FacultyFaculty/Author Profile
Jeffrey S. Page

Jeffrey S. Page

Reed Smith LLP

New York, NY, USA


Jeff joined Reed Smith in 2013 as a partner in the Financial Industry Group. His practice focuses on commercial real estate, regularly handling a broad range of transactions for institutional clients, including representing financial institutions in real estate finance and workout transactions on a national basis. Jeff is particularly well known for his ability to successfully represent bank groups ranging in size from several, to more than 150 lenders. Jeff has experience in every aspect of structuring and closing real estate finance transactions, including legal structuring of loans, working directly with credit officers to structure around particular concerns, and drafting and negotiating loan documents. Additionally, Jeff’s practice includes the closing and sale of CMBS loans. He has worked with clients around the country, from New York to California, and Florida to Massachusetts. Prior to joining Reed Smith, Jeff was in-house at Eurohypo AG where he was responsible for the transaction team handling the closing of more than $10 Billion of loan facilities per annum. As a result, he is very focused on the need for efficiency and coordination throughout the entire loan closing process. While at Reed Smith, Jeff used his in-house experience to work with the Reed Smith IT team to develop the Deal Performance Platform™, a suite of software programs and web-based technologies aimed to increase efficiencies and reduce legal costs. 

Jeff’s representative transactions are as follows:

Lead Lender Loan Transactions:

  • $300 million construction loan for a hotel in Florida
  • $245 million office loan in New York (included A/B and mezzanine components)
  • $150 million hotel/golf course construction loan in California
  • $29 million residential construction loan in New York
  • $72 million 80/20 credit facility in New York
  • $78 million residential loan with historic tax credits in New York
  • $22 million office loan in New Jersey
  • $100 million mezzanine loan secured by cash flow pledges from 4 regional malls
  • $70 million CMBS loan for garden apartments in Pennsylvania
  • $120 million sharia compliant CMBS loan

Administrative Agent in Workouts/Restructurings:

  • $2.6 billion multi-lender corporate facility for a retail REIT
  • $1.5 billion multi-lender senior secured portfolio loan for a retail REIT
  • $80 million senior loan and $35 million mezzanine loan on a condo/hotel construction project in Florida
  • $80 million condominium construction loan in Massachusetts
  • $180 million multi-lender resort hotel/residential construction loan in Arizona
  • $200 million A-note, $135 million B-note, and $30 million C-note on a condo/hotel conversion loan in New York
  • $50 million senior assisted care credit facility in Louisiana

Representative Matters

  • Advised on a $23 million term loan to owner of office building in Washington, D.C.
  • Loan documentation and due diligence review for the $21,750,000 acquisition of commercial property located in Queens, New York.

Publications

  • "The search for yield: The U.S. v. Europe - NBLs are willing to accept ever increasing levels of risk to achieve the returns currently demanded by investors and shareholders," Inside Counsel, 20 February 2015Co-Author(s): Francisca Sepúlveda

Employment History

  • 2013 - Reed Smith
  • 2009 - Riemer & Braunstein LLP
  • 2003 - Eurohypo AG, New York Branch
  • 2000 - Shearman & Sterling

Clerkships

  • , Superior Court - New Jersey

Professional Affiliations

  • New York State Bar Association

Education

Seton Hall University School of Law, 1998, J.D., magna cum laude

Pennsylvania State University, 1983, B.A., cum laude

Professional Admissions / Qualifications

New Jersey

New York
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