Bass, Berry & Sims advised Pentalpha Surveillance LLC (Pentalpha) in its capacity as operating advisor and/or asset representations reviewer in seven SEC-registered commercial mortgage-backed securities transactions that involved collateral valued in excess of $5.5 billion in the first quarter of 2017, as well as three large-loan 144A deals that involved collateral valued in excess of $1.6 billion.
Pentalpha is often retained by CMBS issuers such as Wells Fargo, J.P. Morgan and Goldman Sachs to provide third-party independent oversight of loan securitization trusts’ ongoing operations.
Pentalpha provides a suite of highly specialized products and services to the pace-setters of the international credit markets and structured finance industries. As of May 31, 2017, Pentalpha Surveillance has acted as operating advisor or trust advisor in approximately 105 commercial mortgage-backed securitizations with an aggregate initial unpaid principal balance of approximately $111 billion since October 2010, and as asset representations reviewer in 22 commercial mortgage-backed securitizations with an aggregate initial unpaid principal balance of approximately $21 billion.
Bass, Berry & Sims advised with a team led by Jay H. Knight (Picture).
Involved fees earner: Jay Knight – Bass Berry & Sims; William Lay – Bass Berry & Sims; Janice Parmar – Bass Berry & Sims; Talley Wood – Bass Berry & Sims;
Law Firms: Bass Berry & Sims;
Clients: Pentalpha Surveillance LLC ;
