New York, NY (PRWEB) July 11, 2010
Founding Partner Alan J. Perlowitz announced that Alan Schacter was named to head the firm’s Commercial Real Estate and Corporate Group. As a senior member of the law firm’s commercial and corporate group, Schacter will handle commercial transactions involving the purchase, sale and financing of property and development throughout the country, including hotels, offices, multi-family housing and shopping centers. Mr. Schacter also represents financial institutions and investors in forming partnerships, corporations and other business ventures.
“Mr. Schacter adds considerable depth to our commercial real estate group,'' says Perlowitz. ''We are exciting to have him as a member of our team.”
Mr. Schacter has been focusing on commercial real estate for over 23 years. Prior to joining Chaves & Perlowitz LLP, he was a partner at several large international law firms, as well as serving as General Counsel and Executive Vice President of a national real estate company.
“I'm excited to join the firm and bring my years of experience to our clients,” says Schacter.
Chaves & Perlowitz LLP has established a strong emphasis in both residential and commercial real estate law, representing numerous lenders throughout the country. In addition, the firm currently represents many high net worth individuals in the purchase and sales of luxury co-ops, condos and townhouses.
The firm offers what large law firms can’t —high quality legal representation with an eye towards being cost efficient. “What sets us apart is our ability to offer very high quality representation at very competitive rates,” says Schacter. “We understand that the bottom line is the only one that matters to our clients. We know how to approach both sophisticated and straight forward transactions with a view toward providing value added representations.”
Perlowitz and Schacter are optimistic about the economy. “While many lenders are cautious about extending credit, we have seen signs that credit is starting to be extended into the marketplace,” says Perlowitz.
“Despite a difficult market, I’m able to work with seasoned investors who are taking advantage of the down market, says Schacter. “Now is the time where experience matters that much more. In an up market everyone can buy and make money. We lend a level of expertise that enables our clients to thrive in this market.”
For more information, visit: CHAVESPERLOWITZ.COM or call 212-791-3747.
Chaves & Perlowitz LLP is headquartered at 116 John St., Suite 319, NY, NY 10038, with their new Long Island office located at 1399 Franklin Avenue, Garden City, NY 11530.