Bruce D. Loring

Partner
Bruce D. Loring

Overview

Bruce D. Loring is a partner in the Chicago office of Holland & Knight. Mr. Loring practices in the area of commercial real estate with an emphasis in real estate acquisitions, sales, development, financing and joint ventures. He has represented throughout his long career real estate developers, major institutional lenders, pension funds and private equity funds. He is highly experienced in advising on the acquisition, development, joint venture formation and structuring, and financing of office, multifamily, commercial and industrial properties, residential developments, hotels and shopping centers, both in the Chicago metropolitan area and throughout the country. Representative projects for which Mr. Loring has acted as lead counsel include:

  • Representation of a state pension fund in an approximately $750 million, 31-property medical office portfolio acquisition and financing in the amount of $380 million, involving a co-investment with an international pension fund and a joint venture (85 percent / 15 percent) with a major medical office building investment company
  • Representation of an international real estate company in a master joint venture transaction with a major residential/office developer in connection with a $1.5 billion mixed-use, 3,000-unit multifamily development in Chicago
  • Representation of a state pension fund in a series of joint venture portfolio transactions (90 percent / 10 percent) and related financings with a national self-storage investment company involving the acquisition and/or development of 35-40 self-storage facilities across the U.S. with a market value in excess of $300 million
  • Representation of a state pension fund in connection with the acquisition and related financing of a 95 percent membership interest in a joint venture that owns a $235 million 36-story commercial office building in New York City with the seller/developer retaining a 5 percent interest
  • Representation of a state pension fund in the acquisition of a 75 percent membership interest and related financings of a $120 million 398-unit multifamily project in Philadelphia and a $250 million 417 unit multifamily project in Jersey City, New Jersey, both involving a joint venture with a national multifamily developer
  • Representation of a state pension fund in a co-investment with a REIT (50 percent / 50 percent) in connection with the acquisition/development of a $160 million high-tech/industrial development in San Jose, California
  • Negotiation and closing of a joint venture on behalf of a state pension fund in connection with the acquisition and financing of a $350 million real estate portfolio consisting of two shopping centers and related office buildings aggregating approximately 1.8 million square feet, located in Greensboro and Durham, North Carolina
  • Negotiation, restructuring and closing of a joint venture on behalf of a state pension fund in connection with the development and financing of a $75 million boutique hotel in Chicago
  • Representation of a state pension fund in connection with the acquisition of a 95 percent membership interest and the structuring and negotiation of a joint venture in connection with a $155 million multifamily luxury apartment building in Chicago
  • Representation of a state pension fund in connection with the acquisition of a 45 percent membership interest and the structuring and negotiation of a joint venture in connection with a $150 million office building in Minneapolis and related refinancing
  • Representation of a Chicago-based equity fund in connection with a $150 million refinancing with Freddie Mac of an eight property multifamily apartment portfolio in Texas
  • Representation of a major private real estate equity fund based in California in connection with the negotiation and closing of joint venture transactions involving the acquisition and financing of office, multifamily and retail projects throughout the United States
  • Representation of a state pension fund in connection with the sale of an agricultural real estate portfolio valued in excess of $330 million and consisting of 106 properties located in six states
  • Representation of a major institutional lender in connection with a $142 million construction mortgage loan financing of a 247-unit condominium project in downtown Chicago
  • The structuring and sale of a major commercial site in downtown Chicago for the development of a luxury condominium and hotel project
  • The joint venture structuring, acquisition and financing of a hotel/residential resort project in the Caribbean
  • Representation of a national home builder in connection with the acquisition, financing, joint venture structuring and disposition of single-family, multifamily and condominium residential developments throughout the Chicago Metropolitan Area
  • The acquisition, development, structuring and financing of commercial office, industrial and retail projects in Illinois and throughout the United States on behalf of a major Chicago-based real estate developer
  • The acquisition, development, structuring and financing of medical office buildings and assisted-living facilities throughout the United States on behalf of Chicago-based developers

Mr. Loring has an extensive practice in representing borrowers, developers and investors in structuring the financing and funding of complex commercial real estate transactions through joint venture, limited liability company formations and other financing and investment strategies.

Mr. Loring has lectured and conducted seminars on a wide range of real estate law topics before the American Law Institute-American Bar Association, the Chicago Bar Association and other professional organizations. Mr. Loring co-chaired and was a speaker at a two-day seminar held in Chicago on Real Estate Joint Ventures presented by Law Seminars International. He was appointed to the Governor of Wisconsin's Special Commission to Investigate State Real Estate Purchasing and Leasing Matters.

Credentials

Education
  • University of Wisconsin Law School, J.D., cum laude
  • University of Wisconsin-Madison, BBA, with honors
Bar Admissions/Licenses
  • Illinois
Memberships
  • American Bar Association
  • Board of Visitors of the University of Wisconsin Law School, 1995-2015
Honors & Awards
  • The Best Lawyers in America guide, Real Estate Law, 2007-2021
  • Illinois Super Lawyers magazine, 2005-2018
  • The Legal 500 USA, Real Estate & Construction: Real Estate, 2011
  • Corporate Counsel Edition, Super Lawyers magazine, May 2009
  • Martindale-Hubbell AV Preeminent Peer Review Rated
  • Member of the American College of Mortgage Attorneys
  • Order of the Coif
  • Wisconsin Land Title Association Real Estate Scholarship Award

Speaking Engagements

News