REIT Divestiture of Retail Properties

CMBS Special Servicer
Representation of CMBS special servicer in connection with loans totaling $150 million secured by commercial retail properties. REIT-owner sought consent to equity transfers in order to divest itself from investments in brick and mortar retail properties throughout the United States.
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Marla I. Berman

Marla I. Berman

Of Counsel
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Experience

Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Mi...

Experience
Representation of B piece and special servicer clients, handling in excess of $22 billion in new securitizations in 2013-14.
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...
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