Foley & Lardner LLP is pleased to announce that Joel C. Solomon and a team of Foley real estate attorneys, including Doug Buck, have completed the sale of thirteen separate premier multifamily properties on behalf of ST Residential, LLC, the managing member of Corus Construction Venture, LLC. The latest closing, which occurred on May 16, 2014 was Apex, a luxury residential tower located in the heart of downtown Los Angeles at 9th and Figueroa Street, containing 271 units, a parking garage with approximately six hundred spaces, approximately ten thousand square feet of retail space, and a significant adjacent parcel. With the sale of Apex, the gross sales proceeds from all of the ST multifamily portfolio approximate $900,000,000.
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A team of lawyers from K&L Gates has advised the shareholders of Scott’s Refrigerated Freightways (SRF) (including JAT Refrigerated Road Services) in the sale of the business to Automotive Holding Group Limited (AHG), an ASX 200 listed company, for AUD115 million.
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Allen & Overy said today the USD5.5 billion STAR Rafineri underlined growing demand from lenders to participate in Turkish infrastructure and energy financings. Please enter ByLine.

Greenberg Glusker client Shelly Sterling today announced that she has signed a binding contract for the sale of the Clippers by The Sterling Family Trust to Steve Ballmer at a price of $2 billion.  Shelly Sterling was acting under her authority as the sole trustee of The Sterling Family Trust which owns the Clippers.

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Cahill represented JPMorgan Chase Bank and Barclays Bank as administrative agents and J.P. Morgan Securities, Barclays Bank, Citigroup Global Markets, and RBS Securities as lead arrangers in connection with the $3,000,000,000 revolving credit facility for Kraft Foods Group, Inc. Proceeds were used for general corporate purposes.
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Cravath represented INEOS Group Holdings S.A. in connection with its €600 million and US$590 million 144A/Reg. S high‑yield senior debt offering, guaranteed by INEOS Luxembourg S.A., INEOS Holdings Limited and certain of their subsidiaries. INEOS is one of the world’s largest chemical companies and has highly integrated, world‑class chemical facilities and production technologies. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on February 18, 2014.

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Edwards Wildman have advised GTS, on the completion of its sale to Deutsche Telekom, for a total consideration of €546 million. GTS are one of the top infrastructure-based telecommunications service providers in South East and Eastern Europe. They are currently owned by a consortium of international private equity firms, which includes Bessemer Venture Partners, Columbia Capital, HarbourVest Partners, Innova Capital, MC Partners and Oak Investment Partners.
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The purchase price includes the payment of approximately USD$79 million at closing, $33 million in deferred payments in September 2014, and on target earnout consideration of USD $21 million, with a minimum earnout consideration of USD $14 million and a maximum earnout consideration of USD$28 million.

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