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Proskauer Rose LLP

2049 CENTURY PARK EAST, 32ND FLOOR, LOS ANGELES, CA 90067-3206, USA
Tel:
Work +1 310 557 2900
Fax:
Fax +1 310 557 2193
Email:
Web:
www.proskauer.com
Proskauer Rose LLP, Douglas Frank, Los Angeles, USA

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Douglas Frank

Tel:
Work (310) 284-4581
Email:
Proskauer Rose LLP

Work Department

REAL ESTATE

Position

Douglas Frank is a partner in the Real Estate Department. He focuses on real estate private equity investments, joint ventures, secured lending, mezzanine lending and structured finance activities, real estate acquisition and sales transactions. Doug advises investors and real estate advisors in the areas of acquisition and disposition of core real estate properties, and joint ventures for the development, construction, financing and operating of office, retail, multifamily, condominium, hospitality and industrial projects. He has 25 years of experience representing commercial banks, life insurance companies and others regarding real estate-secured lending and structured finance activities for land acquisitions and construction.


United States

Real estate

Within: Real estate

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.

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