Sorry for interrupting, but there is something we need to tell you...

We have updated our Cookie Policy to reflect changes in the law on cookies used on websites in Europe. This website uses cookies to maximize your experience and help us to understand how we can improve it. To find out more click here.

Cookies are text files containing small amounts of data which are downloaded to your computer, or other device, when you visit a website. Cookies allow us to recognize your computer and improve your experience on our website. Some cookies are also necessary for the technical operation of our website. Please read our Cookie Policy which provides important information about the cookies we use, how we use them and how they can be deleted. Please remember that deleting cookies may affect your experience of our website.

Show less.

Accept and hide this message
Pillsbury Pillsbury Pillsbury
Pillsbury

Press Contacts

Erik Cummins
Senior Public Relations Manager
Office: +1.415.983.1286
Matt Hyams
Senior Public Relations Manager
Office: +1.212.858.1042
Caroline Huddleston
Senior Public Relations Coordinator
Office: +1.615.622.3705

Related Professional

Related Offices

Related Practices / Industries
Press Release

PILLSBURY ADDS REAL ESTATE DEALMAKER PAUL SHAPSES IN NEW YORK Leading RE Lawyer Focuses on Complex Commercial Transactions and the Hospitality Sector

January 3, 2017

NEW YORK—Prominent real estate lawyer Paul Shapses has joined Pillsbury’s New York office. A well-known dealmaker, Shapses focuses on sophisticated commercial real estate transactions, including financings, joint ventures, acquisitions and dispositions, real estate development and leasing deals. He comes to Pillsbury from Herrick Feinstein.

Shapses joins Pillsbury as co-leader of the firm’s Hotels and Hospitality Group and is a nationally recognized leader in hotel and resort acquisition, sale and finance. He has led the financing, acquisition and workout of more than $12 billion in resort and hotel properties throughout the United States, Canada, the Bahamas, Costa Rica, Anguilla, Bermuda, the Dominican Republic, Turks and Caicos, St. Martin and Mexico. He has handled sophisticated hotel and resort matters since 1989, and in 1993 worked to establish the first securitized lending program originated by a major Wall Street investment bank devoted to the hospitality industry.

“Paul has a wealth of experience on all sides – and through every cycle—of U.S. and international real estate deals,” said Real Estate practice leader Robert Herr. “His diverse skill set and preeminent reputation make him a terrific fit for our broad and vibrant practice. His focus and standing in the hospitality industry are second to none.”

Some of Shapses’ key client relationships include commercial lenders, a prominent real estate finance and investment management firm, luxury condominium developers, hotel investment funds and owners of resort real estate. Recent transactions on which he has advised include the negotiation of a co-development joint venture agreement between a U.S. developer and its prominent Chinese counterpart; representation of the resulting borrower group in a syndicated construction financing worth more than $250 million; representation of a commercial lender in a ground lease financing for a hotel located at a Big Ten university; and representation of multiple owners of hotel assets in the acquisition, sale and related management of various hotels and resorts in the U.S. and Mexico.

“The real estate sector has always been a major focus for Pillsbury, and Paul’s impressive track record enables us to continue developing that strength while also expanding our offering to industry clients,” said Firm Chair Dave Dekker. “We are thrilled to have him join our New York team.”

Shapses added: “I advise clients around the world in a wide range of interesting and sophisticated real estate-oriented transactions. I am excited to bring my skill set to Pillsbury and believe the firm’s extraordinary global footprint will enhance the services I provide. Pillsbury’s international standing in the real estate industry together with its diverse platform present compelling opportunities to serve my clients’ expanding needs with remarkable efficiency.”

Shapses is admitted to practice in New York and has been named in the New York edition of Super Lawyers every year since 2007.

About Pillsbury

Pillsbury Winthrop Shaw Pittman LLP is a leading international law firm with offices around the world and a particular focus on the energy & natural resources, financial services, real estate & construction, and technology sectors. Recognized by Financial Times as one of the most innovative law firms, Pillsbury and its lawyers are highly regarded for their forward-thinking approach, their enthusiasm for collaborating across disciplines and their unsurpassed commercial awareness. For more information, visit www.pillsburylaw.com.

Pillsbury
Pillsbury Pillsbury Pillsbury