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Proskauer Rose LLP

11 TIMES SQUARE, NEW YORK, NEW YORK 10036-8299, USA
Tel:
Work +1 212 969 3000
Fax:
Fax +1 212 969 2900
Email:
Web:
www.proskauer.com
Proskauer Rose LLP, Ronald Sernau, New York, USA

Lawyer rankings

Ronald Sernau

Tel:
Work (212) 969-3785
Email:
Proskauer Rose LLP

Work Department

REAL ESTATE

Position

Ronald Sernau, co-chair of the Real Estate Department and co-chair of the Private Equity Real Estate practice, represents parties in particularly visible transactions involving trophy properties. He represents landlords and tenants, lenders and borrowers, purchasers and sellers, equity investors and developers, managers and owners, and brokers and principals. Ron created the Proskauer Commercial Leasing System, which automates the commercial leasing process, reducing the processing time for a commercial lease from several weeks to several days. Realcomm awarded Ron with its prize for the best use of technology in real estate law in 2004.


United States

Real estate

Within: Real estate

Proskauer Rose LLP’s wide-ranging real estate practice encompasses private equity investments, financing, leasing and all stages of the development process, including land acquisition, construction financing and contract negotiation. Practice co-head Ronald Sernau has significant experience in the New York market, where he advises on high-value transactions involving trophy properties; Sernau recently acted for Extell Development Company on the recapitalization of its marquee Central Park Tower project and, along with Steven Lichtenfeld and Perry Cacace, advised New York REIT on its acquisition of an equity interest in an existing joint venture which owns Worldwide Plaza in Manhattan. On the lender side, private equity specialist Jeffrey Horwitz and M&A lawyer Daniel Ganitsky acted for Morgan Stanley as financial adviser to Starwood Waypoint on its $20bn merger with Invitation Home. Notable cross-border matters for the team included Horwitz and Lichtenfeld advising Accor on its $2.9bn acquisition of FRHI Hotels and Resorts from the Qatar Investment Authority and Oxford Properties. Inland Real Estate and IO Data Centers are also key active clients.

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