Frank W. Iaffaldano

Partner

213 455 3353 DIRECT
213 674 4184 FAX
323 363 3900 MOBILE
frank@isylaw.com

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Frank Iaffaldano co-founded Iaffaldano, Shaw & Young LLP after twenty years in the real estate industry. Prior to the creation of Iaffaldano, Shaw & Young LLP, he was the President, Chief Operating Officer and a Partner in The Kor Group. At Kor, Iaffaldano oversaw all divisions of the company and was responsible for the management of the Acquisitions, Construction, Development, Sales and Marketing and Property Management groups of the company. He was also responsible for the creation and implementation of long-term strategic planning for Kor and oversaw cash management, information technology, tax matters, risk management, development reporting, and investor and lender relations for all Kor projects. Iaffaldano also served as Chief Financial Officer for the company for approximately two years. In 2008, Iaffaldano led the negotiation and sale of a fifty percent (50%) ownership interest in the hotel management division of Kor (now known as Viceroy Hotel Group) in a complex international transaction with a sovereign wealth fund. Iaffaldano remains a member of the Development Committee of Viceroy Hotel Group and each of its affiliates.

Iaffaldano began his career at Sheppard, Mullin, Richter & Hampton in 1989, becoming a partner in 1998. In 2001 he joined the Los Angeles office of Paul, Hastings, Janofsky & Walker as a partner in the Real Estate Department and a member of the Resort, Restaurant and Recreation practice group. Iaffaldano has extensive experience in acquisitions, sales, construction and development, leasing, joint ventures, real estate financings, workouts, note sales, foreclosures and deeds-in-lieu of foreclosure. He has worked with a wide variety of different types of real estate including hotels, resorts, office, retail, industrial, multi-family, golf course, condominium and mixed-use real estate projects.

His past and current clients include Viceroy Hotel Group, Montage Hotels & Resorts, Kor Realty Group, Onni Group, Chatham Lodging Trust, Gramercy Property Trust, The Procaccianti Group, SBE, Proper Hospitality, JPMorgan, Cushman & Wakefield, Starwood Capital Group, Pulte Homes, AEW, Cornerstone Real Estate Advisers, GID Investment Advisers, CityView, TIAA-CREF, Lubert-Adler Funds, Angelo Gordon Funds, Amgen, Alliance Commercial Partners, Bank of America and East West Bank.

Iaffaldano received a B.A. degree in Political Science, as well as his J.D., from Northwestern University and is a member of the California State Bar.