Practice Description:
Eric Schoenfeld has extensive experience in representing clients in the acquisition, development, leasing and sale of a wide range of commercial real estate assets, including shopping centers, office and apartment buildings, warehouse and industrial facilities, and equity interests and mortgage loans.
His experience includes the regular representation of national and regional developers, and investment funds, in connection with real estate investments across the country, including structuring and negotiating sophisticated joint venture arrangements. He also represents institutional lenders and borrowers in connection with acquisition, permanent and construction financing, mezzanine financing and other debt structures.
Eric is chairman of the Firm’s Real Estate Restructuring Group, a multi-disciplinary legal team focused on providing strategic advice and effective solutions in connection with the acquisition, restructuring and disposition of distressed real estate assets.
In addition, Eric's experience includes representing nationally known retail tenants in connection with leasing transactions.
Presentations:
International Council of Shopping Centers Legal Conference
Publications:
"
Acquisition of Distressed Mortgage Debt: Beware of the Quality of the Mortgage Lien, "
reprinted from the New York Law Journal, December 10, 2008.
"
Default of Construction Loan Poses Challenges for Lender,"
reprinted from the New York Law Journal, December 10, 2008.
Significant Matters:
Represented nationally known developer in connection with acquisition, development and financing of a residential condominium and retail mixed-use project in Williamsburg, New York.
Represented several real estate private equity funds in connection with multiple joint venture real estate investments, including acquisition of an office building in Indiana, acquisition and development of multi-family housing in Florida and Georgia, acquisition of a regional mall in Buffalo, New York, acquisition of hotels in North Carolina, Utah and California, and acquisition of a portfolio of distressed mortgage loans.
Represented nationally known shopping center owner in connection with a portfolio sale of eighteen shopping centers in the northeast United States to a publicly owned REIT, on a tax deferred basis.
Represented private investor group in connection with preferred equity investment in a distressed residential and commercial condominium project in the Chelsea area of Manhattan, including restructuring of the construction loan financing and the mezzanine loan.
Represented publicly owned, international, retail tenant in connection with more than twenty lease transactions throughout the United States.