Real estate2 in United States
Greenberg Traurig, LLP handles all aspects of real estate work, including acquisitions and dispositions, joint ventures, development, management, leasing, financing, restructuring and land use.Chicago-based Corey Light advised on the sale and leaseback of around 100 stores across the US with an aggregate value of $1bn. Light, Nancy Lash and Miami-based Gary Saul advised Kimco Realty on its $400m development of Dania Pointe in Florida. Orlando-based Michael Sullivan advised Loews Hotels Holding on a joint venture with NBC Universal for the development of two hotels in Orlando and a construction loan facility from Wells Fargo Bank. Miami-based Richard Giusto acted for Invesco on the $268m acquisition of a six-building complex in Washington state that was leased to Microsoft. From the firm's New York office, Stephen Rabinowitz advises private equity funds, financial institutions, developers and other investors on transactional matters relating to all classes of commercial properties. Robert Ivanhoe, who is also based in New York, specializes in real estate structures, financing, workouts, restructurings, and acquisitions and dispositions. Los Angeles-based Gregory Fishman, New York-based Kristen Lonergan and Farah Ahmed are also recommended.
The ‘very responsive and organized’ Cleary Gottlieb Steen & Hamilton advises lenders, borrowers and issuers on wide range of matters including multi-state mortgage and mezzanine loan transactions, intercreditor agreements, asset-based warehouse lending, credit tenant lease financing, acquisitions and dispositions and joint ventures. Typical developments the firm advises on include office and industrial buildings, hotels, shopping centers, multifamily residences and casinos. Steven Wilner and Kimberly Brown Blacklow advised a syndicate of banks, comprising Bank of America Merrill Lynch, Barclays, BMO Capital Markets, Citigroup Global Markets, Deutsche Bank, RBC Capital Markets and The Toronto-Dominion Bank as arrangers for Brookfield Asset Management’s $11.4bn acquisition of Forest City Realty Trust. Newly promoted partner Joseph Lanzkron recently advised ESL Investments, the hedge fund of Sears CEO Edward Lampert, on the sale of $1.5bn of Sears real estate. Steven Horowitz acted for Kindred Healthcare on its $4.1bn acquisition by TPG Capital, Welsh Carson Anderson & Stowe and Humana. Daniel Reynolds acted for Mapletree Investments on its acquisition of a $2.4bn portfolio of 164 US industrial assets from Exeter Property Group. In another recent highlight, the firm advised AllianceBernstein on a $40.8m mortgage loan to an affiliate of AJ Capital Partners for the purchase of the Annapolis Loews Hotel. All named attorneys are based in New York.
Dechert LLP's practice covers commercial real estate finance, as well as the acquisition and sale of commercial real estate debt products. , while the firm also advises on loan origination, acquisitions and dispositions, securitizations, restructuring, commercial mortgage-backed securities (CMBS) and bankruptcy matters. The firm's client base includes issuers, underwriters, loan sellers, servicers, operating advisors and investors. New York-based Laura Swihart and Devin Swaney continue to act for key client Freddie Mac, and this year advised on around 50 deals with an aggregate value of $50bn. Swaney also advised First Foundation Bank as a mortgage loan seller in the securitization of loans secured by multifamily properties. Philadelphia-based Richard Jones and Charlotte-based Stewart McQueen advised The Bancorp on a $304m CMBS deal sponsored by The Bancorp Bank, a Delaware state chartered commercial bank. Another highlight included advising Blackstone Mortgage Trust on a $1bn collateralized loan obligation, while the firm also also acted for Citibank and Goldman Sachs on the $1.9bn refinancing of loans secured by luxury Bahamas resort Atlantis Paradise Island. Philadelphia-based Jason S Rozes, David Forti and New York-based Krystyna Blakeslee are also recommended. Newly promoted partners include Boston-based Christopher Desmond, Samuel Gilbert; Philadelphia-based Gennady Gorel, Kenneth Hackman and New York-based Matthew Fischer. Matthew Hays joined as partner in the Chicago office from Kirkland & Ellis LLP. Kahlil T Yearwood left the firm for Gibson, Dunn & Crutcher LLP. Other clients include Bank of America Merrill Lynch, Barclays, BlackRock, Credit Suisse and Goldman Sachs.
