LAURA C. PRAGER
*** *. **** ******, *** York, NY 10016 *********@*****.*** 917-***-****
REAL ESTATE FINANCE ATTORNEY/BANKER/BUSINESS PROFESSIONAL Profile, which includes the following key qualifications:
15+ years’ experience at top-tier investment banks and law firms – specialties include acquisitions, dispositions, leasing, and, in particular, real estate and corporate finance
Transactions primarily include on the banking/legal side, CMBS and syndicated real estate large non-
recourse/recourse loans, mezzanine financing,
construction lending, and corporate financing
On the business side, experience in originating, underwriting, structuring, and executing CMBS and
syndicated CRE finance transactions
Work closely with risk, legal, compliance, and credit to ensure compliance with operational
risk/processes/controls
Strong negotiation and drafting skills
Work closely with securitization teams to provide deal specifics to the rating agencies
Proven track record of influencing stakeholders at all levels of the organizations
Expertise in identifying new business opportunities and resolving client concerns
Ability to navigate organizations and identify
individuals to meet client needs
Extensive client relationship management skills
Relationships with Wall Street C-level/senior
decision-makers, borrowers, lenders, purchasers and sellers, and other industry sources
Advanced degrees include JD and MBA,
undergraduate work in finance and marketing
PROFESSIONAL EXPERIENCE
Real Estate and Legal Consultant, New York, NY 2010 - Present LP Strategic Capital, LLC (“LPSC”)
Provide real estate advisory and legal work, including negotiating and drafting documents for various real estate and other finance/contractual matters; actively invest in and manage a variety of commercial real estate deals.
Business/Legal Consultant to AssetEye Inc. from 2010 to 2016.
Initially formed company and filed all necessary legal documentation pre-financial crisis.
Assisted in the initial stages of the product’s development, worked with founders to provide industry expertise with regard to real estate reporting, management, and deal structure.
Thereafter provided ongoing legal work, including client and other contractual agreements.
Provided advisory services during company’s 2016 acquisition by a public company.
Business/Legal Consultant to Oak Circle Capital Partners LLC from 2011 to 2013 (responsible for pre-IPO review/advisory work relating to a mortgage-backed securities investment manager of a REIT (IPO - April 2013).
Contract Attorney for law firms including Kaye Scholer, LLP, Kleinberg, Kaplan, Wolff & Cohen, P.C.
Represented institutional lenders/investment banks in financing commercial real estate of all property types. Performed additional contract work for non-financial clients in connection with other real estate matters.
Transactions include drafting, acquisition financings, permanent financings, and mezzanine loans; also assist in the due diligence process on large multi-asset/state portfolios in respect of fixed/floating rate loans. ICAP North America 2008 – 2010
Independently developed a business plan to establish a secondary market infrastructure connecting buyers and sellers of secondary market products in real estate, hedge funds, and private equity.
Hired by ICAP for nine-month engagement (beginning mid-2009) to implement the secondary market platform.
Responsible for finding deals, initial review of same, acting as liaison between sellers and purchasers, and working with legal counsel in negotiating and preparing agreements necessary to complete transactions. 2
Credit Suisse, New York, NY 2006 - 2008
Senior VP, Large Loan Originations (Real Estate Finance and Securitization Group) Responsible for the origination of real estate CMBS and other large loans from origination through closing. Clients included: RE Funds, PE funds, and HFs, institutional investors, banks, real estate companies, developers, and UHNWI.
Focused as an originator and attorney on CMBS and non-traditional structured large fixed/floating rate loans, cash flow producing conduit loans, mezzanine loans, & larger syndicated pre-development/construction loans.
Reviewed and commented on Sponsor underwriting (from both a lender and investor prospective), and advised on structures to give clients a more reasonable likelihood of getting through the securitization process.
Directed legal counsel in preparing/negotiating related legal documentation necessary to complete transactions.
In ’07, underwrote $10b+ in CRE loans across all asset classes (prior to market correction, closed $1b+ in loans).
Managed clients’ expectations from origination through closing, including providing and requesting information required by CS.
Bank of America, N.A., New York, NY 2005 - 2006
Vice President, CMBS Originations (CMBS Capital Markets) Recruited by BofA to originate, structure and close CMBS large loans, and specifically to assist in transitioning their bifurcated large loan/legal CMBS platform to an origination through closing process, more in -line with Credit Suisse, Deutsche Bank and other IBs. This strategic transition ultimately was not approved by senior leadership. J.P. Morgan Mortgage Capital, Inc., New York, NY 2004 - 2005 Senior Associate (CMBS Large Loans Group)
Hired by JP Morgan to underwrite and structure large loans. Reviewed 75+ transactions, with value over $5b; closed a number of large loans, including single assets and large portfolios, totaling approx. $700mm. Shearman & Sterling LLP/O’Melveny and Myers, New York, NY 1998 - 2004 Senior Associate/Partner Candidate (Property Group, Real Estate Finance and Acquisitions) 6 consecutive years with same Partner. Moved with OMM Partner to S&S in 2001 after OMM exited Real Estate Practice.
Financings: Advised and represented institutional borrowers and lenders in financing commercial real estate of all property types (including single assets and multi-state portfolios). Valuations ranged from $50mm to $2b. Specialized in negotiating/drafting all documentation related to all asset classes, including complex term sheets, non-recourse and recourse fixed/floating rate loan documentation, mezzanine financings, syndicated lending, revolving credit facilities, construction loans, ancillary documentation, inter-creditor agreements and debt restructurings.
Acquisitions/Dispositions: Advised and represented public/private investors in the acquisition, disposition, development, and leasing of single assets and multi-state portfolios (included all asset classes). Specialized in the negotiation/documentation related to all aspects of the transaction, including all formation documents and JV vehicles, purchase and sale agreements, leasing, management and franchise agreements, and other relevant documentation.
Jones Day, New York, NY (Associate dedicated to all real estate lending (including construction), leasing, and acquisitions/dispositions 1996–1998)
White and Case, New York, NY (Real Estate Associate dedicated to M&A Practice 1994–1996) The Southland Corporation, Dallas, TX (Director of Sales/Marketing - Corporate Marketing Department 1989 – 1991) EDUCATION, LICENSES AND AFFILIATIONS
JD, Southern Methodist University, 1994 – Cum Laude (top 11%); Other Law School Achievements: Best in Class Memorandum Award, American Jurisprudence Award, Merit Scholarship, & Moot Court Board/Chief Justice; Licensed in NY and Member of the American/NY Bar Associations.
MBA (Finance) The University of North Texas, 1988.
BBAs (Marketing and Finance) The University of Texas at Austin, 1986; Dean’s List.