Wayne Cook, Jr., Angela Crowder, Eloy Peral Represent Lender in $135 Million Loan to Silver Star
Tuesday, April 2, 2024
Wayne Cook, Jr. and Angela Crowder represented RMWC as lender in its $135 million “exit facility” loan to Silver Star Properties, for the purposes of transitioning its real estate portfolio -- consisting of office, retail and industrial properties across Texas -- to the self-storage market. The loan and portfolio transition take place against a backdrop of ongoing legal challenges facing Silver Star, including an SEC investigation and a Chapter 11 bankruptcy reorganization, and further complicated the due diligence, which was addressed by Eloy Peral. News of the deal was reported via:
- ABLAdvisor
- CoStar
- Law360 (subscription may apply)
- REBusinessOnline
