Edward S. Hershfield is an experienced, highly regarded, and innovative real estate counselor who takes great pride in getting deals done.
Ed represents clients throughout the United States in all aspects of complex real estate transactions, including acquisitions, air-rights leases, financings, restructurings, zoning and land use matters, development and permitting processes, workouts, and dispositions. His clients include national and regional real estate developers, private equity funds, investment and asset management firms, hedge funds, foreign investors, utilities and energy companies, pension fund advisors, and publicly traded and private corporations.
Ed is regularly involved in all facets of structuring real estate acquisitions, developments, financings and dispositions, including working with clients to create development and investment entities, analyze potential sites and projects, and develop and implement financing structures, including preferred equity and mezzanine loans. Ed is experienced in identifying potential value in real estate assets, developing strategies to give clients competitive advantages to acquire those assets, and then efficiently carrying out development, leasing and sales programs. He has been involved in restructuring troubled debt and has created numerous “shared appreciation” restructurings where investors, lenders and other creditors obtained equity interests and additional payments based on future property performance and sales value.
Concentrations
•Real estate acquisition and development •Land use and zoning •Energy facilities •Sports, gaming and entertainment •Finance •Leasing •Restructuring
Recognition & Leadership
Awards & Accolades
•Listed, The Best Lawyers in America, 2009-2026 •Listed, Chambers USA Guide: America’s Leading Lawyers for Business, 2016-2025 •Listed, Boston Magazine, 'Top Lawyers - Commercial Real Estate,' 2023-2025 •Team Member, a Law360 'Real Estate Practice Group of the Year,' 2023 •Listed, Massachusetts Lawyers Weekly, 'Go To Lawyers: Commercial Real Estate,' 2023 •Listed, Super Lawyers magazine, Massachusetts Super Lawyers, 2004-2015 and 2017-2022 •Team Member, Chambers & Partners USA Real Estate Law Firm of the Year, 2017-2018 and 2022 •Rated, AV Preeminent 5.0 out of 5.0