Assumption of Loan Portfolio Totaling $65 Million
Rialto Capital Advisors
Representation of Rialto Capital Advisors in the assumption of a portfolio of four hotel loans totaling $65 million, the collateral of which was sold to a private investment firm. Representation included modifying the loan documents to accommodate a REIT structure and addressing operating lease, management, and franchising issues as part of the transaction.
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Partner
Co-Head, CMBS and Real Estate Capital Markets
Associate
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