Ed Gabbay primarily represents financial institutions, private equity firms, and other corporate clients in the area of debt finance. He regularly represents clients in a wide spectrum of industries, including the commercial real estate, hospitality, and health care sectors, as well as financings in more traditional manufacturing and service sectors.

Mr. Gabbay advises on secured and unsecured syndicated loan facilities as well as bilateral financings, in transactions that range in size from tens of millions to billions of dollars. These transactions frequently involve multi-tier capital structures that include senior debt, mezzanine debt, high-yield securities, and second lien facilities. He has extensive experience with covenant-lite and other cash flow structures, and a strong background in traditional asset-based finance.

Mr. Gabbay is a member of the firm's Mergers and Acquisitions practice with extensive experience in acquisition finance. He also has extensive experience with debt restructurings and is an active member of the firm's Creditor practice.

Mr. Gabbay received his law degree from Fordham University School of Law, where he was a member of the Fordham University Law Review.

Experience

  • Administrative Agent and Joint Lead Arranger in multicurrency revolving credit and term loan facilities aggregating $3.0 billion for a leading real estate investment trust with a high-quality, diverse portfolio of seniors housing and healthcare properties.
  • Administrative Agent and Joint Lead Arranger in multicurrency revolving credit and term loan facilities aggregating $2.0 billion for Boston Properties, Inc., one of the largest owners, managers, and developers of first-class office properties in the United States.
  • Administrative Agent and Joint Lead Arranger in multicurrency revolving credit and term loan facilities aggregating $1.85 billion for W.P. Carey, a leading, internally managed net-lease REIT that operates primarily in the US and Europe.
  • Administrative Agent and Joint Lead Arrangers in a $2 billion multicurrency revolving credit facility extended to one of the nation's largest multifamily REITs.
  • Administrative Agent and Joint Lead Arrangers in a $4 billion multicurrency revolving credit facility extended to one of the world's largest hospitality companies.

  • Administrative Agent and Joint Lead Arrangers in a $1.5 billion multicurrency transaction for a leading REIT engaged in the office/laboratory and technology sector.
  • Administrative Agent and "Left" Lead Arranger and Bookrunner in the negotiation of $2 billion revolving credit and term loan facilities to a healthcare real estate investment trust.
  • Administrative Agent, Syndication Agent and Joint Lead Arrangers in the negotiation and subsequent refinancing of a $1.5 billion multicurrency revolving credit facility and a $350 million team loan extended to one of the world's largest hospitality companies.
  • Administrative Agent and Mandated Lead Arranger in a £225 million revolving credit facility provided to a UK affiliate of a US-based real estate investment and services company, which permits an increase of the facility to £400 million subject to satisfaction of certain conditions.
  • Administrative Agent in an $800 million revolving credit facility extended to an established public REIT focused on office and retail properties in the NY metropolitan area.
  • Administrative Agent in a $1 billion revolving credit facility extended to a newly formed public REIT with a portfolio of office properties in large urban markets across the United States.
  • Administrative Agent in an $850 million revolving credit and term loan facilities extended to a high-profile REIT investing principally in office properties located in high density markets.

Recognition

IFLR 1000
"Leading Lawyer," Banking, US (2013-2017)

Credentials

Education
  • JD, Fordham University School of Law, 1985
  • BS, Cornell University, 1981
Admissions
  • New York
Activities
  • Member, New York Bar Association
  • Member, American Bar Association
Overview

Email Disclaimer