Paul Hastings Real Estate Practice Recognized as a Law360 Practice Group of the Year 2015
New York, NY – Paul Hastings LLP, a leading global law firm, announced today that the firm’s Real Estate practice was recognized as one of
The profile article in Law360 noted Paul Hastings’ “steady work representing major players in the market such as Starwood Capital Group and Oaktree Capital Management in a stream of big-ticket purchases and sales,” including “Starwood's $313.7 million purchase of four hotels and a residential property in London and more than $400 million in deals for Oaktree alone during the past year.” The article also mentioned several of the practice’s other noteworthy transactions, including its representation of Praedium Group in the $1.6 billion sale of 36 properties to affiliates of Blackstone Real Estate Advisors LP; its representation of Ivanhoe Cambridge in “another megadeal involving Blackstone,” a deal to purchase the Stuyvesant Town-Peter Cooper Village apartment complex in New York City from owners managed by CWCapital Asset Management LLC, which includes agreements with the City to preserve a portion of the project for affordable housing; its representation of DreamWorks Animation in the sale of its 14.7 acre campus in Glendale, California for $185 million; and its representation of salesforce.com in the sale of land in San Francisco’s Mission Bay area to the Golden State Warriors, upon which the NBA team plans to build its new arena.
Law360 selected its winners from 730 submissions, awarding firms that “came through for clients by sealing the biggest deals and securing wins in high-stakes litigation.”
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