Acquisitions of Non-Performing Loans and Underlying Collateral in Foreclosures
Residential Housing Developer
Representation of one of the largest national homebuilders in numerous three-way transactions with owner/borrower and lenders, to acquire non-performing loans and thereafter acquire the underlying collateral via deed-in-lieu of foreclosure or "friendly foreclosure" proceedings.
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Senior Counsel
Partner
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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...