Blank Rome Represents Wells Fargo in Closing of $2.7B Acquisition Loan
Blank Rome LLP represented Wells Fargo Bank, N.A., in the December 18, 2015 closing of a $2.7 billion loan under the Fannie Mae DUS program for the acquisition of Stuyvesant Town-Peter Cooper Village, the largest apartment complex in New York City. The mixed-use apartment complex comprised of more than 11,000 units was acquired by The Blackstone Group, in partnership with Ivanhoe Cambridge Inc., from CWCapital Asset Management for a total purchase price of $5.3 billion