February 07, 2014
Cadwalader, Wickersham & Taft LLP, a leading counselor to global financial institutions and corporations, has once again been recognized as the top commercial mortgage securitization practice in the nation by Commercial Mortgage Alert.
The firm’s Capital Markets Group, led by partners Michael Gambro and Stuart Goldstein, was recognized as both “Top Issuer Counsel” and “Top Underwriter Counsel” by the publication. This marks the fourteenth consecutive year in which Cadwalader is ranked first in the “Top Issuer Counsel” category in both the midyear and end-of-year rankings.
Cadwalader was retained as issuer counsel on 79 deals in 2013, which totaled $59 billion. This number is up from the 55 deals executed last year, which totaled $34.7 billion. As underwriter counsel, the firm was involved in 54 deals valued at $27.8 billion.
“It’s a privilege to have great clients, many of whom we’ve worked with since the inception of CMBS,” said Gambro. “We have developed and maintain these relationships by providing high quality advice and not taking anything for granted.”
Cadwalader’s Capital Markets Group features more than 100 attorneys globally, more than half of whom are dedicated to CMBS. The team handles a broad range of client work, including warehousing loans and structuring debt. The group’s time-tested capabilities help the firm win mandates both on mainstream CMBS and on more complex transactions, such as commercial real estate CLOs and distressed-asset securitizations.
“We have a fantastic team of attorneys with deep market knowledge,” Goldstein said. “Our clients know that we understand their business.”