Jonathan Gaynor

Jonathan D. Gaynor Associate Philadelphia | Cira Centre, 2929 Arch Street, Philadelphia, PA, United States of America 19104- 2808 T +1 215 994 2095 | F +1 215 994 2222 [email protected] Services Global Finance > Commercial Mortgage-backed Securities > Residential Mortgage Finance > Jonathan D. Gaynor focuses his practice on global finance matters and, in particular, structured finance transactions. Mr. Gaynor has represented issuers, underwriters and mortgage loan sellers with respect to private mortgage-backed securitizations. He has represented both lenders and borrowers with respect to repurchase and warehouse facilities. He has also advised clients about securities regulatory compliance. Mr. Gaynor is a contributor to Dechert’s finance and real estate blog, Crunched Credit. EDUCATION University of Pennsylvania, B.A., 2005 University of Pennsylvania, M.A., 2006 University of Notre Dame Law School, J.D., 2013, cum laude, Editor-in-Chief of the Journal of College and University Law, 2012 (Vol. 39); Oralist for the New York Nationals Moot Court Team ADMISSIONS Pennsylvania EXTERNAL ARTICLES LIBOR: The Monty Python Parrot of Finance - Crunched Credit (May 18, 2020) ARRC Recommended Spread Adjustment Announced - Crunched Credit (April 13, 2020) CECL: The Ugly Pig Running Out of Lipstick - Crunched Credit (April 6, 2020) Beds without Heads: Hotels in the Era of the Coronavirus - Crunched Credit (March 26, 2020) It’s Time to Originate a SOFR Loan! Really! - Crunched Credit (January 23, 2020) SPEAKING ENGAGEMENTS Dechert LIBOR Update Series - Dechert LLP, Webinar (October 28, 2020) Dechert LIBOR Update Series: The Latest From the LIBOR Front - Dechert LLP, Webinar (September 23, 2020) LIBOR Update Series - Dechert LLP, Webinar (June 4, 2020) LIBOR Update - Dechert LLP, Webinar (April 29, 2020) Visit our Crunched Credit blog for perspectives on today’s market. Visit Crunched Credit.

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Philadelphia Intellectual Property Law Association Membership Dues For
0BPresident President-Elect Vice-President Secretary Treasurer ANGELA VERRECCHIO GERALD B. HALT, JR. STAMATIOS STAMOULIS ROBIN S. QUARTIN JOHN D. SIMMONS Akin Gump Volpe and Koenig, P.C. Stamoulis & Weinblatt LLC Vitae Pharmaceuticals, Inc. Panitch Schwarze Belisario & Two Commerce Square United Plaza Two Fox Point Centre 502 West Office Center Drive Nadel LLP 2001 Market Street, Suite 4100 30 South 17th Street 6 Denny Road, Suite 307 Fort Washington, PA 19034 2005 Market Street, Suite 2200 Philadelphia, PA 19103 Philadelphia, PA 19103-4009 Wilmington, DE 19809 Tel (215) 461-2019 One Commerce Square Tel (215) 965-1286 Tel (215) 568-6400 Tel (302) 999-1540 Fax (215) 461-2029 Philadelphia, PA 19103 Fax (215) 965-1210 Fax (215) 568-6499 Fax (302) 762-1688 Tel (215) 965-1268 Fax (215) 965-1331 Board of Governors: The Officers and THE PHILADELPHIA INTELLECTUAL PROPERTY ANTHONY DIBARTLOMEO (2012-2014) LAW ASSOCIATION MELISSA DOOGAN (2012-2014) STEPHEN WEED (2012-2014) ANDREW KOOPMAN (2013-2015) RUBEN H. MUNOZ (2013-2015) PHILADELPHIA, PA ROBERT E. CANNUSCIO (PAST PRESIDENT) January 6, 2014 TO ALL MEMBERS AND FRIENDS: We hope you have enjoyed the holiday season and extend our best wishes for 2014! We are pleased to announce the Philadelphia Intellectual Property Law Association’s January meeting which will be held on Thursday, January 16, 2014 at the Comcast Center. Location Comcast Center 45th Floor 1701 John F. Kennedy Boulevard, Philadelphia, PA 19103 5:30 pm CLE Program: Creative Commons Speaker: Gerard J. Lewis, Jr., Senior Vice President, Deputy General Counsel & Chief Privacy Officer, Comcast Cable Communications LLC Mr.
