Jessica Bula focuses her practice on commercial real estate finance and investment, with a specialty in hospitality transactions. She routinely advises lenders with respect to the unique aspects of hotel management agreements and franchise agreements that govern the operation and flagging of hotel collateral. In connection with various mortgage and mezzanine loan originations, she has negotiated hotel comfort letters and subordination agreements for over 1200 hotel properties. The representative collateral for such transactions has ranged from luxury resorts in the Caribbean and Hawaii to large portfolios of select service hotels across the U.S. and Canada.
Jessica has worked extensively on other types of complex collateral in commercial real estate transactions, including ground leases, condominium structures and development projects. Additionally, she has significant experience in resolving non-performing loans through loan restructurings, workouts and foreclosures of complex-distressed debt structures. She has represented a number of investment banks, life insurance companies, commercial banks, institutional investors and loan servicers.