$50 Million Credit Facility for Mezzanine Lender
Mezzanine lender
Representation of mezzanine lender in increasing its $30 million subscription facility to $50 million and extending the life of the facility, thereby allowing the fund to optimize and grow its investment pool.
Related Practices
RELATED PEOPLE
Partner, Head of Commercial Finance
MORE EXPERIENCE
Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...
Served as borrower's counsel in a $2.7 billion multi-tiered syndicated secured and mezzanine acquisition loan transaction involving a financial services company.
Representation of special servicers in connection with borrower requests for lender consent to various matters involving billions of dollars of performing CMBS loans including loan assumptions, equity transfers, loan modifications, forward and reverse 1031 exchanges, post-securitization mezzanine lo...