Reit Magazine - March/April 2021 - 7

Selection of 2020 REIT Capital Markets and M&A Transactions
Latham & Watkins is a leader in REIT transactions. We have worked on some of the most prominent and sophisticated
deals in the market. Latham's strong transactional corporate and tax practices, together with its finance and real estate
capabilities, produce a transactional team that has expertise in all phases of REIT work.
Ares Management Corporation
US$2,500,000,000

Host Hotels & Resorts, Inc.
US$600,000,000

Redwood Trust, Inc.
US$175,000,000

Acquisition by Pretium and a group of its investors
and funds managed by Ares Management Corporation
of Front Yard Residential Corporation, a provider of
single-family housing

3.5% Series I Senior Notes due 2030 and concurrent
Tender Offer to purchase for cash all outstanding
Series C Senior Notes

At the Market Offering of up to US$175 million Shares
of Common Stock listed on the NYSE

AGRO Merchants Group
US$1,740,000,000
Sale of AGRO Merchants Group to Americold
Realty Trust

Special Committee of the Board of Directors
of Cole Office & Industrial REIT, Inc.
US$1,200,000,000
Acquisition by Griffin Capital Essential Asset REIT, Inc.
of Cole Office & Industrial REIT (CCIT II)

Kilroy Realty Corporation
US$494,500,000
5,750,000 Shares of Common Stock listed on the
NYSE, all of which were offered in connection with a
forward sale agreement

US$425,000,000
2.5% Senior Notes of Kilroy Realty, L.P. due 2032

Kimco Realty Corporation
US$500,000,000
3.7% Notes due 2049

CoreSite Realty Corporation
US$150,000,000

US$400,000,000
1.9% Notes due 2028

3.75% Senior Notes due 2027

US$255,500,000
Block Trade of 2,000,000 Shares of Common Stock
listed on the NYSE

US$313,090,000
Block Trade of 2,620,000 Shares of Common Stock
listed on the NYSE

CyrusOne Inc.*
US$551,535,475
1.45% Senior Notes due 2027

US$750,000,000
At the Market Offering of up to US$750 million Shares
of Common Stock listed on Nasdaq

Digital Realty Trust, Inc.
€1,700,000,000
0.125% Guaranteed Notes due 2022; 0.625%
Guaranteed Notes due 2025; and 1.5% Guaranteed
Notes due 2030 of Digital Dutch Finco B.V., a wholly
owned subsidiary of Digital Realty Trust, L.P.

US$8,400,000,000
Acquisition of InterXion, N.V., creating a leading
European provider of data center, colocation, and
interconnection solutions

Lineage Logistics, LLC
US$111,860,000
Mortgage loan financing for 10 cold storage warehouse
properties located in New York, Texas, Oregon, and
Utah

Confidential

Confidential
Chapter 11 cases of Sears Holdings Corporation

US$2,000,000,000
3.5% Notes due 2025; 2.65% Notes due 2030; and
3.8% Notes due 2050 of Simon Property Group, L.P.

US$1,604,968,750
22,137,500 shares of Common Stock listed on the
NYSE

Spirit Realty Capital
US$350,000,000
Term loan facility for Spirit Realty, L.P.

US$343,620,000
9,200,000 shares of Common Stock listed on the
NYSE, all of which were offered in connection with a
forward sale agreement

US$450,000,000

Confidential

Revolving credit facility for Sunstone Hotel
Partnership, LLC

Acquisition of Emergent Cold, a provider of cold
storage and distribution services

Confidential
Acquisition of Henningsen Cold Storage, a public
refrigerated warehousing company

3.2% Senior Notes of Spirit Realty, L.P. due 2031

Sunstone Hotel Partnership, LLC
US$925,000,000

Ventas, Inc.
US$500,000,000
4.75% Senior Notes due 2030

US$236,313,000

MGM Growth Properties LLC*
US$1,350,000,000
Revolving credit facility for MGM Growth Properties
Operating Partnership LP

US$800,000,000
4.625% Senior Notes due 2025

US$750,000,000

1.25% Guaranteed Notes due 2031

3.875% Senior Notes due 2029

Essential Properties Realty Trust, Inc.*
US$199,962,000

Park Intermediate Holdings LLC (Park Hotels
& Resorts, Inc.)*
US$650,000,000
7.5% Senior Secured Notes due 2025

US$250,000,000
At the Market Offering of up to US$250 million Shares
of Common Stock listed on the NYSE

Acquisition of 80% stake in Taubman Centers and a
related joint venture

Acquisition of Maines Paper & Food Service, a
producer and distributor of meat, fruits, vegetables,
dairies, beverages, and seafood. The loan-to-own
assets were acquired through strict foreclosure
agreement

€700,000,000

7,935,000 Shares of Common Stock listed on the
NYSE

Simon Property Group, Inc.
US$3,400,000,000

Realty Income Corporation
US$600,000,000

Tender offer for any and all of the Issuers' outstanding
3.25% Senior Notes due 2022

Xenia Hotels Resorts, Inc.
Confidential
Sale of a seven-hotel portfolio consisting of seven
Kimpton-managed hotels, including Canary Hotel
Santa Barbara, Hotel Monaco Chicago, Hotel Monaco
Denver, Hotel Monaco Salt Lake City, Hotel Palomar
Philadelphia, Lorien Hotel & Spa in Alexandria,
Virginia, and RiverPlace Hotel in Portland, Oregon

US$300,000,000
6.375% Senior Secured Notes due 2025 by XHR LP,
Xenia's operating subsidiary

US$200,000,000
6.375% Senior Secured Notes due 2025 by XHR LP,
Xenia's operating subsidiary

3.25% Notes due 2031

Essex Property Trust
US$500,000,000

* Latham represented the underwriters or lenders.

