Michael J. Baum

Michael J. Baum

Shareholder

Michael J. Baum is Co-Chair of the firm's Chicago Real Estate Practice. He focuses his practice on domestic and cross-border real estate transactions. Michael represents clients in connection with the sponsorship, formation and implementation of U.S. and international (primary focus in Mexico and Brazil) real estate opportunity funds, joint ventures, acquisitions, developments, financings, leasing and dispositions of multi-family, industrial, office, retail and resort properties. He also represents both financial institutions and borrowers in connection with construction, mezzanine and general secured real estate financings. Recently, Michael has advised these clients in relation to loan workouts, partnership restructurings and other business reorganizations.

Concentrations

  • Real estate
  • Private equity
  • Real estate finance
  • Asset-backed financing
  • Cross-border
  • Leasing
  • Single family residential nonperforming loans
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Capabilities

Experiencia

  • Representation of a joint-venture led by MRP Realty in their acquisition of a controlling interest of the owners of a portfolio of office, retail and parking facilities in the Old City neighborhood of Center City, Philadelphia. The portfolio includes the Bourse building, a historic office and retail building which was formerly Philadelphia’s original trading floor, as well as the adjacent Bourse Garage and movie theater, and the 325 Chestnut Street and 400 Market Street office buildings.
  • Represented Walton Street Capital and its Brazilian partner, Banco BTG Pactual, in connection with the financing of the development of a regional shopping center in Sao Paolo, Brazil.
  • Represented Chicago developer in connection with acquisitions/dispositions, development and leasing of single tenant retail properties and shopping centers throughout Illinois and Florida.
  • Represented Walton Street Capital in connection with the acquisition, third-party financing, servicing and disposition of nonperforming loan portfolios, secured primarily by single family residential properties.
  • Represented Transwestern Investment Management, Inc. in connection with national asset management and leasing activities for several institutional platform domestic and foreign investors.
  • Represented consortium of Chilean and Columbian high net-worth investors in connection with the acquisition, financing, leasing and vertical subdivision of the office towers at 55 West Wacker Drive, LaSalle Wacker and 205 West Wacker Drive located in Chicago, IL, and 150 S. Rodeo Drive, 150/151 S. El Camino Drive (f/k/a William Morris Agency headquarters) located in Beverly Hills, CA.
  • Represented Walton Street Capital in connection with the formation of a joint venture with Grupo FINSA to acquire stabilized industrial portfolios and develop build-to-suit properties throughout Mexico.
  • Represented Walton Street Capital in connection with the formation of joint ventures with separate Mexican development partners and investors to develop a Fortune 50 Retailer or other “big-box” anchored retail shopping centers throughout Mexico.
  • Represented Walton Street Capital in connection with the formation of a joint venture with Mexican development partners and investors to develop luxury hotel and residential resort communities in Northern Baja, Cancun, Punta Mita, Los Cabos (El Dorado Country Club) and Puebla, Mexico.
  • Represented Walton Street Capital and its Mexican partner, Grupo Sadasi, in their acquisition of the Mexican subsidiary of Pulte Homes, Inc.
  • Represented the joint venture between Morgan Stanley Real Estate Funds and The John Buck Company in connection with the sale of (i) the Shops at Northbridge to Westfield America, Inc. and (ii) ownership interests in the American Medical Association Building located in Chicago, IL.
  • Represented The John Buck Company in connection with the acquisition, financing, development and forward-sale of the mixed-use Palomar (Kimpton) hotel and corporate housing project at 505 N. State Street in Chicago, IL.
  • Represented Mexican high net worth family’s investment in the development, financing and operation of the Hotel Americano in New York City.
  • Represented The John Hancock Center Homeowners’ Association in connection with the negotiation of material building and life-safety system repair programs with the commercial unit owner.
  • Represented Corus Bank, N.A. in connection with the origination of several billion dollars of construction loans for residential condominium, office and hotel projects located in New York City, Las Vegas, Los Angeles, Miami and other U.S. municipalities.
  • Represented The Private Bank & Trust Company in connection with the construction financing of industrial and retail properties throughout the Midwest.
  • Associate, Mayer Brown, LLP, Chicago, 2002-2005

Recognition & Leadership

  • Listed, The Best Lawyers in America, Real Estate Law, 2016-2020
  • Listed, Chambers USA Guide, "Recognised Practitioner," 2019
  • Listed, Super Lawyers magazine, Illinois Super Lawyers, "Rising Star," 2009-2017
  • Listed, Leading Lawyers Network, 2018-2019
    • "Emerging Lawyer," 2015-2017
  • Listed, Acritas Stars™ Independently Rated Lawyers, “Star Lawyers,” 2018, 2019
  • Team Member, Chambers USA Award for Excellence, Real Estate, 2010, 2013 and 2017-2018
  • Team Member, a U.S. News - Best Lawyers®, "Law Firm of the Year" in Real Estate Law, 2015
  • Team Member, a Law360 "Real Estate Practice Group of the Year," 2011-2013 and 2015
  • Team Member, The Legal 500 United States, "Top Tier" Firm in Real Estate, 2013 and 2014
  • Advisory Council, the Real Estate and Finance Center at UT Austin
  • Board Member, Digestive Health Foundation
  • Co-Chair, Crohn's and Colitis Foundation Annual Chicagoland Golf Tournament, 2012-Present
  • Co-Chair, Crohn’s and Colitis Foundation Golf Committee, 2010-2014
  • Co-Chair, "Dream Halloween" benefiting Children Affected by Aids, 2008 and 2009
  • Member, Illinois and Chicago Bar Associations
  • Member, Urban Land Institute

Credentials

Educación
  • J.D., cum laude, Loyola University Chicago School of Law, 2002
    • President, International Law Society
  • B.B.A., Finance, The University of Texas at Austin, 1999
Admitida para practicar como abogado en
  • Illinois
Languages
  • Español