Jennifer Understahl

Practice Areas

Commercial Finance

Debt Finance

Financial Transactions

Leasing

Native American Law & Policy

Real Estate & Land Use

Real Estate Finance

Hospitality

Housing

Retail & Consumer Products

Land Development

Cannabis Law

Outdoor

Apparel & Footwear

CMBS and Real Estate Workouts

Sports

Digital Media & Entertainment, Gaming & Sports

Music, Film & Television

Career

Jennifer Understahl negotiates, strategizes, and collaborates with clients to close sophisticated commercial real estate transactions across the United States and internationally. She has deep experience in the following areas: (i) leading teams supporting owned and leased real estate portfolios, (ii) negotiating complex commercial leases (landlord and tenant), (iii) advising on real estate financing, including originations as well as workouts of existing loans, (iv) closing improved commercial property sales and acquisitions, and (v) forming joint ventures.

Jennifer helps navigate the specific issues that are crucial across a wide range of asset types and situations, including for large, industrial buildings (build to suits and customized fit-outs), retail (including malls, shopping centers, and pads), office buildings (including campuses, high-rise towers, and headquarters), research facilities, and mixed-use projects. She works closely with emerging companies and institutional corporate clients to help them strategize complex deals and also provides day-to-day support for real estate related issues. She is the lead outside real estate counsel for several clients, and guides them in expanding their office, headquarters, and research and development footprint domestically and internationally. She has also helped several online retail companies navigate from ecommerce to brick-and-mortar sales. Jennifer has significant depth in all aspects of commercial real estate loan workouts and represents some of the country’s largest commercial mortgage backed securities (CMBS) special servicers in handling their specially serviced loans.