PHILADELPHIA – May 23, 2023 – Global law firm Greenberg Traurig, LLP Real Estate Practice Shareholders Jon S. Robins and Michael A. Suleta will co-present on structuring preferred equity investments and gaining necessary capital for development projects in a continuing legal education (CLE) course May 31 at 12 p.m.
The panel will discuss higher interest rates and increased development and operating costs, refinancing maturing debt with new mortgage loan proceeds, and raising capital. It will also discuss preferred equity as an alternative to writing, or asking investors to write, additional capital checks to close financing gaps.
This course will address issues from both the investor/lender perspective and the sponsor/borrower perspective.
CLE credit is pending for Pennsylvania and New Jersey.
- To register for the in-person program, click here.
- To register for the hybrid program, click here.
Based in the firm’s Philadelphia office, Robins focuses his practice on real estate, equity investment, and finance activities for clients in the private equity fund, hedge fund, corporate, and investor space. With more than 20 years of experience, he routinely represents conduit lenders, insurance companies, family offices, and private equity funds in matters such as restructuring and enforcement of mortgage loans, formation of joint ventures, mezzanine, and construction loans, and more. Robins also advises clients on tactics to resolve default situations and enforce remedies and regularly presents, speaks, and counsels on related topics.
Suleta, also in the Philadelphia office, represents developers, institutional investors, and lenders in connection with the acquisition, disposition, leasing, and management of multifamily, industrial, office, retail, and hotel properties. He has wide-ranging business and legal experience in a broad array of real estate and finance transactions. Suleta also is experienced in complex joint ventures, affordable housing developments, commercial leasing, distressed assets, sophisticated real estate workouts, and commercial foreclosures.
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 700 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 has more than 2650 attorneys in 45 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 250. Greenberg Traurig is Mansfield Rule 5.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.