$180 million tax-exempt hospital bond issue
GableGotwals acted as special borrower’s counsel for a hospital system’s issuance of approximately $180 million of tax-exempt bonds to finance the acquisition of a hospital facility.
Business Transactions
Native American Gaming Loans
The Firm is currently advising one of its banking clients in connection with the creation of the client’s Native American gaming loan portfolio, including representing the client in multiple loans to various tribal gaming agencies and tribal gaming entities to be used for general working capital and/or capital expenditures and secured by a pledge of all revenues generated by tribal gaming facilities.
$31.6 Million Construction Loan for Hotel Renovation
GableGotwals represented the lender in a $31.6 million construction loan to a hotel development group to refurbish the historic St. Anthony Hotel in San Antonio, Texas; the project also involved the use of historic tax credits.
Purchase of Home Healthcare Business
The Firm represented a family group in negotiating the purchase of a home healthcare business.
Professional Services Agreements
The Firm represented a major global executive search firm in negotiating professional services agreements with various Fortune 500 companies, public and private universities, US and foreign governmental agencies and non-profit organizations.
$4.6 Million Acquisition
GableGotwals represented the purchaser in a $4.6 million acquisition of real estate, equipment and other assets of a manufacturing business.
$12 Million Construction Loan for Renovation of Tulsa City Hall
GableGotwals represented the lender in an approximately $12 million construction loan to be used in connection with historic rehabilitation tax credits to renovate and refurbish Tulsa’s Old City Hall for use as a hotel.
Sale of Family of Lumber Companies to Private Equity Group
The Firm advised stockholders and management of a group of privately held lumber wholesale businesses in a recapitalization whereby a private equity firm acquired substantially all of the sellers’ assets for consideration consisting of cash purchase price and phantom equity rights for management.