October 12, 2016
In the Law360 article, "Kelley Drye, Willkie Farr Steer $850M NYC Loan," partners Robert D. Bickford Jr. and James F. Jacobus are noted as counsel to AXA Equitable Life Insurance Co., MetLife Real Estate Investments and New York Life Insurance Co. in connection with an $850 million loan to Paramount Group Inc. for 1301 Avenue of the Americas. Paramount recently completed a $500 million mortgage deal for 31 West 52nd Street with AXA and MetLife. Mr. Bickford highlighted the similarities between the most recent loan and the West 52nd mortgage. "It was a very cooperative, collaborative effort. We drew extensively on the background from the recently closed loan at 31 W. 52nd St.," he said. "We were able to get it done on a very expeditious schedule."
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