Danny Guggenheim is a Partner at Pircher, Nichols & Meeks in Los Angeles, and dedicates the bulk of his practice to the representation of private equity funds, non-bank lenders and other investors in connection with joint ventures, loan originations and acquisitions.
Mr. Guggenheim is the author of “The IRR Ate My Capital! How IRR Hurdles in Real Estate JVs May Cannibalize Contributions Made After Promote Distributions,” Commercial Property Executive (April 21, 2015), and the co-author of “Contribution Default Remedies in a Real Estate Venture,” Business Entities (November/December 2013), and “Important Issues in Purchasing and Resolving Distressed Real Estate Debt,” BNA Inc. Real Estate Industry & Law Report (March 2009), and has spoken on those and similar topics on several occasions.
He received his bachelor’s degree in Political Science (International Affairs) in 2000 from Columbia University, and his J.D. in 2004 from the University of Southern California. At USC, he was a member of the National Moot Court Team, and served as President of the Student Bar Association and as a financial extern in United States District Court.
Mr. Guggenheim was included in the 20th (2014) and 21st (2015) Editions of The Best Lawyers in America in the practice area of Real Estate Law, as well as the 2010, 2012, 2013, 2014 and 2015 Southern California Super Lawyers-Rising Stars lists, and received the Outstanding Young Lawyer Award for 2012 from the Real Property Section of the Los Angeles County Bar Association. He currently serves on the Board of the USC Law School Alumni Association.
Joint Venture/Acquisition for High Rise Development — Formation of a pari passu joint venture to acquire a litigation and bankruptcy-entangled urban property assemblage for redevelopment, including the acquisition of the properties from the prior lender and settlement with the prior owner.
Preferred Equity Investment for Multifamily Development — Formation of a preferred equity joint venture to develop a multi-family residential complex, including the contribution of the property to the joint venture and construction financing.
Hotel Portfolio Acquisitions — Acquisition of two hotel portfolios with a total of ten hotels, located in six states and affiliated with various brands.
Recapitalization of Office Portfolio — Acquisition of a majority interest in a portfolio of office buildings, including the related joint venture, mortgage loan assumption and new mezzanine loan.
Loan Originations — Origination of over $250mm of loans intended for securitization, with collateral including hotels, shopping malls, an industrial building portfolio, apartment buildings and mixed-use projects.