The Firm: This team receives strong market endorsement for its advice on a broad array of REIT-related transactions. It recently advised Ares Commercial Real Estate on its $142.5 million IPO. The client roster at this firm includes AIG Global Investment, The Lightstone Group and Preferred Apartment Communities.

Key Individuals: Peter Fass represented American Realty Capital Trust on its $2.7 billion IPO. His expertise in advising nontraded REITs is highly acclaimed by sources.