Latham & Watkins LLP provides ‘unparalleled organization, attention to detail and thoroughness’. It is adept at handling M&A, corporate and traditional real estate company transactions, borrower and lender-side finance, private equity and advice on public REITs. Areas of expertise include acquisitions and dispositions, land use, development projects and ground leases, joint ventures, loan enforcement actions and restructurings and workouts. Client sectors include hospitality, healthcare, life sciences, multi-family housing and condominium developments, industrial, office, retail and mixed-use projects. Chicago-based Gary Axelrod recently advised Loews Hotels on a $300m joint venture PPP with Kansas City and several other government entities. Another highlight included representing Walton Street Capital in relation to its acquisition of a class A office building in Chicago as well as a new flagship Apple store for $370m. Robert Buday and Rachel Bates, who are also based in Chicago, co-led in representing Hyatt Hotels on the sale of the Andaz Maui, the Grand Hyatt San Francisco, and the Hyatt Regency Coconut Point Resort and Spa to Host Hotels & Resorts for $1bn. A further highlight included acting for Phillips Edison Grocery Store REIT I on its $2bn merger with Phillips Edison Grocery Store REIT II, a public non-traded REIT; this created a national portfolio of 323 shopping centers with a value of roughly $6.3bn. New York-based Michelle Kelban advised Sumitomo Mitsui Trust Bank as the lender in $300m worth of construction loans for multifamily condominiums in Houston, Orlando and New York City. Michael Haas joined as co-chair of the real estate practice in New York from Jones Day. San-Diego-based James Mann was promoted to partner in January 2018. Los Angeles-based associate Pablo Clarke is also recommended. James Hisiger retired. Other clients include Stepstone Real Estate Partners, Starwood Capital Group, Lineage Logistics and ACORE Capital.
The ‘very knowledgeable, responsive and professional’ Morrison & Foerster LLP handles a broad range of real estate matters including commercial real estate equity and debt transactions, joint ventures, and the purchase and sale of all real estate asset types. The firm's client base includes banks, investment banks, mortgage REITs and debt funds. Global practice chair Mark Edelstein recently advised Wells Fargo on a $1.5bn construction loan for an office and retail tower located at 50 Hudson Yards in New York. Keith Print and Edelstein both advised Wells Fargo and a major multinational bank on a $640m construction loan to finance the construction of three large multi-family, mixed-use buildings in New York. Los-Angeles based Thomas Fileti recently acted for GLP on portfolio financing for more than 75 properties with an aggregate value of over $1bn. Christopher Delson and Edelstein worked together to advise Goldman Sachs, Hines Interests and Pontiac Land on the $860m construction financing for the MoMA Tower in New York. Philip Levine, in the Palo Alto office, represented Bayview on a $289m construction loan for the development of two luxury apartment towers in San Jose, California. The ‘excellent’ Lawrence Ceriello, who is ‘great to work with’, specializes in debt financing, securitizations and large commercial real estate loans for the CMBS market. Thomas McGovern focuses on real estate finance and restructuring. John Davie joined as of counsel from Forest City Ratner Companies. All named attorneys are based in New York unless otherwise stated.
The ‘smart, fast and connected’ Paul, Weiss, Rifkind, Wharton & Garrison LLP represents developers, institutional fund managers, public real estate companies, private real estate fund sponsors, overseas investors and government entities on the full gamut of transactional real estate matters. Harris Freidus recently acted for CIM Group on various acquisitions and debt and equity financing for large developments with an aggregate value of $5bn. Mitchell Berg advised Lendlease Group on its joint venture with SoftBank Group to fund the acquisition and restructuring of around 8,000 existing telecoms sites across the US. Meredith Kane advised Northwell Health on a number of healthcare acquisitions and developments with a total value of $1bn. Another highlight included acting for the Metropolitan Transportation Authority in conjunction with SL Green and Hines Corporation on the $3bn development of an office tower at Vanderbilt Avenue and 42nd Street in New York City. Salvatore Gogliormella acted for Murray Hill Properties on a $3bn joint venture with an affiliate of Banyan Street Capital. Peter Fisch and Gogliormella represented HNA Group on $1.8bn of financing for the acquisition of 245 Park Avenue in New York City. Steven Simkin retired. All named attorneys are based in New York.
Proskauer Rose LLP handles a range of real estate-related matters covering bankruptcy, tax, transactions, finance, leasing, litigation, labor and employment and environmental issues. Its client base includes sovereign wealth funds, institutional and specialty lenders, developers, private equity real estate funds, investment banks, pension funds and REITs. Practice co-head Ronald Sernau advised Extell Development on the $1.3bn financing for the construction of Central Park Tower in New York City. Private equity specialist Jeffrey Horwitz and M&A specialist Daniel Ganitsky recently acted for Morgan Stanley as financial advisor to Starwood Waypoint on its $20bn merger with Invitation Homes. Newly promoted partner Paul Polking advised Vornado Realty Trust on its $442m acquisition of Host Hotels & Resorts’ interest in two commercial condominium units in the New York Marriott Marquis hotel. Steven Lichtenfeld was lead partner for Urban Commons on various matters including a $650m consolidation of 10 hotel properties. Horrowitz, Perry Cacace and Los Angeles-based Douglas Frank acted for Rubicon on the acquisition and redevelopment of hotel properties in New York, New Jersey and St. Croix. Christopher Pennington is also recommended. Al Stemp joined as partner from Hogan Lovells US LLP and Don Melamed joined as partner from O'Melveny & Myers LLP in the Los Angeles office. Other clients include Accor, Empire City Casino, Morgan Stanley and SL Green. All named attorneys are based in New York unless otherwise stated.
