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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.
Lightstone Completes Acquisition of Multifamily Portfolio
- Client News
- December 1, 2021
Paul, Weiss advised real estate investment company Lightstone Group in its acquisition of a multifamily portfolio in the Detroit area from Hartman & Tyner. Paul, Weiss also advised New York City-based Lightstone Group in the financing and refinancing of both this acquisition and an existing portfolio with loans from Goldman Sachs and Citibank, and with 15 separate loans from PGIM Real Estate slated for sale to Freddie Mac.
The Paul, Weiss team included real estate partners Peter Fisch and Salvatore Gogliormella; executive compensation partners Jarrett Hoffman and Jean McLoughlin and counsel Jake Glazeski; tax partner Brian Krause; litigation partner Gregory Laufer; environmental counsel William O'Brien; and antitrust counsel Marta Kelly.