Ropes & Gray Represents Special Committee of Cole Credit Property Trust II in $7.1 Billion Merger with Spirit Realty Capital
The combined company will own or have an interest in 2,012 properties in 48 states. It will have a significantly enhanced scale and scope, a more broadly diversified portfolio of high-quality real estate assets and enhanced access to capital. The deal was announced on January 22 and completion of the transaction is subject to the receipt of approval of the majority of shares outstanding of Spirit Realty and CCPT II and customary regulatory approvals and closing conditions.
The Ropes & Gray team included investment management partner John Loder and business & securities litigation partner Peter Welsh.