Jones Day‘s real estate department regularly advises clients on acquisitions and dispositions, as well as borrower and lender financings, joint ventures, and fund services alongside construction and development matters. The team is engaged by a range of clients, from developers and investors to real estate funds and owner-operators, handling both single-asset and portfolio transactions relating to healthcare, hotel, industrial, multifamily, office, and retail projects. The team is led by Brian Sedlak, based in Chicago, who has a particular focus on capital-intensive transactions with real estate as the underlying asset and is well-respected in the higher education area, handling a large number of privatization matters for universities. Also in the Chicago office are Kyle Baltes and Michael Austin, both with experience in all aspects of commercial real estate transactions, and Anna Dwyer, who is experienced in working with mixed-use, retail, office, and multifamily real estate assets.
Legal 500 Editorial commentary
- Profile
- Social
Accolades
Client satisfaction
Testimonials
Collated independently by Legal 500 research team.
‘Mike Austin consistently demonstrates exceptional knowledge of our deal structures and terms.'
- 'Andrew Jeon is particularly impressive - well organized, responsive, and across all key issues.'
- 'Kyle Baltes has successfully led a number of M&A mandates for us and is recommended.’
‘Very strong partners that are an extension of my acquisition and legal team, they make the execution more seamless and less risky.’
‘Specific partners and their teammates that our firm worked with have differentiated themselves with commercial acumen that helped navigate complex deals and ultimately secure shareholder value during and often after the acquisition.’
‘Strong bench of junior/mid-level partners who understand the business very well, and are highly engaged in their matters. Jones Day Real Estate also does a great job of developing broad relationships across all levels of their client companies, not just at senior levels.'
‘Kyle Baltes (Partner - Chicago Office), Collin Waring (Partner - Dallas Office), and Anna Dwyer (Partner - Chicago Office) have an attention to detail, responsiveness, positive attitude, and strong business judgment that sets them apart from their peers, even taking into consideration the general strengths of big firms in many of those areas.’
‘Jones Day is unique in its deep understanding of not only the legal nuances of a transaction but also an expert-level consideration and appreciation for the business side of the deal. Unlike some attorneys that get stuck in the "weeds", JD seems to find ways to preserve the business intent and spirit of a deal while ensuring the legal interests of their clients are safeguarded.’
Key clients
- Invitation Homes
- Baltimore Orioles
- Wells Fargo Bank, National Association
- Henderson Park Capital Partners
- Hyatt Hotels Corporation
- International Motors, LLC (formerly Navistar, Inc.)
- Golden State Warriors
- NW1 Partners
- Mill Creek Residential Trust LLC
- Blue Flag Capital
Work highlights
- Advising Verizon Communications, Inc. in a prepaid lease transaction with Vertical Bridge REIT LLC whereby Vertical Bridge will obtain the exclusive rights to lease, operate, and manage more than 6,000 wireless communications towers across all 50 states and Washington, D.C. from subsidiaries of Verizon for a total value of approximately $3.3bn, including certain commercial benefits.
- Represents the Baltimore Orioles Limited Partnership in connection with its new lease for Oriole Park at Camden Yards, including ongoing negotiations for a long-term public-private partnership between the Orioles, Maryland Stadium Authority, and the State of Maryland for a multi-use real estate development of the approximately 10 acres of land surrounding the historic ballpark.
Lawyers
Next generation partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Brian Sedlak
Other key lawyers
Michael Austin; Andrew Jeon; Kyle Baltes; Collin Waring; Anna Dwyer; Deborah Huerta