Katten
Lawyers
Andrew Jagoda
- Phone+1.212.940.8520
- Email[email protected]
- Profilekatten.com
Work Department
Real Estate
Position
Andrew Jagoda advises clients that finance, buy, sell, build, lease and manage real estate properties in all asset classes. He also has extensive experience representing both lenders and borrowers in workouts and restructurings. Having assisted both the US government and the government of the People's Republic of China in disposing of billions in real estate assets, he is prepared to handle the most challenging transactions. Andrew is the co-chair of Katten's New York Real Estate Department and a member of Katten's board of directors.
Andrew is the quintessential real estate lawyer for all asset classes and all business cycles. He advises clients on transactions involving large office buildings, hotels, retail centers, industrial facilities and multifamily properties, both on an individual property and a portfolio basis. He has represented lenders in a variety of loan transactions, including construction loans, multiproperty financings, mezzanine loans and ground lease mortgage loans (involving both fee and leasehold positions). He also has considerable experience representing lenders with the workout, restructuring and foreclosure of real estate and construction mortgage loans. Andrew also represents property owners in the acquisition, sale and development of property, including the negotiation of construction contracts, as well as the acquisition, construction, and permanent financing and joint ventures with equity investors. Andrew's practice also includes the representation of both landlords and tenants in ground leases and in office and retail leases. His clients include insurance companies, banks, developers, foreign and US investment funds, family-office investors, landlords, tenants and nonprofit organizations.
Andrew takes a holistic approach with his clients, with a focus on a client's position in the market and not only with respect to individual transactions. He routinely works with clients to develop and upgrade their operating platforms and document forms, and he assists clients in anticipating and addressing market trends and issues.
Andrew's 35-year career has included public service representing US taxpayers in the real estate crisis in the early 1990s. In this role, he served as counsel at the Resolution Trust Corporation (RTC), a federal agency charged with the disposition of real estate assets from failed financial institutions. At the RTC, he advised on the disposition of approximately $4 billion of assets. Andrew also represented China Huarong Asset Management Corporation, an agency of the government of the People's Republic of China, in a series of bulk sales of more than $1 billion of nonperforming loans and foreclosed properties, structured as joint ventures between Huarong and investors. These were among the first such transactions conducted in China. Andrew has also represented the heirs of victims of the Holocaust in the recovery of art stolen by the Nazis.