Real Estate: Mainly Corporate & Finance
USA Guide 2024 : New York
Band 3
Contact number
+1 212 530 5000About
Provided by Milbank LLP
Milbank’s Real Estate team advises clients on all facets of real estate in the United States for the world’s leading real estate investors and lenders. Our market leading real estate practice is headed by Chambers-ranked partners Kevin O’Shea, Erwin Dweck, Yaakov Sheinfeld, and Jonathan Karl, who are well-known for their creative, proactive approach. No matter how complicated the project or how tight the deadline, our attorneys thrive on bringing commercial awareness and technical excellence to their deals.
We advise the leading financial institutions, investment banks, private equity funds, hedge funds, pension funds, REITS and sovereign wealth funds in a wide range of real estate transactions, including complex real estate finance, acquisitions, UCC foreclosure, distressed debt workouts, and cross-border debt and equity investment into US real estate through complex joint venture, co-investment and fund structures.
We specialize in representing lenders and borrowers in mortgage loan, mezzanine loan and preferred equity originations, workouts and foreclosures; representing capital partners in joint ventures to acquire all types of commercial real estate; and representing buyers and sellers of all types of commercial real estate throughout the United States. We take a commercial approach and pride ourselves on knowing the markets and our clients’ business objectives.
Chambers Review
Milbank LLP has well-regarded practitioners offering expertise in all aspects of real estate finance. The team has extensive experience advising clients in connection with the origination, workout and acquisition of real estate-backed debt and equity structures. It also offers expertise advising on mezzanine originations, construction financings, and the structuring of CMBS risk retention acquisitions.
Work Highlights
- Milbank advised a consortium of lenders in the construction debt financing of the public-private partnership to build the $9.5 billion New Terminal One at New York's John F. Kennedy Airport.
Strengths
Provided by Chambers
"Milbank has strong commercial awareness and very strong insight into market approaches on legal issues."
"The Milbank real estate team make themselves available 24/7 to meet our needs."
"They are very up on what is going on in the CMBS market and how securitized financings work."
"The Milbank team demonstrates great attention to detail and a thorough understanding of complex structured finance."
"Milbank has strong commercial awareness and very strong insight into market approaches on legal issues."
"The Milbank real estate team make themselves available 24/7 to meet our needs."
"They are very up on what is going on in the CMBS market and how securitized financings work."
"The Milbank team demonstrates great attention to detail and a thorough understanding of complex structured finance."
Notable Practitioners
Kevin O'Shea is a highly respected practitioner frequently sought out by institutional investors to handle complex financing matters, including mezzanine loans and credit facilities.
"Kevin O'Shea is truly the master of complex real estate finance matters."
"Kevin is an industry leader. He's done and seen it all."
Erwin Dweck is an esteemed adviser to investors on an array of loan transactions, including origination, acquisition and sale of mortgage and mezzanine loans.
"He is just a fabulous lawyer with exceptional technical ability and joyful client engagement."
"Erwin is highly responsive and knows how to give good, client-focused advice."
"Erwin's advice, market knowledge, creativity, service and problem solving is a cut above."
"Erwin is an excellent real estate attorney."
Daniel Perry represents institutional clients in high value litigation arising from contract and finance-related disputes.
"He is extremely detailed and good at game theory."
"Daniel is very good. He demonstrates sound judgment, savvy and commercial awareness."
Yaakov Sheinfeld regularly assists clients on matters including loan originations and private equity investments.
"He provides great technical skill and client service."
"He is extremely sharp and good at problem solving."
"I would recommend Yaakov to anyone looking for knowledgable, efficient counsel."
Jonathan Karl represents institutional investors, including private equity funds and asset managers, in the origination, sale and purchase of structured financings. He has noted expertise in bridge, construction and mezzanine loans.
"Jon provides excellent service and advice on complex real estate finance issues. He has great rapport with opposing counsel and a commercial mindset."
"Jonathan is a true advocate for his clients: when working with him, we have the utmost confidence that our interests will be protected in a professional manner."
"Jonathan is reliable, hard-working and in general an excellent resource."
Ranked Lawyers at
Milbank LLP
New York