Cadwalader, McDermott Steer $345M Wells-Invesco NYC Loan

Law360 (June 4, 2018, 7:21 PM EDT) -- Cadwalader Wickersham & Taft LLP represented Wells Fargo Bank NA in connection with its $345 million loan to McDermott Will & Emery LLP-counseled Invesco Real Estate for the firm's recent purchase of various commercial condo units on Broadway in Manhattan, according to records made public in New York on Monday.

The loan is for Invesco's purchase of multiple units at 1731 Broadway, according to a mortgage document filed on Monday. The property is three blocks south of Central Park, and close to the 57th Street subway station where the F, N, Q, R and W trains stop.

Although the mortgage document lists...

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