
Sidley Austin LLP is recognized for its strong REITs practice, advising public and private REITs across a broad range of asset classes, including office, hospitality, healthcare, storage, and mortgage sectors. The team regularly handles M&A, capital markets offerings, formations, and complex corporate transactions. The practice is co-headed by New York-based J. Gerard (Jerry) Cummins, who brings extensive experience advising on capital markets transactions involving equity and mortgage REITs, and fellow New York-based partner Bartholomew (Bart) Sheehan III, who represents issuers and underwriters in public and private debt and equity offerings, with a particular emphasis on REITs. Also in New York, Jason Friedhoff focuses on REIT IPOs, securities offerings, fund formations, and M&A, advising issuers, underwriters, and real estate fund managers, while Edward Petrosky advises on IPOs, follow-on offerings, and debt and equity securities transactions. Washington DC-based Sonia Gupta Barros advises on corporate governance, SEC compliance, and disclosure matters affecting REITs. New York-based tax partner Christian Brause and Los Angeles-based Ivy Jones advise on REIT formations, conversions, M&A, joint ventures, and capital markets transactions.
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Key clients
- Rithm Perpetual Life Residential Trust
- Curbline Properties Corp.
- Sila Realty Trust
- Healthcare Realty Trust
- American Healthcare REIT, Inc.
- Starwood Property Trust, Inc.
- Invitation Homes Operating Partnership LP
- Angel Oak Mortgage REIT, Inc.
- PennyMac Mortgage Investment Trust
- Essential Properties Realty Trust
- 3650 Capital
- RXR Realty
Work highlights
Represented Rithm Perpetual Life Residential Trust,a privately-offered, non-traded REIT, in connection with its launch of an ongoing private offering and in connection with its 34 Act registration.
Represented Starwood Property Trust in $2.2 billion acquisition of Fundamental Income Properties from Brookfield and related $500 million common stock offering.
Represented American Healthcare REIT, Inc. (AHR), a publicly registered healthcare REIT, on approximately $2 billion of capital markets offerings.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
J. Gerard Cummins (Jerry); Bartholomew A. Sheehan, III
Other key lawyers
Jason A. Friedhoff; Edward F. Petrosky; Sonia Gupta Barros; Christian Brause; Ivy H. Jones



