National Life Insurance Company Completes Complex Real Estate Transaction with National REIT

Representation of a major life insurance company in complex real estate finance transaction involving pooled loans to 19 affiliates of a large real estate investment fund. The loans will encumber high quality and well known office buildings in California and other jurisdictions. The transaction includes multiple notes, multiple deeds of trust, cross default clauses, recourse carve out guarantees, and cross-collateralization guarantees secured by second trust deeds on all of the properties.

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