Global law firm White & Case LLP has advised Labregah Real Estate Company, a wholly-owned subsidiary of Qatari Diar Real Estate Investment Company, and Barwa Real Estate Company Q.S.C. on the approximately US$2.07 billion acquisition by Labregah of Barwa City, a large scale residential development project in Doha, Qatar. More >>
Tags: White & Case LLPSkadden is representing XL Group plc in connection with the $570 million sale of XL Insurance (Bermuda) Ltd.’s wholly owned subsidiary XL Life Reinsurance Ltd. to GreyCastle Holdings Ltd., announced May 1.
Crain’s Detroit Business reported that New York-based investor 601W Companies closed on the $177.5 million purchase of the Southfield Town Center, the second largest office complex in metro Detroit. The company plans to spend approximately up to $50 million on renovations at the 2.2 million-square-foot office complex which consists of five towers. Warren Gleicher, Martin Cooper and Shirlee Gordon represented 601W Companies as co-counsel in charge of overall deal structure, the tenants-in common agreement between the owners and the income tax consequences thereof.
More >>
Global legal practice Norton Rose Fulbright has advised JP Morgan Cazenove and J&E Davy as joint bookrunners on the €399.8 million placing and open offer of shares of Irish property investment company, Green REIT plc (Green REIT).
Tags: Norton Rose Fulbright
Hogan Lovells today announces that a Corporate and Tax team advised American Homes 4 Rent, the nation’s largest publicly traded real estate investment trust (REIT) focusing on single-family rental homes, in its underwritten public offering of 5.50% Series C Participating Preferred Shares. The offering, and a concurrent private placement, raised total gross proceeds of approximately US$190 million, before deducting underwriting discounts and estimated offering expenses. More >>
Tags: Hogan Lovells
Cahill represented the joint book-running managers in connection with the public offering of 12,000,000 shares of Common Stock of Burlington Stores, Inc. (NYSE: BURL), resulting in gross proceeds of $309,000,000. The selling stockholders received all of the proceeds of the sale.
Tags: Cahill Gordon & Reindel LLP
A global team comprised of partners, counsel and associates from Canada, UKMEA and the US closed a US$210 million senior secured credit facility for an affiliate of Apollo Commercial Real Estate Finance, Inc., relating to a portfolio consisting of high-end and luxury condos, homes and apartments. This five-year deal includes 229 properties and is secured by both real property and equity pledges from sponsors across 10 US states, as well as Canada, the UK, Turks and Caicos, the Bahamas, Costa Rica, Mexico, Grand Cayman and the British Virgin Islands. This global portfolio is available for short-term rental by individuals who purchase memberships starting at US$150,000 plus annual fees to stay in luxury locations around the world. More >>
Tags: Dentons | New York