Shearman & Sterling LLP's real estate practice handles acquisitions and dispositions, local and global joint ventures, ground leases and commercial leasing. The firm also specializes in real estate-related finance matters such as structured finance, corporate credit facilities, lending, and the financing of REITs. Malcolm Montgomery heads the team and recently acted for Citibank on Digital Realty Trust’s $3.26bn global revolving credit facility and term loans. Lisa Brill, who is ‘an exemplary professional, 100% committed to her clients and always available’, advised AllianceBernstein on a $33m acquisition and pre-development loan. Another highlight included representing MetLife on its $225m mortgage loan and $156m mezzanine loan to Waterside Plaza Ground Lessee and Waterside Mezz respectively. The firm also advised GTIS Partners on a joint venture with Continental Realty Advisors and the related acquisition finance for the purchase of an apartment complex in Phoenix, Arizona. Kris Ferranti focuses on the equity side of real estate transactions and represents foreign and domestic investors and developers. John Opar, associate Helen Quigley and Washington DC-based counsel Jocelyn Redman are also recommended. Counsel Michael Pettingill joined from Silvermine Capital Management. Chris Smith left for DLA Piper LLP (US). All named attorneys are based in New York unless otherwise stated.
Arent Fox LLP
Arent Fox LLP , which merged with Posternak, Blankstein & Lund, L.L.P. at the start of 2019, has an 'incredibly responsive, knowledgeable and practical' team which advises national and international clients on real estate issues sectors including retail, hospitality, senior living, healthcare, sports, education and and non-profit. The firm has recently begun to handle more inbound investment work from Europe and Latin America and is adept at handling tax-exempt bond financing, new market tax credits, bankruptcies and local tax subsidies. Washington DC-based Kenneth Jacob and Thomas Castiello, who was recently promoted to real estate practice leader, acted for DLC Management on the $170m acquisition of The Village at Allen in Texas. Another recent highlight included representing The Blackstone Group on the asset management of two senior living portfolios valued at around $2bn. San Francisco-based Richard Brand continues to advise Pollin Hotels on various matters including multiple refinancing and related corporate matters in relation to the Aloft Portland Airport at Cascade Station, Hampton Inn Portland Airport, and the Sheraton Portland Airport Hotel. The firm is also continuing to advise The Buccini/Pollin Group and PM Hotel Group on all operational matters including real estate, corporate, labor and employment, intellectual property and litigation. David Martin and Kimberly Wachen from the Washington DC office are also recommended alongside San Francisco-based Kelli Scheid Smith. In Washington DC Lewis Goss was promoted to partner and Jeffrey Mitchell joined as counsel from Dinsmore & Shohl LLP.
Debevoise & Plimpton LLP, which provides ‘creative solutions in complex negotiations’, handles acquisitions and dispositions, joint ventures, development projects, financing, restructurings and leasing transactions. Its client base includes private equity funds, financial institutions, REITs, pension funds, hedge funds, publicly traded corporations and other investors. 'Incredibly bright' corporate partner Nicole Levin Mesard, a 'tough negotiator', advised Westfield on its $24.7bn sale to Unibail-Rodamco. In another highlight for Westfield, the firm advised on the $175m sale of Horton Plaza, a 900,000 square foot retail center in San Diego. Real estate chair Peter Irwin advised CPPIB on a $1bn joint venture with Alberta Investment Management Corporation and WPT Industrial Real Estate Investment Trust for the development and operation of industrial real estate assets across the US. Counsel Serhat Krause and Mesard acted for a family office in relation to the $650m investment and development of two residential towers in New York. Edward Rishty advised JP Morgan Asset Management on the $510m acquisition and financing of Groupon’s national headquarters in Chicago in a joint venture with Sterling Bay. Other clients include Brasil Warrant Investments, Rockwood Capital, The Brickstone Companies and Oaktree Capital Management. All named attorneys are based in New York.
