Spotlights
Stoel Rives Helps Secure $9.4 Million Jury Verdict in Patent Infringement Case for SnapPowerStoel Rives litigator Elliott Williams helped secure a $9.4M jury verdict for SnapPower in a Texas patent case, defeating invalidity claims and proving infringement.
Stoel Rives Secures Arbitration Victory for Waste Connections and Pierce County Recycling, Composting and Disposal (“LRI”)Stoel Rives achieved a significant arbitration victory following two years of litigation involving waste management operations.
- Aypa Power Closes $1.5 Billion Construction Warehouse Revolving Credit Facility to Fund Completion of Energy Storage Projects Through 2028
Stoel Rives represented Aypa Power in closing a $1.5 billion construction warehouse revolving credit facility, with a $500 million accordion feature.
Successes
- Ackley Brands Acquires Betz, SUNU, and The Untold Story Brands and Inventory from Betz Family Winery
The deal follows Ackley Brands’ acquisition from E. & J. Gallo Winery of Columbia Winery and Hogue Cellars.
The project is to be completed at the end of 2025.
The acquisition adds two iconic Washington wine brands to Ackley Brands’ extensive beverage portfolio.
Deal will be financed with a combination of equity financing with investment funds and debt financing with a syndication of lenders.
Deal comprises a senior secured construction, bridge, and term debt facility.
Lithia Motors is one of the largest global automotive retailers.
Copia Power is currently developing more than 17 GW of solar and energy storage projects in the U.S.
The buildings include more than two million square feet of office and retail space in one 42-story tower building and an additional full-block, three-tower project.
Hampton Lumber is a fourth-generation, family-owned lumber and forest management company.
Features four full-size training pitches, a full kitchen with a private chef, locker, and weight rooms, and a barber shop.
Acquisition will supply electricity to approximately 2,000 community solar subscribers.
Financing comprises a combination of preferred equity, tax credit transfers, and debt.
CPBF is a Seattle-based direct lender to privately held and sponsor-backed companies.
Proterra is an alternative investment manager focused on private equity investments in the natural resource sectors.
The 108-unit complex in in Bellevue, Washington, will be converted to affordable housing.
Harquahala Sun 1 and Sun 2 will produce 450 MW of solar power annually and include a 300 MW/1200 MWh battery energy storage system.
“Residences at Falcon Park” 192-unit affordable housing project will be situated on approximately five acres.
Portfolio’s 28 solar projects will meet the energy needs of more than 12,000 commercial and residential customers.
Award recognizes novel indenture financing and construction warehouse financing deals.
100 MWdc multistate portfolio of distributed generation solar projects will comprise 35 community solar and C&I projects.
Buildings in LA’s San Fernando Valley will offer mixed-income and multifamily hosing.
Nine-story building will offer 55 studio units, 62 one-bedroom units, 36 two-bedroom units, and 6 three-bedroom units.
United expects to add 106 locations and approximately 2,100 Ahern employees and 44,000 Ahern customers.
Transaction expands Altus’ presence in the Southeast and introduces new govt. and municipal entities into the Altus portfolio.
Purchase includes 33 projects comprising 2.7 GW of solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage.
The 82-unit, new-construction Heron Apartments in Tacoma, Washington, opened in January 2022 to market-rate tenants and will be leased to lower income tenants.
- Trammell Crow Company Signs Build-to-Suit Lease for Biotech Building for Seattle Children’s Hospital
Robust design and on-site amenities will cater to the market’s life science tenants seeking new laboratory space near major research institutions.
Fund to enable development of solar and storage projects totaling 6 GW in the Midwest, Southeast, and California
The projects in the cities of Minneapolis, Columbia Heights, and Little Canada will meet the differing needs and priorities of the individual municipalities.
Dispute arose between National Church and its co-developer over who would purchase the projects at the end of the 15-year tax credit compliance period.
After completion of business combination agreement with publicly traded SPAC Spring Valley, combined company will operate as NuScale Power Corporation and will be listed on the NYSE.
Funding round supports Facteus’ mission to further democratize data insights, build its platforms, and expand its reach.
Acquisition and financing will allow Catalyst to expand its physical space to serve students from kindergarten through 8th grade.
The sale price for the 635,000-square-foot property set a per-square-foot record for a Seattle office asset.
Located near public transportation, major highways, and other amenities, the building will provide 39 units for vulnerable populations.
The projects include approx. 1,000 residential units and will offer some 200 affordable housing units at 65% to 80% of AMI.
Transit-oriented project will include 232 affordable housing units on King County Metro-owned property in the Northgate neighborhood of Seattle.
Tokyo-based Advantest is a global manufacturer of automatic test and measurement equipment used in the design and production of semiconductors.
Tenute del Mondo, co-owner with the Frescobaldi Family of several iconic wines, is a subsidiary of Stoli Group, the leading global ultrapremium spirits and wine company.
Idaho-based House of Design is a leading tech company that provides automated solutions to solve the needs of its customers in the building components and residential offsite construction industries.
New-construction affordable housing project in Pendleton, Oregon, will replace housing lost in a flood.
King County received a payment of $18 million out of a total damage claim of $22 million.
The units will house 75 low income residents, including 20 homeless veterans.
Effort increases access to new and convenient affordable housing.
$750 million initiative addresses the need for an adequate supply of affordable housing in greater Seattle.
The sale price reflects the growing institutional interest in the Puget Sound region and in Bellevue in particular.
The buyer plans to retain all the offices and employees.
Sale marked the largest real estate transaction in the U.S. since the start of the COVID-19 pandemic.
ESI won Project of the Year award for its work on Boise State University’s Center for the Visual Arts.