Cadwalader Maintains Its Dominance of Securitization Market at 2022 Mid-Point

August 01, 2022

Cadwalader maintains its dominance as the most active law firm advising in the global securitization markets, representing clients on the largest number of transactions across the asset classes of ABS, CLOs, CMBS, RMBS and GSE multifamily MBS in the first six months of 2022.

Based on industry league tables*, Cadwalader advised on 96 transactions as issuers’ counsel, valued at approximately $75 billion, and 129 transactions as underwriters’ counsel, valued at approximately $89 billion.

In the U.S. commercial mortgage securitization space, Cadwalader was the leading law firm, again ranked as the top issuer counsel in all three segments of the market: non-agency CMBS, agency deals and CRE CLOs. Cadwalader also earned the top rank as underwriter counsel for both non-agency CMBS and CRE CLOs.

Cadwalader has led the CMBS issuer-counsel league table every year since 2000 and this is the firm’s third consecutive ranking as the number one issuer and underwriter counsel for CRE CLOs.

To see the July 29 Commercial Mortgage Alert article titled “Cadwalader Sweeps Law-Firm Tables,” click here.

“Coming off a very strong first half, we are reminded that these winning mid-year results – and our long-standing market leadership, more generally – reflect the vitality of our issuer and underwriter clients,” said Michael Gambro, co-chair of Cadwalader’s Capital Markets Group. “Our team advises clients on both traditional and exciting new bespoke transactions, so we’re constantly evolving to address their real-time market needs.”

Added Stuart Goldstein, co-chair of Cadwalader’s Capital Markets Group: “Just as our clients are forward-looking, we are always investing in our talent and planning for the industry’s growth and future opportunities. Our dedication to securitization over many decades has gained us a deep and unsurpassed bench of attorneys and staff who are ready to counsel our clients in any business cycle to help achieve their current successes and realize their longer-term goals.”

Cadwalader’s Capital Markets practice, including attorneys in New York, Charlotte, Washington, D.C., and London, is recognized as a premier global legal advisor in securitization and structured finance.

* Industry tables include Creditflux, Asset-Backed Alert, Commercial Mortgage Alert dba Green Street