Linda Rangel Headshot
Linda Eva Rangel
+1.949.517.1398

Overview

Linda Rangel is a real estate attorney in Holland & Knight's Newport Beach office. Ms. Rangel's practice focuses on the representation of developers and investors in the acquisition, sale and development of residential and commercial properties, including the negotiation, drafting and review of purchase and sale agreements, easement agreements, entitlements, access agreements, title documents, affordable housing regulatory agreements, leasing agreements, financing documents and joint venture limited liability company (LLC) agreements and limited partnership agreements.

Prior to joining Holland & Knight, Ms. Rangel was a real estate attorney at a national law firm in its Orange County office. In addition, Ms. Rangel was previously an attorney in the business and finance group at a national law firm in its San Francisco office, where her practice consisted of corporate transactional matters related to private investment fund formation and governance, securities, mergers and acquisitions (for-profit and nonprofit), corporate entity formation (for-profit and nonprofit), venture financing and other general corporate matters.

Ms. Rangel also has experience in education advocacy, immigration law, mining and environmental law, and human rights advocacy through clinic participation and internships with the Stanford Youth and Education Advocacy Clinic, Stanford International Human Rights Clinic, Colorado Legal Services and International Justice Mission.

Representative Experience

  • Represented one of the nation's largest investment management firms, with more than $2 trillion in assets under management, in its joint ventures across the country, including 1) a joint venture of property in Pennsylvania for development of a five-story wood frame mid-rise modular multifamily project consisting of 149 units and approximately 1,600 square feet of retail space, as well as the negotiation of the ground lease and a two-phase construction contract for the manufacturing of modular components for project off-site and delivery of modular components and construction of the project on-site; 2) a joint venture with a Texas developer for the acquisition and construction of a mixed-use project featuring 283 multifamily units and retail space in Austin, Texas; 3) a joint venture with a Northern California-based real estate firm for the acquisition and development of a 388-unit multifamily and mixed-use retail project in Arlington, Virginia; 4) a joint venture with a Newport, California-based developer for development of an approximately one-million-square-foot logistics center in Visalia, California, for an international technology and consumer goods distribution company; and 5) a series of joint venture agreements with a national residential developer in connection with four development deals in Nashville, Tennessee, and Austin, Texas, encompassing approximately 1,500 multifamily units and ancillary retail and parking
  • Represented a public university in San Marcos, California, with the negotiation of a public-private partnership (P3) arrangement to develop an extended learning facility for the university to construct a building with retail on the lower floors that will be owned by the developer, along with classroom and educational space on the upper levels that will be owned by the university
  • Represented an investment management and development firm with more than $2 billion in assets under management, focused on urban multifamily real estate, in connection with 1) the purchase of properties located in Gardena, California, Costa Mesa, California, and Irvine, California, each involving the negotiation of purchase agreements contemplating complex entitlement processes as closing contingencies and analysis of underlying development rights and obligations, title, zoning and survey issues; and 2) financing and refinancing of construction and acquisition loans for property in California
  • Represented a private team of investors in the pursuit and development of property in Guam for residential development, including negotiation of initial pre-development funding arrangements and structuring of the land contribution investment by property owner

  • Advised on the acquisition and financing of multifamily affordable properties across the U.S. and obtaining related consents and approvals from state and local regulatory authorities, including notable California acquisitions of a 261-unit multifamily affordable housing project in Anaheim, a 360-unit multifamily affordable housing project in Corona, a 236-unit multifamily affordable housing project in San Francisco, a two-property portfolio of 297 multifamily affordable units in Novato, and a seven-property portfolio of 1,152 multifamily and senior units in the Sacramento area
  • Advised on the refinancing of existing debt for multifamily properties across the S., including properties in California, Virginia, Florida, Texas and Maryland – collectively, approximately $100 million of new debt
  • Advised on the pre-development financing, development joint venture and property management arrangements for a 382-unit affordable housing project in San Francisco
  • Advised on the disposition of multifamily affordable properties across the U.S., including the sale of a 184-unit multifamily affordable housing project in Ypsilanti, Michigan; a 304-unit multifamily housing project in Orlando, Florida; a 212-unit multifamily affordable housing project in Sacramento, California; and a 176-unit multifamily affordable housing project in Naples, Florida
  • Advised on the recapitalization of multiple existing close-ended investment funds into a single master open-ended investment fund as part of streamlining the long-term investment strategy, coordinating consents and approvals of state and local regulatory authorities and lenders with respect to approximately 25 properties, and organizational restructuring (including multiple real estate investment trust (REIT) formations and preferred shareholder offerings)
  • Advised on the acquisition and financing of a 669-unit multifamily affordable housing project located in Los Angeles, including negotiation of a partnership agreement with the Housing Authority of the City of Los Angeles (HACLA), establishing an ownership structure sufficient to pursue a new welfare tax exemption for the project, a regulatory agreement for the project with HACLA as the regulatory authority and a subordinate loan agreement and related documents with HACLA as the lender
  • Advised on the structuring and negotiation of a property management joint venture, pursuant to which a new property management company was established to manage a portfolio of affordable multifamily properties in Georgia, North Carolina and Virginia, including pursuit of broker's licensing and qualification in such states

  • Advised on several transactions in California involving the transfer to the affordable developers of a portion of the larger master planned single-family development projects, including purchase and sale agreements for the transfer of the affordable component of the projects and partnership arrangements with the affordable developer to ensure satisfaction of the entitlement requirements for the larger development to proceed
  • Advised on the aggregation of eight separate development parcels pursuant to purchase agreements with six separate sellers, including master and subordinate purchase arrangements, for development of a master planned single-family development project in Northern California

Credentials

Education
  • Stanford Law School, J.D.
  • San Diego State University, B.S., Finance; B.A., Political Science, summa cum laude
Bar Admissions/Licenses
  • California
Memberships
  • Stanford Professionals in Real Estate (SPIRE)
Spoken Languages
  • Spanish