REITs

They have created a family among their REIT clients; they are really great at focusing on the long-term relationship.
— Chambers USA Client Quote

Morrison & Foerster’s nationally recognized REIT practice is one of the most active in the U.S. and around the globe, and one of the only full service firms for all REIT types and their sponsors. Representing both traded and non-traded REITs, the group has a strong bench of lawyers with extensive experience in the areas of capital markets, M&A, tax, real estate, real estate financing, investment management, and corporate governance. Whether it is an initial public offering, a complicated tax issue or a transformational M&A transaction, our multidisciplinary team collaborates across practices and geographies to seamlessly deliver a full spectrum of legal services that are thoughtful and help our clients achieve their business objectives.

Our knowledge and experience make us well-established thought leaders. Visit our REIT Resource Center for the latest information and guidance pertaining to REITs.

Morrison & Foerster represents issuers, underwriters, and other real property stakeholders in connection with transactions in various property sectors, including multifamily, lodging, office, student housing, retail, industrial/logistics, healthcare, and farmland. We counsel and collaborate with public and private REITs, REIT sponsors, contributors, investors, investment banks, valuation firms, investment advisers, specialty finance companies, and lenders on a range of REIT matters, including:

Initial public offerings and follow-on offerings of debt and equity securities
REIT asset restructuring and formation transactions
Mergers and acquisitions and other strategic transactions
Tax counseling and efficient transaction structuring
UPREIT and DownREIT transactions involving the issuance of units in a REIT subsidiary to create tax efficiencies and expanded business opportunities
Corporate and property-level debt financing transactions and debt restructuring
Private placements
Liability management transactions, including tender offers and exchange offers
Ongoing corporate and securities counseling
Corporate governance, regulatory and compliance matters

We build enduring relationships with our REIT clients and work collaboratively to find innovative, pragmatic solutions to address each of our clients’ legal needs and business objectives and guide them through their business lifecycle.