Book June 2023
Pillsbury’s real estate transactional practice — among the largest in the U.S. — comprises lawyers highly experienced in acquisitions and dispositions of individual properties and major multi-property portfolios in all 50 states. We have structured many of these transactions as contributions in exchange for partnership units in REIT operating partnerships. Our lawyers have also represented REIT clients and private investment funds in billions of dollars of securitized rated debt transactions, as well as complicated mezzanine loan transactions and more traditional real estate ﬁnancings.
Further, clients rely on our nationally recognized Tax group’s considerable experience in devising business structures to solve a variety of REIT tax issues. We provide essential advice on all types of REIT transactions, including UpREITs, DownREITs and other pass-through entities utilized by REITs and their operations, and have advised on innovative client transactions, such as REIT conversions and the formation of the ﬁrst REIT “paper clip” entity.
The ﬁrm’s clients include Fortune 500 companies and emerging businesses, as well as governmental entities and nonproﬁt organizations. We represent the following REITs and real estate companies, among others: