Hengeler Mueller advises Bank of America Merrill Lynch on refinancing of The Squaire and subsequent CMBS

Bank of America Merrill Lynch refinanced the office and hotel property The Squaire at Frankfurt Airport by granting loans of EUR 467.6 million for the office and hotel parts and EUR 32.4 million for the multi-storey car park. The loans were subsequently securitised via Taurus DEU 2018-3 DAC.

Hengeler Mueller advised Bank of America Merrill Lynch on the transaction. Led by partner Martin Geiger (London), the Hengeler Mueller team included counsel Axel Gehringer (Frankfurt) (both Financing) and Markus Ernst (Tax, Munich) as well as associates Bernhard K. Quensel (Frankfurt), Aeneas Nalbantis (London) (both Financing), Sebastian Adam (Tax) and Heike Kainer (Financing) (both Frankfurt).