Tony Toranto
Partner
600 West Broadway
Suite 2600
San Diego, CA 92101
Tony Toranto specializes in real property, business , and energy transactions. Having previously worked in private equity and having been a corporate and real estate client, Mr. Toranto brings a strong financial and business orientation to each engagement and advises clients across a wide range of complex transactional issues. He regularly counsels clients on the acquisition, disposition, development, financing and leasing of real property. His expertise includes advising lenders, borrowers, and guarantors on loan documentation, workout and loan enforcement issues across loans totaling billions of dollars. He also advises clients on general business, corporate and transactional matters, from entity formation to complex contractual negotiations. He chairs the firm’s energy practice group, and advises energy clients on real estate, financing, and other transactional matters, including the negotiation of power purchase agreements.
Recent Work / Representative Matters
Representation of energy developer in connection with real estate and financing issues for an approximately $700 million power plant.
National representation of renewable energy developer in acquisition of over 20 utility-scale power plant sites.
Advised renewable energy developer in US energy regulatory and tax related matters in connection with its European IPO.
Advised renewable developer in connection with site acquisition issues, power purchase agreement negotiations, and financing matters.
Representation of renewable energy investor in acquisition, title matters, and project finance involving $220 million renewable energy project.
Representation of lender in developing solar project debt financing program.
Representation of developer in connection with power purchase agreement, siting and financing issues for multiple renewable energy projects hosted on government facilities.
Representation of lender in connection with an approximately $90 million loan on a redevelopment project in Southern California, including a deferred equity agreement and affordable housing.
Representation of lender in connection with a $50 million construction loan for a build-to-suit office project in Southern California.
Representation of lender in connection with a $100 million secured line of credit.
Representation of lender in connection with a $64 million industrial build-to-suit in Nevada.
Representation of lender in a $60 million financing in connection with a portfolio of cross-collateralized income properties.
Representation of a national retailer in lease negotiations.
Negotiation of a complex joint venture agreement on behalf of a developer with a landowner for a mixed-use project with approximately 120 residential units in Northern California.
Negotiation of loan documents on behalf of a borrower for an $89 million construction loan to build a 290,000-square-foot retail power center.
Representation of borrower in the workout of approximately $30 million in loans from multiple lenders in connection with a large condominium project in Northern California.
Representation of a shopping center owner in lease negotiations with anchor and inline tenants.
Representation of buyer in connection with the negotiation of a hotel purchase and sale agreement, together with related agreements involving non-compete issues, subdivision issues, and future development rights.
Drafting form loan documents for multiple lenders with varying needs, including conventional banks, life insurance companies, bridge lenders, and hard money lenders.
Representation of lender in negotiation, documentation, and subsequent workout of $13 million construction loan for a mixed use project in Southern California.
Representation of over a dozen companies as outside general counsel in connection with corporate and real estate transactions.
Advise fund on structuring and other matters related to business of making loans secured by personal property.
Representation of various companies and funds in connection with private placements.
Representation of an owner in an interest under a long term ground lease in connection with a proposed joint venture / acquisition proposal.
Memberships
State Bar of California.
Urban Land Institute.
Stanford Club of San Diego - Board of Directors.
Salk Institute Excelerators - Cabinet Member.
Stanford Graduate School of Business Young Real Estate Professionals (Land Dogs) - Founder and Member.
CleanTECH San Diego - Capital Formation Committee.
Solar Energy Industry Association (SEIA).
Special Notes
Mr. Toranto is also the inventor on various issued or pending patents. He has lectured in the areas of transactional due diligence and real estate development, and has published a series of articles on real estate finance and enforcement pitfalls.