One of the go-to Maryland counsel for REITs, the Ballard Spahr LLP team is experienced in advising both public and private REITs on corporate, securities, tax, real estate, and bankruptcy matters. Douglas Fox is knowledgeable in corporate, securities, and business law relating to REITs and frequently advises boards of directors and special committees on capital raising, corporate governance, and M&A. Charles Moran is sought after for his extensive experience representing public and private entities in corporate governance and corporate law matters. Craig Ganz regularly handles M&A transactions for buyers and sellers, while Wendi Kotzen is an integral team member. J. Thomas Bashore II focuses on entity formation, corporate governance, securities offerings, and advises REITs, funds, and related entities on Maryland law.
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Key clients
- Agree Realty Corporation
- City Office REIT, Inc.
- Four Corners Property Trust, Inc.
- Granite Point Mortgage Trust, Inc.
- SL Green Realty Corp.
- Phillips Edison & Company, Inc.
- Kilroy Realty Corporation
- Healthpeak Properties, Inc.
- Broadstone Net Lease Inc.
- Two Harbors Investment Corp.
- STORE Capital
Work highlights
Advised Agree Realty Corporation as corporate counsel on a series of capital markets transactions, including a $1.25 billion at-the-market equity offering program, two registered forward equity offerings totaling approximately $666 million, a $625 million commercial paper program, and a $400 million underwritten public offering of notes, also acting as multi-state counsel on the latter.
Advised Four Corners Property Trust on Maryland corporation law matters, providing legal opinions in connection with a $500 million at-the-market equity offering program and a revolving credit and term loan facility with JPMorgan Chase Bank as administrative agent, comprising a $350 million revolving credit facility, a $590 million term loan facility, and an accordion feature allowing for up to $450 million in additional commitments.
Served as corporate counsel to Kilroy Realty Corporation since its 1998 IPO, advising on corporate law matters and providing legal opinions in connection with a new universal shelf registration statement, a $400 million underwritten public offering of senior notes guaranteed by KRC, and a $500 million at-the-market equity offering program.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Douglas Fox; Charles Moran; Craig Ganz; Wendi Kotzen
Other key lawyers
J. Thomas Bashore II