Formation of strategic land investment joint venture between our client, one of the nation's largest homebuilders, and an affiliate of Morgan Stanley Real Estate Funding II, L.P. The joint venture, which has a book value of $1.3 billion, will acquire, develop, manage, and sell land for residential use. Concurrently, we also assisted the client in its sale of a $525 million diversified portfolio of land to the investment venture.
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Representation of an energy company in its $9.45 billion all-cash acquisition of another energy company, resulting in the creation of the largest utility holding company in the United States.
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...