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Carolyn Stoner

Partner

Carolyn advises public and private companies, private equity firms, REITs, governmental agencies, family offices, landlords, tenants, developers, institutional investors, and sovereign wealth funds on a wide range of complex real estate matters across all asset classes, including hospitality, digital infrastructure, transportation and cultural centers, commercial office buildings, and multi-asset portfolios.
Her expertise includes providing guidance on acquisitions and dispositions of real estate assets, joint ventures, developments, financing transactions, and commercial and ground leases.

Experience

Representative matters

  • ATCO Properties, as borrower, in $83 million mortgage loan refinancing of 40 Central Park South, a residential and retail building located in New York, NY. (previous firm experience).
  • Digital Realty Trust, Inc. in definitive agreements with Brookfield Infrastructure Partners L.P. and its institutional partners, Cyxtera Technologies and Digital Core REIT, that successfully resolve the relationships with Cyxtera, including its (i) $459 million sale of four data centers located in California and New Jersey, (ii) $44 million purchase and termination of three of Cyxtera’s leases in Germany and Singapore, (iii) assignment to Brookfield of three leases in Los Angeles and New Jersey and (iv) purchase option to acquire from Brookfield one collocation center outside of London (previous firm experience).
  • The Kroger Company in its pending $24.6 billion merger with Albertsons Companies, Inc. (previous firm experience).
  • Han's Holdings Group Co. Ltd. in connection with its $92 million acquisition of the San Jose Hilton and $115 million acquisition of the Los Angeles Hilton. (previous firm experience).
  • The Metropolitan Transportation Authority in the redevelopment of New York’s Penn Station. (previous firm experience).
  • MSD Partners, as lender, in a $285 million mortgage loan to CGI Merchant Group, as part of CGI Merchant's $375 million acquisition of the Trump International Hotel in Washington, D.C. (previous firm experience).
  • MSD Partners, L.P. in various transactions, including a $130 million mortgage loan. (previous firm experience).
  • SL Green Realty Corp. in its $1.5 billion construction financing of One Vanderbilt Avenue in New York City from a lending group led by Wells Fargo and including Bank of New York Mellon, JPMorgan Chase Bank, TD Bank and Bank of China. (previous firm experience).
  • The We Company in various transactions, including the $850 million acquisition of Lord Taylor's former New York City flagship building at 424 Fifth Avenue from Lord & Taylor's parent company Hudson's Bay Company. (previous firm experience).
  • Numerous other clients, including Brookfield Properties, MSD Partners, Safehold, Silverstein Properties, and WeWork, in various acquisitions, dispositions, financings, joint ventures, leases and restructurings. (previous firm experience).

Qualifications

Admissions

New York, 2014

Academic

B.A., Duke University, 2008

J.D., New York University School of Law, 2013

Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.