Robert Antenore

Partner


Toronto

Tel : 416.865.7896
Fax : 416.865.7048

Email : robert.antenore@mcmillan.ca
VCard : vcard

Professional Experience Robert Antenore is a partner in the firm's Commercial Real Estate Group. Robert's practice covers all aspects of commercial real estate transactions from development to acquisitions and dispositions with a particular emphasis on secured lending. He is a founding member of the CMSA Committee on defeasance transactions in Canada with members of the CMBS industry and rating agencies. He is also a member of the Executive of the Ontario Bar Association – Real Property section.

Robert is at the forefront of the developing practice surrounding commercial defeasance transactions and regularly acts for servicers across Canada. He acts for national and international financial institutions, commercial real estate companies, asset managers and pension funds. Before joining the firm in 2005, he practiced in the areas of real estate and commercial finance with a national Bay Street firm.
Representative Transactions

  • Acted for the developer of a King Street condominium project on a $127,000,000 construction financing facility
  • Acted for a significant developer of residential housing on an acquisition of strategically important undeveloped land including development and financing arrangements
  • Acted for an international steel manufacturer with respect to the acquisition of strategic assets and land, including negotiation of complex reciprocal easements, servicing arrangements and development agreements
  • Acted for an International property casualty insurer in respect of complex arrangements related to rebuilding and remediation of a damaged site
  • Acted for a Canadian corporation with respect to the acquisition and development of a datacenter where the acquisition cost of the lands exceeded  $120,000,000 including negotiation of lease closure matters for an existing tenant
  • Acted for the successful bidder with respect to 23 service centres situated on Highways 400 and 401 in the Province of Ontario. The cost to design and construct the new service centres is approximately $300 million
  • Acted for a lender entity with respect to the capitalization of Air Canada for $1.02 billion 
  • Acted for Export Development Canada with respect to the capitalization and restructuring of Chrysler Group LLC for $2.03 billion
  • Acted for Export Development Canada with respect to the capitalization and restructuring of General Motors
  • Acted for the ad hoc group of bondholders with respect to the recapitalization of Tembec Inc. for US$1.2 billion
  • Acted on behalf of an acquiror of a core Ottawa hotel and office tower for $75.3 million
  • Acted on behalf of a lender with respect to the issuance of long term mortgage bonds for the re-finance of a mixed-use office and health services project
  • Acted on behalf of an owner with respect to the financing of a downtown property for $50 million
  • Acted on behalf of the Servicer on the defeasance of a $330 million mortgage for property located in Alberta and a $22.5 million mortgage for property located in Ontario, with extensive experience on similar transactions across Canada
  • Acted for Brookfield Properties on the acquisition and co-ownership interests in the Bay-Adelaide Centre project in downtown Toronto
  • Acted on behalf of an internationally controlled real estate corporation on the disposition of a downtown Toronto office building
  • Acted for a developer on complex title clarification matters related to a core development asset
  • Acted on behalf of a long-term leaseholder on the financing of their interest in an uptown-Toronto landmark property
  • Acted for a financial institution on the sale of a basket of residential mortgages to an off-shore entity

publications and presentations
November 2008
Patent Title Defects
Presented at the Law Society of Upper Canada Six Minute Real Estate Lawyer 2008 Conference
Winter 2008
Proposed Tax Amendments Remove Obstacle to Defeasance Transactions in Canada
CMBS World 10:4 (Winter 2008) 46
Co-authored by Michael Friedman, Robert Antenore and Stephanie Robinson
July 2007
Proposed Tax Amendments Remove Obstacle to Defeasance Transactions
Tax Law Bulletin
July 2007
Defeasance Transactions
CMBS Services Group Brochure


  • commercial real estate
  • financing/mortgages

  • Canadian Bar Association
  • Past member of the OBA Section Executive - Real Property
  • CMSA Defeasance Committee
Called to the Ontario bar - 2000

Osgoode Hall Law School, LLB - 1998

University of Toronto, BA (with high distinction) - 1995