Cases & Deals

DivCore forms $330 million DivCore Subordinate Debt Club I, LP

Clients DivCore Real Estate Asset Management

Jones Day advised DivCore Real Estate Asset Management, an affiliate of DivcoWest Real Estate Services Inc., in connection with the formation of its first debt fund, DivCore Subordinate Debt Club I, LP, with $330 million in partner commitments, as well as closing a $500 million securitization. The fund used an innovative structure combining a securitization to finance the acquisition of mortgage loans in a real estate investment trust.