Leading Commercial Mortgage-Backed Securitizations (CMBS) Partner Joins Reed Smith in New York

Reed Smith LLP today announced that Jodi Schwimmer is joining the firm as a partner in the global Financial Industry Group (FIG) in New York. Schwimmer was most recently a partner at Dechert and brings with her two associates integrated into her practice, Samantha Chertoff and Carla Moore. The addition of Schwimmer to FIG follows closely on new partners Maria Earley, an experienced Consumer Financial Protection Bureau (CFPB) attorney based in Washington, D.C.; Daniel Winterfeldt, a leading U.S. securities practitioner based in London; and Diane Roberts, a highly experienced restructuring and insolvency attorney also based in London.

“Jodi’s CMBS and real estate finance experience will work especially well with our strong CMBS and real estate structured finance practices in London and New York,” said FIG chair Ed Estrada. “Jodi’s intimate working knowledge with all the various industry players – issuers, underwriters, investors and mortgage loan contributors – makes her an invaluable member of our team.”

Schwimmer’s practice focuses in the areas of CMBS, real estate finance and structured finance, representing issuers, underwriters, loan sellers and investors in both public and private securitizations. She has extensive experience in non-performing loan securitizations, CRE CLO execution, and bespoke commercial lending platforms. She also routinely represents clients in the purchase and sale of commercial and multifamily mortgage loans, mezzanine debt, subordinate debt, and structured real estate debt transactions.

Schwimmer received her B.A. from the University of Massachusetts and her J.D., cum laude, from New York Law School, where she was the recipient of the Albert Kalter Award for Excellence in Tax. Prior to Dechert, Schwimmer was at Cadwalader, Wickersham & Taft. Schwimmer was recommended in the Legal 500 in 2015 for structured finance, and was named a Rising Star by the Euromoney Legal Media Group in 2015 as part of its Expert Guides series.

“So far this year, Reed Smith has added 35 attorneys here in New York, making our office one of the fastest growing in the firm,” said Cindy Minniti, managing partner of Reed Smith’s New York office. “We’re thrilled that Jodi is adding further depth to our real estate and structured finance practices, and contributing to our office’s growth.”

Reed Smith’s Financial Industry Group consists of more than 200 lawyers and is one of the legal industry’s largest practices dedicated to clients in the financial sector. Clients range from domestic and global banks, credit card companies, mortgage bankers, investment banks, and investment management companies and advisors. As a global firm, Reed Smith is uniquely positioned to leverage the skills of its financial litigation, finance and lending, investment management, financial regulatory, commercial restructuring and bankruptcy, and M&A practices to serve its clients in multiple jurisdictions. By delivering first-rate services across the financial industry spectrum while maintaining a personal connection to clients, Reed Smith has earned its position as a “go-to” law firm for the financial services sector – a position it has retained for more than 135 years.

Source:  www.reedsmith.com