$140 Million Loan Modification for New York City Hotel
LNR Partners LLC
Representation of LNR Partners, special servicer, in connection with modification of a $140 million loan secured by a hotel in New York City. Representation included complex transfers of equity interests, change of franchisor and hotel management companies, and new hotel amenity agreements.
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...