Hogan Lovells US LLP handles a wide range of real estate work, including cross-border transactions involving foreign investors across Europe, the Middle East and Asia. Areas of expertise include the acquisition, development and restructuring of commercial real estate and REIT-related matters. New York-based Americas real estate head Mark Eagan recently advised Ivanhoé Cambridge on its $3.8bn joint acquisition, with Blackstone, of Pure Industrial Real Estate Trust. Lee Berner and REIT specialist Bruce Gilchrist in the firm's Washington DC office worked together on Greystar Real Estate Partners' $4.6bn acquisition of Education Realty Trust, a college housing REIT based in Memphis. Denver-based Lea Ann Fowler represented Prologis on the sale of a $1.1bn property portfolio - including 41 industrial properties across the US - to Mapletree Investments. Another highlight included advising the Bahrain-based Mumtalakat Holding Company on a $135m joint venture acquisition with Sentinel Partners and Saudi Aramco of the Lenova office campus in North Carolina. Other clients include Parkway, Onexim Sports and Entertainment, Industrial Property Trust and Equity Residential. Bruce Parmley and David Bonser in Washington DC are also recommended. Al Stemp and Lee Samuelson left for Proskauer Rose LLP and Holland & Knight LLP respectively.
In April 2018, Hunton & Williams and Andrews Kurth Kenyon merged to form Hunton Andrews Kurth LLP. The combined real estate team of ‘practical and commercial lawyers’ advises on investments, redevelopment, private-public ventures and commercial leasing, while other areas of expertise include real estate M&A, REIT matters and securitizations. A recent highlight included acting for Pebblebrook Hotel Trust on its $5.2bn merger with LaSalle Hotel Properties, while the firm also advised Savanna on its $640m acquisition of the 5 Bryant Park building in New York City. New York-based Carl Schwartz and Matthew Scoville acted for Nahla Capital on the $260m sale of 30 rental apartment buildings in San Francisco, and Houston-based Michael Boyd advised on a joint venture led by USAA Real Estate Company and Patrinely Group on the $270m development of an office building in Colorado and the $188m refinancing of a New York apartment complex. Mark Arnold, who is also based in Houston, advised Clark County Stadium Authority on the $1.9bn development of a 65,000-seat stadium for the Las Vegas Raiders. Dallas-based Howard Schreiber, Jeff Giese and Kathleen Wu are also recommended. In the Los Angeles office, Jane Hinton focuses on highly structured debt and equity real estate transactions including mortgage, mezzanine and preferred equity financing. In the New York office, Peter Mignone specializes in commercial real estate finance and capital markets, including advising institutional lenders on the origination of commercial mortgage and mezzanine loans.
Jones Day 's real estate practice handles acquisitions, dispositions, borrower and lender financing, joint ventures, construction, real estate-related dispute resolution, REIT matters and tax advice. Clients include international developers, commercial investment banks, real estate funds, property companies, retailers, hotels and hospitality companies, financial institutions, investors and lenders. Recent highlights include advising Mill Creek Residential Trust on the recapitalization of the company and buyout of its existing investors. The firm also acted as counsel to Meyer Bergman in relation to the formation and closing of its €990m European retail real estate fund MBERP III. Atlanta-based Richard Rosenblatt advised Wells Fargo Bank, National Association on a $750m revolving credit facility to a publicly traded home builder and an amendment and restatement of a $225m revolving credit facility to a large mid-Atlantic home builder. Chicago-based Robert Lee and Brian Sedlak head the team. Dallas-based Michelle Brown and Andrew Van Noord, who made partner in January 2018, are also recommended. Former practice head Michael Haas left for Latham & Watkins LLP in April 2018.
The ‘very diligent and very commercially focused’ Akerman LLP handles urban redevelopment, financing, land deals and construction projects while also advising on distressed real estate and loan origination. Its client base includes investors, developers, builders, lenders, retailers, owners, and corporate end users. Fort Lauderdale-based practice chair Eric Rapkin represented Rock-French Quarter - a joint venture between Rockefeller Corporation and Stiles - on the $134m sale of a multifamily residential tower in Florida. Another highlight included acting for Lennar Multifamily Communities on the $225m acquisition and redevelopment of The MET, a multifamily site in Costa Mesa, California. A further highlight included advising Host Hotels & Resorts on the $215m acquisition of the Loews Don CeSar Hotel and the Beach House Suites in St Pete Beach, Florida. Miami-based Richard Bezold, New York-based Steven Polivy and Florida-based Andrew Robins are also recommended. Mark McElree and Kacy Whitehead joined from McElree Smith in Dallas, while Iran Hopkins joined from Ervin Cohen Jessup in Los Angeles.
