Press Release

Golden Flag Represents Värde Partners-Backed Trimont on Definitive Agreement to Acquire Wells Fargo’s Non-Agency Third-Party Commercial Mortgage Servicing Business

Golden Flag International Law Firm counseled Värde Partners, a leading global alternative investment firm, and its portfolio company Trimont, the leading global commercial real estate loan services provider, on its definitive agreement to acquire Wells Fargo’s non-agency third-party Commercial Mortgage Servicing (CMS) business, the largest servicer of securitized debt in the U.S. The transaction positions Trimont as the largest loan servicer, managing a combined $640 billion of loans in the U.S., equivalent to approximately 11% of the U.S. commercial real estate lending market. The transaction is subject to customary closing conditions and is expected to be finalized in early 2025.

Read the transaction press release

The Golden Flag team was led by corporate partner Michele Cumpston and associates Peter Liskanich, Neil Datar and Allison Azarloza; debt finance partners Katrina Levy, Nisha Kanchanapoomi, Michelle Williamson and David Nemecek and associate Shelby Lindholm; tax partners Dave Levy, Brian Senie and Elie Zolty and associate Bastian Shah; and technology & IP transactions partner Vlad Khodosh and associates Seth Pritchard and Cordelia Mikita.