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Michael A. Suleta, a member of the firm’s Real Estate Practice, has wide-ranging business and legal experience in a broad array of real estate activities, finance transactions, and equity investment for clients in the private equity fund, capital market, C-PACE market, institutional lender, developer, owner-operator, healthcare and skilled nursing facilities, corporate, investor, multi-family, industrial, office, retail, and hotel space.

Michael also maintains a robust real estate litigation practice, representing clients nationally in all aspects of commercial real estate, commercial lending, litigation and pre-dispute counseling, including title and lien priority issues, commercial landlord-tenant disputes, loan workouts, mortgage foreclosures, mezzanine UCC foreclosures, and eminent domain

Prior to practicing law, Michael represented numerous Fortune 500 corporations as a financial management consultant at a Big Four accounting firm.

Concentrations

  • Acquisitions and dispositions
  • Joint ventures
  • Real estate finance
  • Real estate litigation, including landlord-tenant disputes
  • Leasing
  • Affordable housing development
  • Commercial foreclosure and receivership litigation
  • Eminent domain and condemnation litigation

The attorney is providing legal services through and affiliated with Greenberg Traurig, LLP, a New York Limited Liability Partnership. Prior results do not guarantee a similar outcome.

Capabilities

Experience

  • Representation of a national lender in the largest Texas C-PACE financing transaction to date ($48,475,000) for the construction costs and expenses associated with specific energy improvements. These enhancements are to be undertaken by the property owner in conjunction with the construction of a new full-service luxury hotel in San Antonio, Texas.
  • Representation of a national lender in securing retroactive Pennsylvania Commercial Property Assessed Clean Energy (C-PACE) financing. This financing supports energy efficiency and water conservation measures installed during the construction of a mixed-use multifamily and commercial condominium in Philadelphia.
  • Representation of a national lender in facilitating $17,914,777 in C-PACE financing. This financing is designated for the implementation of energy efficiency and water conservation measures during the construction of a new 220-unit multifamily development in Philadelphia, Pennsylvania.
  • Representation of a national lender which facilitated $40,000,000 in C-PACE financing. This financing is intended for the implementation of energy efficiency and water conservation measures during the construction of a new 329-unit multifamily property with approximately 14,000 square feet of retail space in Philadelphia, Pennsylvania.
  • Representation of a national lender which executed the first C-PACE loan in Delaware. This initiative aims to fund energy-efficient upgrades for Wilmington's historic DuPont Building.
  • Representation of a leading private debt firm in a series of short-term, bridge-to-HUD financings of large scale, multi-state portfolio and single-asset transactions secured by medical office buildings, skilled nursing facilities and other health care projects throughout the United States.
  • Representation of a joint-venture in its $73 million financing and derivative transaction, including interest rate swap, for its leasehold acquisition of various health care facilities in Atlanta and Hackettstown, New Jersey.
  • Representation of a regional financial services institution in its $30 million construction financing and derivative transaction, including interest rate swap, secured by a health care facility in Holmdel, New Jersey.
  • Representation of a multifamily real estate investment firm in its acquisition financing and derivative transaction – including interest rate caps – for its acquisition and development of multifamily projects in Philadelphia.
  • Representation of a joint-venture in its acquisition of a controlling interest of the owners of a portfolio of office, retail and parking facilities in the Old City neighborhood of Philadelphia, Pennsylvania. The portfolio includes a historic office and retail building as well as the adjacent garage, movie theater and two additional office buildings;
  • Representation of a joint-venture in its refinancing of a luxury hotel in the Old Town neighborhood of Alexandria, Virginia.
  • Representation of various affordable housing developers in connection with the acquisition, development, financing and sale of projects in Illinois, North Carolina, Ohio and Pennsylvania and other states;
  • Representation of various developers and lenders in connection with the structuring, negotiation and documentation of sophisticated real estate workouts.

Recognition & Leadership

  • Team Member, a Law360 "Real Estate Practice Group of the Year," 2023
  • Team Member, Chambers & Partners USA Real Estate Law Firm of the Year, 2017-2018 and 2022
  • Listed, Super Lawyers magazine, Pennsylvania Super Lawyers, "Rising Stars," 2016-2017

A description of the selection methodology for the above awards can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

  • Member, American Bar Association
  • Member, California Bar Association
  • Member, Delaware Bar Association
  • Member, Pennsylvania Bar Association
  • Member, Philadelphia Bar Association

Credentials

Education
  • J.D., Rutgers School of Law - Camden, 2007
  • B.S., Boston College, 1999
Clerkships
  • Hon. Manuel Barbosa, U.S. Bankruptcy Court for the Northern District of Illinois, 2008-2009
  • Hon. Anthony J. Parrillo, Supreme Court of New Jersey, 2007-2008
Admissions
  • California
  • Delaware
  • New Jersey
  • Pennsylvania
  • U.S. District Court for the District of Delaware
  • U.S. District Court for the District of New Jersey
  • U.S. District Court for the Eastern District of Pennsylvania

Related Capabilities

Real Estate Real Estate Funds Blockchain & Digital Assets Real Estate Finance Institutional Investors