Fried, Frank, Harris, Shriver & Jacobson LLP

07/22/2021 | Press release | Archived content

Prospect Ridge Advisors Provides Financing for Williams Homes

Fried Frank acted as counsel to Prospect Ridge Advisors, LLC in connection with its preferred equity investment in Williams Homes, Inc., a leading private homebuilder in the Western United States that sells single family homes for entry level and move-up homebuyers in California, Idaho, Montana, and Texas. In addition to the acquisition, Fried Frank acted as counsel in connection with the formation of a co-invest fund to raise capital to facilitate the investment.

The Fried Frank team included corporate real estate partner Patrick M. Dowd, corporate partners Rebecca Neuschatz Zelenka and Steven G. Scheinfeld; tax partner Libin Zhang; corporate real estate associates Luis Murguia, Adam L. Streicher, and Jessica L. Teng; corporate associates Priscilla Hamilton and Suvayu D. Pant; and tax associate Rodney H. Hill.