Chris Delson regularly represents lenders in syndicated subscription and other fund finance credit facilities.
Chris has over 20 years of experience in the fund finance industry and spends a significant amount of his time representing lenders in the making of credit facilities to private equity funds and REITs, including subscription lines of credit, borrowing base facilities, unsecured lines of credit, and “after care” facilities. These include some of the largest subscription lines of credit structured to date to both U.S.-based and non-U.S.-based funds, with both U.S.-based and non-U.S.-based investors and collateral, and both syndicated and non-syndicated transactions. Chris has also actively participated in the restructuring and workout of fund finance facilities.
Chris also regularly represents lenders in large syndicated construction loans covering a variety of asset classes, including office buildings, hotels, condominiums, and multifamily projects, both in New York and nationwide. He has represented numerous buyers and sellers in connection with the purchase and sale of different types of real property, including commercial office buildings, industrial properties, hotels, large residential properties, and unimproved land. Chris has advised clients on a number of loan portfolio sales and acquisitions. Informed by his long-time representation of a substantial number of construction and permanent lenders and his ongoing work with debt and equity investors in the United States and overseas, he advises clients regarding restructurings and, as needed, timely pursuits of legal remedies for troubled situations.