Debevoise & Plimpton LLP advised J.P. Morgan Asset Management on the $510 million acquisition and related financing of Groupon’s headquarters, located at 600 W. Chicago Avenue, Chicago, Illinois, in a joint venture with Sterling Bay.

J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than $130 billion in assets under management and over 800 professionals (as of December 31, 2017), it offers strategies across the alternative investment spectrum including real estate, private equity and credit, infrastructure, transportation, liquid alternatives, and hedge funds.

The Debevoise team was led by partner Edward M. Rishty and included partner Michael Bolotin; counsel Daniel Farrell; and associate Emily Zheshu Xiao.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.