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In a market weathering unprecedented change, companies involved in high-stakes real estate deals need a steady, trusted hand to guide them. They also need counsel who can help them find new solutions for tough new challenges. The Paul, Weiss Real Estate Department offers clients the best of both worlds. Our long history of executing every kind of deal touching real property and our business and legal savvy help the most complex real estate projects succeed in fluctuating economic conditions.

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. Blue Sky’s acquisition of the property allows for a restructuring of Dignity Health’s leasehold to lower occupancy costs and create new benefits and improved outcomes for the health care system. Terms of the transaction were not disclosed.

Blue Sky Real Estate acquires, builds, finances and operates facilities for and on behalf of mission-driven organizations to deliver optimal cost savings and solutions.

The Paul, Weiss team included real estate partners Meredith Kane and Peter Fisch, and counsel Barry Langman; environmental counsel William O’Brien; and employee benefits counsel Reuven Falik.

November 2, 2020

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