North America - United States • Real estate

Fried, Frank, Harris, Shriver & Jacobson LLP

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Fried, Frank, Harris, Shriver & Jacobson LLP separates its offering into real estate finance and corporate real estate practices, enabling the firm to give specialized advice to clients on transactions within both spheres. On the real estate finance side, the team represents borrowers and lenders in development projects. The practice is historically known for its borrower-side practice but is also strong in lender-side representation. The corporate real estate practice handles joint ventures, preferred equity transactions, acquisitions and dispositions involving real estate owners and operators as well as portfolio transactions and restructurings. The team has been particularly active in representing clients in complex joint ventures, while the real estate finance team  has assisted with a number of large loans, including mortgage loans, mezzanine loans, and construction financing. The corporate real estate practice is led by Fiona Kelly and Lee Parks, while Michael Barker and Michael Vines lead the real estate finance group. Barker and Vines are both real estate specialists, representing clients in commercial real estate finance matters such as origination of commercial loans for capital markets, syndicate, and balance sheet lenders as well as on other key finance transactions. Real estate specialist Kelly focuses on high-value corporate real estate transactions and joint venture acquisitions and dispositions of interests in real estate portfolios and private real estate companies. Steven Rudgayzer is well-versed in complex joint venture transactions, Patrick Dowd handles joint venture agreements for investment in commercial real estate largely representing private equity funds, and Kabaye Liku represents lenders and institutional investors in origination and restructuring of mortgage and mezzanine loans for capital markets. Suzanne Decker left the firm in June 2023. All lawyers mentioned are in New York.

Legal 500 Editorial commentary

Key clients

  • RXR
  • GFP Real Estate

Abbreviated data is displayed for this firm.

Work highlights

  • Advising RXR on several matters including (i) its joint venture and lease for the $4.2 billion development of a new world-class international terminal at the John F. Kennedy Airport, and (ii) its joint venture with TF Cornerstone for the $5 billion redevelopment of the Grand Hyatt New York.
  • Representing China-based Dajia Insurance Group in its $1.8 billion financing for a portfolio of nine luxury hotels.

Abbreviated data is displayed for this firm.