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Catherine Wigglesworth Focuses Her Practice on Securities Litigation, Complex Commercial Litigation, and Business Disputes
Catherine V. Wigglesworth Associate Philadelphia | Cira Centre, 2929 Arch Street, Philadelphia, PA, United States of America 19104- 2808 T +1 215 994 2432 | F +1 215 994 2222 [email protected] Services Litigation > Securities Litigation/Enforcement > White Collar, Compliance and Investigations > Catherine Wigglesworth focuses her practice on securities litigation, complex commercial litigation, and business disputes. Ms. Wigglesworth served as a Dechert summer associate in 2011. EXPERIENCE An investment adviser to a mutual fund in excessive fee litigation under the Investment Company Act of 1940. The former investment adviser to a closed-end fund in excessive fee litigation. The board of trustees of a mutual fund in litigation brought under the Investment Company Act of 1940. The directors and officers of a credit card issuer in class action litigation brought under the Securities Act of 1933 and Securities Exchange Act of 1934. A former officer of Fannie Mae in securities litigation brought by the SEC. A former officer of Freddie Mac in financial crisis-related stock drop litigation brought by a state pension fund. An animal health company and its board in shareholder litigation challenging a proposed corporate transaction in the Delaware Court of Chancery. A technology company in shareholder litigation seeking to enjoin the sale of a subsidary in the Delaware Court of Chancery. A major law firm against claims alleging legal malpractice in documenting a transactional matter. A prominent law firm in a breach of fiduciary duty case involving a well-known Philadelphia labor leader. A former federal government official against defamation claims stemming from an investigation into wrongdoing at a major public university.
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Philadelphia Bar Association 2013 Young Lawyers Division Executive Committee Cabinet
PHILADELPHIA BAR ASSOCIATION 2013 YOUNG LAWYERS DIVISION EXECUTIVE COMMITTEE CABINET NAME ADDRESS & PHONE NUMBERS Aneesh A. Mehta Volpe and Koenig PC Chair United Plaza, 30 South 17th Street Philadelphia, PA 19103 215-568-6400 [email protected] Edward F. Beitz White and Williams LLP Chair-Elect One Liberty Place 1650 Market Street, Suite 1800 Philadelphia, PA 19103 215-864-6277 [email protected] Maria E. Harris Martin Banks Vice Chair 1818 Market Street, 35th Floor Philadelphia, PA 19103 215-587-8417 [email protected] Eileen F. Carroll Legal Clinic for the Disabled Secretary 1513 Race Street Philadelphia, PA 19102 215-587-3461 [email protected] Daniel J. Gillin Landman Corsi Ballaine & Ford P.C. Treasurer One Penn Center 1617 John F. Kennedy Boulevard, Suite 955 Philadelphia, PA 19103 215-561-8540 [email protected] Jeffrey N. Rosenthal Blank Rome LLP Financial Secretary One Logan Square 130 North 18th Street Philadelphia, PA 19103 215-569-5553 [email protected] PHILADELPHIA BAR ASSOCIATION 2013 YOUNG LAWYERS DIVISION EXECUTIVE COMMITTEE TERM ENDING DECEMBER 31, 2013 Jo Rosenberger Altman City of Philadelphia Law Department 1515 Arch Street, 16th Floor Philadelphia, PA 19102 215-683-5174 [email protected] Edward F. Beitz White and Williams LLP One Liberty Place 1650 Market Street, Suite 1800 Philadelphia, PA 19103 215-864-6277 [email protected] Anthony H. Chwastyk Radwell International, Inc. 111 Mount Holly Bypass Lumberton, NJ 08048 800-332-4336 x 812 [email protected] Joshu Harris District Attorney's Office Three South Penn Square Philadelphia, PA 19107 215-686-5714 [email protected] Jennifer Lin District Attorney's Office Three South Penn Square Philadelphia, PA 19107 215-686-9899 [email protected] Brielle M.
