Martin Luskin maintains a national reputation for counseling clients in complex commercial real estate transactions, including mergers and leveraged buy-outs. Mr. Luskin represents a wide range of clients, including real estate investment trusts, real estate advisors, financial institutions, developers, and universities with respect to:
· acquisitions and privatizations of publicly traded REITs
· sales and acquisitions of premier office buildings, shopping centers, and apartment complexes around the country
· joint ventures, partnerships, and limited liability companies
· commercial leases for retail, office, and warehouse space
· financing of multi-state portfolio transactions, including those involving securitized mortgages, loan syndications and mezzanine debt
Mr. Luskin serves as Chair of the Firm's Real Estate and Financial Services Department where he oversees 120 attorneys within five practice groups in eight cities. He also serves on the Firm's Executive Committee.
Mr. Luskin is often called upon by the media to comment on high profile matters of interest to the real estate community. Lectures include: Negotiation of the Documents Before the Closing, IMN Summit on Real Estate M&A, Private Equity & REIT Privatization, Anatomy of a Real Estate Deal for Lorman Education Services, and Real Estate Issues Related to Expansion of Facilities for The Institute for International Research. Mr. Luskin authored Real Estate Construction Financing: The Pitfalls of the Tri-Party Agreement, for The Real Estate Finance Journal.
Chambers USA recognizes Mr. Luskin as a "knowledgeable and responsive attorney with a wide-ranging real estate practice. Clients agree that "he knows how to compromise and provides thorough legal reviews.' " He has received the highest possible rating from Martindale-Hubbell.
Mr. Luskin was born in Havana, Cuba, and is fluent in Spanish.
Representative Matters
· Sale to Kimco Realty Corporation, a publicly-traded REIT, of 85% interest in an $825 million retail portfolio consisting of 21 shopping center properties located in seven states.
· $1.8 billion term loan and $250 million credit facility amendment to extend a senior secured credit facility on behalf of Capital Automotive LLC, the nation's leading specialty finance company for automotive retail real estate.
· Acquisition and financing of Worldwide Plaza, a 47 story Class A building in New York City in a joint venture sponsored by George Comfort & Sons, Inc.
· $3.4 billion acquisition of Capital Automotive REIT, the nation's leading specialty finance company for automotive retail real estate, involving 400 properties in 31 states.
· $1.7 billion credit facility comprised of a $1.5 billion term loan and a $200 million revolving line of credit on behalf of Capital Automotive L.P.
· $1.7 billion purchase, by DRA Advisors LLC, of a portfolio comprised of 25,684 apartment homes in 86 communities located in 10 states.
· $1.7 billion acquisition of CRT Properties, Inc., a publicly traded office REIT, by a fund consisting of clients advised by DRA Advisors LLC, involving more than 100 buildings.
· $1.1 billion acquisition of a publicly-traded retail REIT by PL Retail LLC, a joint venture consisting of clients advised by DRA Advisors LLC and Kimco Realty Corporation, involving more than 30 shopping centers.
· $571.5 million purchase by REIT of 27 properties consisting of 6,294 units located throughout North Carolina, South Carolina, Tennessee, and Georgia.
· $231 million disposition of two Class A trophy office towers in Fort Lauderdale, Florida by DRA Advisors and its joint venture partner Colonial Properties Trust.
Community Service & Affiliations
Mr. Luskin currently serves as treasurer of the Executive Board of the Men's Division of the Albert Einstein College of Medicine. He was recently honored as the recipient of the 2010 Humanitarian Award given by the Men's Division of the Albert Einstein College of Medicine for his outstanding commitment to the organization. He also serves on the board of Harbor Island Conservancy and he provides pro bono legal services to Art Start, Inc.
