Simpson Thacher represented Centerbridge Partners, L.P. (“Centerbridge”), a global private investment management firm, which led a $750 million strategic investment in Merritt Properties, LLC (“Merritt Properties”), one of the largest privately held commercial real estate companies in the Mid-Atlantic and Southeast. Almanac Realty Investors (“Almanac”), the private real estate investment arm of Neuberger, which has partnered with Merritt Properties since 1997, also participated.
The Simpson Thacher team included Atif Azher, Naveed Anwar, Julie Siegel, William Lyoo and Alex Roh (M&A); Krista Miniutti, Danielle Jackson, Justin Mathew and Isabel Florentino (Real Estate); Marcy Geller, Caroline Phillips, Jessica Berman and Benjamin Bressler (Tax); Brian Steinhardt and Ariel Zaghi (Credit); Greg Grogan, Ashlie Lawton and Margaret Wang (Executive Compensation and Employee Benefits); Toby Chun and Logan Lineberry (Environmental); Kate Mirino and Christian Bond (IP/Privacy); Preston Miller, Kelly Karapetyan and Nicholas Ingros (Antitrust); Mick Tuesley, James Perry and Shinae Yoon (CFIUS); Steven DeLott (Insurance); Ryan Bekkerus (Capital Markets) and Nathan Utterback (Derivatives). Summer Associate Matt Leichenger also provided valuable assistance.