Cozen O’Connor represented Goldman Sachs Bank USA; Bank of America, National Association; and Bank of Montreal in connection with a five-year, fixed-rate CMBS loan with an original principal balance of $450 million. The mortgage was extended to borrowers controlled by a joint venture between an affiliate of Vornado Realty Trust and a group of institutional investors advised by Crown Acquisitions.

The Cozen O’Connor team was led by William F. Davis. The team also included Daniel Levin, Rebecca Eschen, and Matthew Robbins.

Cozen O’Connor’s Real Estate Practice represents national and regional developers, public companies and REITS, owners, builders, managers, private equity funds, institutional and private investors, banks, and governments in acquisitions and dispositions, development, financing, leasing, ground leasing, management, and sale of real estate.