Caroline Bailey
901 East Byrd Street
Suite 1500
Richmond, Virginia 23219
Caroline’s principal area of practice is corporate finance and securities law, including securities offerings, private equity, mergers and acquisitions and general corporate representation with a particular concentration on Real Estate Investment Trusts (REITs).
Capital Markets
Global Medical REIT Inc. in its $150 million initial public offering of common stock and all of its subsequent capital markets transactions including five follow-on underwritten public offerings with an approximate transactional value of $343 million; three ATM offerings with an approximate transactional value of $250 million; and its $77 million public offering of Series A cumulative redeemable preferred stock
CYS Investments, Inc. in its $172 million ATM program
Orchid Island Capital, Inc. in its $125 million ATM program
Underwriters to DiamondRock Hospitality Company in its $200 million ATM program
Underwriters to Urban Edge Properties in its $250 million ATM program
Underwriters to Urban Edge Properties in its $194 million public offering of common stock
Underwriters to Clipper Realty Inc. in its $88 million initial public offering of common stock
Underwriters to NETSTREIT Corp. in its $233 million Rule 144A offering of common stock
Underwriters to PLH Group, Inc. in its $208 million Rule 144A offering of class A-1 common stock
Ellington Financial Inc. in its $115 million public offering of Series A fixed-to-floating rate cumulative redeemable preferred stock
Ellington Residential Mortgage REIT in its $47 million public offering of common shares
Underwriters to Wheeler Real Estate Investment Trust in its $40 million public offering of Series D cumulative convertible preferred stock
Placement agent to Wheeler Real Estate Investment Trust in its $90 million private offering of preferred stock and subsequent exchange offer
WPT Industrial Real Estate Investment Trust in its $3.1 billion sale to Blackstone Real Estate Income Trust, Inc.
Global Medical REIT in its $18.1 million acquisition of Inter-American Management resulting in a management internalization
The Special Committee of the Board of Directors of Owens Realty Mortgage, a specialty finance REIT, in its $200 million merger with Ready Capital Corporation, a real estate finance company
CYS Investments, an agency mortgage REIT, in its $1.475 billion merger with Two Harbors Investment Corp., a leading hybrid mortgage REIT
Special Committee of the Board of Directors of MVP REIT II in the acquisition of MVP REIT by MVP REIT II in a stock-for-stock merger
Routinely advises multiple publicly traded corporations on 1933 Act and 1934 Act compliance, listing exchange requirements, corporate governance, and board of directors matters
Credentials
- University of Richmond School of Law, J.D. magna cum laude, 2014 (Order of the Coif; McNeil Law Society; University of Richmond Law Review)
- Washington & Lee University, B.S., Business Administration with Special Attainments in Commerce cum laude, 2011
- The Best Lawyers in America© (BL Rankings, LLC), “Ones to Watch,” (Richmond): Mergers and Acquisitions Law, Securities/Capital Markets Law, 2022
- Virginia
- Deals & CasesJanuary 24, 2022
- Deals & CasesJanuary 11, 2022
- Deals & CasesDecember 8, 2021
- Deals & CasesOctober 5, 2021
- Deals & CasesAugust 9, 2021
- Deals & CasesJuly 9, 2021
- Deals & CasesJanuary 25, 2021
- Deals & CasesAugust 21, 2020
- Deals & CasesAugust 13, 2020
- Deals & CasesJuly 9, 2020
- Deals & CasesJanuary 21, 2020
- Deals & Cases
- “2017 Kayo Women’s Real Estate Investment Summit,” April 24-25, 2017 (speaker)