Matters
- Represented CMBS loan servicer in the acquisition of a $121 billion portfolio of primary, master and special servicing rights.
- Represented CMBS operating advisor in the acquisition of a portfolio of operating advisor rights worth over $112 billion.
- Represented CMBS loan servicer in the acquisition of a $27 billion portfolio of primary, master and special servicing rights.
- Issuer’s and loan seller’s counsel for series of CLO transactions total over $3.18 billion.
- Represented loan servicer in multiple modifications to a $1 billion plus loan structure secured by nearly 200 properties.
- Represented client in an initial $180 million receivables securitization transaction and subsequent $100 million Structured Subordinated Note Repurchase Facility. Counsel to loan servicer sued in connection with servicing of $160 million loan secured by hotel, spa and casino in Las Vegas, Nevada.
- Closed series of loans by CMBS lender to a national hospitality REIT involving $110 million principal amount secured by 11 properties in seven states.
- Represented CMBS loan special servicer in the transfer of a portfolio special servicing rights worth over $75 million.
- Represented issuers, depositors, loan originators, loan sellers, master, special and primary servicers, operating advisors, asset representations reviewers, B-piece investors, investors and underwriters, in more than 1,200 CMBS transactions since 1998.
- Represented operating advisors and asset representations reviewers in over 144 CMBS and CLO securitizations.
- Represented servicers, special servicers and primary servicers in over 124 CMBS and CLO securitizations.
- Represented issuers, loan sellers, master, special and primary servicers and operating advisors in more than 75 CRE CLO transaction.
- Represented CMBS client as depositor, loan seller, master servicer and special servicer in connection with the structure and launch of its inaugural securitization program as depositor in 2018 and subsequent issuances in 2019 and 2020.
