Real Estate Investment Trusts

Stroock’s Corporate, Tax and Real Estate attorneys and provide a full range of services for our clients in the REIT (Real Estate Investment Trusts) market.  This includes the whole life cycle of a REIT, from formation and operations, to major acquisitions and dispositions.  Our attorneys have a comprehensive understanding of the myriad of tax provisions which impact on the formation and operation of a REIT.  Real Estate Investment Trusts, written by two Stroock  partners, is considered by many to be the industry standard.

Our REIT practice includes:

• Formation of public and private REITs and UPREITs;
  
• Initial public offerings (IPO), including representation of both issuers and underwriters;
  
• Public and private offerings of debt and equity securities, including preferred securities;
  
• Acquisitions, mergers and joint ventures;
  
• Secured and unsecured loan financings;
  
• Filings with the Securities and Exchange Commission;
  
• Continuous representation in the tax, corporate and real estate areas; and
  
• Representation of REITs in transactions outside the U.S.

• Public and private REITs of all sizes;
  
• REITs involved in different industries, including:
  • Outlet shopping centers;
  • Retail malls;
  • Mortgage REITs;
  • Residential property; and
  • Healthcare.

• Chelsea Property Group in its creation, its $290 million IPO and in all major financings and transactions, including Chelsea’s $5 billion merger with Simon Property Group;
  
• Somera Capital Management in the acquisition of a diversified portfolio consisting of 47 properties with an original cost of over $1 billion; and
  
• Cedar Shopping Centers in asset acquisitions.