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Sheppard

Sheppard

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United States • Real estate

5

Real estate finance

Sheppard advises clients across a broad spectrum of real estate matters, including office financings, complex loan transactions, and large-scale housing developments, as well as the structuring of acquisitions, joint ventures, and disposals. The wider practice group is co-led by San Diego-based Michael Leake, who brings extensive experience in high-value acquisitions and dispositions, and New York’s Scott Stern, who regularly represents lenders in loan originations and restructurings. Key practitioners include Richard Fries, noted for his work in construction lending and distressed real estate workouts, and Neil Cohen, who advises on mezzanine financings and participations. Seasoned commercial real estate attorney Ross Honig is also a key contact.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Our team at SMRH is extremely flexible and responsive. They are up to date on market trends and help defend our interests without letting inconsequential items get in the way. They are familiar with our clients and are good and efficient at reusing precedent documents where appropriate. They are well-staffed and consistently produce high-quality work when promised.’

  • ‘The group we use has several extremely capable and accessible senior partners. Richard Fries, in particular, is a true "counselor" in the highest sense of the word, keeping us advised on industry trends in structures and loan terms while also helping us solve complex financing issues and ensuring our credit teams are comfortable with the lending we do. He is accessible and proactive in his outreach to us.’

Key clients

  • Lendlease
  • M&T Bank
  • Algin Management
  • Metropolitan Commercial Bank
  • Scale Lending (affiliated with Carlyle Credit Opportunities)
  • Slate Property Group

Work highlights

Represented Lendlease, a global real estate group headquartered in Sydney, Australia, in the carveout sale of its New York and New Jersey construction operations, including a portfolio of construction projects valued at over $1.8 billion, to Consigli Building Group, Inc.
Representing M&T Bank as administrative agent and lead lender for a multi-lender loan syndicate on a $425 million construction loan to borrower BLDG Orchard, an affiliate of BLDG Management, for the largest multi-family construction project in Queens, New York.
Rpresented Algin Management Co. in obtaining a $325 million loan from New York Life Insurance to refinance multiple residential properties in New York City, including properties located at 300 Mercer St., 200 E. 33rd St., 400 E. 66th St., 108 E. 96th St. and 229 W. 60th St.
Practice head

Neil Cohen; David D'Amour

Other key lawyers

Richard Fries; Ross Honig; Michael Leake; Scott Stern