A Clifford Chance team led by New York Banking & Finance partner Gary Brooks advised Apollo Commercial Real Estate Finance, Inc., a real estate investment trust that originates and invests in loans collateralized by commercial real estate throughout the United States and Europe, in connection with its US$500 million secured credit facility.
The proceeds of the term loans under the credit facility may be used for, among other things, working capital and other general corporate purposes.
Working with Gary on the transaction were associates Andrew Young and Thomas McGowan, both based in New York.