Cases and Deals
Deal

DRA Advisors Divides a Securitized Loan into Senior and Mezzanine Loans

Blank Rome represented DRA Advisors LLC in the bifurcation of its $52 million securitized loan with German American Capital Corporation secured by The Streets of Brentwood, a 305,919 square-foot anchored lifestyle shopping center in Brentwood, California, into a $42 million senior loan and a $10 million mezzanine loan. The transaction closed on February 5, 2013.