Transfer of Indirect Equity Interests
Representation of special servicer for the holders of securitized loans with an aggregate unpaid principal balance of $586 million in connection with consents to the transfer of indirect equity interests in borrowers. The portfolio consisted of 135 manufactured housing communities across 13 states which were acquired for an aggregate purchase price of approximately $2 billion.
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...