(Dallas and New York) – Akin advised Millrose Properties, Inc., the leading homesite option platform for residential homebuilders, in connection with a $1.835 billion borrower‑side unsecured credit facility, consisting of a $1.335 billion revolving credit facility and a $500 million delayed‑draw term loan facility, with a maturity of March 25, 2030. The facility also includes an uncommitted accordion feature permitting total commitments of up to $2.5 billion.
The Akin team was led by finance pa...
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