They’ve Got Next: The 40 Under 40 - Molly Lovedale of Cadwalader, Wickersham & Taft

Please describe two of your most substantial, recent wins in practice.

In 2022, I represented Deutsche Bank and Bank of Montreal on a $1.04 billion mortgage loan secured by a portfolio of 109 select service hotels across 22 states. The transaction was connected with the $1.5 billion acquisition of Corepoint Lodging Inc. by a joint venture between Highgate and Cerberus Capital. I then represented Deutsche Bank and Goldman Sachs in 2023 in connection with a $625 million refinancing of a subset of the same portfolio.

Additionally, the commercial real estate industry has faced a challenging couple of years with borrowers ...