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Real Estate

In a market experiencing unprecedented change, parties involved in high-stakes real estate deals need a steady, trusted hand to guide them. The Paul, Weiss Real Estate Practice leverages a history of executing every kind of real estate property transaction and unparalleled business and legal acumen to help the most complex projects succeed amid volatile economic conditions.

Client News

American Finance Trust to Acquire Multi-State Portfolio for $1.3 Billion

Paul, Weiss is advising American Finance Trust, Inc., a publicly traded REIT managed by AR Global, in the purchase of 81 multi-tenant properties throughout the United States from certain subsidiaries of CIM Group for approximately $1.3 billion, $53 million of which will be paid to the seller in equity consideration.

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Events

Meredith Kane To Participate in PLI Panel on Repurposing Real Estate

Real estate of counsel Meredith Kane will participate in a panel, “Hot Topics: Repurposing Underperforming or Obsolete Real Estate,” as part of the Practising Law Institute’s 23rd Annual Commercial Real Estate Institute.

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Awards & Recognition

Harris Freidus Named Law360 MVP in Real Estate

Real estate partner Harris Freidus was honored with a Law360 2020 MVP Award in the Real Estate category.

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Publications

Transactional Real Estate: Eligibility for Leasehold Tax Exemption Extended to Foreign Governments

Real estate partner Salvatore Gogliormella and counsel Barry Langman’s transactional real estate column, “Eligibility for Leasehold Tax Exemption Extended to Foreign Governments,” appeared in the August 11 issue of the New York Law Journal.

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Awards & Recognition

Peter Borock Wins Cornerstone Award for Affordable Housing Pro Bono Work

Real estate associate Peter Borock will be recognized with Lawyers Alliance’s Cornerstone Award.

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Client News

Tricon Residential Forms New Single-Family Home Joint Venture

Paul, Weiss advised Tricon Residential Inc. in the formation of a new joint venture with Pacific Life Insurance Company and a leading global investor to acquire newly built single-family rental homes targeting the middle-market demographic in the U.S. Sun Belt.

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Client News

Blue Sky Real Estate Acquires Dignity Health Facility

Paul, Weiss advised Blue Sky Real Estate Services and Development in its acquisition and financing of Dignity Health’s 99,000-square-foot specialty care facility on the Mercy San Juan Hospital campus in Carmichael, California.

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Events

Paul, Weiss and Black Connect Provide Real Estate Guidance to Black Business Owners

Paul, Weiss hosted a webinar for Black business owners in collaboration with Black Connect, the only national membership nonprofit organization dedicated solely to eliminating America’s racial wealth gap by increasing the number and success rate of Black-owned businesses.

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Publications

Transactional Real Estate: Challenges to Rights of First Refusal in New York Courts

Real estate partners Salvatore Gogliormella and Peter Fisch’s latest transactional real estate column, “Challenges to Rights of First Refusal in New York Courts,” appeared in the February 10 issue of the New York Law Journal.

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Client News

CIM Group Acquires Multifamily Complex for $506 Million

Paul, Weiss advised certain funds sponsored by CIM Group, LLC and multiple third-party co-investors in the acquisition of five multifamily towers in Alexandria, Virginia for an aggregate purchase price of $506 million.

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Client News

Stanley Martin to Acquire Avex Homes Assets and Operations

Paul, Weiss is advising Reston, Virginia-based new construction home builder Stanley Martin Homes, LLC in its acquisition of all the homebuilding assets and operations of Avex Homes in Central Florida.

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Publications

Meredith Kane Contributes U.S. Chapter in The Real Estate Law Review

Of counsel Meredith Kane wrote the “United States” chapter in the latest edition of The Real Estate Law Review, an international legal reference publication covering real estate developments in 33 countries.

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Client News

Simon Property Group to Acquire Majority Stake in Taubman Centers for $3.6 Billion

Paul, Weiss is advising Simon Property Group in its acquisition of an 80% ownership interest in The Taubman Realty Group.

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Client News

Tricon Residential Forms New $5 Billion Single-Family Home Joint Venture

Paul, Weiss advised Tricon Residential Inc. in the formation of a joint venture with Teacher Retirement System of Texas, Pacific Life Insurance Company and a leading global investor to acquire single-family rental homes targeting the middle-market demographic in the U.S. Sun Belt.

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