Real Estate

The experience of our Real Estate Practice spans 40 years of delivering multidisciplinary legal solutions for property investment, development and management, as well as real estate finance. We draw upon the knowledge of nearly 300 real estate lawyers, and the resources that GT’s global organization has to offer. We seek to provide clients with integrated legal services for all phases of a project and most stages of business. Our client base comprises a broad range of property developers, lenders, investment managers, opportunity funds, Real Estate Investment Trusts (REITs), and private owners. We advise clients on a variety of matters involving diverse forms of commercial, recreational and residential real estate.

In 2013 and 2010, the GT Real Estate team received the Chambers USA Award for Excellence. The Chambers award honors outstanding law firms and legal professionals around the world that reflect both pre-eminence in key practice areas and achievements over the last 12 months, including notable work, strategic growth, excellence in client service, and contribution to the legal profession. Additional recognition received by our team:

  • 2016, Top Real Estate Law Firm, Commercial Property Executive (CPE)
  • 2016 immobilienmanager Award, Advisory Category, Immobilien Manager Verlag
  • 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
  • 2015, 2013, 2012 and 2011 Real Estate Practice Group of the Year, Law360
  • 2013 Hospitality Practice Group of the Year, Law360
  • 2014, 2013 and 2012 Real Estate Law Firm of the Year - North America, DealMakers
  • 2012 and 2011 Real Estate Law Firm of the Year - North America, Lawyers World Law Awards
  • 2016 - 2007 Shortlisted, Award for Excellence in Real Estate, Chambers & Partners
  • 2011 USA Award for Real Estate and Environment, International Legal Alliance Summit
  • Ranked, Real Estate Law Firm of the Year, 2010 PERE Global Awards
  • Garnered the most first-tier rankings 2010 – 2015, U.S. News-Best Lawyers® “Best Law Firms” report

Key Areas of Counsel and Service

  • Joint ventures, partnerships and equity investments
  • Real estate finance and capital investments
  • Commercial leasing and retail
  • Land development and planning
  • International development and cross border transactions
  • Hospitality development, resorts and clubs
  • Community Development
  • Condominiums

Key Property Sectors

  • Apartments, planned communities and residential subdivisions
  • Condominiums, cooperatives and conversions: residential, commercial, mixed-use
  • Hotels, resorts, golf and vacation clubs
  • Offices: urban and suburban
  • Industrial: distribution facilities, factories and warehouses
  • Retail and shopping centers
  • Recreational amenities: country club, golf course, marina and ski facilities
  • Specialty developments: reclamation and brownfields redevelopment
  • Research and development facilities
  • Undeveloped land

Real Estate Brochures

  • Real Estate Overview
  • Real Estate Funds
  • International Real Estate
  • Hospitality
  • Central and Eastern Europe Real Estate
  • Club Membership
  • Club Owner Exit Strategies
  • Community & Resort Infrastructure
  • Community Development in the New Economy
  • Conservation Easements
  • Cottage Rentals
  • Founder Programs
  • Fractional Timeshare
  • Patron Programs
  • Property Association & Club Combinations
  • Property Tax Protests and Appeals
  • Re-Entitling Projects
  • Repositioning Golf Courses
  • Retail

Joint Ventures, Partnerships and Equity Investments

We counsel institutional investors, opportunity funds, private investors, REITs, and owners on most aspects of real estate investment. In addition to advising on the outright purchase and sale of property assets, we structure multifaceted relationships between parties for the ownership or development of real estate, including joint ventures, limited liability companies and subsidiary entities.

We have experience with most types of property assets in the commercial, residential, industrial and hospitality sectors and regularly perform the due diligence and negotiation of asset transfer. We have executed many divestment transactions including the sale and leaseback of assets and tax-deferred like-kind property exchanges. Whether you are a small-business client selling a free-standing property, or a REIT selling an entire multi-state property portfolio, we can help you attain certainty of execution and a thoughtfully integrated deal.

  • Real Estate Investment Trusts (REITs)

Real Estate Finance and Capital Markets

We have a thorough understanding of the capital markets, underwriting, and financing vehicles including products offered by balance sheet and conduit lenders. We have broad experience in secured lending for major financial institutions as well as opportunistic investors and have advised on first-mortgage term loans, mezzanine and permanent financings, participating loans, construction loan facilities, conduit lending programs, securitized financings and syndicated credit facilities.

We have the capacity to perform significant due diligence review and document production with transactional speed and efficiency. Our lawyers have a wide range of experience with tax exempt bond financings and have significant experience with related credit enhancement and substitution of collateral transactions.

