Acquisition and restructuring of defaulted loan from bank
Swiss real estate developer
Represented a Swiss citizen in the acquisition of a $50 million defaulted bank loan. The loan was secured by 250 acres to be developed through a joint venture into single family homes and townhomes.
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Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.
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...