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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

IBM Leases One Madison Avenue Office Space in Largest New NYC Lease of 2022 to Date

Paul, Weiss represented IBM in its leasing of approximately 300,000 square feet at One Madison Avenue, located on East 23rd Street across from Madison Square Park.

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Client News

Client News

The Collegiate Churches of New York Secures Dismissal of Real Estate Investor Complaint

Paul, Weiss secured the dismissal of a complaint against the Collegiate Churches of New York by a consortium of foreign real estate investors.

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Publications

Transactional Real Estate: Revised PACE Financing Guidelines: What To Know

Real estate partners Peter Fisch and Salvatore Gogliormella’s latest transactional real estate column, “Revised PACE Financing Guidelines: What To Know,” appeared in the March 30 issue of the New York Law Journal.

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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 Moderates REBNY Panel Discussion on New York City Development and Land Use

Real estate of counsel Meredith Kane chaired a panel discussion on April 7 hosted by the Real Estate Board of New York on New York City development and land use issues.

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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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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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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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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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