Since its inception in 1937, the firm has maintained an active and ever-expanding real estate transactions practice involving, over such time and through today, nearly every major sector of the real estate industry, including residential, office, retail, industrial, hotel, affordable housing, health care, and mixed use real estate projects. The attorneys practicing in this area are primarily of partner level, thus providing the many years of experience, expertise and sophistication necessary to professionally and efficiently manage and consummate transaction of various sizes and complexities, all at billable rates which are more customary for junior associates in other competing real estate practices.
In connection with such practice, the Firm represents buyers, sellers, investors, developers, owner/operators, asset managers, and other parties whose business involves the acquisition, development, financing, servicing leasing and sale of real estate. This practice involves projects which are local, national and international in scope, and which involve both domestic and foreign developers and investors, including apartment and condominium projects, shopping centers, office buildings and industrial and business parks. Our attorneys work closely with Firm attorneys of other sub-specialties and in other practice areas to professionally address the other corollary aspects of the transactions they are involved in, including land use and zoning, environmental concerns, entity formation and organization and income tax planning. Moreover, because of the many years of experience of the Firm attorneys in the commercial real estate market through various cycles of the economy, our attorneys have also developed substantial experience in the restructuring and workout of debt and equity transactions and with respect to the restructuring of troubled assets, problem loans, and distressed institutions and companies.
The Firm’s commercial real estate practice group also maintains a substantial practice involving the representation of banks, financial institutions and other private money lender and private equity groups, as well as of borrowers, in connection with construction loans, bridge loans, term loans, permanent loans, revolving lines of credit, mezzanine financing, joint ventures, debt instruments convertible to equity ownership, and forms of credit arrangements and financing secured by real estate.