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01-02 PE Reporter
Cover Story Cira Centre Named Delaware Valley’s 2006 Outstanding Engineering Achievement It is safe to say that the skyline of design and construction of Cira to become a Philadelphia will never be the same. reality, and led to the Cira Centre’s selection Completed in November 2005, the visionary as the 2006 Outstanding Engineering design and striking location of Philadelphia’s Achievement award by the Delaware Valley newest skyscraper has already made the Cira Engineers’ Week Council. Centre a landmark for the City. As the first World-renowned architects Cesar Pelli new office tower completed in area in almost & Associates (now known as Pelli Clarke 15 years, the Cira Centre represents the Pelli Architects) were the Design Architects future of the City of Philadelphia and a for the Cira Centre, and created a building revival for several surrounding sections of like no other the City has seen. Cira expands the City. downtown Philadelphia across the Schuylkill Pennoni Associates Inc., working for River into a new region occupied by client Brandywine Realty Trust, provided 30th Street Station, the University of site/civil engineering, survey, Pennsylvania, and Drexel University, linking environmental, geotechnical, and business to the research, education, and construction inspection services for the culture offered by these two fine universities. design of the Cira Centre. While building a Located at 2929 Arch Street, Cira was structure the size of Cira on any site would constructed in a portion of Amtrak’s North pose challenges, the site chosen for Cira Parking Deck within the former Amtrak Rail was especially challenging for a number of yard.
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Estimated Economic and Fiscal Impact of the Cira Centre
ESTIMATED ECONOMIC AND FISCAL IMPACT OF THE CIRA CENTRE Report Submitted To: Brandywine Realty Trust 401 Plymouth Road Suite 500 Plymouth Meeting PA 19462 Report Submitted By: Econsult Corporation 3600 Market Street 6th Floor Philadelphia PA 19104 January 2007 Estimated Economic and Fiscal Impact of the CIRA Centre 2 TABLE OF CONTENTS 1.0 Executive Summary 4 2.0 Introduction 10 2.1 Overview of Construction Project and Incentive Program 10 2.2 Arguments For and Against KOIZ 11 2.3 The Mechanics of Commercial Real Estate Markets 11 2.4 Commercial Real Estate in Philadelphia 11 2.5 Cost-Benefit Analysis 12 3.0 Methodology 13 3.1 Input-Output Model 13 3.2 KOIZ Evaluation Model 13 4.0 Economic and Fiscal Impacts 15 4.1 Construction Phase 16 4.2 Ongoing Operations 17 4.3 Real Estate Impacts 22 4.3.1 Vacancy Rates 24 4.3.2 Absorption Rates 26 4.3.3 Office Rents 28 4.3.4 Price 30 4.4 Fiscal Impacts 33 4.5 Intangible Benefits 38 5.0 Conclusion 39 Appendix A: Construction Cost Breakout and Assumptions 40 Appendix B: Additional Tables and Charts on Input-Output Model 41 Appendix C: Additional Tables and Charts on Fiscal Impact of KOIZ 44 Appendix D: Economic and Fiscal Impact Model Methodology 46 D.1 Economic Impact Analysis 46 D.2 Fiscal Impact Analysis 48 ECONSULT January 2007 CORPORATION Estimated Economic and Fiscal Impact of the CIRA Centre 3 LIST OF TABLES 1.1 Economic Impacts of the Cira Centre on Philadelphia/Pennsylvania 5 1.2 Fiscal Impacts of the Cira Centre on Philadelphia/Pennsylvania 6 2.1 KOIZ Tax Incentives 10 4.1 Economic Impact
