Blake Schulman
USA Guide 2024
Band 4 : Real Estate
Email address
[email protected]Contact number
312.476.7516Share profile
Band 4
About
Provided by Blake Schulman
Practice Areas
Blake Schulman is a partner in Levenfeld Pearlstein's Real Estate Group, where he represents institutional investors and developers in acquisitions and dispositions, financings, joint ventures, leasing, construction, and commercial real estate development. Blake has extensive experience representing clients across a broad range of asset classes, including mixed-use developments, office properties, industrial buildings, shopping centers, hotels, timeshares, manufactured housing communities, and residential buildings such as apartments, condominiums and student housing.
Blake prides himself on building long-standing relationships with his clients by providing exceptional legal advice and service, as well as collaborating on process improvement and building effective teams to meet the client’s needs.
Among some of his recent notable transactions, Blake has handled the following:
(1) Representing a REIT in the acquisition and financing of a portfolio of 12 apartment complexes across five states, and then the disposition of the apartment complexes four years later for over $700 million.
(2) Representing a real estate fund in the spin-out and roll-up of more than 20 companies holding nearly two million square feet of rentable office space, leading to the initial public offering of the common stock of a REIT on the NYSE.
(3) Representing a foreign investor in over $220 million of acquisitions of real estate assets in the U.S., including the formation of joint ventures, that enabled the investor to significantly expand its portfolio.
He has also handled more than $2.0 billion of commercial mortgage financing and more than $4.0 billion of real estate acquisitions and dispositions throughout the U.S., including dozens of REO property dispositions for multiple financial institutions.
Earlier in his career, Blake represented his clients in corporate matters related to mergers and acquisitions, private equity financings, and securities. Following law school, he served as a law clerk to the Hon. Steven M. Gold in the U.S. District Court for the Eastern District of New York.
Blake shares his knowledge of real estate law as a lecturer at the University of Michigan Ross School of Business. He has been a member of the Chicago Jewish United Fund Real Estate Division committee since 2010. Blake has been a Commissioner on the Village of Deerfield Planning Commission since 2018. He is also active in youth sports as a coach in AYSO soccer and for the Deerfield Youth Baseball Association.
Professional Memberships
Chicago Jewish United Fund Real Estate Division
Urban Land Institute
International Council of Shopping Centers
Chicago Real Estate Private Equity Network
United States Holocaust Memorial Museum
Chicago Next Generation Board Member
Village of Deerfield Plan Commission, Commissioner
Chambers Review
USA
Blake Schulman is noted for his representation of private equity clients in real estate acquisitions and dispositions.
Strengths
Provided by Chambers
"Blake is an excellent attorney who delivers top-caliber work across each aspect of complicated real estate transactions."
"Blake is an excellent attorney who delivers top-caliber work across each aspect of complicated real estate transactions."