Memberships
International Council of Shopping Centers
National Association of Real Estate Investment Trusts
New Jersey State Bar Association
New York County Bar Association
New York State Bar Association
Events
REAL ESTATE FINANCE CONFERENCE
[Event]
Blank Rome LLP
The Chrysler Building
405 Lexington Avenue
New York, NY
October 20, 2011
Andrew B. Eckstein, Michael J. Feinman, Joseph T. Gulant, Carol M. Joseph, Martin Luskin and Samuel M. Walker
STRUCTURING, MANAGING & DISSOLVING JOINT VENTURES
[Event]
IMN's 12th Annual US Real Estate Opportunity & Private Fund Investing Forum
Sheraton New York Hotel and Towers, New York City
June 1-2, 2011
Martin Luskin
MARTY LUSKIN AND SAM WALKER SPEAK AT WEBINAR ON LOAN DEFAULTS & MORTGAGES
[Event]
ExecSense Webinar
April 6, 2010
Martin Luskin and Samuel M. Walker
MARTIN LUSKIN PRESENTS TO THE NYSSCPA REAL ESTATE COMMITTEE
[Event]
December 1, 2009
Martin Luskin
BLANK ROME HOSTS ATTORNEYS-OF-COLOR FORUM RETREAT
[Event]
Baltimore, Maryland
May 15-16, 2008
Alan J. Hoffman, Nathaniel R. Jones, Martin Luskin and Hardy Vieux
DEAL-MAKERS & DEAL-BREAKERS
[Event]
Capital Roundtable MasterCast™
March 25, 2008
Martin Luskin
REIT PRIVATIZATION AND PUBLIC-TO-PRIVATE TRANSACTIONS: WILL THE REIT PRIVATIZATION TREND CONTINUE?
[Event]
IMN Summit on Real Estate M&A, Private Equity & REIT Privatization
New York City
September 20, 2007
Martin Luskin
Publications
RECENT REIT INITIAL PUBLIC OFFERINGS
[Alert]
Real Estate Update
July 2010 (No. 4)
Martin Luskin
TRUMP V. DEUTSCHE BANK: DOES THE CREDIT CRISIS CONSTITUTE A FORCE MAJEURE EVENT?
[Alert]
Real Estate Update
March 2009 (No. 1)
Pelayo Coll, Stuart D. Kaplan, Martin Luskin, Philip R. Rosenfeldt and Samuel M. Walker
LOAN DOCUMENTS: LATE CHARGES ON BALLOON PAYMENTS
[Alert]
Real Estate Update
March 2009 (No. 1)
Pelayo Coll, Stuart D. Kaplan, Martin Luskin, Philip R. Rosenfeldt and Samuel M. Walker
HOW SECURE IS YOUR SECURITY DEPOSIT? CERTAIN STANDBY LETTERS OF CREDIT MAY NO LONGER BE HONORED BY THE FDIC
[Alert]
Real Estate Update
March 2009 (No. 1)
Pelayo Coll, Stuart D. Kaplan, Martin Luskin, Philip R. Rosenfeldt and Samuel M. Walker
GREEN BUILDING CERTIFICATION - 2009 REVISIONS TO THE LEED CERTIFICATION PROGRAM
[Alert]
Real Estate Update
March 2009 (No. 1)
Pelayo Coll, Stuart D. Kaplan, Martin Luskin, Philip R. Rosenfeldt and Samuel M. Walker
News
MARTIN LUSKIN HONORED BY ALBERT EINSTEIN COLLEGE OF MEDICINE WITH 2010 HUMANITARIAN AWARD
[Press Release]
July 1, 2010
Martin Luskin
MARTIN LUSKIN IS A GUEST ON THE STOLER REPORT
[Media Coverage]
April 14, 2009
Martin Luskin
LUSKIN LEADS THE CHARGE FOR BR REAL ESTATE LAWYERS
[Media Coverage]
June 25, 2008
Martin Luskin
PROJECT STALL
[Media Coverage]
April 27, 2008
Martin Luskin
MERGER TO CREATE MANHATTAN'S LARGEST OFFICE LANDLORD
[Media Coverage]
September 1, 2006
Martin Luskin
SOUR RECEPTION FOR NET LEASE REIT MERGER
[Media Coverage]
July 25, 2006
Martin Luskin
$3.4 BILLION MERGER CITED IN NEW YORK LAW JOURNAL
[Media Coverage]
September 15, 2005
Martin Luskin, Rustin I. Paul, Steven A. Shoumer, Emanuel J. Adler, Arthur Bachman, Barry Friedman, et al.