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Cira Centre Sublease Flyer-2,410 SF W Logo.Indd
Cira Centre SUBLEASE 2929 Arch Street 2,410 SF - 1st Floor FEATURES: • Available term 3/1/15 - 9/30/18 • Sleek modern offi ce space on the fi rst fl oor with direct lobby presence • Space includes: - Reception with double glass entry doors - 5 private offi ces - Conference room (seats 6-8) - Open area for 6-8 workstations - 2 private bathrooms - Kitchen/storage/IT - KOZ Tax Benefi ts through 9/30/18 BUILDING AMENITIES: • 1,500 car garage parking • Direct access to SEPTA/Amtrak’s 30th Street Station • The Hub conference center • JG Domestic restaurant • Fitness center on-site • Keystone Opportunity Zone (KOZ) 4% co-op commission 100% on signing Morgan C. Murray Joseph P. McManus Vice President Executive Vice President +1 215 561 8961 +1 215 561 8960 [email protected] [email protected] Licensed: PA Licensed: PA CBRE, Inc. Two Liberty Place | 50 S. 16th Street, Suite 3000 | Philadelphia, PA 19102 T +1 215 561 8900 | F +1 215 557 6719 | www.cbre.com/philadelphiadt Licensed Real Estate Broker SUBLEASE Cira Centre 2929 Arch Street Offi ce 2,410 SF - 1st Floor Reception Conference Open Work Area Morgan C. Murray Joseph P. McManus Vice President Executive Vice President +1 215 561 8961 +1 215 561 8960 [email protected] Market St. [email protected] Licensed: PA Licensed: PA © 2015 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.
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State of Center City Philadelphia 2021
STATE OF CENTER CITY PHILADELPHIA 2021 Restoring | Returning | Reanimating Contents Introduction 1 Office 12 Health Care & Higher Education 18 Conventions, Tourism & Hotels 23 Arts & Culture 27 Retail 30 Employment 37 Transportation & Access 47 Downtown Living 53 Developments 62 Acknowledgements 64 Center City District & Central Philadelphia Development Corporation CENTERCITYPHILA.ORG Chapter Name| 1 Reanimating the City District | Center Center of the City Park Dilworth The global pandemic, local stay-at-home mandates and civil boarded-up storefronts and installed new artwork on many. We unrest created extraordinary challenges for all cities. In Center commissioned 200 decorative banners created by Philadelphia City, pedestrian volumes initially plummeted by 72%, as office artists. Our landscape teams planted street trees, filled park workers, hotel guests, regional shoppers, students, theater and flowerbeds with tens of thousands of bulbs and upgraded street restaurant patrons disappeared. At night, streets were devoid of lighting. We continued to provide fee-for-service cleaning for five cars, sidewalks were empty. From the very start in March 2020, adjacent residential neighborhoods. we had all of our on-street and park employees designated To enhance safety, we deployed new bike patrols and security “essential workers.” The central lesson from the Center City vans in afternoons and seven evenings per week, supplement- District’s founding 30 years ago suddenly had renewed reso- ing the role of our Community Service Representatives (CSRs). nance: the revival of economic activity and vitality depends upon In 2020, CSRs had more than 177,000 sustained conversations confidence in a public environment that is clean, safe with pedestrians seeking directions, responding to inquiries and attractive.
