Welcome to the new beta version of legal500.com Visit the legacy site

North America - United States • Real estate

Morrison Foerster

More informationMore information

With experience spanning hotel, hospitality, and resort through to large-scale office mandates, Morrison Foerster’s well-rounded global real estate group advises on high-value purchase and sale transactions, often assisting on large investments, financings and joint ventures. The firm routinely assists large asset management companies and financial institutions, including JPMorgan Chase, Wells Fargo Bank, and Goldman Sachs, as well as several REITs, funds, and developers. The chair of the team is Mark Edelstein who is also known for his leading of the practice’s distressed real estate group; he is based in New York. In the same office, co-chair Jeffrey Temple has extensive experience handling multi-tiered finance transactions and credit facilities. On the West Coast, LA based co-chair, Thomas Fileti, regularly assists on transactions involving REITs, among other areas. The practice also has experience assisting on distressed assets and bankruptcies; here, New York’s Lawrence Ceriello is noted for his mezzanine debt, workout, and restructuring experience. Philip Levine is highlighted for his leading of the firm’s northern California real estate practice group in addition to his leading on several sizeable equity and debt transactions, construction loan mandates and retail lease work.

Legal 500 Editorial commentary

Key clients

  • Mori Trust
  • ING Capital LLC
  • Standard Chartered Bank
  • JPMorgan Chase
  • RH (formerly Restoration Hardware)
  • RIDA Development
  • CGI Merchant Group
  • Clarion Partners
  • Société Générale
  • Wells Fargo Bank
  • Goldman Sachs / Hines Interests
  • CIBC

Work highlights

  • Represented Mori Trust in its nearly $1 billion investment in a New York City office building known as 245 Park Avenue, consisting of a 49.9% interest in the common equity, which it acquired from SL Green at a gross asset valuation of $2 billion, and all three tranches of mezzanine debt secured indirectly by the property, which it purchased from seven different lenders.
  • Represented RIDA Development Corporation in the recapitalization and sale of its interest in the Gaylord Rockies Hotel in Aurora, Colorado, pursuant to which RIDA sold all of its interest in the $1.2 billion project to Ryman Hospitality.
  • Represented CGI Merchant Group in connection with the acquisition and financing of the Trump International Hotel in Washington DC.

Practice head

The lawyer(s) leading their teams.

Mark Edelstein, Jeffrey J. Temple, Thomas R. Fileti

Other key lawyers

Philip Levine, Alfred Williams, Tushna Gamadia, Lawrence Ceriello