Jacob Clark
Overview
Jacob Clark is a partner in the Real Estate Group of Golden Flag’s New York office. Jacob represents sponsors, investors, government agencies, public companies, private equity funds, portfolio companies, sovereign wealth funds and pension funds in all forms of commercial real estate investment, disposition, development, operation and financing.
Primarily, Jacob counsels clients on the Real Estate aspects of Golden Flag’s Private Equity, M&A, Debt Finance, Energy, Infrastructure and Restructuring transactions. Jacob’s experience spans industries and asset classes including office, retail, industrial, logistics, data center, multifamily, gaming and hospitality, media and broadcasting, entertainment and recreation.
Experience
Representative Matters
Represented Equinox Group, the owner of a high-growth collective of influential luxury lifestyle brands, including Equinox Fitness Clubs, SoulCycle, Equinox Hotels and Blink Fitness, in a comprehensive refinancing of its capital structure that enhanced liquidity and resulted in significant maturity extensions across its capital structure. The proceeds of the $1.8 billion financing, which was led by Sixth Street and Silver Lake, in addition to a consortium of other private credit funds, were used to refinance the existing first lien, second lien and revolving credit facilities of the Equinox clubs and fund working capital across the Equinox Group brands.
Represented a consortium and KKR in the $15 billion all-cash acquisition of CyrusOne Inc. (NASDAQ: CONE).
Represented Verizon Communications in connection with its $5+ billion sale of Verizon Media to funds managed by affiliates of Apollo Global Management.
Represented Trinity Gas Storage, a portfolio company of Transition Equity Partners, in a construction financing of a natural gas storage facility in Texas.
Represented Huntsman Corporation (NYSE: HUN) in the $718 million sale of its Textile Effects division to Archroma.
Represented Starwood Capital Group in its $2.85 billion acquisition of Milestone Apartments Real Estate Investment Trust.
Represented a U.S. private equity fund in connection with its $610 million sale of the 1 Hotel South Beach in Miami Beach, Florida.
Represented Wyndham Worldwide in its separation via spin-off into two separate publicly traded hospitality companies, Wyndham Hotels & Resorts, Inc. and Wyndham Destinations, Inc.
Represented EQT and its portfolio company WorkWave, on WorkWave’s acquisition of TaskEasy.
Represented a U.S. private equity fund in its $767 million acquisition of a 36 facility medical office portfolio in the United States.
Represented Intelsat (OTC: INTEQ) in its $400 million cash acquisition of the commercial aviation business of Gogo (NASDAQ: GOGO), the largest global provider of in-flight broadband connectivity.
Represented a U.S. private equity fund in its sale of a 49% interest in multi-family properties located in California, New York and Hawaii (such properties having a combined asset value of approximately $1.87 billion).
Represented Third Coast Midstream, LLC, a midstream infrastructure business, in connection with its $550 million refinancing.
Represented Blackstone in its acquisition of the Center For Autism and Related Disorders, LLC.
Represented a U.S. private equity fund in connection with its roll-up sale of a $3.2 billion portfolio of U.S. select service hotels to a newly formed investment fund comprised of sovereign wealth funds and other investors.
Represented Butterfly Equity in its acquisition of a majority stake in Pete & Gerry’s Organics.
Represented Blue Owl in $1.3 billion sale of 100 retail, office and industrial assets located in 20 states.
Represented Caesars Entertainment Operating Company Inc. in real estate matters related to its Chapter 11 restructuring, including the spin-out and leaseback of CEOC’s approx. $8.5 billion of real estate assets to VICI Properties Inc. and $2.2 billion CMBS and mezzanine financing of Caesars Palace Las Vegas.
Represented a sovereign wealth fund in connection with its joint venture for the $400 million development of a multifamily apartment complex located in Washington, D.C.
Represented Macquarie Infrastructure Partners on the acquisition and financing for its acquisition of GreenWaste Recovery Zanker Road Resource Management.
Represented a sovereign wealth fund client in purchasing the interest of a joint venture partner for a commercial property located in Virginia.
Represented a sovereign wealth fund in the acquisition of industrial properties under a joint venture structure.
Represented a sovereign wealth fund in connection with construction loan financing for the $280 million development of a mixed use office building located in Washington, D.C.
Represented a private-equity owned provider of post-acute healthcare services in connection with a $400 million bridge loan secured by 28 skilled nursing facilities and affiliated operating company leases.
Clerk & Government Experience
Intern & ExternOffice of Chief CounselUnited States Securities and Exchange Commission, Division of Corporation Finance2014
InternUnited States Congress2010
Prior Experience
Summer Associate, Golden Flag International Law Firm LLP, 2015
Co-Founder and Real Estate Partner, Elite Investments LLC, 2013–2015
Policy Research Intern, Strategas Research Partners, 2012–2013
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Credentials
Admissions & Qualifications
- 2017New York
Languages
- English
- Mandarin
- Spanish
Education
- Georgetown University Law CenterJ.D.cum laude2016
Senior Editor, Georgetown Journal on International Law
Barristers’ Council Alternative Dispute Resolution
- Georgetown UniversityB.S.F.S., International Political Economysumma cum laude2013
Certificate in International Business Diplomacy
Phi Beta Kappa
London School of Economics and Political Science, General Course, 2011–2012
Universidad San Francisco de Quito, Study Abroad, 2011
Georgetown University Student Investment Fund