$3.8 Billion Sale of Financial Services Company

LNR Property Corporation
Representation of majority shareholder and senior executives of LNR Property Corporation, then an NYSE company, in the $3.8 billion acquisition of LNR Property Corporation by LNR Property Holdings Ltd., an entity controlled by Cerberus Capital Management, L.P. Our clients retained a 25% interest in the acquiring entity.
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Alan D. Axelrod
Chair, Corporate & Finance
Brian L. Bilzin
Founding Partner
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Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Experience
Representation of an energy companyin its $9.45 billion all-cash acquisition of another energycompany, resulting in the creation of the largest utility holding company in the United States.
Experience
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...
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