Advising MREIT on a secured loan for commercial real estate

Nader, Hayaux, and Goebel advised and represented MREIT, a real estate development fund sponsored by Credit Suisse Mexico, in its capacity as administrative and security agent, on a secured loan for an amount of USD23 million, granted to Parques American Industries, S.A. de C.V., Impulsora Queretana de Inmuebles, S.A. de C.V. and Arquitectura Habitacional e Industrial, S.A. de C.V., as co-borrowers, which facility was primarly addressed to repay existing debt and capex.

The loan facility was secured by a guaranty trust. The assets securing the facility under the Mexican Guaranty Trust are the properties and rents under lease agreements.