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Daily Journal Commends D. Merrill for Real Estate Practice

Daily Journal, July 27, 2011 — Partner Doc Merrill was recognized by the Daily Journal for his outstanding work in the real estate practice area over the past year. Merrill was noted for his work on behalf of State Street Bank in its acquisition of a $500 million-plus mortgage note for the Heritage Fields at El Toro development in Orange County, Calif., for $153 million. Merrill helped guide State Street Bank in negotiating a highly complex restructuring of hundreds of millions of dollars in debt owed by the project developer. The deal helped push forward a $1.4 billion, 700-acre project located on one of Orange County’s most valuable pieces of real estate — a development that is set to include 5,000 new homes, more than 5 million square feet of commercial space and a metropolitan park twice the size of New York’s Central Park. Partners Ed Smith and Susan Duvall and counsel Camarin Madigan also worked on this matter.
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