New York – Paul Hastings LLP, a leading global law firm, announced today that the firm’s Real Estate practice was recognized as one of Law360’s 2014 Practice Groups of the Year, which honors firms that stand out for their preeminent work in the sector. Law360 noted that the practice worked on a “string of record-setting land deals” and “innovative deals” in 2014 “leaving its footprint on single-family, multifamily, office, retail and hotel deals across the world.” The firm’s Investigations and White Collar Defense practice was also selected as a Practice Group of the Year.
A related profile article in Law360 noted Paul Hastings’ handled “three of the largest land development deals in California since the recession, closed one of the largest single-asset securitizations, and handled billions of dollars’ worth of financing and acquisition deals.” The article mentioned several transactions that the practice worked on including the acquisition of the last single-family development along the Pacific coast; the largest redevelopment projects in San Francisco since WWII for Lennar Corporation affiliates and their partners; and one of the largest single asset securitizations of the year, a $1.4 billion commercial mortgage-backed securities loan to refinance Minnesota’s Mall of America. The piece also highlighted the practice’s work for Morgan Stanley in nearly $3 billion worth of financing deals for office, hotel, retail, and multifamily properties; and how it has been involved in some of the Bay Area’s biggest lease transactions, including a 700,000-square foot office lease, the largest in San Francisco history, for Salesforce.com Inc.
Law360 selected its winners based on the significance of the deals worked on, the size and complexity of the deals worked on, and the number of significant, large or complex deals the group worked on.
Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.