Real Estate: Mainly Corporate & Finance
USA Guide 2024 : New York
Band 3
Email address
[email protected]Contact number
+1 212 909 6000About
Provided by Debevoise & Plimpton LLP
Debevoise has a comprehensive real estate group that handles large and complex property acquisitions and real estate investments. We represent financial institutions, PE funds, hedge funds, family offices, international investors, pension plans, corporations, investment advisors and individual entrepreneurs seeking to maximize the value of real estate holdings. We also assist clients in creating real estate funds.
We actively advise domestic and international clients in:
- Acquisitions and sales of trophy office buildings, shopping centers, apartment and other residential buildings and hotels, as well as manufacturing facilities and industrial warehouses.
- Investments in companies that own, operate and develop real property inside and outside of the U.S., through JV vehicles or as cornerstone investors in newly-formed REITs.
- Innovative financings for lenders and borrowers such as fee and leasehold mortgage loans, mezzanine loans, b-notes, participation interests, securitized real estate loans and preferred equity investments, and the purchase and sale of such loans (including non-performing loans) on the secondary market.
- Workouts and restructurings of real estate investments, both inside and outside of bankruptcy, for lenders and borrowers alike.
- Sophisticated sale-leaseback transactions and commercial leases.
Our lawyers have deep knowledge of real estate law, practice and custom throughout the United States and apply creative problem-solving to novel and complex transactions.
Chambers Review
Debevoise & Plimpton LLP demonstrates notable expertise in arranging financings for sophisticated real estate transactions. The team has particular experience negotiating complex leases, acquisitions and dispositions. It provides experienced counsel on matters involving industrial, office building and multifamily residential assets.
Work Highlights
- Debevoise & Plimpton represented Canada Pension Plan Investment Board in a joint venture with Goodman Group to develop and own industrial real estate assets across the United States.
- Debevoise & Plimpton represented J.P. Morgan Asset Management in the recapitalization of a 61-property portfolio of last-mile logistics facilities located in 20 states across the US with a valuation of approximately $1.2 billion.
Strengths
Provided by Chambers
"I always find the Debevoise team to be highly organized and well-resourced, and I am continually impressed with their ability to handle complex issues."
"When we need assistance on any complex legal matter, our first choice in Debevoise. The firm is able to handle these matters efficiently and break down a complex transaction in ways that present clear analysis and advice on the main commercial issues."
"Everyone on the Debevoise team is incredibly bright and responsive."
"They have strong market experience and are able to offer good perspective based on their deep team."
"I always find the Debevoise team to be highly organized and well-resourced, and I am continually impressed with their ability to handle complex issues."
"When we need assistance on any complex legal matter, our first choice in Debevoise. The firm is able to handle these matters efficiently and break down a complex transaction in ways that present clear analysis and advice on the main commercial issues."
"Everyone on the Debevoise team is incredibly bright and responsive."
"They have strong market experience and are able to offer good perspective based on their deep team."
Notable Practitioners
Edward Rishty is noted for his sophisticated representation of clients in a range of complex commercial real estate matters, including developments, joint ventures and sales and acquisitions.
"He is an excellent negotiator. His vast wealth of knowledge and experience means we are never surprised and constantly pushing to achieve excellence in business objectives."
"Eddie is always resourceful and responsive. He can handle multiple complex transactions and is knowledgeable on all aspects."
"He has excellent awareness of the legal documents that he reviews or writes and is able to summarize the information in a way that a business can use to make decisions."
"Edward is a highly skilled and well-respected attorney. He always brings a very high level of creativity, professionalism and knowledge to his work."
"He is a true expert in his field."
Peter Irwin chairs the firm's real estate group and regularly assists clients with high value acquisitions and sales.
"Peter has a unique ability to get into the nuances of issues and yet maintain a bigger picture perspective."
"His field of expertise spans the entire real estate spectrum."
"Peter is a pleasure to work with and is very knowledgeable at what he does. Peter has a strong guiding hand with the team and is also very commercial in terms of negotiation style."
"He is excellent at managing relationships on both sides."
Nicole Levin Mesard advises real estate firms and commercial clients on sophisticated corporate transactions. Her expertise includes joint ventures, restructuring and acquisitions.
"Her awareness of the current practices in the real estate financing and funds marketplace is truly first rate."
"She is very knowledgeable, has a ton of experience and is really good in the CMBS space."
"Not only is Nicole incredibly responsive, but she is also incredibly sharp. Her superpower is being able to give sound and practical advice that is best for the business without over lawyering a deal."