Shepard Mullin Adds Real Estate Trio To New York

New York – (business wire)–Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Richard Fries, Scott Stern, and Neil Cohen have joined the firm as partners in the New York Real Estate, Energy, Land Use and Environmental Practice Group. To do. The two were most recently partners with Sidley Austin.

Fries, Stern, and Cohen are well known in the New York and domestic legal, real estate, and financial industries. They represent institutional investors, investment banks, and private equity firms in all aspects of real estate finance, regardless of property type, with a focus on construction financing, syndicated loan transactions, distressed real estate workouts and relief. increase.

John Newby, Vice Chairman of Shepherd Marine, said: “Their tremendous reputation and wealth of experience will enhance both our growing New York office and our nationwide real estate practice.”

Nancy Scurll, Real Estate, Energy, Land Use and Environmental Practice Group Leader, added: Shape and enrich the New York skyline. Their practice enhances the company’s considerable resources and strong reputation in real estate and finance. ”

Ed Tillinghast, Leader of the Finance and Bankruptcy Practice Group, said: Their expertise extends the company’s existing strengths in real estate restructuring, real estate bankruptcy, and workouts. We couldn’t be more excited to have them join us, especially at this strategic and opportunistic time. ”

Fries focuses on a wide range of complex real estate financing and workout transactions on behalf of domestic and international institutional investors, investment banks and private equity firms. He has financed all types of permanent, construction, acquisition, bridge and mezzanine loans, including agent and syndicated facilities, secured by office buildings, land development projects, healthcare complexes, hotels and mixed-use projects. , foreclosures, and restructurings. , condominiums, rental apartments, shopping centers, franchise businesses, car dealerships, and other real estate and business assets. Fries is particularly recognized for his work in notable distressed commercial real estate loan workouts and restructuring, mortgage foreclosures, distressed sales of his portfolio and assets, creditor rights and bankruptcies. Knowing the “last day” of working out defaulted loans, Fleiss has developed a unique market-leading practice that includes real estate loans, projects and lawsuits to restructure real estate businesses. Fries holds a Juris Doctor degree from New York University School of Law and a BA from his college in Brooklyn.

Stern represents institutional investors, owner-developers and other debt providers in commercial real estate loan transactions involving a variety of financing structures such as acquisition, bridging, construction and perpetual financing. Assets involved in such transactions include vacant lots, cooperative and condominium buildings, parking lots, shopping centers, mixed-use buildings, industrial warehouses, office buildings, and hotels. He has also represented lenders in mezzanine loans and other types of asset-based lending, including syndicates, agents, participating loan transactions, revolving credit facilities, swap agreements, intercreditor and co-lender agreements, Others have experience in structured finance deals. In addition to his fundraising experience, Stern represents owners and developers in real estate acquisitions, developments, financings, sales, and joint venture transactions. he got a JD and honor studentBenjamin N. Cardozo School of Law, Yeshiva University Arts and Entertainment Law Journal) and a bachelor’s degree from the University of Wisconsin.

Cohen has a particular focus on asset-based real estate lending transactions. He represents leading institutional and commercial financial institutions in mortgage transactions, including acquisition and perpetual financing, multistate and multisite portfolio financing, construction financing originations, franchise financing, mezzanine financing, loan participations and syndications. doing. Properties involved in such transactions include office buildings, multi-family homes, shopping centers, hotels and lodging facilities, industrial and warehouse facilities, condominium and co-op projects, fast food restaurants and gas stations. Cohen has also advised clients on the purchase and sale of loans and debt instruments, including loans and distressed debt, and has been conducted as single loans, multiple loans and portfolio transactions. Cohen holds a Juris Doctor degree, honorableHofstra University School of Law (he Hofstra Law Review) and his BBA, honor studentfrom Hofstra University.

About Shepard Mullins Real Estate, Energy, Land Use and Environmental Practice Group

With more than 120 attorneys, Sheppard Mullin has one of the largest, most diverse and experienced real estate, energy, land use and environmental practices of any AmLaw 100 company. We represent builders, developers, investors, lenders, owners, retailers, major landowners, nonprofits, and local agents in key markets in the United States and internationally. We leverage our extensive experience, industry connections and market knowledge to provide full-service counseling and holistic solutions to meet our clients’ needs. Our attorneys operate as a seamless team with the single goal of helping clients create value in an ever-changing environment.

About Shepard Malin Richter & Hampton LLP

Sheppard Mullin is a full-service AmLaw 100 firm with more than 1,000 attorneys in 16 offices located in the United States, Europe and Asia. Since 1927, industry-leading companies have relied on Sheppard Mullin to handle corporate and technical matters, high-profile litigation, and complex financial transactions. In the US, the company’s customers include nearly half of the Fortune 100. For more information, please visit

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *