Jonathon L. Goodling

Representative Experience

• Lending Matters Plus

  • Regularly represent national bank on real-estate-secured, construction, term, and revolving loans since 2000. Loan transactions completed in the last 24 months include a $45,000,000 real estate secured revolving loan to real estate investor/developer, a $75,000,000 unsecured revolving loan to a real estate investor/developer, a $15,000,000 equipment finance loan, a $11,000,000 loan to construct a hotel, and a $29,000,000 loan to construct a building that has been leased to a department of the Oregon government for 30 years.

  • Regularly represent regional bank on real-estate-secured, construction, term, and revolving loans since 2007. Loan transactions completed in the last 24 months include four real estate acquisition loans in an aggregate amount of $36,000,000 to a tenancy-in-common group completing a section 1031 exchange, a $12,000,000 construction loan, a $8,500,000 term loan secured by all the assets of a private university, and a $21,000,000 term loan to refinance a multi-family complex.

  • Represented regional bank on a loan to an Employee Stock Ownership Plan (ESOP).

  • Represented regional bank as agent and lender on $60,000,000 syndicated loan to construct a high-tech cold storage facility.

  • Represented real estate developer on loan to construct multi-family project and to re-develop downtown office building.

  • Represented borrower on $51,000,000 term loan secured by a continuing care facility.

  • Represented borrower on $87,500,000 term and construction loan for three continuing care facilities.

  • Represented Indian tribe on $35,000,000 loan to construct casino.

• Leasing Matters Plus

  • Regularly represent life insurance company affiliate as landlord on all leases in two downtown high-rise office towers.

  • Regularly represent public school district on leases, including:

    • Long-term ground lease to the City of Portland and a nonprofit for development of former elementary school site with affordable housing.
    • Long-term lease of former elementary school to neighboring school district for redevelopment as a high school.
    • Long-term lease to a university of approximately one-third of a newly constructed elementary school to be used for teacher education.

  • Represented landlord on lease to Wal-Mart.

  • Represented numerous corporations as tenants on office building leases in downtown Portland, including Miller Nash LLP.

• Purchases and Sales Plus

  • Represented seller on sale of portfolio of four properties, including two shopping centers, a multi-family project, and store formerly leased to Fred Meyer.

  • Represented buyer on acquisition of land in Polk County for development of vineyard.

  • Represented seller on sale of 16 acres of vacant land to CarMax for development.

  • Represented seller on sale of shopping center in Tualatin, Oregon, for redevelopment by CenterCal Properties.
    

  • Represented seller of 45 fuel distribution facilities for approximately $80,000,000.

  • Represented life insurance company as both seller and buyer of downtown office buildings and suburban office/flex space.

  • Represented purchaser of two Class A high-rise office buildings in downtown Portland on two separate transactions.

  • Represented bank in sales of multiple subdivisions acquired by bank through deed-in-lieu transactions.

• Development Matters Plus

  • Represented corporate trustee on division and conveyance of approximately a dozen properties, with value in excess of $25,000,000, to trust beneficiaries.

  • Created condominium structure for multi-family high rise in the Pearl District of Portland owned by life insurance company affiliate.

  • Prepared covenants, conditions, and restrictions for suburban office/flex park.

  • Represented university on acquisition and development of real estate to be operated in joint venture with private manufacturing companies.

  • Represented real estate developer in conversion and rehabilitation of warehouse building located in Pearl District in Portland, Oregon. Services included representation on acquisition, financing, conversion of building to condominium, leasing of ground-floor retail space, and sale of penthouse condominium units.

  • Represented university on real estate issues (e.g., land acquisition and leasing) in connection with development of satellite healthcare campus.