DEPARTMENT PROFILE

Blank Rome LLP

Real Estate

4 ranked lawyersBand 2PennsylvaniaUSA 2020 View ranking table
DEPARTMENT PROFILE

Blank Rome LLP

Real Estate

4 ranked lawyersBand 2PennsylvaniaUSA 2020 View ranking table
chambers review
department information
ranked lawyers
chambers review
department information
ranked lawyers

Chambers Review

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What the team is known for

Excellent team that excels across the full range of real estate matters and is particularly highly regarded for its formidable strength in complex financings. Acts for an impressive list of leading owners, developers and REITs. Expertise covers real estate assets in the healthcare and hospitality sector. Possesses strong capabilities in zoning and land use issues and is also regularly called upon for its expertise in restructuring work and tax assessment matters. Extensive experience assisting clients with multifamily residential transactions.

Work highlights

Represented Toll Brothers in a project to develop residential multifamily housing projects in New York and Texas. The team advised on the negotiation of joint venture agreements, development agreements and property management agreements.

Notable practitioners

Matthew Comisky specializes in negotiating agreements relating to real estate transactions and refinancing loans, as well as working on matters relating to real estate investment trusts.

Pelayo Coll covers the full range of real estate transactions including acquisitions, mortgage loans and real estate development. He is considered by sources to be "very smart and intelligent." A peer says: "He is a terrific lawyer to do a deal with, he is effective and practical."

Peter Kelsen has a strong profile in the zoning and land use market. He acts for developers and municipal agencies in sophisticated real estate matters.

Philip Rosenfeldt represents real estate developers in land use and zoning matters as well as acquisitions and leases.

Department Information

This content is provided by Blank Rome LLP.

Overview

Our full-service team advises on acquisitions, development, construction, leasing, restructuring, financing of real estate projects, and multi-property and portfolio deals, in all asset classes, including office, healthcare, medical office, retail and lifestyle, industrial, multi-family, and hospitality. Most deals in the $100-$250 million range, but each year some are worth several hundreds of millions, up to $1 billion+.

We have successfully obtained zoning, subdivision, and land development approvals on most important region-shaping projects.

Our finance practice has close relationships with key banks and lenders that finance real estate deals in Pennsylvania. Our work spans middle-market, single-property secured loans to large-scale, multiple-property/multi-state credit facilities.  

Our multi-family deals are typically sales and purchases of rented apartment complexes for private tenants backed by Fannie Mae and Freddie Mac, and we are familiar with the issues involved.

We lead multiple multi-property, multi-state portfolio acquisitions and dispositions on a yearly basis.

Our related real estate tax assessment practice has secured tax-liability reductions for virtually every major office building in Philadelphia.

Our experience representing private and publicly traded REITs in mergers, acquisitions, dispositions, privatizations, joint ventures, and financings has led to our work on a handful of multibillion-dollar publicly traded REIT transactions recently.

Real Estate Department

Blank Rome LLP

firm
Department location

One Logan Square

130 North 18th Street

Philadelphia

Pennsylvania

USA

PA 19103-6998

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Ranked Lawyers

This content is provided by Chambers based on our research. Learn more about our methodology.

Pennsylvania

Real Estate


Matthew Comisky
Band 4
Pelayo Coll
Band 4
Philip Rosenfeldt
Band 4

Real Estate: Zoning/Land Use


Peter Foster Kelsen
Band 1