New York, NY - Cole Schotz represented Ascent Real Estate Advisors, LLC, in the acquisition, financing and joint venture of an office property in Sunnyvale, California.
The transaction is a joint venture between Ascent, London Management Corp. (another Cole Schotz client) and Graymark Capital, Inc., based in San Francisco, California, and the financing is through RCC Real Estate, Inc., an affiliate of Resource Real Estate Funding, Inc. The property will be managed by Colliers Parrish Asset Management, Inc., and leased through Colliers Parrish International, Inc. Jordan J. Metzger, a Member of the firm’s real estate and corporate departments, was the lead attorney on the transaction.
Cole Schotz serves clients throughout the U.S. with offices in New Jersey, New York, Delaware, Maryland and Texas. The firm represents closely held businesses and individuals as well as Fortune 500 companies. Founded in 1928, the firm has grown to 120 attorneys who work in nine primary areas of practice: Bankruptcy & Corporate Restructuring; Litigation; Real Estate; Tax, Trusts & Estates; Corporate, Finance & Business Transactions; Employment; Environmental; Intellectual Property and Construction Services.
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