Greenberg Traurig Assists ShareMD in $89 Million Financing of Medical Office Building Portfolio with Starwood Mortgage Capital

MIAMI, Sept. 30, 2020 /PRNewswire-PRWeb/ -- A team of Greenberg Traurig, P. A. attorneys led by Miami Real Estate Practice Shareholder Danielle Gonzalez, represented long-time client ShareMD in its financing of a medical office building portfolio with Starwood Mortgage Capital. The $89 million loan transaction closed on September 25.

The portfolio consists of eight medical office properties comprising approximately 297,985 rentable square feet.

"We are pleased to assist ShareMD in this transaction, as it represents a significant strategic leveraging of their asset base on both the east and west coasts of the nation," Gonzalez said. "We look forward to our continued work with ShareMD as they focus on other strategic acquisitions and financings designed to grow their medical office building portfolio throughout the United States."

ShareMD acquires, develops, and manages medical office buildings across the United States. It has more than 950,000 total rentable square feet of commercial medical office space in Florida and California. A medical real estate and physician practice solution company, ShareMD leases retail medical space.

"As the need for quality healthcare delivered in venues that work best for both physicians and patients continues to increase, we aim to help meet that need with a portfolio of high-quality medical office buildings throughout the nation that offers increased value to medical practices," said George Scopetta, chief investment officer, founder, and board member of ShareMD. "Our offerings for physicians in the robust medical office building sector include innovative technology and strategies for increased productivity and optimal patient experience."

At Greenberg Traurig, Gonzalez represents national and local clients in connection with the acquisition, financing, leasing and disposition of medical and traditional office buildings, industrial parks, multi-family residential properties, self-storage centers, retail centers, parking facilities, and raw-land developments throughout the United States. She has vast experience advising on commercial leasing and represents both landlords and tenants on leases covering all real estate asset classes.

Other members of the Greenberg Traurig Miami office Real Estate Practice team representing ShareMD in the transaction include Associate Kathryn Corral, Practice Group Attorney Theresa K. Bowley, and Paralegal Marissa Rivero. Delaware office Corporate Shareholders Jonathan I. Lessner and Brian L. Colborn also assisted in the transaction.

About Greenberg Traurig's Real Estate Practice: The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm's real estate attorneys deliver diversified and comprehensive counsel for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of more than 400 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, Latin America, and Asia. The group's clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm's real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.

About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has more than 2,200 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. Web: http://www.gtlaw.com, Twitter: @GT_Law.

SOURCE Greenberg Traurig, P.A.