Rhys Hefta

Practice Areas

Rhys Hefta is a partner in the firm's Real Estate practice. He advises clients on purchases, sales and financing of real estate assets, including office, hospitality, retail, multifamily and senior housing properties. His finance experience includes a wide range of financing structures, including commercial mortgage backed securities, senior and subordinate notes, second mortgage and mezzanine debt and preferred equity. He has represented commercial real estate lenders ranging from Wall Street investment banks, governmental agencies, life insurance companies, foreign lending institutions and their domestic branches and other institutional lenders in all aspects of loan originations, structuring, purchases and sales, securitization and syndications, as well as workouts and restructurings. He has experience in both construction and permanent financing as well as distressed debt financing.

Rhys has represented clients in sophisticated joint venture transactions. He also has experience in commercial leasing, as well as representing owners in the negotiation of asset and property management agreements and franchise agreements.

Professional Memberships

Fellow, American College of Real Estate Lawyers

WSBA Real Property Probate and Trust Quarterly Newsletter, Editor (2015-16)

Real Property Council member of the WSBA Real Property, Probate and Trust Section Executive Committee

Publications

Update for Washington State Property Owners: The New Commercial Property Assessed Clean Energy and Resiliency (C-PACER) Program, Probate and Property, March/April 2021

Real Property Practice Tip: Don’t Let your Client Overpay Real Estate Excise Tax when Conveying Improved Ground Leased Property, WSBA Real Property Probate & Trust, Spring 2015

Collateral Agents in a Post-BAIN World: A Brief Exploration of the Common Law of Agency, WSBA Real Property Probate & Trust, Summer 2013

Real Property Practice Tip: Reviewing Real Estate Loan Documents for Washington Law Compliance, WSBA Real Property Probate & Trust, Fall 2012

Roommates (the potential use of joint ventures as an alternative to traditional seller financing), The Deal; Judgment Call, March 8, 2010 (primary author)

The Joint Ventures as an Alternative Source of Capital, New York Law Journal, January 12, 2009 (co-author)

Education