Profile
Gregory P. Murphy focuses his practice on the areas of asset-based finance and commercial real estate. His practice concentrates on representing financial institutions in secured transactions involving commercial real estate (including construction lending), private equity, hedge funds and funds of funds, fine art, aircraft and other forms of collateral and in transactions involving loan restructurings, workouts and foreclosures. His practice also concentrates on representing owners and developers of commercial real estate in acquisition, disposition and leasing transactions.
Concentrations
- Asset-based finance
- Real estate finance
- Acquisitions and dispositions of commercial real estate
- Construction and development financing
- Aircraft finance
- Securitized lending
- Loan portfolio sales, purchases and financing
- Commercial real estate leasing
- Mezzanine and bridge loan financing
- Commercial term loan and line of credit facilities
- Art loans
- Loan restructurings, workouts and foreclosures
- Land development
Capabilities
Experience
- Represented institutional lender in origination of a $110 million term loan secured by a boutique hotel in New York, as well as office condominiums, townhomes and a resort and spa in Florida.
- Represented commercial bank in origination of a $56 million term loan secured by a portfolio of fee and leasehold, flagged, full service hotels located throughout the United States.
- Represented international fund in disposition of office REO assets throughout the Northeast United States.
- Represented private equity fund in origination and workout of a $24 million bridge loan secured by a hotel development site in midtown Manhattan, as well as a pledge of 100% of the membership interests in the borrower and certain air rights.
- Represented private equity fund in workout of a $34 million bridge loan secured by multiple commercial properties in Manhattan.
- Represented national banking association in workout of multiple senior mortgage loans secured by multifamily rental assets located in New York, Texas, California and Colorado, which included negotiation and documentation of forbearance agreements, deeds in lieu of foreclosure, structured sale agreements and loan sale agreements.
- Represented national banking association in workout of multifamily assets located in New York.
- Represented national banking association in sale of multifamily REO assets located in Texas.
- Represented institutional lender in origination of a $85 million term loan secured by marketable securities and hedge fund interests.
- Represented national banking association in origination of a $35 million revolving facility secured by hedge fund interests.
- Represented institutional lender in origination of $90 million syndicated revolving credit facility secured by all non-real estate assets of the borrower.
- Represented institutional lender in origination of a $15 million term loan secured by an aircraft.
- Represented institutional lender in origination of a $30 million revolving credit facility secured by marketable securities and hedge fund interests.
- Represented institutional lender in origination of a $30 million term loan secured by artwork located throughout the world.
- Represented developer in connection with the acquisition and financing of 26 office buildings located throughout the United States.
- Represented developer in connection with the acquisition of seven apartment buildings throughout the United States.
- Represented investment bank in connection with a $75 million revolving credit facility to a developer with respect to the acquisition and development of RV parks throughout the United States.
- Represented investment bank in connection with a $90 million acquisition and construction loan to a developer with respect to the acquisition and conversion of an industrial building to residential condominiums located in New York.
- Represented investment bank in connection with a $40 million acquisition and construction loan to a developer with respect to the acquisition and conversion of an industrial building to residential condominiums located in New York.
- Represented lead agent in connection with a $70 million syndicated construction loan to a developer with respect to the acquisition of real property and the construction of a 300-unit condominium in New York.
- Represented lead agent in connection with a $65 million syndicated construction loan to a developer with respect to the construction of a retail condominium located in New York.
- Represented lead agent in connection with a $75 million syndicated construction loan to a developer with respect to the construction of an office park complex located in New York.
°Certain of the above representations were handled by Mr. Murphy prior to his joining Greenberg Traurig, LLP.
Recognition & Leadership
- Team Member, Chambers & Partners USA Real Estate Law Firm of the Year, 2010, 2013, 2017-2018, and 2022
- Team Member, a U.S. News - Best Lawyers®, "Law Firm of the Year" in Real Estate Law, 2015
- Team Member, a Law360 "Real Estate Practice Group of the Year," 2011-2013, 2015, and 2022-2023
- Team Member, The Legal 500 United States, "Top Tier" Firm in Real Estate, 2013 and 2014
- Member, Urban Land Institute
Credentials
Education
- J.D., Fordham University School of Law, 1992
- B.S., summa cum laude, Pace University, 1987
Admissions
- Connecticut
- New York