Überblick
Leading international law firm McDermott Will & Emery represented Innovo Property Group (IPG), a real estate investment and operating platform in its obtainment with Square Mile Capital Management LLC of construction financing totaling $305 million. The financing is for the development of a one million square foot two-story Class A logistics and distribution facility located at 2505 Bruckner Boulevard, Bronx, NY.
- This transaction was completed on April 1, 2020.
- McDermott Will & Emery acted as legal advisor to IPG while Cushman & Wakefield acted as financial advisor.
- Construction financing was provided by Bank OZK.
- Mezzanine financing was provided by EverWest Real Estate Investors.
- The McDermott team was led by Pej Razavilar and included Dan Martin, Robert Mower, Jay Kreismann, Tim Swearingen, Cody Ruegger and Jessica Bragg.
About McDermott
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With more than 20 locations on three continents, our team works seamlessly across practices, industries and geographies to deliver highly effective—and often unexpected—solutions that propel success. More than 1,100 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
