Ropes & Gray Represents TPG Real Estate in Acquisition of Loan Portfolio from Deutsche Bank
TPG Real Estate, the real estate platform of private equity firm TPG, completed the acquisition of a majority interest in a high-yield real estate loan portfolio from Deutsche Bank in a deal announced on Jan. 9. TPG Real Estate holds a 75 percent stake in the $2.5 billion portfolio, while Deutsche Bank retains 25 percent ownership.
The Ropes & Gray team representing TPG Real Estate includes private equity partners Alfred Rose (Boston); real estate investments & transactions partners David Djaha (New York) and Jack Creedon (Boston); tax partner Chris Leich (Boston); private investment funds partner Jason E. Brown (Boston); investment management partner George Raine (Boston); employee benefits partner Peter Rosenberg (Boston); real estate counsel Laurie Nelson (New York); finance counsel Patricia Lynch (Boston); private equity associate Minh-Chau Le (Boston); and tax associate Adam Greenwood (New York).