Julie M. Murphy
PartnerChair, Bankruptcy & Restructuring
she/her/hers
Experience
Stradley Ronon Advises Yieldstreet in $200M Fintech Powersports Loan Investment Transaction with Octane
The firm represented Yieldstreet Management, a leading private markets investment platform providing expanded alternative investments access to investors, in a $200 million investment in fintech powersports consumer loans acquired from, and to be serviced by, Octane Lending Inc. and its affiliate Roadrunner Financial. The investment was made with both equity investments from Yieldstreet investors and debt financing provided by JPMorgan Chase Bank NA. This was the third transaction in which Stradley Ronon represented Yieldstreet in making powersports loan purchases from Octane.
David H. Joseph, Kevin P. Kundra, Julie M. Murphy and Michael P. BonnerGattuso Development Partners Secures $290 Million Construction Loan for University City Project
Stradley Ronon represented Gattuso Development Partners and its partners with a $290 million construction loan for an 11-story mixed-use development in University City. 45% of the development has been pre-leased to SmartLabs and Drexel University. Once completed, the project is expected to be Philadelphia’s largest life sciences project featuring 520,000 SF of lab and 12,000 SF of retail space.
Philadelphia Business Journal named this project the “2022 Deal of the Year.” Read the article here (with subscription) and learn about Stradley Ronon’s involvement with this marquee project.
Christopher W. Rosenbleeth, Julie M. Murphy and Megan E. Stamm