Lee Askenazi is a partner in the Structured Capital Markets Group of Clifford Chance. He has extensive experience in structured capital markets, including all aspects of residential and commercial mortgage-backed securities, asset-backed securities, collateralized loan obligations, re-REMICs, repurchase facilities and other structured products.
Lee regularly represents the main participants in domestic and international residential (forward and reverse) and commercial real estate-related financing transactions, including sponsors, issuers, investors, collateral managers and asset sellers. In addition, he advises clients in connection with other types of secured financings, including those structured as repurchase transactions and warehouse lending lines. He also represents sellers and purchasers in the disposition of real estate-related assets, including whole loans, participations, mezzanine loans, preferred equity, CMBS, RMBS and CLO securities. His practice also includes all aspects of the acquisition, disposition and financing of servicing advances, mortgage servicing rights and associated servicing platforms, consumer and marketplace loans, and aircraft equipment and leases. Lee represents various sellers, servicer and investors in Freddie Mac's Small Balance Loan securitization program and other GSE-sponsored risk sharing programs.
Lee has also advised participants in the creation and maintenance of several investment funds and joint ventures, particularly those focused on the origination of commercial mortgage loans and the acquisition of distressed assets, and has experience working with derivatives, total return swaps and related products. Lee also has experience representing acquiring companies in negotiated acquisitions of privately held companies.
Lee received his J.D. from Fordham University School of Law in 2003 and his undergraduate degree from Northwestern University in 1998. Lee has been with Clifford Chance since September 2009.