Transfer of Ownership Interests to REIT Pursuant to $400 Million IPO

One of the largest special servicers in the country
Representation of one of the country's largest special servicers regarding its consent to transfer all beneficial ownership interests in several borrowers to a company that became a publicly traded REIT pursuant to a $400 million IPO. The REIT owns over 1,000 properties leased to over 150 single property tenants. We have represented this same servicer on several other transactions involving Lender consent to IPOs.
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Audrey A. Ellis

Audrey A. Ellis

Partner
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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...
Experience
Represented clients in the structuring of complex co-lender agreements at securitized, non-securitized and multiple mezzanine capital stack levels, involving all industry sectors, including office buildings, hotels, regional shopping malls and multi-family housing.
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