Michael A. Suleta

• Representation of a national lender in the largest Texas C-PACE financing transaction to date ($48,475,000) for the construction costs and expenses associated with specific energy improvements. These enhancements are to be undertaken by the property owner in conjunction with the construction of a new full-service luxury hotel in San Antonio, Texas.
• Representation of a national lender in securing retroactive Pennsylvania Commercial Property Assessed Clean Energy (C-PACE) financing. This financing supports energy efficiency and water conservation measures installed during the construction of a mixed-use multifamily and commercial condominium in Philadelphia.
• Representation of a national lender in facilitating $17,914,777 in C-PACE financing. This financing is designated for the implementation of energy efficiency and water conservation measures during the construction of a new 220-unit multifamily development in Philadelphia, Pennsylvania.
• Representation of a national lender which facilitated $40,000,000 in C-PACE financing. This financing is intended for the implementation of energy efficiency and water conservation measures during the construction of a new 329-unit multifamily property with approximately 14,000 square feet of retail space in Philadelphia, Pennsylvania.
• Representation of a national lender which executed the first C-PACE loan in Delaware. This initiative aims to fund energy-efficient upgrades for Wilmington's historic DuPont Building.

• Representation of a leading private debt firm in a series of short-term, bridge-to-HUD financings of large scale, multi-state portfolio and single-asset transactions secured by medical office buildings, skilled nursing facilities and other health care projects throughout the United States.
• Representation of a joint-venture in its $73 million financing and derivative transaction, including interest rate swap, for its leasehold acquisition of various health care facilities in Atlanta and Hackettstown, New Jersey.
• Representation of a regional financial services institution in its $30 million construction financing and derivative transaction, including interest rate swap, secured by a health care facility in Holmdel, New Jersey.
• Representation of a multifamily real estate investment firm in its acquisition financing and derivative transaction – including interest rate caps – for its acquisition and development of multifamily projects in Philadelphia.
• Representation of a joint-venture in its acquisition of a controlling interest of the owners of a portfolio of office, retail and parking facilities in the Old City neighborhood of Philadelphia, Pennsylvania. The portfolio includes a historic office and retail building as well as the adjacent garage, movie theater and two additional office buildings;
• Representation of a joint-venture in its refinancing of a luxury hotel in the Old Town neighborhood of Alexandria, Virginia.
• Representation of various affordable housing developers in connection with the acquisition, development, financing and sale of projects in Illinois, North Carolina, Ohio and Pennsylvania and other states;
• Representation of various developers and lenders in connection with the structuring, negotiation and documentation of sophisticated real estate workouts.

• Team Member, a Law360 "Real Estate Practice Group of the Year," 2023
• Team Member, Chambers & Partners USA Real Estate Law Firm of the Year, 2017-2018 and 2022
• Listed, Super Lawyers magazine, Pennsylvania Super Lawyers, "Rising Stars," 2016-2017

A description of the selection methodology for the above awards can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

• Member, American Bar Association
• Member, California Bar Association
• Member, Delaware Bar Association
• Member, Pennsylvania Bar Association
• Member, Philadelphia Bar Association