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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.
iStar Inc. to Sell Net-Leased Property Portfolio to Carlyle Group for Over $3 Billion
- Client News
- February 2, 2022
Paul, Weiss is advising iStar Inc. in the $3.07 billion sale of its portfolio of net-leased properties to the Carlyle Group. The portfolio includes industrial, office and entertainment properties totaling 18.3 million square feet throughout the U.S. and in Ontario. The sale is expected to close later this quarter.
The Paul, Weiss team includes, among others, real estate partners Peter Fisch and Salvatore Gogliormella; tax partner Brian Krause; corporate partners Ariel Deckelbaum, Paul Sandler and Lawrence Wee, and counsel David Harris; litigation partner Geoffrey Chepiga and counsel Steven Herzog; intellectual property partner Claudine Meredith-Goujon; environmental counsel William O’Brien; and antitrust counsel Marta Kelly.