skip to main content

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.

Transactional Real Estate: Considerations When Severing A Master Lease

November 4, 2022

Real estate partners Peter Fisch and Salvatore Gogliormella’s latest transactional real estate column, “Considerations When Severing A Master Lease,” appeared in the November 2 issue of the New York Law Journal. The authors discuss characteristics of master leases—a structure used by a single landlord (or group of affili­ated landlords) and a single tenant (or group of affiliated tenants) to streamline the administration of a large-scale portfo­lio of properties. The authors also examine various complications that can arise when a party wants to sever the master lease into separate leases of different properties in the portfolio, which can have a meaningful impact on many of the parties’ rights and remedies and on their ability to manage and exit their investments in the portfolio.

» read the article

© 2024 Paul, Weiss, Rifkind, Wharton & Garrison LLP

Privacy Policy