Ballard Spahr LLP merged with Lindquist & Vennum PLLP in January 2018, a deal which added seven attorneys to the firm's real estate team, which advises on development, land use, tax structuring, construction, leasing, condominiums, mixed-use projects and condemnation. The firm also represents borrowers and lenders in relation to private equity, REITs and CMBS. Clients include developers, hotel brands, management companies, housing authorities, underwriters and investors. Mark Pollak in Baltimore recently advised Sagamore Development on its $6.9bn, 260-acre Port Covington redevelopment project. Philadelphia-based Tina Makoulian represented The Chemours Company on the $100m development and construction of a 330,000 square foot office, research and lab facility on the University of Delaware's science, technology and advanced research campus in Newark. Another highlight included acting for SRDV on the $300m development of the St Regis Deer Valley Hotel in Utah; this included advising on negotiations with unit purchasers, zoning and entitlements, property tax appeals and hotel management. Practice chair Bart Mellits and Alan Ritterband, both based in Philadelphia, are also recommended. The new joiners from Lindquist included three partners in Minneapolis: Laura Krenz, James Walston and Debra Page. Jeffrey Page also joined the firm as partner in New York from Reed Smith LLP. David Barksdale departed for Loeb & Loeb LLP.
Clifford Chance's US real estate practice handles cross-border transactions, acquisitions and dispositions, equity structures, joint ventures, REIT matters, leasing, mortgage loans, credit facilities and mezzanine loans. ‘Commercially minded and solution-driven’ practice chair Ness Cohen recently advised Madison International Realty on its acquisition of Forest City's 51% interest in 14 retail properties in New York City; a portfolio valued at an estimated $1.3bn. Another highlight included representing YES! Communities on the acquisition and financing of 40 manufactured housing communities and refinancing of 20 other properties for approximately $515m. The firm also advised Almanac Realty Investors on its $376m investment in a joint venture with PECO Real Estate Partners for the acquisition, management and development of a portfolio of retail properties nationwide, while Eddie Frastai advised Standard Chartered Bank on a $100m mortgage loan to LG. Other clients include Safra National Bank of New York, Calatrava Grace, Hone Capital, Lakestar Properties and Deutsche Finance Group. Named attorneys are based in New York.
Kramer Levin Naftalis & Frankel LLP
New York-based Kramer Levin Naftalis & Frankel LLP advises clients on acquisitions and dispositions, joint ventures, registrations, real estate-related litigation, retail and office leasing, and restructuring and recapitalizations. The firm has a particular focus on the office, hotel, residential and retail development sectors, and its client base includes real estate owners and developers, private equity investors, investment bankers, lenders, and hoteliers. Practice chair Jay Neveloff recently advised the Nederlander Organization on the development of its Times Square building, which included a $2bn renovation. Jonathan Canter advised long-term client Extell Development on registering and bringing to market the $4bn Central Park Tower in Manhattan; which, when completed, will be the tallest residential building in the world. Tzvi Rokeach advised VICI Properties on its agreement with Caesars Entertainment to acquire and lease back the land and real property improvements associated with Harrah's Las Vegas Hotel & Casino for approximately $1.1bn. The ‘extremely knowledgeable and very responsive’ James Godman acted as co-counsel for lenders including Morgan Stanley in relation to the $781m refinancing of 237 Park Avenue in New York. Neil Tucker and Daniel Berman are also recommended.
Manatt, Phelps & Phillips, LLP handles real estate financing, development, transactions, land use and litigation. It acts as nationwide leasing counsel to several high-profile companies, focusing on client sectors including tech, retail, insurance, finance, banking and real estate. Palo Alto-based practice head Michael Polentz continues to represent Los Angeles County Museum of Art on its $650m project to transform its museum campus. In San Francisco, Clayton Gantz recently acted for Jay Paul Company on the development of its San Francisco property, which includes 432,000 square-feet of commercial office space, while also advising on a $475m loan provided by Deutsche Bank. Orange County-based Steve Edwards and Susan Hori advised Toll Brothers on its purchase of 169 residential units at Pacifica San Juan in Orange County. Tom Muller and Anita Sabine from the Los Angeles office are also recommended. Other clients include Bohannon Development, Lowe Enterprises, Trammell Crow Residential and Westfield.
Morgan, Lewis & Bockius LLP's real estate practice covers issues such as land assemblage, ownership, use and development, leasing financing, investment, workouts, restructurings, tax matters and dispositions. The firm's client base includes developers, corporate end-users, REITs, private equity and pension funds, institutional lenders, advisers and servicers. Boston-based Richard Toelke acted for Berkshire Group and CBRE Global Investors on the acquisition and financing of various multifamily apartment complexes across the US. Eric Stern, who is based in the Philadelphia office, advised Incyte Corporation on the lease of its headquarters in Delaware. Washington DC-based Michael Pickett took a lead role for The JBG Companies on the combination of fund assets with the Vornado REIT DC real estate portfolio, a deal which created JBG SMITH Properties. Philadelphia-based of counsel Kathleen Keyser and Washington DC-based Thomas Klanderman are also recommended.
