- Representing master servicers and special servicers in the CMBS industry in single-site and multisite, multistate loan workouts, modifications, assumptions and equity transfers and with a variety of consent issues, including loan borrower restructurings, partial releases, condemnations, and construction and leasing issues; interpreting pooling and servicing and subservicing agreements; and obtaining rating agency confirmations.
- Represented a financial institution as special servicer in the workout of a capital stack of over $1 billion secured by an office building in New York.
- Represented an institutional warehouse lender in a $1 billion collateralized loan obligation (CLO) transaction.
- Represented a financial institution as special servicer in the workout of two $700 million mortgage loans secured by a portfolio of shopping mall properties.
- Represented a financial institution as master servicer in connection with a loan extension and modification of a $475 million SASB loan secured by a hospitality property in order to document a $20 million reinvestment initiative by the sponsor.
- Represented a financial institution as special servicer in the workout and assumption of a $300 million mortgage loan secured by a shopping mall.
- Represented a financial institution as special servicer in the assumption of a $250 million mortgage loan secured by an office building in Jersey City, NJ.
- Represented a financial institution as special servicer in the workout of a $190 million mortgage loan secured by a portfolio of hospitality properties.
- Represented a financial institution as special servicer in the workout of a $188 million mortgage loan secured by the InterContinental New York Times Square hotel.
- Represented a financial institution as master servicer in the modification and assumption of a portfolio of hospitality properties located in California consisting of four separate loans in four separate securitizations in the height of the COVID-19 pandemic to account for new ownership including a fund with assets of over $1 billion under management and to account for hotel closures and government mandates.
Partner,
- Phone: +1 704 444 1340
- Email: seaira.wolf@alston.com
Seaira represents institutional and nonbank lenders, focusing on the origination and servicing of CMBS loans.
- Represented a financial institution as special servicer for which the lender consented to a non-permitted equity transfer of indirect ownership interests in the borrower related to the loan guarantor’s merger, restructuring as a REIT and listing on the New York Stock Exchange.
- Represented a financial institution in the origination of a bridge loan secured by a mixed-used property in Brooklyn, including structuring the loan to account for tax incentives under Section 421-a (16) of the New York State Real Property Tax Law and Chapter 51 of Title 28 of the Rules of the City of New York, as well as ICAP incentives under The Industrial and Commercial Abatement Program as set forth in Sections 489-aaaaaa et. seq. of the New York State Real Property Tax Law, Section 11-268 et. seq. of the Administrative Code of the City of New York, and Section 36-01 et. seq. of the Rules and Regulations of the City of New York.
- Represented a financial institution in the origination of a bridge loan secured by a mixed-use property in Brooklyn, including structuring the loan to account for the NYC Hudson Superstorm Sandy Rebuilding Fund owning 100% of the indirect ownership interests in the borrower entity.
- Represented a financial institution in the origination of a CMBS loan evidenced by three pari passu notes and secured by 56 properties subject to a master lease.
Seaira Wolf is a partner in Alston & Bird’s Real Estate Group. She focuses her practice on commercial real estate finance and loan servicing. Seaira represents institutional and nonbank lenders, financial institutions, and servicers in a broad range of commercial real estate finance transactions, including commercial mortgage conduit, bridge, and construction loan originations, repurchase and warehouse facilities, and special servicing and master servicing matters.
Seaira has been recognized by The Best Lawyers in America® “Ones to Watch” for Real Estate Law.
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Press Release January 23, 2024Alston & Bird Represents Hilton Grand Vacations in Acquisition of Bluegreen VacationsAlston & Bird represented Hilton Grand Vacations Inc. (HGV), a global timeshare company, in closing its $1.5 billion acquisition of Bluegreen Vacations, a leading vacation ownership company.Press Release January 23, 2024Alston & Bird Represents Hilton Grand Vacations in Acquisition of Bluegreen VacationsAlston & Bird represented Hilton Grand Vacations Inc. (HGV), a global timeshare company, in closing its $1.5 billion acquisition of Bluegreen Vacations, a leading vacation ownership company.
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In the News January 4, 2024Daily Report | Alston and Kilpatrick Keep Up Atlanta-Heavy Partner PromotionsNewly elected partners Robert Ardern, Elizabeth Buckel, Michael Deane, Chad Fights, Tim Fitzmaurice, Anna French, Meredith Gage, John Gerl, Kerri-Ann Griggs, William Hao, Andrew Hatchett, Sam Jockel, Jacob Johnson, Matthew Johnson, Matthew Lawson, Andrew Liebler, Antone Little, Bhanu Mathur, Tyler Pate, Alan Pryor, Courtney Quirós, Daniel Rowe, Joanna Schorr, Chris Underwood, Emily Welch, and Seaira Wolf are mentioned.In the News January 4, 2024Daily Report | Alston and Kilpatrick Keep Up Atlanta-Heavy Partner PromotionsNewly elected partners Robert Ardern, Elizabeth Buckel, Michael Deane, Chad Fights, Tim Fitzmaurice, Anna French, Meredith Gage, John Gerl, Kerri-Ann Griggs, William Hao, Andrew Hatchett, Sam Jockel, Jacob Johnson, Matthew Johnson, Matthew Lawson, Andrew Liebler, Antone Little, Bhanu Mathur, Tyler Pate, Alan Pryor, Courtney Quirós, Daniel Rowe, Joanna Schorr, Chris Underwood, Emily Welch, and Seaira Wolf are mentioned.
