Latham & Watkins Advises StepStone in Its Partnership With Western Wealth Capital

Western Wealth Capital (WWC), a real estate investment company, has announced a new partnership with StepStone Group Real Estate LP (StepStone), a division of StepStone Group Inc., a global private markets investment firm. The strategic partnership has resulted in the refinancing of a large, geographically diverse portfolio with 10 assets (and one additional pending), consolidating lenders, and placing moderately leveraged debt sized for the current market cycle.

Latham & Watkins LLP served as lead counsel and represented StepStone in the transaction, with a team led by Global Co-Chair of the Real Estate Practice Michael Haas, New York partner Mark Semotiuk, and associates Sam Steinman and Nick Steele.