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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 Sells Net-Leased Property Portfolio to Carlyle Group for Over $3 Billion

Paul, Weiss advised 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 Paul, Weiss team included, among others, real estate partner Salvatore Gogliormella; tax partner Brian Krause; corporate 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.


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