Gary Silverstein represents issuers, underwriters, loan sellers and other parties in connection with the tax aspects of mortgage-backed and asset-backed securities, REMICs, CLOs, CRE-CLOs and other debt issuances. He has extensive experience in structuring commercial and residential mortgage-backed securitizations and resecuritizations, and in other capital markets transactions (both agency and “private-label”). Silverstein advises borrowers and lenders (including securitization vehicles) in connection with loan workouts, foreclosures and restructurings. He is also involved in the re-performing and distressed asset markets and in the formation of lending facilities to finance MSRs, new and/or seasoned mortgage loans and other securities.
Lawdragon Honors
| Honor | Year | Practice |
|---|---|---|
| The 2026 Lawdragon 500 Leading Global Tax Lawyers | 2026 | Tax, Mortgage-Backed Securities, Finance |
| The Inaugural Lawdragon 500 Leading Global Tax Lawyers | 2025 | Tax, Mortgage-Backed Securities, Finance |
He also works closely with Cadwalader's finance attorneys in the origination of large commercial loans for securitization or syndication and in advising loan participants that face challenges in volatile markets. In addition, Silverstein advises both lenders and borrowers in their negotiations of credit facilities (including subscription line facilities and NAV lending), credit agreements and repos, with extensive knowledge of “taxable mortgage pool” issues and solutions.
Silverstein is a member of the Tax Section of the New York State Bar Association and the Tax Subcommittee of the Structured Finance Association. He is the co-author of a chapter on taxation in the Mortgage and Asset Backed Securities Litigation Handbook (West). He has been a speaker at CREFC and the ABA's annual convention in Washington, D.C., to discuss the taxation of mortgage securitization.
Silverstein graduated with a B.A., cum laude, in Economics from Yeshiva University, received his J.D. from Columbia University Law School, and earned his LL.M. degree in Taxation from New York University School of Law. He is admitted to practice in the State of New York.