McDermott Ranks Among Top Law Firms for Handling Highest Dollar Volumes of Real Estate Sales and Loans in New York City
NEW YORK – McDermott Will & Emery ranked among the top law firms for handling both the highest volume of real estate purchase transactions and the highest volume of real estate financings in New York City, according to The Real Deal. Based on $879 million in real estate transactions and $1.4 billion in loans during the period July 1, 2017 to June 30, 2018, McDermott was one of only three law firms to place in the top ten in both categories.
“While this was our second consecutive year in the top ten based on our transactional practice, it is especially rewarding to see the success of our expanded and enhanced real estate finance practice,” said Keith Pattiz, head of the firm’s Real Estate Group. “This year we brought on a sizable number of talented real estate finance lawyers, and the benefit to the firm and our clients has been immediate.”
“Our expanding team gives us the ability to offer even broader capabilities to our clients across a range of issues and geographies,” said Jeffrey Steiner, global head of the firm’s Real Estate Finance Group. “McDermott’s real estate and finance lawyers are uniquely positioned to serve the growing needs of foreign and domestic institutional clients involved in highly sophisticated finance transactions both here in the United States and across our global platform.”
McDermott provides clients a complete service offering for their real estate acquisition, operation, leasing, financing and development needs. The team handles matters ranging from the structuring of large, complex acquisitions to development and ultimate disposition. McDermott’s real estate client base is diverse and includes developers, lenders, operators, private owners and real estate investment trusts (REITs), and landlords and tenants in all facets of office, commercial, retail and industrial leasing transactions.
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, San Francisco, Seoul, Silicon Valley and Washington, DC. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.