Orrick, Herrington & Sutcliffe LLP , which provides ‘proactive and outside-the-box thinking’, has a cross-country practice which advises on issues including portfolio acquisitions, dispositions, fund formations and joint ventures. Practice head Gerard Walsh advised Westbrook Partners on the $700m sale of the south portion of St John's Terminal in New York to a joint venture between Oxford Properties Group and Canada Pension Plan Investment Board. Jonathan Roheim took a lead role for Hackman Capital Partners on the purchase of development rights for the Culver City creative office project from Hudson Pacific Properties in Los Angeles. Nicole Walsh and New York-based Tal Hacohen acted for Superior Plus on a $900m real estate and M&A deal that involved the acquisition of outstanding equity interest in NGL Propane. San Francisco-based Jacobus Machalow was promoted to partner and led on the representation of Swift Realty Partners as the seller and a partner in a joint venture, for the recapitalization of equity interest in a $600m portfolio of four office properties across California. Michael Liever, from the San Francisco office, advised the City of San Francisco on the development of The Grand Hyatt Hotel at San Francisco International Airport. New York-based Marshall Brozost acted for State Street Global Advisors on the $276m sale of a multi-tenant office building to Related Beal in Boston. Randolph Perry is also recommended. Katherine Jones was promoted to partner. All named attorneys are based in Los Angeles unless otherwise stated.
Pillsbury Winthrop Shaw Pittman LLP handles a range of real estate transactions, as well as advising on development projects, leasing for landlords and tenants, loan modifications and bankruptcies, public-private partnerships, distressed real estate assets, and financing for lenders and borrowers. San Francisco-based practice head Rachel Horsch recently advised Barrett Block Partners on the agreement for the sale of property at 4th and Harrison Streets in San Francisco, while California-based real estate and construction head and former CEO Jim Rishwain represented NIMES Capital on various recent projects including the acquisition of a multifamily project at The District at Greenville Apartments and the acquisition of Westchase Forest, both in Texas. Washington DC-based tax specialist Brian Blum is also recommended. Other clients include Triple Five Worldwide, Commonwealth Partners, Jay Paul Company, Shorenstein and Los Angeles Tourism & Convention Boar. Thomas Allen left for Greenberg Traurig, LLP.
The ‘hands-on, knowledgeable and thorough’ Polsinelli PC handles a broad range of real estate matters, including acquisitions, ownership, development and operation of buildings, particularly in the student housing and healthcare sectors. Other areas of expertise include commercial mortgages, construction, mezzanine, bridge and preferred equity financing, and commercial mortgage-backed securities. The firm continues to represent EPR Properties in structuring, negotiating and documenting the acquisition, disposition, financing and development of various education and entertainment projects across the US. Another recent highlight included advising LaSalle Investment Management Distributors on the $63m acquisition of a grocery-anchored shopping center in Las Vegas. Chicago-based real estate division chair Eric Greenfield advises CA Ventures on investment and acquisition support, development and renovation, equity and debt sourcing, and asset management services, and the firm recently acted for the company on a $500m investment in the European housing market. Denver-based Amy Hansen is adept at handling development work and transactional matters relating to REITs. Shareholder Korb Maxwell, who is based in Kansas City, specialises in economic development projects, while Kansas City-based Kraig Kohring and Chase Simmons are also recommended.
Schulte Roth & Zabel LLP's practice provides advice on issues such as development, finance, sales, acquisitions, joint ventures and real estate restructurings. Team head Jeffrey Lenobel has been advising Oxford Properties Group on its joint venture with The Related Companies to lease and develop the $15bn Hudson Yards project in New York, which opens in March 2019, while Julian Wise has been leading the firm's team advising Cerberus Capital Management on its affiliate’s acquisition of assets of Club Exploria Resorts. The firm advised Albertsons and an investor group led by Cerberus on Albertsons' $9.2bn merger with Safeway in 2015 and has since continued to act for the supermarket chain in connection with credit facilities aggregating billions of dollars. Bruce Cybul focuses on advising major financial institutions and private equity, hedge and opportunity funds in their real estate transactional, capital markets and securitization matters. All named attorneys are based in New York.
Husch Blackwell LLP handles portfolio management, facilities operations, financing, planning and development, sales and dispositions, leasing and environmental real estate matters. Other areas of expertise include tax credits, structuring funds and joint ventures, capital-raising, governance and compliance. Key client sectors include retail, telecoms, sports, housing and community development. Denver-based Kevin Kelley and Jennifer Haynes recently advised National Storage Affiliates on its $1.3bn acquisition of a 112-property portfolio across 17 states and Puerto Rico from Simply Self Storage. Kansas-based Charles Renner represented Hunt Development Group on its $300m bid for a PPP to replace the Heman Marion Sweatt Courthouse. Caroline Hermeling heads the team in St Louis. In the Houston office, Kate David and Mike Stafford joined as partners from Gardere Wynne Sewell LLP. Joey Lubinski joined as partner from Ballard Spahr LLP. David Fenley left for Dentons and Jason Romero left for real estate investment company Platform Ventures.
