Richard Rasmussen is a founding partner of AFRCT and serves as the firm’s managing partner.
Rich Rasmussen represents public and privately held companies in a variety of industry sectors. His practice focuses on corporate transaction, commercial real estate and general business, operational and governance matters. He is often called upon to serve in the role of outside general counsel to profit and non-profit corporations.
Rich has extensive experience in corporate transactions, including the handling of mergers and acquisitions, stock and asset purchase transactions, entity structuring, intellectual property licensing, employment and buy-sell arrangements, corporate governance, and general business contracts. Recent examples include the sale of a multi-office brokerage company; asset sale involving an international security company; asset sale of a commercial vehicle leasing company; tax free sale of a sports agency business; purchase of majority interest in trucking company; sale of an Hawaii auto dealership; and buyout and recapitalization of shareholder interests.
Rich has extensive experience in representing clients in commercial real estate transactions, including commercial property acquisitions, secured financing, complex title issues, leasing (ground, office and retail), 1031 exchanges, and brokerage and escrow arrangements. Recent examples include representing clients in the sale of a fee interest and accompanying ground lease in adjoining industrial properties; purchase of commercial business park in Nevada; $28.5 million CMBS loan secured by shopping center; purchase of $45 million apartment complex in Texas; purchase of assisted living facility; lease of warehouse property for filming; sale of California office building (including reverse exchange); purchase of southern California restaurant; and $12 million subordinated secured debt financing.