Holland & Knight Advises on $367.5 Million Sale of U.S. Bank Tower in Los Angeles

A team led by Holland & Knight real estate partners Susan Booth and Martin Miner is representing Overseas Union Enterprise (OUE) with their recently announced plans to acquire the U.S. Bank Tower and related properties, Maguire Gardens and a car park facility, in downtown Los Angeles for $367.5 million. OUE is a Singapore-based diversified real estate owner, developer and operator.

More >>

Tags:  Holland & Knight LLP | Los Angeles

Simpson Thacher Represents CBRE in $800 Million Senior Notes Offering

Simpson Thacher recently represented CBRE Group, Inc. in connection with the offering of $800 million aggregate principal amount of 5.00% Senior Notes due 2023 (the “Notes”). The Notes were issued by CBRE Services, Inc., a wholly-owned subsidiary of CBRE Group, Inc., and are guaranteed by CBRE Group, Inc. and the subsidiaries that guarantee its senior secured credit facility. The Notes are being offered pursuant to an effective shelf registration statement that CBRE Group, Inc. previously filed with the Securities and Exchange Commission.

More >>

Tags:  Simpson Thacher & Bartlett LLP | Silicon Valley

Simpson Thacher Represents Blackstone and Invitation Homes in $2.075 Billion Revolving Credit Facility in Connection with the Largest National Single-Family Rental Home Platform

The Firm represents affiliates of Blackstone Real Estate Partners and Invitation Homes, L.P. in connection with a $2.075 billion revolving credit facility to capitalize the purchase of distressed single-family rental homes. Invitation Homes is a national platform to purchase distressed single family homes and then refurbish, lease and maintain them in neighborhoods across the country and is the largest owner of single-family homes in the United States.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Mayer Brown Advised a Syndicate of Banks on the Issue of EUR 500m Mortgage Pfandbriefe by Deutsche Pfandbriefbank AG

Global law firm Mayer Brown advised a consortium of banks on the issuance and placement of a EUR 500m Mortgage Pfandbrief of Deutsche Pfandbriefbank AG due 18 March 2020. The EUR 500m Mortgage Pfandbrief issued on 18 March 2013 has a fixed interest rate of 1.50 per cent. p.a. The syndicate of banks included Commerzbank Aktiengesellschaft, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Goldman Sachs International, Landesbank Baden-Württemberg and UniCredit Bank AG as Joint Lead Managers.

More >>

Tags:  Mayer Brown LLP