Michael Marx practices law with the objective of supporting the business goals and interests of his clients. He enjoys financial analysis and advises clients on business, as well as, legal issues. He routinely advises and assists lenders, other institutional clients, private equity firms, high net worth individuals, and other stakeholders with their real estate and business transactions. Mr. Marx has significant experience in negotiating, documenting, and closing joint ventures, acquisitions and dispositions, preferred equity funding, conventional, mezzanine, construction and other forms of financings, loan restructurings and workouts, leases, formation of entities and corporate structures, and asset management arrangements, all involving office, retail, industrial, multifamily, and hotel and other hospitality properties.
During his career, Mr. Marx has either led or actively participated in numerous commercial real estate transactions in the United States, Mexico, Latin America, the Caribbean, Europe and the Middle East with an approximate transaction value of over $5.6 billion.
Prior to joining Steckbauer Weinhart, LLP, Mr. Marx was Of Counsel to the nationally acclaimed Hotel and Resorts Practice Group at Paul, Hastings LLP, Of Counsel to Dewey & LeBoeuf LLP, and a corporate and real estate associate at White & Case LLP.
Mr. Marx is a member of the State Bar of California. He graduated first in his class with a B.S. in business finance from the Marshall School of Business at USC, and earned a J.D. from the Boalt Hall School of Law at U.C. Berkeley.
California Public Employees’ Retirement System (CALPERS) in the structuring and formation of a $205,000,000 joint venture to acquire, renovate, and operate undervalued hotel.
Credit Suisse First Boston in the (a) workout of a $100,000,000 acquisition and construction loan for “Ocean Trails” 18-hole golf course and residential development project located in Palos Verdes, California, (b) acquisition of 70 gas station/convenience store properties located in Houston, Texas, (c) acquisition of over 50 gas station/convenience store properties located in Tennessee and Arkansas, and (d) acquisition of a 450,000 square foot office building located in Wayland, Massachusetts.
General Electric Pension Trust in funding $125,000,000 of mortgage loans secured by office towers and parking structures in Southern California.
An institutional lender in the repurchase of condominium units and sale of twin condominium towers located in Malibu, California, with complex mold and construction-defect issues.
GE Capital Realty Group (a) in the acquisition, disposition, leasing and workout of REO and loan assets acquired from failed financial institutions; and (b) as national deal counsel for portfolios of 500+ assets.
Oaktree Capital Management, Inc. and Colony Advisors, Inc. in the acquisition, disposition, leasing and workout of REO and loan asset portfolios acquired from the failed financial institutions.
High net-worth family in obtaining a $52,000,000 senior and mezzanine construction loan from Deutsche Bank for the renovation of the Loews Hotel located in Beverly Hills, California.
Strategic Hotels in the $56,000,000 sale of the Marriott Rancho Las Palmas Resort & Spa located in Rancho Mirage, California.
Andalex Entertainment Group in the leveraged buy-out of the holding company of the Veneto Hotel and Casino located in Panama City, Panama.
Steadfast Companies in the structuring and formation of a joint venture with Interstate Hotel & Resorts to own and manage hotels located throughout Mexico, and creation of a start-up hotel management company to manage third-party-owned hotels in Mexico.
Belfonti Capital Partners in the $230,000,000 acquisition of the 478-room Aruba Resort, Spa and Casino located in Aruba.
High net-worth family in the cash buy-out of a joint venture partner from a venture that owns and operates middle-market hotels throughout the western United States.
A publicly traded company in lease of silicon wafer manufacturing facility located in Sunnyvale, California, and other real estate matters.
Strategic Realty Capital in a $40,000,000 financing made by CIT Bank to fund the acquisition of four multifamily apartment projects located in Dallas, Texas.
Medical Buildings of America in a $38,000,000 refinancing made by ING Life Insurance and Annuity Company for an office building located in Beverly Hills, California.
A private developer in the creation of a complex joint venture to acquire, finance, and redevelop a $30,000,000 multi-family apartment project in North Hollywood, California.
York Investment Management in the $20,000,000 restructuring of a loan made by U.S. Bank, N.A. secured by a commercial property located in Las Vegas, Nevada.
Individual investors in the purchase of joint venture interests in a limited liability company owning, refurbishing, and operating a $20,000,0000 commercial office building located in Santa Monica, California.
Admissions, Memberships & Qualifications
State Bar of California, 1988
University of California, Berkeley, Boalt School of Law, J.D., (1988)
University of Southern California, Marshall School of Business, B.S., (1985)
Graduated No. 1 from Marshal School of Business
Trustee Scholar, University of Southern California