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In the News January 4, 2024Law360 | Litigators Dominate in Alston & Bird’s 27-Partner ClassNewly elected partners Robert Ardern, Elizabeth Buckel, Michael Deane, Chad Fights, Tim Fitzmaurice, Anna French, Meredith Gage, John Gerl, Kerri-Ann Griggs, William Hao, Andrew Hatchett, Sam Jockel, Jacob Johnson, Matthew Johnson, Matthew Lawson, Andrew Liebler, Antone Little, Bhanu Mathur, Tyler Pate, Alan Pryor, Courtney Quirós, Daniel Rowe, Joanna Schorr, Chris Underwood, Emily Welch, and Seaira Wolf are mentioned.In the News January 4, 2024Law360 | Litigators Dominate in Alston & Bird’s 27-Partner ClassNewly elected partners Robert Ardern, Elizabeth Buckel, Michael Deane, Chad Fights, Tim Fitzmaurice, Anna French, Meredith Gage, John Gerl, Kerri-Ann Griggs, William Hao, Andrew Hatchett, Sam Jockel, Jacob Johnson, Matthew Johnson, Matthew Lawson, Andrew Liebler, Antone Little, Bhanu Mathur, Tyler Pate, Alan Pryor, Courtney Quirós, Daniel Rowe, Joanna Schorr, Chris Underwood, Emily Welch, and Seaira Wolf are mentioned.
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Press Release January 3, 2024Alston & Bird Elects 27 New PartnersAlston & Bird announces the election of 27 lawyers to its partnership, effective January 1, 2024. The new partners span six offices and 11 practice groups.Press Release January 3, 2024Alston & Bird Elects 27 New PartnersAlston & Bird announces the election of 27 lawyers to its partnership, effective January 1, 2024. The new partners span six offices and 11 practice groups.
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Seminar October 19, 20222022 Alston & Bird Servicing SymposiumPlease join us for our 10th Servicing Symposium, a conference devoted to the commercial mortgage servicing industry.Seminar October 19, 20222022 Alston & Bird Servicing SymposiumPlease join us for our 10th Servicing Symposium, a conference devoted to the commercial mortgage servicing industry.
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Webinar March 30, 2021Alston & Bird - Women's Virtual Networking LunchPlease join us for an interactive luncheon where we will hear from industry leaders on how to thrive – and lessons learned – in a remote working environment, followed by guided networking breakout sessions for all attendees.Webinar March 30, 2021Alston & Bird - Women's Virtual Networking LunchPlease join us for an interactive luncheon where we will hear from industry leaders on how to thrive – and lessons learned – in a remote working environment, followed by guided networking breakout sessions for all attendees.
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Spectrum January 2021Structured Finance Spectrum – January 2021Moving on from 2020 and building up for 2021. Read our Structured Finance Spectrum, covering safe harbors & remedies, CLOs & QMs, and passive & ESG investing, among other hot-topic issues in the structured finance markets in the U.S. and UK.Spectrum January 2021Structured Finance Spectrum – January 2021Moving on from 2020 and building up for 2021. Read our Structured Finance Spectrum, covering safe harbors & remedies, CLOs & QMs, and passive & ESG investing, among other hot-topic issues in the structured finance markets in the U.S. and UK.
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Webinar October 15, 2020A CREW Charlotte Event: Navigating CRE Loan Originations and Servicing in a COVID-19 World – Lender, Servicer, and Developer PerspectivesRachel Temple, Colony Canady, Elizabeth Murphy, and Seaira Wolf will discuss the impact of COVID-19 on new structures for loan originations, COVID-19’s servicing and challenges, and its impact on new loans and developer obstacles.Webinar October 15, 2020A CREW Charlotte Event: Navigating CRE Loan Originations and Servicing in a COVID-19 World – Lender, Servicer, and Developer PerspectivesRachel Temple, Colony Canady, Elizabeth Murphy, and Seaira Wolf will discuss the impact of COVID-19 on new structures for loan originations, COVID-19’s servicing and challenges, and its impact on new loans and developer obstacles.
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Spectrum July 2020Structured Finance Spectrum – July 2020Diverse talents bring diverse ideas. Read our Structured Finance Spectrum for the latest on what’s happening in the structured finance markets in the U.S. and UK. If you have any questions, feel free to contact this issue’s contributors and Alston & Bird contacts listed on the final pages.Spectrum July 2020Structured Finance Spectrum – July 2020Diverse talents bring diverse ideas. Read our Structured Finance Spectrum for the latest on what’s happening in the structured finance markets in the U.S. and UK. If you have any questions, feel free to contact this issue’s contributors and Alston & Bird contacts listed on the final pages.
Bar Admissions
- North Carolina
Education
- Loyola University (J.D., 2014)
- Florida State University (B.A., 2011)
Memberships
- Council for Children’s Rights, Custody Advocate Program, volunteer attorney
- Commercial Real Estate Women
- Commercial Real Estate Finance Council