Frank achieves success for clients by anticipating and responding to the challenges of large and complex transactions.
A detail-oriented lawyer who doesn’t lose sight of the big picture, Frank specializes in commercial real estate — advising on sales, purchases, leases and financing transactions. He offers insightful counsel to clients in structuring a transaction, including the implementation of co-ownerships, joint ventures and partnership structures. Leading Canadian and international real estate owners, investors and developers trust Frank’s business acumen and value his creative and practical solutions — as do many large Canadian pension funds and institutional investors.
Frank has played a key role in a variety of prominent public and private transactions, including the development of hospitals, office complexes, research and development centres and other mixed-use projects.
Canada Pension Plan Investment Board
Acted for the Canada Pension Plan Investment Board (CPPIB) in its $1.175-billion acquisition of a 50% interest in Canadian office portfolio from Oxford Properties Group (Oxford). Oxford will continue to manage the properties on behalf of the partnership. The transaction brings the total size of the jointly owned Oxford-CPPIB office portfolio to over 12 million square feet.
KSV Kofman Inc.
Acting for KSV Kofman Inc. in its roles as Monitor of the Urbancorp Group of Companies in connection with proceedings under the Companies' Creditors Arrangement Act and as Information Officer for Urbancorp Inc.
Canada Pension Plan Investment Board (CPPIB)
Acted for the Canada Pension Plan Investment Board (CPPIB) in the $105-million acquisition from Minto Properties Inc. of an undivided 60% ownership interest in Minto High Park Village, a multifamily rental property comprising three apartment buildings and approximately 750 rental units. Minto will continue to own an undivided 40% interest in the property and will continue to oversee management and leasing on behalf of the co-owners. This transaction marks CPPIB's first direct investment in the Canadian multifamily real estate market.
The Blackstone Group
Acted as Canadian counsel to The Blackstone Group in connection with the acquisition of GE Capital Real Estate's assets in a transaction valued at approximately US$23 billion.
Canada Pension Plan Investment Board
Acted for the Canada Pension Plan Investment Board in connection with its joint venture with WAM Development Group and Walton Group of Companies to develop a 250-acre industrial site in northwest Edmonton, Alberta. CPPIB's initial equity commitment is approximately $200 million for phase one of the development, representing an 85% interest in the joint venture.
Edgecrest Capital Corporation and Canaccord Genuity Corp.
Acted for a syndicate of agents consisting of Edgecrest Capital and Canaccord Genuity in connection with a two tranche public offering of $62-million of convertible unsecured subordinated debentures and common share purchase warrants of North American Palladium Ltd. The securities were offered in Canada by way of a prospectus and in the United States by way of a registration statement filed under the Multi-Jurisdictional Disclosure System.
City of Toronto
Acted for the City of Toronto in the Toronto waterfront revitalization project, including negotiations with private developers and government ministries and agencies, advising on issues such as public ownership of lands, governance, environmental liabilities and protections and the negotiation of procurement, design, development, construction and financing documentation.
Chambers Canada: Canada’s Leading Lawyers for Business—Real Estate: Ontario
IFLR1000: Guide to the World’s Leading Financial Law Firms—Real Estate Acquisitions
The Canadian Legal Lexpert Directory—Corporate Commercial Law; Property Development; Property Leasing
The Best Lawyers in Canada—Corporate Law; Real Estate Law