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Work with the Best: Real Estate

Who we are

Proskauer's Real Estate Group will provide you with the opportunity to represent major players in the full range of important and relevant matters, including financings, acquisitions, leasing, contracts and tax issues for commercial, industrial, residential, hospitality and mixed-use properties.

Our team regularly participates in the most complex and innovative transactions in the marketplace. We incorporate participation from the firm's corporate, tax, ERISA, bankruptcy, private client services, litigation and other groups as needed to address issues arising in this increasingly complex real estate marketplace.

What we do

Join the more than 75 lawyers who handle complex real estate transactions worldwide for a broad spectrum of clients, including sovereign wealth funds, institutional and specialty lenders, developers, private equity real estate funds, investment banks, pension funds, domestic and foreign investors, REITs, sports stadium owners and corporate owners of real estate.

You will have the opportunity to work in all sectors of the real estate business, including:

  • acquisitions and dispositions
  • development, leasing, management, design and construction
  • workouts and foreclosures
  • joint ventures
  • the formation of real estate funds
  • the public and private offering of debt and equity real estate securities
  • senior and mezzanine financing transactions
  • real estate litigation

On the cutting edge

We were the first major law firm in the United States to integrate document assembly technology into our leasing practice, an innovation that allows us to draft complex leases very quickly. Our lawyers have also pioneered a number of structures and techniques in real estate capital markets, including:

  • the unique "paper clip structure"
  • some of the first limited partnership tender offers
  • the creation of the initial REIT unit investment trust
  • the first non-traded, publicly offered REIT with a unique, investor-friendly structure


Our practice and team members are consistently ranked in leading publications.

  • Chambers USA: California – Real Estate; New York – Real Estate: Mainly Corporate & Finance; New York – Real Estate: Mainly Dirt; Nationwide – Real Estate; New York – Real Estate: Corporate; New York – Real Estate: Finance; Nationwide – Real Estate; Nationwide – REITs; Nationwide – Leisure & Hospitality
  • The Legal 500 United States: Real Estate; Real Estate Investment Trusts
  • US News – Best Lawyers "Best Law Firms": Real Estate Law – Nationwide and New York

Related practices

  • Lodging & Gaming
  • Real Estate Finance
  • Real Estate Capital Markets

  • Private Equity Real Estate

  • Real Estate Litigation

Key representations

AccorHotels in its $2.7 billion purchase of Fairmont Raffles Hotels International, the Toronto based parent company to the Fairmont, Raffles and Swissôtel brands. The purchase includes such legendary properties as The Savoy in London, Raffles Hotel Singapore, Fairmont San Francisco, New York’s The Plaza and Le Royal Monceau Raffles Paris.

New York REIT, Inc. (NYSE: NYRT) in its definitive agreement to acquire substantially all of the properties and the management business of JBG Companies. The combined company formed an estimated $8.4 billion enterprise value REIT. The portfolio spans over 14.5 million square feet of office, residential and retail properties across the gateway markets of New York City and Washington, D.C.

Magnificent Real Estate, a Hong Kong-listed developer, in its acquisition of six story, 408-room London Kings Cross Travelodge hotel for £70 million.

Extell Development Company in the recapitalization of its marquee Central Park Tower project, which resulted in a sale of a significant equity interest in the project to an investor affiliated with Shanghai Municipal Investment. Upon completion, Central Park Tower will stand 1,550 feet tall and will be the tallest residential building in the world. The commercial space at the base of the building will be a Nordstrom, a sale on which we also advised on behalf of Extell.

Vornado Realty Trust, one of the most prominent landlords on Fifth Avenue, in signing Victoria’s Secret to a 16-year lease at 640 Fifth Avenue. The 64,000-square-foot property will house the retailer’s flagship store.

Inland Real Estate (NYSE: IRC) in its acquisition by real estate funds managed by DRA Advisors LLC in a transaction valued at approximately $2.3 billion, including the assumption of existing debt.