Business LawTrusts and EstatesEmployment LawLitigation
Anthony A. Arostegui
vCardStatement of Practice
Tony Arostegui is a shareholder with the law firm of Trainor Fairbrook, and is head of the firm’s real estate transaction department. He has been practicing commercial real estate law in the greater Sacramento area since 1984.
Mr. Arostegui’s practice is focused on complex real estate transactions involving the acquisition and divestment of real estate, commercial leasing and real estate lending. Recent experience includes the representation of borrowers, lenders, receivers and trustees in connection with loan workouts and modifications; judicial and non-judicial foreclosures; receivership appointments and bankruptcies. His clientele include private and publicly traded developers, land owners, real estate investors, property management companies, lending institutions and governmental entities.
Mr. Arostegui has given numerous seminars and presentations to various real estate industry groups and has taught real estate law classes for the University of California extension program, Continuing Education of the Bar (CEB), California State Bar Real Property Section and McGeorge School of Law. He has authored various real estate articles and publications including the parties, interest and premises chapter of the book, Ground Lease Practice published by the California Continuing Education of the Bar in 2009.
Real Estate Loan Workouts
Workout of Mortgage Debt
Represented real estate developer in connection with the negotiation of forbearance and extension agreements with two secured lenders concerning approximately $125 Million of mortgage debt.
Workout of Restaurant Loans
Represented restaurant owner in connection with the negotiation and documentation of forbearance and extension agreements concerning approximately $45 Million in real property and personal property secured loans.
Loan to Debtor in Possession
Represented debtor in possession with respect to a loan of approximately $35 Million to consolidate and retire existing indebtedness.
Loan Workout with Mortgage and Mezzanine Lenders
Represented borrower in connection with a loan workout concerning approximately $26 Million of mortgage and mezzanine loans secured by real estate as well as other collateral in Napa, California.
Real Estate Transactions
Disposition of Real Estate Assets
Represented developer in the disposition of entitled land, office, multi-family and retail projects valued at approximately $250 Million.
Lease to Governmental Entity
Represented national developer in connection with an approximately 43,000 square foot office building lease to the State of California.
Office Building Acquisition
Represented trade association in the disposition of one office building and purchase of another office building in downtown Sacramento, California.
Acquisition of Retail Shopping Centers
Represented buyer in connection with the acquisition of several anchored retail centers in Northern California.
Grocery Store Leases in Sacramento, California
Represented two separate owners in connection with leases to national grocery store chain.
Acquisition of Office Building by Foreign Entity
Represented foreign entity in connection with the acquisition of an office building for use as consulate.