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Joint Venture Acquisition of Distressed Assets

Joint Venture

Represented a joint venture in all aspects of the acquisition of a $60,000,000+ multi-state loan portfolio of distressed assets from a middle-market lender, including negotiating the purchase and sale agreement, asset management agreement, independent contractor’s agreement and listing agreement; conducting due diligence; drafting all acquisition documents; and providing general counsel with regard to the acquisition of title to those assets through foreclosure or deed in lieu of foreclosure, and the divestiture of those assets to third party bona fide purchasers.


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