DLA Piper advises AC2 in US$75 million financing

DLA Piper advised AC2, a joint venture formed by Affinius Capital, a US-based institutional real estate investment firm, and Artha Capital, one of Mexico’s most active real estate fund managers, developers and operators, in a US$75 million financing granted by Banorte for strategic development of a 97,231 square meter industrial build-to-suit in phase II of the PLATAH industrial park in Hidalgo, Mexico.

“The DLA Piper team led by Roberto Rios provided invaluable counsel to our AC2 venture for the construction financing for this industrial development,” stated Aaron Retersdorf, vice president of capital markets for Affinius Capital. “We are thankful that DLA Piper assisted us in navigating the complex cross-border lending landscape in Mexico to ensure a smooth closing.”

The DLA Piper team was led by partner Robert Rios Artigas (Mexico City) and included associates Javier Pichardini, Eduardo Gallástegui, and Susana Guizar (all in Mexico City).

DLA Piper in Latin America's Team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region. Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform. With over 450 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our teams frequently work with our professionals throughout the LatAm region, Iberian Peninsula, and around the globe. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve all our clients’ legal and business needs, whether they are based in Latin America or wish to do business there. For more information, visit Latin America | DLA Piper.