in the United States and Europe.
- One of the world's leading private equity sponsors in connection with the $1.8 billion sale of a portfolio of acute care hospitals located throughout the U.S., including the negotiation of a $1.4 billion sale-leaseback and mortgage financing with a public REIT that provided buyer financing for the transaction.
- A major real estate private equity firm in a programmatic joint venture to acquire, finance and develop cold storage facilities throughout the United States.
- Five Star Quality Care, Inc. (“FVE”), one of the largest, publicly traded operators of senior living communities in the U.S., in a $140 million sale-leaseback of 7 senior living facilities, including the restructuring of FVE’s long-term management contracts for such facilities.
- A collection of publicly traded REITs in a series of acquisitions of large Class A commercial, medical and government office buildings and senior living facilities totaling several million square feet across the U.S., and with a total acquisition value in excess of several billion dollars.
- An international private bank in connection with its anchor equity investment in a ~$1 billion real estate joint venture to develop a new Four Seasons luxury hotel and condominium project in Boston.
- A major hedge fund sponsor in a joint venture deal to acquire 5 Times Square in New York City for approximately $1.5 billion. In addition to negotiating the joint venture agreement, the transaction involved the transfer of a ground lease from the City of New York, the assumption of an approximately $1.1 billion CMBS mortgage loan and the defeasance and replacement of the existing mezzanine debt.
- A private equity investor in connection with a $500 million mortgage loan to Sears Holding Corporation secured by 24 owned real estate assets located throughout the U.S.