Fried, Frank, Harris, Shriver & Jacobson LLP, a leading international law firm, announced the formation of a Corporate Real Estate Group to serve its national and international corporate and real estate clients. Valerie Ford Jacob, Chairperson of Fried Frank, made the announcement, together with Jonathan Mechanic, Chairman of the firm’s Real Estate Department, and Robert Schwenkel, Chairman of the firm’s Corporate Department.
“Our nationally recognized M&A, Capital Markets, Financing and Corporate Governance practice groups have always worked closely with our well-known leading Real Estate Department,” Ms. Jacob said. “Given the size and complexity of many of the corporate real estate transactions we are involved with, we believe that forming a Corporate Real Estate Group to formalize our tradition of collaboration among practice areas will enhance our ability to provide advice seamlessly to our clients in these sophisticated transactions.”
Working with partners throughout the firm, the Corporate Real Estate Group will be spearheaded by Steven Scheinfeld, a partner with 20 years experience in both corporate and real estate law. Mr. Scheinfeld has an extensive background in representing clients in the real estate business in connection with their public and private securities offerings, mergers and acquisitions, corporate governance matters, joint ventures and financing transactions.
Within the last few years, Fried Frank has represented clients in many transactions that united the skills of its corporate, real estate and tax attorneys. Among them: Rouse, in its $12.6 billion acquisition by General Growth Properties, Inc., its $223 million property swap with Crescent Real Estate Equities Co., and its $5.3 billion joint acquisition with Westfield America Trust and Simon Property Group of Rodamco North America NV; GS Capital Partners, in its $1.1 billion acquisition of National Golf Properties, Inc. and American Golf Properties; Brascan Corporation, in its proposed acquisition of Canary Wharf; Kimco Realty Corporation, in its acquisition, together with Lazard Realty, of Konover Property Trust; the Rechler family, in its acquisition of Reckson’s industrial real estate portfolio; Goldman Sachs, as financial advisor in many public REIT M&A transactions; various lenders and borrowers, including several NYSE REITs, in many of their significant real estate mezzanine loan transactions; numerous real estate investors and developers in their joint venture acquisitions and developments; active investors in real estate limited partnership tender offers; and sponsors and managers of several real estate opportunity funds.
“Fried Frank has always had a stellar national reputation for its M&A, Capital Markets, Financing and Corporate Governance practices.” Mr. Scheinfeld said. “By formalizing our tradition of collaboration, we are able to combine the strengths of these practices with one of the most highly regarded Real Estate Departments in the country to continue to serve our clients efficiently and comprehensively.”
“Just as real estate plays an integral role in today’s business world, complex issues of M&A, capital markets and corporate governance play a significant role in the business of real estate,” Mr. Mechanic said. “The coordination and amalgamation of these multiple disciplines in Fried Frank’s Corporate Real Estate Group serve to better assist our clients in achieving their goals.”