Michael Kessler, David E. Brown, Aaron Hendricson, Justin Howard, Julie Mediamolle, Brittany Raway, John Schippert, Misbah Mohiuddin, Paul Hespel, David Rutherford, Sarah Ma, Joon Yoo, and Kerry Wenzel are noted for representing Terra Property Trust.
In the News
August 3, 2023
Law360 | REIT Fights to Salvage Merger from Competing Bid
Related News & Insights
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Press Release June 29, 2023Terra Property Trust and Western Asset Mortgage Capital Announce MergerAlston & Bird represented Terra Property Trust, an externally managed real estate investment trust (REIT) that originates, invests in, and manages loans and assets secured by commercial real estate, in its definitive merger agreement with Western Asset Mortgage Capital Corporation, an externally managed REIT that invests in, finances, and manages a portfolio of real-estate-related securities, whole loans, and other financial assets.
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Press Release October 6, 2022Terra Property Trust Closes Merger with Terra Income Fund 6Alston & Bird acted as counsel to the special committee of Terra Property Trust in closing its merger with Terra Income Fund 6, pursuant to which Terra Property Trust has acquired Terra Income Fund 6 in a combination valued at approximately $350 million. The combined company will continue to operate under the name Terra Property Trust Inc. and will remain headquartered in New York City.
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Press Release June 7, 2023Ready Capital Corporation Completes Acquisition of Broadmark Realty CapitalAlston & Bird represented Ready Capital Corporation, a New York–based multistrategy real estate finance company, in its $787 million acquisition of Broadmark Realty Capital, a Washington-based company specializing in owning, developing, and managing real estate properties.
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Press Release March 1, 2023Ready Capital Corporation to Acquire Broadmark Realty Capital for $787 MillionAlston & Bird represented Ready Capital Corporation, a New York–based multistrategy real estate finance company, in its $787 million acquisition of Broadmark Realty Capital, a Washington-based company specializing in owning, developing, and managing real estate properties.
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Press Release March 28, 2022Ready Capital Corporation Announces Completion of AcquisitionsAlston & Bird acted as legal advisor to real estate finance company Ready Capital Corporation in the completion of its previously announced $550 million acquisitions of a series of privately held real estate structured finance opportunities funds, with a focus on construction lending, managed by Mosaic Real Estate Credit Management LLC (Mosaic Real Estate Credit LLC, Mosaic Real Estate Credit TE LLC, and MREC International Incentive Split LP).
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