Headquartered in Hackensack, the real estate team at Cole Schotz P.C. is recognized for its experience in complex sales, acquisitions, developments, and financings on behalf of investors, contractors, landlords, and tenants in the food and beverage, hospitality, and retail industries. The real estate team is led by Richard Abramson in Hackensack, who has extensive experience in REITs and the financing of commercial, retail, and industrial assets, and by Leo Leyva in New York, who handles real estate transactions on behalf of lenders, owners, and developers. Other key partners include deputy chair Rab Nalavala in New York, who advises investment banks, private equity sponsors, REITs, and developers on real estate development and joint ventures, and lead of the dirt-side real estate practice, Jordan Metzger in New York, who advises on ground–up developments and capital structures of mixed-use, industrial, and retail projects.
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Key clients
- Invictus Real Estate
- Lightstone Capital
- G4 Capital Partners
- Knighthead Funding
- 60 Guilders
- The Continuum Group
Work highlights
Represented Prime Storage Group in a CMBS financing with Citigroup Funding Inc. and Goldman Sachs Mortgage Company of a 34-property portfolio of self-storage and mixed-use properties comprising approximately 3.9 million SF located in 14 states and one US territory, the US Virgin Islands.
Represented Major League Baseball (MLB) in connection with the relocation of its MLB Networks headquarters and production facility from Secaucus to downtown Elmwood Park, New Jersey. The team obtained all required land use approvals and advised MLB throughout the redevelopment process for its long-term occupancy of the former Marcal Paper site.
Represented 60 Guilders, LLC in a joint venture with Sentry Realty LLC, acquired an interest in a luxury multifamily residential building, which included 581 market-rate residential units and approximately 14,000 square feet of retail space.
Practice head
Richard Abramson; Leo Leyva; Rab Nalavala; Jordon Metzger