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Crystal Lofing | Connect CRE

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Lawyers 2021 CAL Lofing-Crystal

Crystal Lofing

Company: 

Allen Matkins

Partner in Allen Matkins’ real estate group

Practice involves multiple facets of real estate transactions

Represented Frank McCourt in the real estate components of the $2.15-billion sale of the Los Angeles Dodgers

Crystal Lofing is a partner in Allen Matkins’ real estate group, based in the Century City office. Her practice involves multiple facets of real estate transactions, specifically including acquisitions and dispositions (including note purchases and subsequent foreclosure or deed-in-lieu of foreclosure processes and negotiations), commercial leasing, real estate joint venture agreements, ground lease and development transactions and other documents relating to the ongoing operation and management of commercial property, including easements, covenants, conditions and restrictions, property management and brokerage agreements.  

Lofing represents landlords, tenants, sellers, buyers, developers and other real estate users, ranging from entrepreneurial individuals and entities to real estate investment trusts and other highly sophisticated institutional investors.  

For example, she represented Frank McCourt in the real estate components of the $2.15-billion sale of the Los Angeles Dodgers in 2012, including brand new, originally drafted covenants, conditions and restrictions governing the use of the stadium and parking lots, which are owned by separate ownership entities for the first time in Dodgers history, and the sale of the parking lots (for $150 million) to a joint venture between McCourt and an affiliate of the Dodgers’ owner. She has also represented a client in acquisitions and dispositions of office buildings and/or developable land totaling more than $3 billion, in locations ranging from the Bay Area to San Diego. 

On the leasing aside, Lofing represents her client in office leasing matters for Embarcadero Center, an approximately 3.3-million-square-foot, premiere office project in San Francisco. In the development realm, Lofing represented a client in the restructuring of the Royal Hawaiian Hotel ground lease, one of the most valuable ground leases in Hawaii. 

These are some of the reasons that we named Lofing to our California grouping of Lawyers in Real Estate. These are real estate attorneys who have distinguished themselves in both their practice and the larger community. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).