That's our role – to get it done. Regardless of what side of the transaction you're on, we'll work with you to protect your interests and achieve your objectives. We consult, negotiate, document and close on the full spectrum of commercial, industrial, retail, multifamily and mixed-use real estate transactions, from simple to complex. Whether you are acquiring, leasing or developing real estate, exploring commercial real estate financing options, purchasing distressed CRE debt or entering the market for a REIT or foreign investment, we have the legal skills to handle it all. That's why builders and bankers, hoteliers and hedge funds,…
Author: Private Lending Agent
Located on a bustling downtown street, Okan Tower Miami is an iconic piece of architecture that combines Hilton Hotels & Resorts' renowned hospitality with visionary design inspired by Turkey's national flower, the tulip. One of the city's most anticipated developments, Okan Tower promises residents a striking new living experience with an exceptional suite of exclusive amenities and benefits that will redefine modern luxury living. Get to know the exquisite details of Okan Tower and explore its beautiful design, luxurious amenities, and the unique benefits of living in this architectural masterpiece. This is a new construction opportunity located in the heart…
What's your deal? Whether you're building a platform or building on a platform, we can help you be wildly successful. Our lawyers know the complex world of real estate inside and out and often become an integral part of your organization, acting as in-house counsel. We don't just focus on solo transactions, we work with you to navigate the complexities of day-to-day business. As skilled connectors, we become a source of deals for our clients, introducing them to deal opportunities and sources of equity. We have expertise in many areas of expertise. Take real estate investment trusts, for example. At…
Global sites, United States, China, Hong Kong SAR, Japan, South Korea, Singapore, Thailand, Austria, Belgium, Czech Republic, Denmark, France, Finland, Germany, Hungary, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Slovak Republic, Spain, Sweden, United KingdomHome InsightsDLA Piper's 2024 Real Estate Market StudyMay 6, 2024 • 2 min readCommercial real estate industry leaders are reporting cautious optimism for 2024, driven by expectations of stable or declining interest rates, hopes of increased investment opportunities and cautious optimism about the U.S. economy. The rise in bullish outlooks comes after two years of dramatic sentiment pendulum movements, according to DLA Piper's 2024 State…
Farmers Insurance announced that it has resumed accepting new commercial multi-peril applications in California for auto service and repair, homeowners, manufacturing, real estate and wholesale distribution insurance. The move follows the insurer group's recent decision to lift a temporary moratorium on writing new commercial auto insurance policies in the state. “Farmers have been operating in California for nearly a century, and while challenges remain, we are encouraged by the positive changes occurring in the state's commercial insurance market,” Eric Coleman, president of Business Insurance for Farmers, said in a statement. Farmers said it is working with the California Department of…
PGIM Real Estate, the real estate investment management arm of PGIM, the asset management arm of insurance company Prudential Financial, is entering the market with a global data center fund, PERE has learned. The company is seeking to raise $2 billion in capital commitments, with a final deadline of July for the value-add PGIM Real Estate Global Data Center Fund, according to an investor document from Boston Retirement Plan reviewed by PERE. If the fund reaches its target size, it will be the largest closed-end fund the firm has ever raised, according to PERE data. PGIM Real Estate declined to…
Goldman Sachs has raised its biggest capital yet for its latest real estate credit fund as rivals pull back. The Wall Street giant has raised $3.6 billion from third-party investors for the fund, known as West Street Real Estate Credit Partners IV. The bank is also investing $1.4 billion from its own balance sheet capital, Bloomberg reported. The fund will be leveraged at about $2 billion and have a total lending capacity of more than $7 billion. Goldman Sachs executives told Bloomberg that the bank has already committed to lending more than $1.8 billion. Bisnow was first to report that…
How fast is fast? Or how slow is slow?Going into the new year, the widespread expectation among economists and Wall Street was that the Federal Reserve would cut interest rates sometime in the first half of the year — maybe in March, maybe in May, but sooner rather than later.Two years after the Federal Reserve began raising interest rates to their highest levels in decades, that long-awaited moment had the potential to brighten consumer confidence, boost company valuations and improve corporate financing opportunities. It was called a “pivot party,” and everyone was invited.But after a series of better-than-expected inflation data…
High interest rates have not collapsed the financial system, caused a wave of bankruptcies, or triggered the recession that many economists feared.But for millions of low- and middle-income families, the high tax rates are a huge burden.More Americans are falling behind on credit card and auto payments, while many others are more in debt than ever before. Monthly interest payments have skyrocketed since the Federal Reserve began raising interest rates two years ago. For families already struggling with high prices, dwindling savings and slowing wage growth, the rising cost of borrowing has pushed them further into the financial quagmire.”It's crazy,”…
In a nutshellRising interest rates generally encourage people to save and avoid borrowing. The current cycle of rising interest rates is different from other periods of rising interest rates in the 21st century because of the breadth and speed of the increases. High prices either drove potential homebuyers out of the market or forced them to look at lower priced housing (if they could find it at all). Companies that use capital to run their operations were forced to cut back due to rising interest rates on bank loans and corporate bonds, but the economy remained strong, especially in the…