‘Smart, experienced and very responsive’ Loeb & Loeb LLP advises buyers, seller, landlords and tenants on commercial leasing, acquisitions, sales and joint ventures. On the finance side the firm acts for lenders and borrowers on loan origination, CMBS, syndicated credit facilities, loan participations, inter-creditor agreements and mezzanine financing. A recent highlight saw the firm represent the Los Angeles County Metropolitan Transportation Authority on a PPP for the $18bn development of the new West Santa Ana Branch Transit Corridor in Los Angeles. Another highlight included acting for the County of Los Angeles on a PPP with Trammell Crow Company for the construction of a $400m high-rise office building for the County of Los Angeles. ‘Skilled attorney’ Steven Kornblau , who ‘excels on both complicated and contentious deals’, advised Aareal Capital Corporation on a $460m senior mortgage loan secured by the Waldorf Astoria in Beverly Hills and the Beverly Hilton Hotel. Kornblau also advised the LA Metro on the $1.5bn redevelopment of the James A Farley Post Office, which will be converted into part of Moynihan Station in New York. Raymond Sanseverino heads the team in New York with support from Nichole Cortese, Kenneth Sold, Kenneth Freeman and Scott Schneider. David Barksdale joined as a partner from Ballard Spahr LLP in the Los Angeles office. All named attorneys are based in New York unless otherwise stated.
Milbank focuses on the finance side of real estate matters including transactions, debt, preferred equity investments, fund and joint venture structures, construction, bridge and term mortgage loans, commercial mortgage-backed securities (CMBS), mezzanine loans, non-performing loan acquisitions and sales. The firm also handles inbound and outbound cross-border transactions in the US, Asia, Europe, Canada and the Middle East. The three-partner team is headed by Kevin O’Shea, who recently advised Eldorado Resorts on its $1.85bn acquisition of Tropicana Entertainment. Another highlight included acting for Sahara on the $600m sale of its controlling 75% stake in the Plaza Hotel in New York. Yaakov Sheinfeld advised a joint venture of TPG Real Estate and Gramercy Property Trust, a publicly traded REIT, on a mortgage and mezzanine financing facility from Acore Capital to acquire single-tenant office buildings across the US. Erwin Dweck has advised Oxford Properties Group on multiple transactions, while other clients include Pacific Investment Management Company, JP Morgan Chase, State General Reserve Fund of the Sultanate of Oman, SL Green Realty and Sumitomo Mitsui Banking Corporation. All partners are based in New York.
Neal, Gerber & Eisenberg LLP handles a variety of real estate work including acquisitions and dispositions, financing, leasing, management, joint ventures, construction and operational matters. Its client base includes publicly traded, private companies and high net worth families and individuals. Practice chair Douglas Lubelchek - ‘an outstanding attorney and excellent negotiator’ - advised Equity Residential, a publicly traded REIT, on the $416m sale of a mixed-use development in New York. Douglas Ellis recently led for M & J Wilkow on its $142m acquisition of a shopping center in Colorado. Another key mandate from the real estate company saw the firm advise on the $23.5m acquisition of a Pennsylvania shopping center. Darrin Forbes has experience of projects in various asset classes including multifamily apartment projects, office buildings, television studios, shopping centers, manufacturing and warehousing facilities, and large scale mixed-use projects. Avram Feldman specializes in tax planning, joint ventures and acquisitions. All named attorneys are based in Chicago.
Nelson Mullins Riley & Scarborough LLP merged with Broad and Cassel in August 2018. The ‘very talented and friendly’ team has grown by 45 attorneys and 'routinely produces high quality work when time is of the essence’. Areas of expertise include commercial leasing, development, capital markets and loan portfolio transactions. Nashville-based managing partner Larry Papel recently advised W Hotel on the development and construction of a $114m hotel project in Nashville, Tennessee. Atlanta-based team head Andy Litvak represented PointOne Holdings on the $33.5m sale of Waterford Point, a multifamily property in Lithia Springs, Georgia. Another highlight saw the firm advise Starwood Capital on its acquisition of the $600m Dolphin Affordable Housing portfolio. Other clients include Tavistock Development Company, Hillwood, The Bainbridge Companies and Moncure Holdings.
Sullivan & Worcester LLP advises on acquisitions and sales, development, environmental issues, financing, leasing, REIT matters and workouts, while Opportunity Zones - a recent initiative to encourage investment in underdeveloped areas - are a new area of focus for the firm. John Balboni represented Equity Resource Investments on several private equity joint venture transactions with an aggregate value of more than $100m. Ashley Brooks advised Cronin Development on the development, financing and management of the construction of a $500m luxury condominium and two-story restaurant in Boston. Adam Weisenberg is also recommended alongside New York-based real estate finance chair Joseph Philip Forte. The firm took on three partners from Murtha Cullina LLP's affordable housing group - Karen Kepler, John Gahan III and Deirdre Robinson - while Eric Lemont left for an in-house role at a national developer. All named attorneys are based in Boston.
