DEALS
 
Blank Rome Represents DRA Advisors LLC in Empire Portfolio Acquisition
October 2016

Blank Rome successfully represented DRA Advisors LLC in the acquisition of the Empire Portfolio, in a joint venture with DLC Management Corp., a New York-based private owner and national operator of retail centers.

The Empire Portfolio includes 15 shopping centers totaling 4.3 million square feet throughout Western New York, with its assets featuring high-quality, national retail tenants, including The Home Depot, Lowe's, PetSmart, Marshalls, Dick’s Sporting Goods, T.J. Maxx, Tops Markets, Price Chopper, and LA Fitness. The portfolio was simultaneously closed through four separate loan pools from Wells Fargo, M&T, and Morgan Stanley.

For more information on this acquisition, please click here.

 
SERVICES
Mergers & Acquisitions
INDUSTRIES
Real Estate
PROFESSIONALS
Martin Luskin
Barry Friedman
Dayna C. Finkelstein
Samuel M. Walker
Corey Tarzik
Beth A. Bernstein
Mitesh Patel
 
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