FacultyFaculty/Author Profile
Ellen M. Goodwin

Ellen M. Goodwin

Alston & Bird LLP

New York, NY, USA


Ellen Goodwin is a partner in the firm’s 60-lawyer Real Estate Finance & Investment Group, the former co-chair of the Group, and resident in the New York office.  Ms. Goodwin concentrates her practice on commercial real estate finance, and has represented investment banks, commercial banks, funds, and insurance companies on a variety of loan transactions for both securitizations and portfolios, including construction loan financings, loan syndications and participations, co-lending and senior/subordinate arrangements, and mezzanine finance.  She has been out in the forefront of CMBS 2.0 and acts as form and program counsel for a number of active CMBS lenders.  Ms. Goodwin’s expertise additionally extends to the work-out, restructuring, and foreclosures of both securitized and portfolio mortgage loans, and she has extensive experience working with special servicers.  She represents both sellers and purchasers of whole loans, subordinate debt, and mezzanine loans.

Ms. Goodwin is a member of the American College of Real Estate Lawyers, the CRE Finance Council, the Mortgage Bankers Association, the American Bar Association, and the Real Estate Board of New York, and has served as a lecturer on various topics concerning real estate finance and work-outs and restructurings of mortgage and mezzanine loans for the Practising Law Institute, the New York State Bar Association, the New York City Bar Association, and the International Council of Shopping Centers.

STATE STREET FINANCIAL CENTER

Alston & Bird’s Real Estate Finance & Investment Group in New York serves as one of Morgan Stanley’s national outside counsel for their mortgage loan origination program (in connection with loans that are intended to be held on Morgan Stanley’s balance sheet or syndicated as well as loans that are slated for CMBS execution). In that capacity, Alston & Bird LLP served as lender’s counsel for Morgan Stanley Mortgage Capital Holdings LLC, as administrative agent for Morgan Stanley Bank, N.A. as lead lender on a $535,000,000 mortgage loan secured by the State Street Financial Center in Boston, Massachusetts, a $125,000,000 first mezzanine loan secured by the equity interests in the mortgage borrower, and a $125,000,000 second mezzanine loan secured by the equity interests in the first mezzanine borrower. Our representation also included sales of portions of the mortgage loan to certain co-lenders as well as the sales of both of the mezzanine loans, including the preparation and negotiation of co-lender and intercreditor agreements.

FIVE TIMES SQUARE

Alston & Bird LLP served as lender’s counsel for Morgan Stanley Mortgage Capital Holdings LLC, as administrative agent for Morgan Stanley Bank, N.A. as lead lender on a $782,000,000 mortgage loan secured by mortgage borrower’s ground-leasehold interest in 5 Times Square in New York, New York, a $208,000,000 first mezzanine loan secured by the equity interests in the mortgage borrower, and a $170,000,000 second mezzanine

loan secured by the equity interests in the first mezzanine borrower. Simultaneously with the closing of the mortgage, first mezzanine and second mezzanine loans, a third mezzanine loan in the amount of $100,000,000 and a fourth mezzanine loan in the amount of $100,000,000 were also originated by third party lenders.

Ellen M. Goodwin is associated with the following items:
CHB Chapters  CHB Chapters Recent Trends in Real Estate Lending: 2017 Edition - Negotiating Real Estate Deals 2017, Tuesday, June 13, 2017
Web Segment  Web Segment Recent Trends in Real Estate Lending: 2017 Edition - Negotiating Real Estate Deals 2017, Monday, June 19, 2017
MP3 Audio  MP3 Audio Recent Trends in Real Estate Lending: 2017 Edition - Recent Trends in Real Estate Lending: 2017 Edition, Monday, June 19, 2017
Transcripts  Transcripts Recent Trends in Real Estate Lending: 2017 Edition - Recent Trends in Real Estate Lending: 2017 Edition, Monday, June 19, 2017
MP4 - Mobile Video Seg  MP4 - Mobile Video Seg Recent Trends in Real Estate Lending: 2017 Edition - Recent Trends in Real Estate Lending: 2017 Edition, Monday, June 19, 2017
On-Demand Web Programs  On-Demand Web Programs Negotiating Real Estate Deals 2017, Monday, June 26, 2017, New York, NY
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