
Nick Passarello
Associate
Suite 2100
Biography
Nick is an associate in the Commercial Lending and Real Estate Practices. He represents lenders and borrowers in connection with a range of secured lending transactions, including syndicated, club and bilateral senior credit facilities for cash flow and asset-based loans, private equity financings (including leveraged buyouts, dividend recapitalizations and bolt-on/tuck-in acquisitions), commercial real estate term and construction loan transactions, and the origination and servicing of commercial mortgage backed securities (CMBS) loans. He also has experience representing property owners, developers, and tenants in the purchase, sale, financing, and leasing of new or existing office, multifamily, retail and industrial commercial real estate projects.
Nick received his J.D. from Duke University School of Law, where he served as the editor-in-chief of the Alaska Law Review. He received a dual degree in political science and psychology from the University of Georgia in 2010. He serves on the firm’s Associates Committee.
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Experience
- Represented domestic subsidiary of a European packaging material manufacturer in obtaining $4.1MM in term and revolving debt from a foreign bank to fund build-out of the company’s first American manufacturing line and provide operating capital.
- Represented Israeli real estate investors in obtaining $35MM line of credit from a national bank to fund the acquisition of a multi-state portfolio of industrial properties, including subsequent additions of after-acquired properties to the collateral base and increases to the revolving commitment.
- Represented bank extending $40MM in term and revolving debt to a sponsor-owned commercial communications services company to fund a dividend recapitalization transaction.
- Represented bank establishing a $25MM revolving facility to provide operating line of credit to an electronic event ticket broker.
- Represented bank making $13.5MM of term and revolving loans to fund sponsor’s leveraged acquisition of a medical information processor.
- Represented bank extending $8MM of revolving credit to Florida-based beef packer.
- Represented a non-bank lender making a $30.25MM perm loan to refinance construction debt on a 100k+ RSF Class A office building in North Carolina.
- SunTrust Banks – AGG Helps Facilitate Loans to Private Equity Firms for M&A Deals
- Synovus – Financing Issues Resolved for Employee Stock Ownership Plan (ESOP)
- InterContinental Hotels Group - AGG Hired to Negotiate Largest Office Lease Transaction in Atlanta Area for 2015
- Mercy Housing - Arnall Golden Gregory Successfully Paves the Way for Reynoldstown Senior
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Credentials
- Duke University School of Law, Juris Doctor
- University of Georgia, Bachelor of Arts - Political Science,summa cum laude with Highest Honors
- University of Georgia, Bachelor of Science - Psychology,summa cum laude with Highest Honors
- State of Georgia – 2013
- American Bar Association
- State Bar of Georgia – Section of Real Property Law
- Commercial Finance Association
- Association for Capital Growth
Recognition
- Best Lawyers “Ones to Watch” (Banking and Finance Law, Real Estate Law) – 2021
News & Insights
- PublicationsUnderstanding the Upcoming Shift to “Hardwired” LIBOR Replacement Provisions in Bilateral Business Loan DocumentsOctober 19, 2020 | Alerts | Arnall Golden Gregory LLP
- NewsArnall Golden Gregory Attorneys Recognized in 2021 Best Lawyers in America GuidesAugust 20, 2020 | News Releases | Arnall Golden Gregory LLP
- PublicationsLender Liability and COVID-19March 16, 2020 | Alerts | Arnall Golden Gregory LLP