December 4, 2006 (Los Angeles, CA) - Proskauer Rose LLP, an international law firm with over 700 lawyers worldwide, is pleased to announce that D. Eric Remensperger has joined the firm as a partner and head of the firm's West Coast Real Estate Department based in Los Angeles. Mr. Remensperger represents lenders, private equity funds, public and private companies and other clients in virtually all types of real estate transactions.
"The expertise Eric brings will be a key component of our continuing emergence as one of the preeminent transactional practices in Southern California and will contribute to the overall growth of the firm's transactional and real estate practices," said Allen I. Fagin, chair of Proskauer.
Added Lawrence Lipson, partner and chair of Proskauer's Real Estate Department, "Eric's presence on the West Coast and his stature in the real estate industry represent a critical enhancement of our national and international real estate practice."
Mr. Remensperger joins Proskauer from Gibson, Dunn & Crutcher LLP, where he was a partner in the firm's Real Estate Department. He is admitted to practice in New York and California and has handled a wide range of real estate transactions, including asset purchases and dispositions, secured and mezzanine financings, credit enhancements, sale-leaseback transactions, leveraged lease transactions, synthetic leases, real estate investment trusts, construction and development projects, workouts and debt restructurings, tax-exempt bond financings, the formation of investment vehicles and joint ventures, limited partnerships, limited liability companies and other equity/participation arrangements, securitized debt transactions, project finance and commercial leases.
A frequent panelist and speaker, Mr. Remensperger has also been active in the New York and Los Angeles Bar associations and currently sits on the Executive Committee for the Real Property Law Section of the Los Angeles County Bar Association. He received his law degree from Brooklyn Law School and his Bachelor of Arts degree from Manhattanville College.
Mr. Remensperger joins a robust and growing national real estate practice at Proskauer, which also recently added Andrew Robins as a partner in the Boca Raton office, representing owners, operators and developers of hotels, resorts and community developments throughout the United States, Latin America, and the Caribbean. In Los Angeles, Mr. Remensperger joins a preeminent corporate transactional practice that simultaneously announced the addition of Raj Tanden, a partner specializing in domestic and international tax matters, including extensive REIT experience. Earlier this year the firm also added to its L.A. office Fred Bernstein, a partner who focuses on a broad spectrum of activities relating to the creation and financing of entertainment content.
Proskauer's depth of experience in real estate capital markets transactions renders the firm uniquely qualified to assist issuers, underwriters, lenders and investors in evaluating opportunities and in structuring and executing capital and finance transactions involving real estate companies and funds. The firm's ever-expanding real estate capital markets and finance clients include public real estate companies and REITs, underwriters of real estate securities, institutional lenders, real estate opportunity funds, pension advisors and hedge funds. Proskauer regularly represents real estate capital markets clients in all stages of investment - growth capital, mature private equity, public debt and equity, management buyouts, and other leveraged acquisitions and recapitalizations of successful and less successful companies, and other special situations. The firm also regularly represents its finance clients in both senior and mezzanine positions as well as secured and unsecured positions.
The Los Angeles office of Proskauer Rose delivers a full range of sophisticated legal services on matters arising in California, throughout the country and abroad. Drawing on the breadth of the firm's expertise, the office accesses the resources of over 700 attorneys throughout the firm's eight offices to provide the highest quality legal services to clients in the most efficient manner.