Law360 has recognized Morrison & Foerster’s Real Estate Group as a 2019 Practice Group of the Year, highlighting the team’s extensive experience and continued success in the area.
This year, the group represented clients including Wells Fargo, Bank of America, Citigroup, JPMorgan, SoftBank, GLP, Fortress Investment Group, Angelo Gordon, TIAA/Nuveen, and RIDA Development Corporation in major deals around the globe. This included representing lenders in the financings of major developments in New York City, including 30 and 50 Hudson Yards, One Columbus Circle (f.k.a. Time Warner Center), One Vanderbilt (adjacent to Grand Central Station), and One Fifty One (the 1.8 million square-foot 42nd Street Tower, f.k.a. 4 Times Square/the Condé Nast Building). The group was also involved in high-profile equity-side transactions and investments, including the groundbreaking $2.5 billion TSX Broadway project. The team is also representing SoftBank in real estate matters in connection with its agreement to provide significant funding to WeWork, and lawyers in Morrison & Foerster’s Asia offices advised client GLP, the leading global provider of modern logistics facilities and technology-led solutions, on its establishment of the largest-ever Japan-focused logistics private real estate fund.
In an era in which the real estate industry has become increasingly global and oriented toward capital markets, Morrison & Foerster is able to provide clients with exceptional legal representation, notwithstanding the location, size, staffing needs, or time constraints of any transaction. Consistently ranked top tier by Chambers and Partners, as well as Legal 500, the Real Estate Group is called upon to lead complex equity investments, financings, restructurings, recapitalizations, asset acquisitions and dispositions, joint ventures, and leasing and asset management matters.
Recognized by Law360 as a 2019 Real Estate MVP, Global Real Estate Group chair Mark Edelstein is committed to expanding the Morrison & Foerster Real Estate Group’s footprint to further meet clients’ cross-border needs. Thomas Tether, former general counsel of Lendlease Americas, joined the group in October, becoming the sixth recent senior real estate industry lawyer addition to the firm. Other additions include REIT partners Alice Connaughton and Heath Linsky in Washington, D.C. and Atlanta, respectively; Private Equity Real Estate partners Oliver s’Jacob and Luke Mines in London; and Real Estate of counsel John Davie in New York.