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2014 Investor Property Tour – Evo Cira Centre South
2014 Investor Property Tour – evo Cira Centre South 0 Welcome and Speaker Introduction Campus Crest Communities, Inc Ted W. Rollins Chairman & Chief Executive Officer Robert M. Dann Executive Vice President & Chief Operating Officer Donnie L. Bobbitt Executive Vice President & Chief Financial Officer Brian L. Sharpe Executive Vice President & Chief Construction and Facilities Officer Guest Speakers Gerard H. Sweeney President, Chief Executive Officer and Trustee of Brandywine Realty Trust Matt Bergheiser Executive Director of University City District Craig R. Carnaroli Executive Vice President of the University of Pennsylvania 1 evo at Cira Centre South • 33-story student housing tower in University City, Philadelphia at SE corner of 30th and Chestnut Streets • Joint venture between three leading real estate investors o Brandywine (30%) o CCG (30%) o Harrison Street (40%) • 344 units / 850 beds • Total cost of $158.5 million • Leasing underway for August 2014 opening 2 Market View 3 evo at Cira Centre South – Asset Level Capital Stack Equity Ownership Total Asset Capital Stack Total Capital Stack $158.5 Total Debt $97.8 61.7% $160.0 Total Equity 60.7 38.3% Total Cost $158.5 100.0% $140.0 $120.0 Equity Ownership CCG $18.2 30.0% HSRE 24.3 40.0% $100.0 BDN 18.2 30.0% Total Equity $60.7 100.0% $80.0 • Construction loan reflects ~61.7% LTV $60.0 • LIBOR+220 BPS 61.7% • Floating Rate $40.0 • Maturity date of 7/25/16 • Two 12 month extension options $20.0 • Campus Crest (CCG) reflects 30% equity ownership $0.0 • Brandywine Realty Trust (BDN) reflects 30% equity ownership Total Capital Stack • Harrison Street Real Estate (HSRE) reflects 40% equity ownership Debt CCG HSRE BDN 4 Guest Speakers Gerard H.
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TRANSIT-ORIENTED DEVELOPMENT in PHILADELPHIA: Using a Proven Strategy to Create More Vibrant, Livable Neighborhoods
TRANSIT-ORIENTED DEVELOPMENT IN PHILADELPHIA: Using a proven strategy to create more vibrant, livable neighborhoods. A report outlining opportunities to create more TOD in Philadelphia and its role in supporting a stronger city economy. October 2007 Report researched and written by Econsult Corporation for NeighborhoodsNow F u n d e d i n p a r t b y C i t i b a n k , S u r d n a F o u n d a t i o n a n d T h e P r u d e n t i a l F o u n d a t i o n . About NeighborhoodsNow NeighborhoodsNow, a Philadelphia-based nonprofit contributes to the economic vitality of the city and region by collaborating with public and private organizations to strengthen low- and moderate-income communities. We are a catalyst using public policy work, direct revitalization programs and strategic partnerships to re-energize and rebuild neighborhoods. Our Healthy Neighborhoods Initiative focuses on stabilizing ‘middle-market’ neighborhoods through improvements in physical appearance, resident engagement and market health. Our transit- oriented development work seeks to capitalize on existing transit assets by attracting new real estate investments that benefit current and future neighborhood residents. NeighborhoodsNow is governed by a board of directors with expertise in economic development, neighborhood revitalization and policy development. About Econsult Corporation Econsult Corporation (www.econsult.com) was founded in Philadelphia in 1979 for the purpose of providing high quality economic research and statistical & econometric analysis in support of litigation. Today Econsult’s practice has expanded beyond litigation to include economic consulting services to assist business and public policy decision-makers.
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1 AILA Rapid Response Legal Check-Up the Following
AILA Rapid Response Legal Check-Up The following immigration attorneys, members of the American Immigration Lawyers Association, have agreed to provide a consultation to members of the community who are NOT currently in deportation to review short and long-term immigration options for a fee of up to $100. Christina Aborlleile, Esq. Joseph Best, Esq. 119 West State Street, Suite 300 Best Immigration Law Group Media, PA 19063 2001 Market Street 25th Floor Phone: 610-566-7122 Philadelphia, PA 19103 [email protected] 215-995-2900 [email protected] Audrey L. Allen, Esquire Gonzalo Peralta, Esquire Jose Campos, Esq. AUDREY ALLEN IMMIGRATION LAW, LLC The Campos Law Firm 20 Ash Street, Suite 300 251 E. Broad St., Conshohocken, PA 19428 Bethlehem PA 18018 Phone: 267-405-6600 Phone: 610-868-2230 www.audreyallenimmigration.com http://www.jccamposlaw.com/office-locations Daniel G. Anna, Esq. Mary Chicorelli, Esq. ANNA & ANNA, P.C. Equal Access Legal Services 533-A Darlington Road 30 S 15th Street, 15th Floor Media, PA 19063 Philadelphia, PA 19102 Phone & fax: 610-358-5976 Tel: (215) 834-9227 [email protected] http://www.equalaccesslegal.org/attorneys Law Offices of Matthew Archambeault Emanuel A. Coker, Esquire 1420 Walnut St, #1188 2293 Bryn Mawr Avenue Philadelphia, PA 19102 Philadelphia, PA 19131 (215) 826-5226 Tel: (215) 385-0762 Matthew Archambeault, Esq. [email protected] Daniel Choi, Esq. http://www.archambeaultlaw.com Cherylle Corpuz, Esq. Reger Rizzo & Darnall LLP Calyn Arnold, Esq. Cira Centre, 13th Floor Green and Spiegel LLC 2929 Arch Street 1524 Delancey Street, 4th Floor Philadelphia, PA 19104 Philadelphia, Pennsylvania 19102 Phone: 215-495-6551 (215) 395-8959 www.regerlaw.com http://www.gands.com/en-us/home Steven P.
