Skadden, Arps, Slate, Meagher & Flom LLP has a comprehensive REIT offering, handling the full gamut of matters from M&A to restructurings and financings. The team is known for its strengths in equity and mortgage REITs, including REITs that specialize in mortgage-backed securities and mezzanine loans. The REITs tax team in particular distinguishes the firm as well as the practice’s prowess in creating new types of REITs. Co-leading the department is David Goldschmidt in New York, Palo Alto-based Gregg Noel, David Polster who leads from Chicago, and Harvey Uris who is also a part of the New York practice. Goldschmidt focuses his practice on capital markets transactions while Polster is an expert on REIT tax matters. Over in Chicago, tax specialist Sarah Beth Rizzo stands out for her capabilities in federal income tax planning for REIT transactions, spanning M&A, reorganizations and private and public securities offerings.
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Accolades

Client satisfaction

Work highlights

  • Represented apartment community owner-operator Apartment Income REIT Corp. (AIR Communities) in the capital markets aspects of its $10 billion acquisition by Blackstone Real Estate Partners X.
  • Advised GIC Pte. Ltd. in a joint venture with Centerbridge Partners, L.P., in connection with the $868 million acquisition of INDUS Realty Trust, Inc.
  • Represented real estate investment trust Rithm Capital Corp. (“Rithm”) on its $720 million acquisition of Sculptor Capital Management Inc. (“Sculptor”), a global alternative asset manager with $34 billion in assets under management.

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.

David Goldschmidt

Next generation partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Sarah Beth Rizzo

Practice head

David J. Goldschmidt; Gregg A. Noel; David Polster; Harvey R. Uris

Other key lawyers

Sarah Beth Rizzo