Department profile
Ballard Spahr LLP

REITs: Maryland Counsel

USA Guide 2026 : USA - Nationwide


Ballard Spahr LLP

Rankings

About

Provided by Ballard Spahr LLP

Our REITs Group has extensive experience in representing and advising public and private Maryland REITs as they navigate through often complex corporate, securities, tax, real estate, and bankruptcy law issues. Our multidisciplinary practice combines broad technical knowledge with in-depth practical experience, and includes real estate, business and finance, and tax attorneys.

  • We have represented REIT clients on matters of Maryland corporation law in hundreds of equity and debt offerings and financing transactions, and dozens of merger and acquisition transactions. ​
  • Maryland is the jurisdiction of choice for the organization of REITs, and our attorneys have been focused on this industry since the beginning.
  • We work directly with our REIT clients, but also work as corporate counsel while other firms serve as securities and tax counsel for our mutual REIT clients. We approach these engagements like we have two clients: the REIT and the firm serving as securities and tax law counsel. Our contributions, as Maryland corporation law counsel or with respect to other aspects of a transaction, are often critical to the success of a transaction.
  • Our lawyers have extensive experience representing and advising REITs as they navigate often complex corporate, securities, tax, real estate, and insolvency and life-cycle-end issues.

Our clients include a number of well-capitalized public REITs and numerous private REITs operating independently or as elements of equity fund complexes.

Chambers Review

Provided by Chambers

REITs: Maryland Counsel - USA - Nationwide

Band 2

Band 2


What the Team is Known For

Ballard Spahr is a leading Maryland firm for REITs and their general counsel, handling both corporate and capital markets transactions and challenging management issues for public REITs and private entities alike. The firm is also strong on related areas such as real estate, tax, securities and insolvency. It brings to bear nationwide resources to counsel REITs with a wide geographical reach.

Work Highlights

Provided by Chambers

  • Ballard Spahr was engaged by Agree Realty Corporation to advise on Maryland corporation law and provide legal opinions relating to their new $1.25 billion at-the-market program.

Strengths

Provided by Chambers

  • Ballard Spahr are very responsive and have great historic knowledge. They advise so many Maryland REITs that they have a great understanding on this front.

    REITs: Maryland Counsel respondentUSA
  • Ballard Spahr has deep knowledge and expertise in all kinds of matters, is able to cite what other companies are doing and is always practical in its approach.

    REITs: Maryland Counsel respondentUSA
  • From a Maryland REIT's perspective, Ballard Spahr is one of the best if not the best.

    REITs: Maryland Counsel respondentUSA

Notable Practitioners

Provided by Chambers

  • Band 1Douglas M Fox
    Band 1Douglas M Fox

    Douglas M Fox

    Douglas Fox is adept at advising clients on a range of REIT matters, including formations and securities issues. His practice sees him acting as counsel to both investors and non-traded REITs.

    • Doug is knowledgeable, responsive and commercial. He gives practical advice.

      REITs: Maryland Counsel respondentUSA
  • Band 2J. Thomas Bashore II
    Band 2J. Thomas Bashore II

    J. Thomas Bashore II

    Thomas Bashore is a go-to Maryland counsel noted for his ability to handle publicly traded REITs.

    • Tad is super knowledgeable about Maryland law, very practical and timely. He can answer questions on a whole host of different deal types.

      REITs: Maryland Counsel respondentUSA

Ranked Individuals at Ballard Spahr LLP (2)

USA - Nationwide

Members

Provided by Ballard Spahr LLP

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