The real estate team at Sullivan & Worcester LLP is engaged across the market, acting in a range of deals including developments, acquisitions, dispositions, financial structurings, and private equity aspects. The practice is recognized for representing public and private REITs, successfully guiding its clients in a wide range of transactions, including REIT formations and conversions, equity offerings, as well as secured and unsecured financings. The team is led by John Steiner, as director of the real estate department; based in Boston, Steiner is experienced in all aspects of real estate law but focuses his practice on acquisitions, financings, and development work. Working alongside Steiner in Boston is Ashley Brooks, who has extensive experience in real estate development and finance work.
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Key clients
- Greystar
- Diversified Healthcare Trust
- Service Properties Trust
- Eastern Bank
- Silicon Valley Bank
- Midway Artist Collective, Inc.
- Manulife US REIT
Work highlights
Represented Greystar in connection with the acquisition, debt and equity financing, and land use matters for the second phase of a 741-unit multifamily mixed-use development in Everett and Chelsea, Massachusetts.
Resented SVC in the sales of 114 focused service hotels in the United States and Canada.
Represented Eastern Bank in providing over $25m in construction and permanent financing, including nearly $22m in tax-exempt bond financing, to support the creation of 63 new affordable rental units in the Hyde Park neighborhood of Boston, Massachusetts.
Lawyers
Practice head
Ashley Brooks; John Steiner
Other key lawyers
Karen Kepler; Sharon Leifer; Louis Monti