$270 Million Loan Assumption

Special Servicer
Representation of special servicer in connection with its consent to the borrower's sale of the property securing and the assumption of a $270 million loan. The $453 million property was funded by a combination of the $270 million loan assumption, a $135 million preferred equity investment, and cash.
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Audrey A. Ellis

Audrey A. Ellis

Partner
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Experience
Representation of B piece and special servicer clients, handling in excess of $22 billion in new securitizations in 2013-14.
Experience
Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.
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