Cases and Deals
BLANK ROME REPRESENTS GEORGE COMFORT & SONS IN LEASE TO WNET
[Deal]
October 27, 2010
Martin Luskin and Corey Tarzik
Blank Rome represented George Comfort & Sons Inc., the landlord, in a lease agreement with WNET for the public broadcaster's new headquarters at 825 Eighth Ave., known as Worldwide Plaza.
BLANK ROME REPRESENTS DRA IN TWO OF THE LARGEST REAL ESTATE DEALS IN 4Q 2009
[Deal]
January 21, 2010
Martin Luskin, Samantha Wallack and Kim Li Khutorsky
Blank Rome Represents DRA in Two of the Largest Real Estate Deals in 4Q 2009
BLANK ROME INVOLVED IN SALE OF INTEREST OF FAMOUS NEW YORK CITY OFFICE BUILDING
[Deal]
January 13, 2010
Martin Luskin, Samantha Wallack, Daniel J. Ivler, Michael C. Graziano, Erin O'Brien Harkiewicz, Joseph T. Gulant, et al.
Blank Rome Involved in Sale of Interest of Famous New York City Office Building
BLANK ROME CLOSES SIGNIFICANT TRANSACTION FOR DRA ADVISORS
[Deal]
December 2, 2009
Martin Luskin, Samuel M. Walker, Samantha Wallack, Emanuel J. Adler, David Brier, Joseph T. Gulant, et al.
DRA Advisors in redeeming the interest of Colonial Properties, a publicly traded REIT, from an existing joint venture and simultaneously conveying to Colonial a class-A office property located in Atlanta.
BLANK ROME HANDLES RETAIL PORTFOLIO SALE TO KIMCO REALTY
[Deal]
November 6, 2009
Martin Luskin, Samantha Wallack, Samuel M. Walker, Emanuel J. Adler, Joseph T. Gulant, Daniel J. Ivler, et al.
DRA Advisors LLC in the sale of its 85% interest in PL Retail LLC to Kimco Realty Corporation, a publicly-traded REIT.
BLANK ROME HANDLES ONE OF THE LARGEST SINGLE-PROPERTY TRANSACTIONS IN 2008
[Deal]
January 7, 2009
Martin Luskin and C. Vincent Leon-Guerrero
Broadway Partners, a private real estate investment and management firm, in its $181 million sale of a Washington, DC, office building to a REIT.
DRA ADVISORS PURCHASES APARTMENT PORTFOLIO FOR $1.7 BILLION
[Deal]
March 3, 2008
Martin Luskin, Joseph T. Gulant, Daniel J. Ivler, C. Vincent Leon-Guerrero, Samuel M. Walker, Dayna C. Finkelstein, et al.
DRA Advisors in its joint venture purchase of 86 apartment communities from UDR, Inc., for $1.7 billion.
DRA ADVISORS ACQUIRES 29 PROPERTIES FOR $245 MILLION
[Deal]
December 20, 2007
Martin Luskin, G. Craig Lord, Pelayo Coll, Barry Friedman, Samuel M. Walker, David M. Kuchinos, et al.
DRA Advisors LLC in its joint venture acquisition with Brandywine Realty Trust of 29 properties valued at $245 million.
BLANK ROME HANDLES ONE OF LARGEST OFFICE BUILDING SALES IN Q3 2007
[Deal]
October 3, 2007
Martin Luskin and Samantha Wallack
DRA Advisors and its joint venture partner Colonial Properties Trust in the disposition of a pair of trophy class-A office towers in Ft. Lauderdale, Florida, to BentleyForbes.
GEORGE COMFORT & SONS ACQUIRES SUBURBAN NEW YORK OFFICE BUILDING
[Deal]
September 6, 2007
Martin Luskin, Barry E. Sweet and Pelayo Coll
George Comfort & Sons, Inc., in the negotiation of a joint venture with O'Connor Capital to acquire a class "A" suburban New York office building for $166 million.
DRA ADVISORS PURCHASES PROPERTIES FOR $571 MILLION
[Deal]
September 4, 2007
Martin Luskin, Samuel M. Walker, Samantha Wallack and Robyn Neff
DRA Advisors in the purchase of 27 properties, located throughout North Carolina, South Carolina, Tennessee, and Georgia, from Steven D. Bell & Co., for $571 million.
