LONDON – 29, November 2018 – The Real Estate Sector team in the London office of global law firm Greenberg Traurig, LLP has once again grown. Partha Pal and Carol Hopper are joining the team as shareholders. Earlier this year Trevor Cosgrove joined, adding to the firm's construction capability and, more recently, Ben Eaton was added to enhance the firm's European tax offering.
“What we offer clients is a true real estate sector team: real estate-focused transactions, finance, corporate, fund formation and tax to address industry needs,” said Richard A. Rosenbaum, Greenberg Traurig's Executive Chairman. “This practice is fully synergistic with our leading real estate presence across Europe, America, Asia, Latin America and Israel, second to none.”
Both Pal and Hopper are joining from Ropes & Gray.
“For more than two decades I have been working with clients worldwide on sophisticated real estate finance transactions in both the loan and capital markets. The real estate practitioners at Greenberg Traurig understand what is required for that type of practice and clients who operate internationally. This was a key draw for me,” Pal said. Pal is a finance lawyer focusing during more than two decades on the financing of real estate assets. He has led real estate finance transactions in the UK, Germany, France, Italy, Belgium, the Netherlands, Spain, Portugal, Sweden and Finland, as well as in South Korea, PRC and Hong Kong. He is an active member of the Commercial Real Estate Finance Council in Europe having previously co-chaired a subcommittee set up to consider hedging in commercial real estate financing transactions and is currently heavily involved in its work relating to the financing of Build to Rent/Private Rented Sector assets.
“Greenberg Traurig’s award-winning team has just the right mix of expertise important to my clients – in London, Europe and on a global scale,” Hopper said. “My experience will in turn add value to the firm’s robust real estate sector practice.” Hopper has experience advising funds, investors, bank and non-bank lenders and corporate clients on a wide variety of domestic and international real estate based transactions. She has a breadth of experience acting for investors at all levels of the capital stack across the full risk spectrum and in a wide range of sectors from office, industrial, residential, hotel and leisure to infrastructure and public/private finance transactions.
Since January 2017, the firm has advanced one of its core strategies through the London office’s real estate sector growth with the addition of several highly regarded practitioners, earning the firm an additional boost to its already high profile international real estate practice. The firm’s leading real estate team in the United States has earned the Chambers USA Award of Excellence four times, most recently in 2018. In Europe, the group has been recognised as Top Tier in Legal 500 UK and Germany, as Law Firm of the Year in Real Estate in Germany by JUVE Magazine, and as the Most Innovative Law Firm of the Year 2018 in Poland by IFLR.
The Real Estate Practice at Greenberg Traurig now fields more than 160 real estate professionals outside of the U.S. covering Europe, Asia, Latin America, and the Middle East. Globally, the team is comprised of more than 400 attorneys serving clients from more than two dozen markets around the globe.
"Our strategy for the growth of this team is based not on numbers but on quality and the ability to address client’s needs in a wide range of areas, from finance to tax and beyond,” noted Real Estate Practice Co-Chairs Robert J. Ivanhoe, Corey E. Light, and Richard J. Giusto in a joint statement. “Partha and Carol have the background and reputation that meets that strategy. The fact that they have worked together further confirms their fit with our firm, where collaboration is a mainstay of the culture.”
About Greenberg Traurig's Real Estate Practice: The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive counsel for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of more than 400 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, Latin America and Asia. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.
About Greenberg Traurig: Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East. GT has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and is among the Top 20 on the 2018 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.