Page Brings Financial Institution and Real Estate Finance Experience
(March 6, 2013, New York, NY) – Reed Smith LLP today announced that Jeffrey S. Page has joined the firm’s Financial Industry Group (FIG) in the New York office. Mr. Page was formerly a partner at Riemer & Braunstein LLP in New York. “Lending activity is steadily increasing as U.S. financial markets continue to experience an uptick in activity, and the addition of a lawyer of Jeff’s caliber underscores our commitment to addressing the constantly evolving needs of our clients,” said Perry Napolitano, Chair of Reed Smith’s Financial Industry Group.
“He brings a wealth of transactional experience, particularly involving commercial real estate, and he is a tremendous addition to the New York office, as well as the group.”
Mr. Page’s practice is focused on commercial real estate transactions. He handles a broad range of transactions for institutional clients, including the representation of financial institutions in multi-lender real estate finance and workout transactions on a national basis. He is well-known for successfully representing bank groups of up to 150 lenders.
“With an established and robust real estate practice comprised of more than 100 attorneys, offices in all key financial markets, and exceptional capital markets capabilities relating to real estate, Reed Smith has every resource I need to grow my practice and at the same time provide services to the firm’s current clients,” said Mr. Page.
“I am excited to join the rapidly expanding New York office and look forward to joining an exceptionally talented team of financial services lawyers.”
Mr. Page’s experience includes handling all aspects of structuring and closing real estate finance transactions, including legal structuring of loans, working with credit officers to structure around particular concerns, and drafting and negotiating loan documents. His practice has included the handling, closing and sale of several billion dollars of CMBS loans, as well as real estate workouts and restructurings, with direct involvement in troubled loans with an aggregate value of more than $6 billion.
He has served as a lead negotiator for restructuring and foreclosing multi-tranched mortgage loans; corporate loans to REITs and other holding companies; mezzanine loans for hotels, retail properties, condominium properties, office properties, land, corporate facilities; and construction loans.Prior to joining Riemer & Braunstein, Mr. Page was an Executive Director with Eurohypo AG’s New York Branch from 2003 to 2009, where he was primarily responsible for developing that bank’s syndicated loan documentation programs, including senior secured term loans, construction loans, corporate loans, mezzanine loans, co-lender agreements, and intercreditor agreements, as well as for maintaining and updating Eurohypo’s CMBS loan documentation program. Before joining Eurohypo, he was an associate at Shearman & Sterling
“Jeff is a consummate New York lawyer, with strong connections to the city and greater New York metropolitan region,” said Edward Estrada, Reed Smith’s New York Office Managing Partner. “He is well known in the financial services sector, and a heavy hitter in real estate finance, both of which are among the firm’s core practices and key areas of strategic growth.”
Reed Smith’s 200-plus member Financial Industry Group is one of the largest global practices dedicated to clients in the financial sector. I t represents nine of the 10 top U.S. banks, as well as the top 10 banks in Europe and the top 10 banks in Asia.Reed Smith advises domestic and global banks, insurance companies, credit card companies, mortgage bankers, investment banks, and investment management companies and advisors. It leverages the skills of its financial litigation, finance and lending, investment management, financial regulatory, commercial restructuring and bankruptcy, and M&A practices to serve clients in multiple jurisdictions.