Daniel Wiesel is an associate in the Los Angeles office of Wolf, Rifkin, Shapiro, Schulman & Rabkin, LLP, with a practice that focuses on transactional real estate and finance, including all aspects of the purchase and sale, financing, and development and leasing of commercial and residential property. In addition, Mr. Wiesel has experience in public finance transactions with a specific focus on taxable and tax-exempt conduit issuance financings for nonprofit organizations ranging from schools and museums to multi-state health systems.
• Buyer’s counsel in connection with financing the acquisition of a commercial property portfolio, including negotiation of a $35 million financing package that consisted of a real estate secured loan, a working capital loan and guaranties
• Underwriter’s counsel on financings for ground-up construction of new senior living facilities and acquisition of stabilized senior living facilities using taxable and tax-exempt multi-tranche bond issuances in both public offerings and private placement transactions. Notable transactions include an approximately $230 million multi-series offering of tax-exempt and taxable bonds to financing the acquisition of eight stand-alone senior living facilities located in three separate metropolitan areas across two states. The transaction included an original structure of four series of tiered bonds with separate trust estates and collateral security, issued under a single trust indenture and secured by multiple deeds of trust/mortgages. The structure, novel to the senior living capital market, generated unprecedented interest from institutional investors and has been used as a template for multiple subsequent transactions.
• Borrower’s counsel on a $1.2 billion multi-series financing to facilitate the spin-off of a nonprofit university’s health and hospital facilities into a separate health system. The transaction included multiple series of tax-exempt and taxable publicly offered bonds, directly placed real-estate secured bonds and notes, a letter of credit and operating lines of credit to capitalize the new nonprofit health system.
• Represented investment banks in private placement transactions and bridge loan financings, including negotiation of loan and collateral security provisions.
- Juris Doctor (2008) UCLA School of Law, Los Angeles, California
- Bachelor of Talmudic Law (2004), Ner Israel Rabbinical College, Baltimore, Maryland
- National Association of Bond Lawyers
- American Health Lawyers Association