Private Equity Real Estate

Greenberg Traurig provides advice on fund transactions from the earliest structuring discussions through to capitalization, term sheet negotiations, due diligence, the private offering process and final closing procedures. We also provide guidance on matters pertaining to investor relations and marketing strategy.

  • Real Estate Funds

Commercial Leasing and Retail

We advise on commercial, industrial and retail leasing matters for both landlords and tenants. Among the clients we represent are urban office and retail developers, pension funds, insurance companies, retailers, property managers and REITs, as well as owners of several Manhattan office buildings. Our experience includes negotiating most types of operating leases, build-to-suit leases, ground leases and subleases for free-standing and pad sites, as well as related easement agreements. In addition, our multi-disciplinary approach to business makes us well-suited to counsel our clients on complex disputes, if needed.

  • Real Estate Operations (REOPS)
  • Retail

Land Development and Planning

Our experience with land development and subdivision matters includes representation on planned unit developments, recreational communities, retirement communities, condominiums, community development districts (CDDs), developments of regional impact (DRIs), and resort infrastructure developments. Greenberg Traurig lawyers have served as General Counsel to homebuilders in several states and have business experience within the homebuilding industry. Several members of our team have years of municipal and government experience and bring hands-on working knowledge of state and local ordinances, regulations and statutes.

We represent clients in matters pertaining to entitlements, securing related development agreements and approvals from state land departments, counties, and municipalities. We also assist in structuring and documenting various forms of public infrastructure and joint development agreements to finance and construct horizontal and vertical improvements, and school and other public-use site donation and related agreements. In addition, we negotiate complex interlocking agreements among state agencies, counties, municipalities, private utility companies and multiple private properties in order to put together comprehensive development plans, and advise on construction issues that include compliance with competitive bidding requirements and alternative methods of construction.

Community Development

We have broad experience with residential subdivision matters and mixed-use development, including planned unit developments, planned recreational communities, large and small mixed-use projects, new towns, condominiums, community development districts, resort infrastructure development and the relationship of such projects to related amenities such as schools, retail, golf courses, marinas, water features, environmental preserves, sports arenas and related attractions.

Key Capabilities

  • Design and documentation of various types of common interests such as fee and leasehold undivided interests and multi-tiered use rights
  • Private agreements, including covenants, conditions and restrictions, reciprocal easements, sharing of recreational amenities among related and unrelated subdivided projects, and planning, zoning and land use regulations
  • Creation, operation and control, and turnover of owners associations
  • Design, documentation and operation of condominium-hotel projects, golf course-condominium or planned community projects, and hotel and resort projects with commercial and retail elements, as well as urban hotel and resort-oriented mixed-use projects
  • Real estate sales regulation, including state and federal land sales regulations, along with similar laws regulating camp resorts and mobile home parks

Property Owners’ Associations and Association Clubs

We regularly help clients develop governance structures that work well with the community plan, as well as the long-range planning and operational needs of the developer and the residents, including considerations for environmental stewardship and self-sustainability. We assist clients in creating master and neighborhood associations in planned residential and mixed-use projects, in order to provide for the efficient and productive development of the project. In some cases, developers may benefit from the use of an association club membership program, in which the association owns and operates amenities such as golf courses, clubhouses and tennis and swim facilities. Our attorneys have broad experience in advising developers whether an association club structure would be beneficial for their residential communities, and in designing association clubs for those that would benefit.

Our services with respect to community associations include:

  • Design and structuring of property owners’ associations
  • Determination as to whether sub-associations are necessary or desirable
  • Advice with respect to the ownership and operation of amenities in the community
  • Planning of operational aspects of the property owners’ association
  • Counsel regarding turnover of control of the association, including strategic planning

Interstate Land Sales Disclosure Acts

We have broad experience with the federal Interstate Land Sales Disclosure Act (ILSDA), as well as the individual state land sales acts and regulations, and the associated advertising and registration requirements that apply under the federal and state acts. We efficiently evaluate the spectrum of requirements and restrictions that apply to a particular project and design and implement an effective sales and marketing program that complies with the multitude of federal and state laws. We prepare detailed public offering statements under ILSDA and applicable state laws, and the application and implementation of available exemptions, according to jurisdiction. We also assist clients in training and monitoring sales staff to manage the risk associated with Internet and other marketing initiatives within the structure of a meaningful legal sales and marketing campaign.

