Willkie Farr & Gallagher LLP

09/10/2026 | News release | Distributed by Public on 09/10/2026 15:36

Willkie Advises on Sale of Cascade Financial Services to Pretium

Willkie Advises on Sale of Cascade Financial Services to Pretium

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September 10, 2026

Willkie advised Cascade Financial Services, a leading lender to buyers of manufactured homes, and its majority shareholder Centerbridge Partners on the sale of Cascade to Pretium, a specialized investment firm focused on U.S. residential real estate, residential credit and corporate credit.

On September 10, Pretium announced that Cascade is joining its residential credit platform, which provides financing for borrowers who would not qualify for a traditional, government-backed mortgage. The addition of Cascade will enable Pretium to expand its lending to prospective purchasers of manufactured homes.

Willkie previously advised Centerbridge Partners on its acquisition of Cascade in 2016.

Centerbridge Partners, L.P. is a global alternative investment firm founded in 2005 with over $46 billion in assets under management.

The Willkie team was led by partners Rosalind Fahey Kruse and Tej Prakash with associate Patrais Strzelecki.
Rosalind Fahey Kruse Partner Corporate & Financial Services
New York [email protected] +1 212 728 8632
Tej Prakash Partner Corporate & Financial Services
New York [email protected] +1 212 728 8505
Patrais Strzelecki Associate Corporate & Financial Services
Chicago [email protected] +1 312 728 9074
Willkie Farr & Gallagher LLP published this content on September 10, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 10, 2026 at 21:36 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]