Negotiation and Closing of Subscription Credit Facility

Real Estate Debt Fund

Representation of real estate debt fund with projected capital investments of over $2 billion for the purpose of acquiring debt securities (including risk retention securities) in connection with commercial mortgage backed securities offerings and other debt transactions. Advised client in creation of the fund and in the negotiation and closing of its subscription credit facility in the aggregate amount of up to $500 million.

RELATED PEOPLE
Robert M. Siegel
Partner, Head of Commercial Finance
MORE EXPERIENCE
Experience
Representation of a debt fund and property fund in connection with separate private placement fund offerings of limited partnership interests. Upon completion of the offerings, the funds expect to raise a combined amount of up to $4.0 billion.
Experience
Representation of Lennar Corporation in the formation of Lennar Multifamily Venture (LMV), an equity fund/joint venture sponsored and managed by Lennar Multifamily Communities with global sovereign and institutional investors. The venture, with initial equity commitments of $1.1 billion, targets inv...
Experience
Advised Rialto Capital and Lennar Corporation in connection with the formation of two funds: (1) Rialto Real Estate Fund, LP, a $700 million closed-end real estate investment fund focused on distressed real estate investments, and (2) Rialto Real Estate Fund II, LP, a $1 billion real estate investme...
VIEW MORE EXPERIENCE