Weil is advising Front Yard Residential Corporation, a REIT that acquires, owns and manages single-family rental properties throughout the United States, in its $2.3 billion sale to Amherst Residential, LLC, a vertically-integrated provider of high-quality and affordable rental homes. The transaction is expected to close in the second quarter of 2020, subject to customary closing conditions.
The Weil team advising Front Yard is led by Mergers & Acquisitions partner Michael Aiello and includes Mergers & Acquisitions partner Sachin Kohli, Mergers & Acquisitions counsel Megan Pendleton and Mergers & Acquisitions associates Kimberly Thibault, Cody Conwell, Robert W. Duff Jr. and Dov Kogen (Not Yet Admitted in California). The team also includes Banking & Finance partner Gabriel Gregson; Structured Finance partner Shawn Kodes; Technology & IP Transactions partner Charan Sandhu; Tax partner Mark Schwed; Executive Compensation & Benefits Head Paul Wessel; Real Estate Co-Head W. Michael Bond and Real Estate partner Nellie Camerik; Environmental Head Annemargaret Connolly; Banking & Finance counsel Paul Overmyer; Tax counsel Eric Remijan; Executive Compensation & Benefits counsel Craig Olshan; Regulatory counsel Adam Safwat; Antitrust counsel Vadim Brusser and Jonathan Cheng; Banking & Finance associate Dylan Scher; Structured Finance associate Matthew Nemeth; Technology & IP Transactions associates Lauren Springer, Catherine Minji Kim and Maryann Thompson (Not Yet Admitted in New York); Tax associate Mary Sommers; and Executive Compensation & Benefits associate Tamara Roth.