Thompson & Knight LLP
Thompson & Knight LLP provides advice on real estate-related lending, commercial mortgage-backed securities (CMBS), leasing, acquisitions, development, and real estate capital markets. A recent highlight saw the firm advise Wells Fargo Bank on a $700m loan to the Howard Hughes Corporation secured by a portfolio of properties in Hawaii, Texas and Maryland. New York-based William O’Connor and associate David Lawrence advised Drever 1401 Elm Street on a $66.7m bridge loan from Starwood Property Mortgage. Another highlight included acting for Spirit MTA REIT on a $165m loan secured by 85 properties in 16 states. Andrew Ingram advised a subsidiary of Billingsley Company on a loan with Freddie Mac relating to the Hudson multifamily development in Texas. Mark Weibel specializes in commercial real estate capital markets advice, including securitizations involving the representation of originators, master servicers and special servicers in the CMBS market. Real estate and banking practice leader Gregg Davis advises clients on a broad range of commercial real estate issues including zoning and entitlements, economic development, government contracts and title insurance coverage. Michelle Vincent Parker was promoted to partner. All partners are based in Dallas unless otherwise stated.
Vinson & Elkins LLP's client base includes banks, insurance companies, financial institutions, developers, consultants, governmental entities and energy and infrastructure companies. In early 2019 the firm secured a major coup in New York with the addition of a large team from Kasowitz Benson Torres LLP, including partners Wallace Schwartz, Julia Sanabria and Adam Endick. A recent highlight included advising Goldman Sachs on its acquisition of a $350m solar portfolio from Marina Energy. Practice head Paul Martin represented Woods Capital Management on its acquisition of One AT&T Plaza, an office building in downtown Dallas. Newly promoted partner Prentiss Cutshaw took the lead in advising Hillwood Properties on the leasing of a 200,000 square foot build-to-suit facility at AllianceTexas to Mercedes Benz Financial Services. Another highlight included acting for Transwestern Investment Group on its $2.5bn acquisition of three corporate campuses. Randy Jurgensmeyer has particular experience advising investment funds, institutional investors and individuals in forming joint ventures and carrying out real estate transactions for all asset classes. Russell Oshman is also recommended. Carrie Winkler joined as counsel from Hunton Andrews Kurth LLP. Michael Boulden retired. All named attorneys are based in Dallas.
Wachtell, Lipton, Rosen & Katz has a long-established track record of advising on some of the biggest real estate M&A deals in the market, working with clients across the REIT, hospitality and gaming sectors. The New York firm was involved in two of 2018’s biggest deals, acting for Gramercy Property Trust in its $7.6bn acquisition by Blackstone Real Estate Partners VIII, and also advising Forest City Realty Trust’s management on its $6.8bn acquisition by Brookfield Asset Management.
WilmerHale focuses on the life sciences, senior living and retail sectors. The firm continues to represent key client Alexandria Real Estate Equities, recently advising on the formation of several joint ventures including the acquisition, development, financing and operation of various office lab and creative office projects across the US. Another highlight included acting for Carpenter & Company on the $1bn One Dalton project, the tallest residential building in Boston. Sean Boulger has recently advised AEW Capital Management on $800m of transactions including joint ventures, acquisitions and dispositions, and the financing and development of multiple real estate projects nationwide. Keith Barnett acted for for Campanelli Companies on the development and financing of four multifamily apartment projects and industrial spaces, the purchase and sale of various office buildings, and the sale of a life sciences facility; which, when combined, have a total value of around $600m. Paul Jakubowski heads the team, while Douglas Burton and counsel Katelyn O’Brien are also recommended. William O’Reilly retired. All listed partners are based in Boston.
Winston & Strawn advises national developers, lenders, private equity groups, REITs and real estate funds on domestic and international transactions. Areas of expertise include acquisitions, dispositions, development, financing, refinancing and leasing. Texas real estate head Billie Ellis, who is ‘responsive, thorough and has good understanding of legal options’, recently advised Freehold Capital on the $50m acquisition and development of multifamily units across the US. Houston-based Douglas Yeager advised key client Stonelake Capital Partners on the $12m purchase of a 246,000 square foot industrial unit in El Paso, Texas. Another highlight for Stonelake Capital Partners included the acquisition and financing of a $115m portfolio with Guardian Life Insurance, while the firm also took a lead role for Long Cove Development on a high-end, lakefront residential community and marina development project at Cedar Creek Lake in Texas. Houston-based Jeffrey Smith specializes in commercial real estate transactions involving shopping centers, industrial properties, apartments and condominiums.