NEW YORK (PRWEB) May 12, 2016
Global law firm Greenberg Traurig LLP’s Real Estate Practice earned a first place ranking on the Leading Real Estate Law Firms for 2016 list by Commercial Property Executive (CPE). CPE’s annual law firm ranking is a weighted formula based on a variety of factors, including revenue and revenue growth, the number of offices and lawyers dedicated to the sector, the growth of the real estate practice, and the size and nature of its top deals. This year’s rankings will be published in the May 2016 issue of CPE and Multi-Housing News (MHN).
“We are proud to receive this recognition as a leader in the real estate industry,” said Robert J. Ivanhoe, chair of the firm’s Global Real Estate Practice. “Our robust team of first-rate attorneys continues to achieve the highest standard of excellence when handling complex real estate legal issues.”
CPE highlighted Greenberg Traurig’s nearly 300 real estate lawyers around the globe across 35 offices and an impressive roster of notable deals handled by the Greenberg Traurig team in 2015 alone. The publication noted the firm’s signature deal in its representation of Albertson’s in connection with the $9 billion leveraged buyout of the Safeway grocery store chain, which closed in January 2015.
“To be named the No. 1 real estate law firm in the nation by Commercial Property Executive is not only an honor, it’s also a testament to our hardworking team of real estate attorneys who are motivated and committed to delivering quality service to our clients,” said Corey E. Light, co-chair of the Global Real Estate Practice.
Additionally, Greenberg Traurig’s real estate attorneys were involved in the second largest office building transaction ever; one of the largest hotel sales in real estate history; the highest price per room for a hotel sale in the United States; one of the highest per key hotel transactions in Florida history; and the largest acquisition of a United States office tower outside of New York. Outside of the United States, in Warsaw, the firm added two leading real estate teams, 12 new attorneys, in Central Europe to its existing group. The Berlin office also added an award-winning real estate team of nearly 40 attorneys, doubling the firm’s real estate group in Europe.
Greenberg Traurig’s Real Estate Practice has received several accolades, including: 2015 Law Firm of the Year – Real Estate Law, U.S. News – Best Lawyers; 2013 and 2010 Award for Excellence in Real Estate, Chambers & Partners; 2015-2013 Listed as "Top-Tier" in Real Estate, The Legal 500 United States; and 2015, 2013, 2012, and 2011 Real Estate Practice Group of the Year, Law360.
About Greenberg Traurig's Real Estate Practice
The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive legal solutions for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of nearly 300 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.
About Greenberg Traurig, LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 1,900 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East. The firm is No. 1 on the 2015 Law360 Most Charitable Firms list, third largest in the U.S. on the 2015 Law360 400, Top 20 on the 2015 Am Law Global 100, and among the 2015 BTI Brand Elite. More information at: http://www.gtlaw.com.