is a partner resident in Fried Frank's New York office and a member of the Firm's Real Estate Department.
Mr. Lifschitz counsels financial institutions, owners, developers, and domestic and offshore investors in a broad range of highly-complex commercial real estate transactions, including representing both borrowers and lenders in connection with mortgage, mezzanine, and construction financings, preferred equity investments, and portfolio loans. He also represents clients in acquisitions and dispositions and in joint ventures relating to the development of commercial and residential properties.
His diverse list of clients includes RXR Realty, The Blackstone Group, Brookfield, The Children's Investment Fund, J.P. Morgan, and Starwood Property Trust.
Mr. Lifschitz was recognized in Real Estate Weekly's
2018 list of Rising Stars in Real Estate.
Recent representations include:
- RXR Realty in connection with the following:
- The acquisition and financing of the one-million-square-foot building located at 32 Old Slip in New York City.
- US$200 million loan from Morgan Stanley to finance its acquisition of an office condo interest at 530 Fifth Avenue.
- Refinancing and equity recapitalization of 61 Broadway, a 33-story, 787,000-square-foot office tower in lower Manhattan.
- US$463 million, to affiliates of Extell Development Company, to finance the construction and development of three residential and mixed use properties in Manhattan—555 Tenth Avenue, 500 East 14th Street and One Manhattan Square.
- Brookfield Asset Management in connection with its US$714 million refinancing of a portion of the Putnam Portfolio consisting of five multifamily buildings in Upper Manhattan owned in a joint venture with Urban America.
- Brookfield Property Partners in connection with its US$1.15 billion financing of the office portion of 5 Manhattan West from a syndicate of mortgage lenders.
- Blackstone in connection with its US$300 million mortgage loan to an affiliate of Extell Development Company in connection with Extell's acquisition and development of the property known as Central Park Tower, where Extell is constructing Manhattan's first Nordstrom department store, and a residential tower intended to be one of the tallest residential buildings in the Western Hemisphere.
- The Children's Investment Fund in its US$239 million construction financing to a joint venture of Alcion Ventures and Genton Property Group in connection with the development of the Four Seasons Private Residences Los Angeles in Beverly Hills, CA.
- J.P. Morgan in connection with the following:
- As lead lender, in the origination and syndication of a US$900 million construction loan to affiliates of Extell Development for the development of Central Park Tower in New York, NY.
- US$600 million mortgage and mezzanine financing relating to The Astor on West 75th Street in New York, NY; 88 and 90 Lexington Avenue, New York, NY; and The Metro on 53rd Street in New York, NY.
- Starwood Property Trust in its US$262 million construction loan for the development of more than 300 single family homes on a 195 acre site along the coast of the Pacific Ocean known as Marblehead in San Clemente, CA.
Bar Admissions/Licensed Jurisdictions
New York; New Jersey