Silverstein Properties’ $165 Million CMBS Loan

Cadwalader advised lenders on the deal.

Wells Fargo, JP Morgan Chase and Citigroup granted a $165 million commercial mortgage-backed securities (CMBS) loan to refinance Silverstein Properties’ office building at 120 Wall Street in Manhattan.

Silverstein Properties is a privately-held, full-service real estate development, investment and management firm based in New York, founded in 1957 by Chairman Larry Silverstein.

The Cadwalader team was led by partner Holly Marcille Chamberlain (Picture) and included partner Christopher Dickson and associate Mary Katherine Reed.

Involved fees earner: Holly Marcille Chamberlain – Cadwalader Wickersham & Taft; Christopher Dickson – Cadwalader Wickersham & Taft; Mary Katherine Reed – Cadwalader Wickersham & Taft;

Law Firms: Cadwalader Wickersham & Taft;

Clients: Citigroup Inc.; JP Morgan Chase & Co.; Wells Fargo;

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Author: Ambrogio Visconti