MoFo Guides $250M Refinancing Of Lord & Taylor Flagship

Law360, New York (September 17, 2012, 5:00 PM EDT) -- Lord & Taylor has secured a $250 million mortgage to refinance its iconic Fifth Avenue flagship store in a deal arranged by Canadian Imperial Bank of Commerce and Natixis Real Estate Capital LLC, a Morrison & Foerster LLP partner said Monday.

CIBC and Natixis each contributed $125 million to the five-year deal for the space, which closed Sept. 7, according to Morrison & Foerster partner Chris Morrison Delson, who advised CIBC on the deal.

"I think it's a pretty unique deal in that it is relatively...
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