Commercial real estate transactions often hinge not just on the legal contracts, but on the personalities involved. Matt Basile navigates both, helping his clients achieve big-picture wins while building a rapport across the table to keep the deal on track.
Matt handles mortgage, mezzanine, and construction financing; acquisitions and dispositions; developments; joint ventures; and net lease transactions, including VA facility development deals.
His transactions range across different types of commercial real estate assets, including offices, retail, hotels, apartment complexes, and distressed assets, among others. He also has significant experience implementing tax-advantaged ownership structures, including Delaware statutory trusts.
A Unique Tech Background
Prior to attending law school, Matt worked for several years as a software developer and technology consultant. As a result, Matt has a strong tech background and has led several projects that allow the Kelley Drye real estate team to work more efficiently on commercial real estate transactions.
He’s also a member of Kelley Drye’s technology and client service and innovation committees. In this capacity, he helps improve the use of technology throughout the firm and implements software applications that enhance our client relationships.
Matt has leveraged his tech experience to represent software companies in connection with the negotiation of software license agreements, consulting agreements and other related documents. His ability to understand the technical aspects of software development enables Matt to react quickly to business points that may not be salient to attorneys without a background in programming.
In addition to his legal practice, Matt is a director and co-founder of Building Bridges Worldwide, a not-for-profit organization committed to constructing schools, orphanages, clean water wells, medical clinics, and bridges in impoverished communities around the world.
Represented a religious order in connection with the sale of its campus in White Plains, New York.
Represented an owner in connection with the acquisition and development of a portfolio of Department of Veterans Affairs medical clinics, including the negotiation of credit tenant mortgage and mezzanine financing, construction loan financing, joint venture and a complex Delaware statutory trust structure, development agreement and other property documents.
Represented a major investment bank in connection with the origination of a $240 million securitized mortgage loan, secured by a portfolio of hotels in the United States.
Represented the seller of a Park Avenue office tower in connection with a successful litigation after the purchaser defaulted on a $180 million acquisition after the 2007 recession.
Represented a software company in connection with the licensing of a healthcare claims processing system to a third party administrator based in Georgia.