Weil advised Goldman Sachs Bank USA and JPMorgan Chase Bank, N.A., as joint lead arrangers and bookrunners, in connection with the provision of $1 billion of commitments to provide a delayed draw term loan facility to Millrose Properties, Inc. which will support Millrose Properties, Inc.’s investment pace and ensure it has ample capital to execute on a growing range of opportunities.

Millrose Properties, Inc. is a publicly traded REIT specializing in the acquisition and development of residential land, as well as the sale of finished homesites to homebuilders.

The Weil deal team was led by Banking & Finance partner Jessie Chiang and Capital Markets Co-Head Michael Hickey and included Banking & Finance associates Nick Swan and Sammy Silberberg (Not Yet Admitted in New York), as well as Capital Markets associates Sakshi Sharma and Leigh Dannhauser. The Weil deal team also included Real Estate partner Pejman Razavilar, attorney Leslie Smith and associates Ilana Bier and Jules Bienenfeld.