BLANK ROME HANDLES ONE OF LARGEST RETAIL PROPERTY TRANSACTIONS IN 2007
[Deal]
August 10, 2007
Martin Luskin, Michael Pollack, David M. Kuchinos, Brian Michael Fogarty, Peter Foster Kelsen and Adam E. Laver
DRA Advisors in sale of Ardmore, Pennsylvania's historic Suburban Square shopping center to Kimco Realty.
BLANK ROME HANDLES ONE OF LARGEST OFFICE BUILDING SALES IN Q1 2007
[Deal]
April 11, 2007
Martin Luskin, Daniel J. Ivler and Dayna C. Finkelstein
DRA Advisors receives $153.4 million for Raleigh, North Carolina's Wachovia Capitol Center.
BLANK ROME DEAL LISTED AS ONE OF "TOP MULTI-FAMILY TRANSACTIONS IN 2006"
[Deal]
February 21, 2007
Martin Luskin, Marc S. Stein, Joseph T. Gulant, David Brier and Corey Tarzik
DRA Advisors LLC purchased an 85% stake in a nine-property portfolio from Camden Property Trust.
BLANK ROME HANDLES ONE OF LARGEST SHOPPING CENTER SALES IN 2006
[Deal]
January 10, 2007
Martin Luskin, David Brier and Samantha Wallack
DRA Advisors in its sale of retail property to Miller Capital for $134.3 million.
$1.7 BILLION OFFICE REIT ACQUISITION
[Deal]
September 27, 2005
Arthur Bachman, David Brier, Joseph T. Gulant, Daniel J. Ivler, Martin Luskin and Lawrence R. Wiseman
Fund obtains 137 office buildings throughout U.S.
DRA ADVISORS ACQUIRES CAPITAL AUTOMOTIVE REIT FOR $3.4 BILLION
[Deal]
September 12, 2005
Martin Luskin, Emanuel J. Adler, Arthur Bachman, Karen L. Corliss, Barry Friedman, Joseph T. Gulant, et al.
DRA Advisors LLC in its acquisition of Capital Automotive REIT for $3.4 billion.
$1.1 BILLION SHOPPING CENTER ACQUISITION
[Deal]
December 20, 2004
Emanuel J. Adler, Thomas E. Biron, Harris N. Cogan, Joseph T. Gulant, Daniel J. Ivler, G. Craig Lord, et al.
An investments fund's merger with a publicly-traded REIT with 35 shopping centers valued above $1 billion, with financing of more than $500 million.
Recognition
CHAMBERS USA 2011 RECOGNIZES MORE BLANK ROME ATTORNEYS AND PRACTICES
[Ranking]
June 10, 2011
Thomas H. Belknap, Jr., Thomas E. Biron, Fred Blume, Kevin J. Bruno, David W. Carickhoff, Sara L. Chenetz, et al.
BLANK ROME DEAL RANKED AMONG "TOP MANHATTAN OFFICE LEASE" AGREEMENTS
[Ranking]
February 14, 2011
Martin Luskin and Corey Tarzik
CHAMBERS USA 2010 RECOGNIZES MORE BLANK ROME ATTORNEYS AND PRACTICES
[Ranking]
June 11, 2010
Thomas H. Belknap, Jr., Thomas E. Biron, Fred Blume, Ernest W. Chung, Scott F. Cooper, Steven Dubow, et al.
ONE OF THE LARGEST U.S. OFFICE BUILDING TRANSACTIONS OF 2008
[Ranking]
January 7, 2009
C. Vincent Leon-Guerrero and Martin Luskin
$1.7 BILLION DEAL RANKED LARGEST MULTIFAMILY REAL ESTATE TRANSACTION OF FIRST-HALF OF 2008
[Ranking]
August 6, 2008
Martin Luskin, Joseph T. Gulant, Daniel J. Ivler, C. Vincent Leon-Guerrero, Samuel M. Walker, Dayna C. Finkelstein, et al.
NEW YORK SUMMER ASSOCIATES PROGRAM RANKED 2ND BY AM LAW
[Ranking]
December 14, 2006
Peter Schnur, Richard DiStefano, Harris N. Cogan, Andrew B. Eckstein, Joseph T. Gulant, Stuart D. Kaplan, et al.