Rachel Atchison

Worked with the Tonkon Torp team to guide the client through a complicated reverse exchange pursuant to Section 1031 of the Internal Revenue Code, as amended, and the Treasury Regulations promulgated thereunder, which involved the purchase of 10 real property interests and the sale of one real property interest. These carefully timed transactions also involved the client's exercise of a put option under the controlling ground lease, the termination of numerous tenancy-in-common agreements, the assumption of dozens of leases, and the coordination of tenants, counter-parties and their counsel, two title companies, and the exchange accommodation titleholder/qualified intermediary company.

Worked with the Tonkon Torp team in guiding the client through executing another complicated reverse exchange pursuant to Section 1031 of the Internal Revenue Code, as amended, and the Treasury Regulations promulgated thereunder, which involved the purchase of one real property interest far different than the rest of the client's real estate portfolio and the sale of one real property interest that the client owned for decades. These transactions also involved the client's exercise of a renegotiated put option under the controlling ground lease, the formation of a master tenant entity, a new property management agreement, the assumption of numerous leases, and the coordination of counter-parties and their counsel, two title companies, and the exchange accommodation titleholder/qualified intermediary company.

Represented private equity firm in $200 million acquisition and development of five utility-scale wind projects in Eastern Oregon for sale of power to prominent Idaho utility.

Represented the purchaser in the recent acquisition of  a rival developer's U.S. solar energy development portfolio. Purchaser acquired 14 large-scale solar projects in the late stages of development in California and New Mexico, along with numerous early-stage projects scattered across the nation.