The Firm has a well-known and multi-faceted Corporate Practice, which includes Joint Ventures, Capital Markets and Financing, Corporate Governance, Credit Finance, Mergers and Acquisitions, and Private Equity.
Practice Group Leader: Patrick W. Duval
Real Estate Matters
The Firm has a leading corporate real estate practice and, among other things, is a recognized leader in handling complex joint ventures on behalf of real estate funds, REITs and other institutional owners of real estate, as well as on behalf of real estate owners, operators and developers.
Our corporate real estate expertise also includes the representation of clients in so-called “corporate real estate transactions”, i.e. corporate type transactions which have real estate as the underlying asset. This includes, by way of example, a public REIT purchasing a controlling or non-controlling interest in a real estate operating company or setting up real estate investment platforms. For example, we represented NorthStar Realty Finance Corp. in connection with the closing of a $340 million investment in RXR Realty. RXR Realty is one of the largest owners, managers, and developers in the Tri-State Area with interests in approximately $6.5 billion of assets, comprised of 108 operating properties containing approximately 20 million square feet. NorthStar’s investment includes a combination of corporate debt, preferred equity and common stock in RXR, which provides NorthStar with an approximately 30% ownership interest in RXR.
Although corporate real estate is notable for its creativity and differentiation among transactions, the practice loosely falls into the following categories, in respect of all of which we have extensive experience:
Beyond Real Estate
The attorneys in our Corporate Practice Group represent clients in a broad spectrum of complex transactions. We also have extensive experience advising our clients in connection with day-to-day legal issues that arise in their businesses.
Within the Corporate Practice Group, our work for our clients extends to multiple fronts as our clients' needs dictate, including in the following areas:
Credit Finance: Our credit finance practice is broad in scope and includes the following areas:
- secured and unsecured loans
- acquisition financing
- loan syndications
- loans workouts and debt restructuring
Our finance clients include domestic and foreign banks, commercial finance companies, insurance companies and other financial institutions.
Mergers and Acquisitions: We negotiate and manage mergers, sales and purchases of assets, subsidiaries and divisions, corporate governance matters, and related transactional and M&A advisory engagements.
Private Equity: Our attorneys have broad and deep expertise in all aspects of private equity, including the following:
- Fund structure and formation
- Fund management
- Investment transactions and negotiation
Corporate Governance: The attorneys in our Corporate Governance Practice Area assist directors, stockholders, creditors and partners to understand their rights and perform their obligations to other stakeholders in a company.