Foley represented Maynada Blue, an affiliate of Maynada Holdings, in securing a commercial loan from lender B2R Finance, an affiliate of Blackstone, in the amount of $45.5 million. The complex transaction was secured by 217 properties, which is a significant loan amount and size for a local fund based in Miami. Foley led efforts on behalf of Maynada Holdings for the title component and loan documentation, including the agreement negotiations and structuring of the transaction. Foley had previously represented Maynada Holdings earlier this summer in securing another commercial loan in the amount of $40 million from C1Bank secured by 299 properties.
The Foley team was led by Daniel Diaz Leyva and included Ashley McRae, Patricia Lane and Christine Rittberg.
The Foley team was led by Daniel Diaz Leyva and included Ashley McRae, Patricia Lane and Christine Rittberg.
Related News
10 February 2025
Press Releases
Foley Announces Divya Reddy as First Chief Practice Officer to Further Enhance Client Service and Collaboration
Foley & Lardner LLP is pleased to announce the promotion of Divya Reddy to the newly created role of Chief Practice Officer (CPO) to further enhance the firm’s client service and promote greater integration across the firm’s legal departments.
03 February 2025
Press Releases
Foley Announces 2025 New Partner Class
Foley & Lardner LLP is pleased to announce the promotion of 17 lawyers to the firm’s partnership, effective February 1, 2025.
17 January 2025
Press Releases
Young Leaders Share Their Dreams for the Future at Foley’s Annual MLK Jr. Oratory Competition
The voices of tomorrow resonated with hope and inspiration today as elementary students from Dallas, Houston, and Chicago took the stage for the final rounds of Foley & Lardner LLP’s Annual MLK Jr. Oratory Competitions.