Akin advised Preylock Holdings, as borrower, in the closing of a $1.2 billion, commercial mortgage-backed securities financing secured by 12 distribution warehouses totaling 8.9 million square feet across 10 states.
The Akin team was led by real estate partner John Bain, real estate counsel Wes Smith, real estate associates Payne Roberts and Brielle Rowe, corporate associates Penelope Shumway and Hannah Bush, and included investment management partner Adam Hilkemann and investment management counsel Marc Lombardi.