US$801,090,000

2.65% Senior Notes of Essex Portfolio, L.P. due 2032

10,350,000 Shares of Common Stock listed on the
NYSE

US$158,490,000

US$1,000,000,000

2.65% Senior Notes of Essex Portfolio, L.P. due 2032

Four Corners Property Trust, Inc.
US$75,000,000
3.2% Senior Notes due 2030

US$50,000,000
3.15% Senior Notes due 2029

US$150,000,000
Strategic venture with Lubert-Adler Real Estate Funds

Commercial paper facility that is backed by Realty
Income's US$3 billion revolving credit facility

For more information on our REIT industry group, please contact:

Julian Kleindorfer, Partner

Ana O'Brien, Partner

T: +1.213.891.8371
E: julian.kleindorfer@lw.com

T: +1.213.891.8721
E: ana.o'brien@lw.com

Latham & Watkins operates worldwide as a limited liability partnership organized under the laws of the State of Delaware (USA) with affiliated limited liability partnerships conducting the practice in France, Hong Kong, Italy, Singapore, and
the United Kingdom and as an affiliated partnership conducting the practice in Japan. Latham & Watkins operates in South Korea as a Foreign Legal Consultant Office. Latham & Watkins works in cooperation with the Law Office of Salman
M. Al-Sudairi in the Kingdom of Saudi Arabia. © Copyright 2021 Latham & Watkins. All Rights Reserved.



Reit Magazine - March/April 2021

Table of Contents for the Digital Edition of Reit Magazine - March/April 2021

Contents
Reit Magazine - March/April 2021 - Cover1
Reit Magazine - March/April 2021 - Contents
Reit Magazine - March/April 2021 - 1
Reit Magazine - March/April 2021 - 2
Reit Magazine - March/April 2021 - 3
Reit Magazine - March/April 2021 - 4
Reit Magazine - March/April 2021 - 5
Reit Magazine - March/April 2021 - 6
Reit Magazine - March/April 2021 - 7
Reit Magazine - March/April 2021 - 8
Reit Magazine - March/April 2021 - 9
Reit Magazine - March/April 2021 - 10
Reit Magazine - March/April 2021 - 11
Reit Magazine - March/April 2021 - 12
Reit Magazine - March/April 2021 - 13
Reit Magazine - March/April 2021 - 14
Reit Magazine - March/April 2021 - 15
Reit Magazine - March/April 2021 - 16
Reit Magazine - March/April 2021 - 17
Reit Magazine - March/April 2021 - 18
Reit Magazine - March/April 2021 - 19
Reit Magazine - March/April 2021 - 20
Reit Magazine - March/April 2021 - 21
Reit Magazine - March/April 2021 - 22
Reit Magazine - March/April 2021 - 23
Reit Magazine - March/April 2021 - 24
Reit Magazine - March/April 2021 - 25
Reit Magazine - March/April 2021 - 26
Reit Magazine - March/April 2021 - 27
Reit Magazine - March/April 2021 - 28
Reit Magazine - March/April 2021 - 29
Reit Magazine - March/April 2021 - 30
Reit Magazine - March/April 2021 - 31
Reit Magazine - March/April 2021 - 32
Reit Magazine - March/April 2021 - 33
Reit Magazine - March/April 2021 - 34
Reit Magazine - March/April 2021 - 35
Reit Magazine - March/April 2021 - 36
Reit Magazine - March/April 2021 - 37
Reit Magazine - March/April 2021 - 38
Reit Magazine - March/April 2021 - 39
Reit Magazine - March/April 2021 - 40
Reit Magazine - March/April 2021 - 41
Reit Magazine - March/April 2021 - 42
Reit Magazine - March/April 2021 - 43
Reit Magazine - March/April 2021 - 44
Reit Magazine - March/April 2021 - 45
Reit Magazine - March/April 2021 - 46
Reit Magazine - March/April 2021 - 47
Reit Magazine - March/April 2021 - 48
Reit Magazine - March/April 2021 - 49
Reit Magazine - March/April 2021 - 50
Reit Magazine - March/April 2021 - 51
Reit Magazine - March/April 2021 - 52
Reit Magazine - March/April 2021 - 53
Reit Magazine - March/April 2021 - 54
Reit Magazine - March/April 2021 - 55
Reit Magazine - March/April 2021 - 56
Reit Magazine - March/April 2021 - 57
Reit Magazine - March/April 2021 - 58
Reit Magazine - March/April 2021 - 59
Reit Magazine - March/April 2021 - 60
Reit Magazine - March/April 2021 - 61
Reit Magazine - March/April 2021 - 62
Reit Magazine - March/April 2021 - 63
Reit Magazine - March/April 2021 - 64
Reit Magazine - March/April 2021 - 65
Reit Magazine - March/April 2021 - 66
Reit Magazine - March/April 2021 - 67
Reit Magazine - March/April 2021 - 68
Reit Magazine - March/April 2021 - 69
Reit Magazine - March/April 2021 - 70
Reit Magazine - March/April 2021 - 71
Reit Magazine - March/April 2021 - 72
Reit Magazine - March/April 2021 - Cover3
Reit Magazine - March/April 2021 - Cover4
https://www.nxtbookmedia.com