Adler & Stachenfeld LLP

Adler & Stachenfeld LLP has almost 50 full-time real estate lawyers making it one of the largest real estate law practices in New York City. The Firm's Real Estate Practice Group handles matters across all asset classes in virtually all U.S. jurisdictions and many non-U.S. jurisdictions. These matters span almost every conceivable transaction structure, involve every level of the capital equity and debt stacks, and encompass various degrees of complexity.

Pure Play in Real Estate Law: The most critical and distinguishing characteristic of our Firm is that, unlike the major law firms, we have decided to focus on what we are best at. Accordingly, we have branded ourselves as the "Pure Play in Real Estate Law" and have focused all areas of the Firm, primarily on real estate. For example, our corporate practice focuses on corporate real estate – our litigators are real estate litigators – our tax lawyers are specialists in real estate tax – and so on. Everything at Adler & Stachenfeld is built around real estate.

Platforms, Joint Ventures, and Corporate Real Estate Expertise: Partners in the Firm are well known for our expertise in platforms, joint ventures, programmatic relationships, club transactions, recapitalizations, restructurings, and other so-called "Corporate Real Estate."Indeed this is an area in which our Firm is truly the best of the best – it is our sweetest sweet spot. Over the past 25 years, we have worked on well over 2000 different transactions, almost all of which took place in a corporate real estate type structure. Although there are no formal statistics, we suspect we are the top firm in the United States in terms of our expertise in this area.

Real Estate Finance Expertise: We regularly handle major finance transactions throughout the real estate capital stack – including everything from recapitalizing and restructuring properties, to originating first mortgage and mezzanine debt, to buying distressed debt at all levels of the capital stack, workouts, restructurings, litigations (often among creditors – e.g., tranche warfare, put-back/take-back cases), recapitalizations, etc.

Real Estate Tax Expertise: Our expertise includes all tax issues pertaining to the real estate industry, with different practitioners focusing on such critical areas as Opportunity Zones, Cross-Border Investments (in-bound and out-bound), and 1031 transactions.

High-Quality Clients, We Are Proud To Represent: Our client base includes private equity funds (of all types), sovereign wealth funds, family offices, lenders, developers, REITs, insurance companies, servicers, and other players. They include Abu Dhabi Investment Authority; Albanese Organization; Almanac Realty Investors LLC; Angelo, Gordon & Co.; Ares Management; Barings; Blackstone; Cain International; Cerberus Capital Management; CIM Group; Clarion Partners; Cross Lake Partners; Crown Acquisitions; Crunch; Dune Real Estate Partners; EQ Office (a division of Blackstone); Faropoint; Fisher Brothers; Highgate Hotels; Invesco; Island Capital; Jadian Capital; Jamestown; JDS Development; Lightstone Group; Madison Realty Capital; Montgomery Street Partners; a major life insurance company (name withheld); Olmstead Properties; Post Brothers; Reliant Real Estate Management; Revantage Corporate Services (a division of Blackstone); RXR Realty; Savanna Fund; Sculptor Capital Management; Silverstein Properties; Spitzer Engineering; Toll Brothers; Tribeca; U.S. Realty Advisors; Westcore Properties; and White Oak Real Estate Capital.

Helping our Clients Grow Their Businesses: A&S spends a great deal of time focused on its core mission, "To Help Our Clients Grow Their Businesses."This is a unique value-add that distinguishes A&S from other law firms. Instead of focusing only on providing legal services to clients, the Firm also directs its focus to what clients often need more than anything else, namely, assistance in growing their real estate businesses successfully. This includes, by way of example, helping clients find transactions, financial partners, and other counterparties.

Contact: Terri L. Adler, Managing Partner

Email: [email protected]