ARTICLE
2 October 2021

Recent Transactions - September, 2021

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
Here is a rundown of some of Cadwalader's recent work on behalf of our clients.
United States Finance and Banking
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Here is a rundown of some of Cadwalader's recent work on behalf of our clients.

Recent transactions include:

  • Represented Bank of America, N.A. as lender in a $353 million mortgage loan to refinance One North Wacker Drive, a Class A trophy building in the Central Business District of Chicago.
  • Represented the lender in a $259 million CMBS financing in connection with the acquisition of a newly constructed large multifamily property in the Miami metropolitan area.
  • Represented the co-lenders in a $450 million refinancing of the Hyatt Regency Waikiki Beach Resort and Spa in Honolulu, Hawaii for Mirae Asset Global Investments Co., Ltd., which acquired the leasehold interests in the 1,230-key, full-service resort from The Blackstone Group L.P.
  • Represented the lenders in a $685 million single-asset, single-borrower (SASB) securitized mortgage loan to refinance existing debt secured by a portfolio of 106 economy and extended-stay hotels that operate under the Motel 6 and Studio 6 brands.
  • Represented the lenders in a $3.15 billion CMBS financing in connection with the acquisition of two resorts in Las Vegas, Nevada.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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