Albert Alsaygh
Partner
Albert Alsaygh’s practice focuses on real estate transactions and related matters.
He regularly advises high-profile clients on complex real estate acquisitions, dispositions, and financing transactions, including securitized loans, balance sheet loans, mezzanine loans, and construction loans.
Albert joined the firm in 2017 and was an associate until 2021. From 2021 to 2022, he was an associate at another prominent international law firm in New York. Albert rejoined the firm as an associate in 2022 and became a partner in 2026.
Notable Experience
Real Estate Acquisitions, Dispositions, and Joint Ventures
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Madison Capital in connection with a $230 million purchase and sale lease-back agreement involving four distribution centers located across Arizona, Pennsylvania, Tennessee, and Washington owned by Recreational Equipment Inc.
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A leading North American home builder in the sale of a majority stake in an $800 million portfolio of master planned communities.
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Transamerica in its sale of the 48-story Transamerica Pyramid building complex in San Francisco for $650 million to a joint venture between real estate developer Michael Shvo and private equity firm Deutsche Finance America.
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ESL Investments in its $5.2 billion acquisition of substantially all of the assets of Sears Holdings, including over 800 properties valued at more than $1.5 billion.
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A real estate investment and development firm as part of a 50/50 joint venture in the purchase of a New York hotel and in the related acquisition financing, operating lease structure and long-term franchise agreement.
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An international hedge fund in the negotiation of a joint venture with a major New York City developer to fund the recapitalization of an office building in Midtown Manhattan.
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A diversified real estate investment and development firm in the purchase of a corporate campus from a large conglomerate, which includes a hotel and conference centers.
Real Estate Financing
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An investment bank, as lender, in the origination of a $265 million mortgage loan to a private real estate development and management firm in connection with its refinancing of a 1.6 million-square-foot multiuse facility, including office, lab, and showroom space in the U.S.
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A syndicate of investment banks as lender in the origination of a $167 million mortgage loan secured by an office building in New York City’s Financial District. The borrower is an affiliate of a publicly traded REIT.
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An investment bank in its co-origination of a $325 million mortgage loan to a real estate investment firm and a federally recognized Native American tribe as part of a refinancing of a U.S. beach resort that they both own as tenants-in-common; concurrently, the latter purchased a tenant-in-common interest in the property.
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A REIT in the hospitality sector, as borrower, in an over $500 million refinancing secured by over 40 hotels located across the United States.
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An affiliate of a privately owned real estate firm, as borrower, in connection with its hundred-million-dollar mortgage loan refinancing of a retail, residential, and office mixed-use center located in the Midwest U.S.
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Brookfield, as borrower, in the origination of a $700 million mortgage and mezzanine financing made by Morgan Stanley secured by a portfolio of 20 industrial properties located across eight states.
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A private equity fund, as lender, in numerous financings involving high-end resorts and recreation facilities.
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A private equity fund, as mezzanine lender, in numerous distressed loan workouts and enforcement of remedies, including an assignment of lieu of foreclosure for an office property located in San Francisco, CA, and a global investment firm, as mezzanine lender, in the workout of a defaulted mortgage loan, senior mezzanine loan, and junior mezzanine loan, with an aggregate outstanding principal balance of $743 million, made to a REIT in the hospitality sector and secured by a portfolio of hotels located across the U.S.
Selected Activities
trigger- Committee Member, Real Property Law Committee of the New York City Bar (January 1, 2021 to December 31, 2021)
- Contributing Author, New York City Bar’s Model Mortgage Loan Opinion, Issued in August 2021
Events