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Retail Brochure
schuylkillyards.com BY BRANDYWINE REALTY TRUST The Vision Schuylkill Yards transforms 14 acres adjacent to Philadelphia’s 30th Street Station, replacing parking lots with a vibrant 6.9 million SF neighborhood of parks, lifestyle experiences, and workspaces intentionally designed for productivity and wellbeing. Building upon our country’s historic values of invention, equity, entrepreneurship and courage, Schuylkill Yards introduces the next chapter for Philadelphia. Here, we are connecting people and communities, uniting bold brands with driven, entrepreneurial minded talent. Our vision is executed by the world’s best architects, engineers, planners and designers, and guided by an intentional, inclusive approach. Now, a new place is rising between Center City and University City—inspiring us to continue building the powerful legacy of Philadelphia. SF of4.8M Work Spaces SF of1.9M Living Spaces SF of Retail132K Experiences 6.5of Greenspace Acres The NEW HEART of America’s First Great City Your New Neighbors Our Neighborhood is Brilliant This is where talent flocks to and people set down roots after graduation. Anchored by several of the nation’s most acclaimed educational and medical institutions, University City continues to thrive as the center for innovation and opportunities. largest 4thpopulation of students in the U.S. with 440,000 students College54% Students Stay in Area after Talent Thrives Here Graduation It just got way easier to recruit the nation's top talent. Here, you are surrounded by Increase115% in College- the risk-takers, boundary-pushers, and educated 25-34 forward-thinkers. These people are driven by Year-olds, 2000-2017 passion and purpose, and they’re seeking like-minded companies and leaders who will push for advances in life sciences, technology and business.
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The Cira Centre: It's Still a Tax Deal That Keeps on Taking | Inquirer | 03/30
The Economy | The Cira Centre: It's still a tax deal that keeps on taking | Inquirer | 03/30/... Page 1 of 3 The Economy | The Cira Centre: It's still a tax deal that keeps on taking By Andrew Cassel Inquirer Columnist MICHAEL BRYANT / Inquirer Staff Photographer The Cira Centre towers over trees and buildings east of the Schuylkill. Not everyone likes the tax deal that made it possible. The economists whom Brandywine Realty Trust hired say I was wrong about Cira Centre. They say the 29-story skyscraper, which now sits handsomely above the railroad tracks next to 30th Street Station, wasn't a giant tax boondoggle after all. In a study they prepared for the developer, economists from the consulting firm Econsult say Cira has actually been a good thing for Philadelphia's economy, bringing jobs to the city and adding to the tax base. That's as opposed to what some people, me included, said back when Cira was going up two years ago. At that time, I noted that the Cira project was made possible by a special tax deal in which tenants of the new office tower wouldn't have to pay city or state levies until 2018. http://www.printthis.clickability.com/pt/cpt?action=cpt&title=The+Economy+%7C+The+C... 4/2/2007 The Economy | The Cira Centre: It's still a tax deal that keeps on taking | Inquirer | 03/30/... Page 2 of 3 The tax break - labeled a "Keystone Opportunity Zone" - was billed as a way to lure business to the city.
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