Cravath represented the underwriters, led by Morgan Stanley, BofA Merrill Lynch and Goldman, Sachs & Co., in connection with the US$264 million initial public offering of common stock of Aviv REIT, Inc., a self‑administered real estate investment trust specializing in the ownership and triple‑net leasing of post‑acute and long‑term care skilled nursing facilities. The shares were listed on the New York Stock Exchange. The transaction closed on March 26, 2013.
The Cravath team included partner William J. Whelan III and associates Kevin R. Grondahl and Gregory R. Baden on corporate matters and partner Andrew W. Needham and associate Edward A. McGehee on tax matters. Spencer K. Kirton also worked on corporate matters.
