Success Story: Collaboration Leads to Completion of $500 Million Refinance
Lerch Early recently completed a refinance of more than $500 million of a client’s businesses and real estate holdings involving more than 70 entities, 280 properties located in five states/municipalities, and multiple lenders as part of a loan syndication. Attorneys and paralegals in the business and tax, real estate, and lending groups worked to complete the transaction, which allowed the client to consolidate its debt and streamline its internal operations.
Upon completion of the deal, the client expressed his gratitude for the firm’s handling of a transaction of this magnitude. “On behalf of (my company) and myself, I would like to express my appreciation for the diligent work, which all of you and the rest of your team have done to bring the syndication facility to a successful closing,” he said. “My right arm is still sore from signing all the documents!”