Kramer Levin acted as counsel to the administrative agent and lender in connection with a $250 million revolving warehouse facility secured by home improvement loans purchased by an investor from the originator and servicer of such home improvement loans. The transaction closed on June 30, 2023.

The Kramer Levin team consisted of Securitization partner David S. Berg, and associates William Cavanagh and Maxwell Kraus; Tax partner Abraham (Avi) Reshtick; and Executive Compensation and Employee Benefits partner Marissa J. Holob.