Hospitality Development, Resorts and Clubs

We advise clients on virtually every aspect of hospitality acquisition, development and conversion including investment structuring, financing, and construction, as well as the negotiation and documentation of management and services agreements between the owner and operator for hotel properties, condominium hotels, convention center hotels, and destination resorts, including specialty golf, ski and marina developments.

We help structure flexible, well-considered management arrangements and advise on appropriate relationships between various project components. Our team has led industry initiatives in agreements related to traditional hospitality properties, as well as fractional and private residence club projects, including innovative membership club structures which provide for revenue enhancement programs in under-utilized recreational amenities. We also provide counsel on the structure of rental programs and advise on regulatory compliance for matters related to sales, licensing and advertising.

  • Hospitality


Greenberg Traurig’s Real Estate Practice includes attorneys with broad capabilities in the areas of condominium law and condominium conversions. We have a wide range of experience representing developers, owners, condo hotel operators, licensors and lenders in connection with realizing new condominium projects from the ground-up, as well as with acquisitions, dispositions and conversions of condominium, condo-hotel, commercial condo and mixed-use properties in the United States and throughout the world. We have advised on the structuring of significant landmark condominium conversions such as The Plaza hotel in New York City and The Flamingo South Beach in Miami.

Some of our largest projects have involved multiple commercial, residential and condominium-hotel associations within the same property. We are knowledgeable about securities laws that may apply to condominium offerings and regularly advise on such matters.

International Development and Cross-Border Transactions

We have one of the largest dedicated cross-border practices in the U.S. and have broad experience in virtually all aspects of Latin American and Mexican cross-border transactions. We are primary outside counsel to companies doing business in Latin America and have been lead counsel on dedicated Latin America funds with some of the largest U.S. pension funds as investors. We have acquired several million square feet of industrial space on behalf of our clients and have been involved in structuring joint venture investments for various hospitality, retail and housing ventures.

Our European capabilities are driven by our Amsterdam, Berlin, London and Warsaw offices, as well as our strategic alliance partner, Studio Santa Maria in Milan.

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Peer Reviews

  • 4.8/5.0 (1007)
  • Legal Knowledge

  • Analytical Capability

  • Judgment

  • Communication

  • Legal Experience


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Client Reviews

  • 4.6/5.0 (28)
  • 96% (27)
  • Communication

  • Responsiveness

  • Quality of Service

  • Value for Money


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At Greenberg Traurig, we are committed to diversity and inclusion in the workplace. The individual attorneys at Greenberg Traurig are committed to nurturing diversity throughout the firm and creating an environment where differences are embraced and utilized creatively.

For us, diversity is about taking action - opening doors for lawyers.

That commitment is reflected by the fact that overall, 40 percent of Greenberg Traurig's attorneys worldwide are women or minorities as defined by the American Bar Association. As of Dec. 31, 2014, our U.S. employees, including attorneys and staff, who met the definition of minority persons reflected a total of 29 percent of our employment base. Approximately 32 percent of our U.S. attorneys and 52 percent of our U.S. employees are women.

Greenberg Traurig's commitment to diversity and inclusion goes beyond any single committee. Committees cannot nurture; they cannot mentor; they cannot create an environment where differences are embraced and utilized creatively. Committees do not lead. Our diverse attorneys however, can and do.

* We welcome and reflect the communities we represent better than any other major law firm in our markets.

* We do not simply rely on a "committee" to achieve this.

* We do so through a commitment to providing a fair opportunity for each of us to reach our full potential.

* We have the personal dedication of many at Greenberg Traurig who identify and bring into our firm this very special diversity.

* The Minority Law Journal 2014 Diversity Scorecard has recognized us as follows:
o No. 1 Ranking, African American Partners
o No. 1 Ranking, Hispanic American Non-Partners
o No. 2 Ranking, Hispanic American Partners

* The National Law Journal has previously recognized our attorneys as among:
o No. 2 Ranking, Female Partner Numbers, Female Scorecard (2013)
o "The 50 Most Influential Minority Lawyers in America" (Three) (2008)
o "The 50 Most Influential Women Attorneys" (Two) (2007)
o "The 100 Most Influential Attorneys in America"
(Two diverse attorneys; three total) (2006)

Diversity in Action: Fostering Diversity in the Profession and Preserving the Pipeline

Greenberg Traurig's Diversity Leadership Community has initiatives that focus on fostering an environment within the firm that supports and encourages diversity and inclusion, and increasing diversity in the profession by increasing access to a legal education for minority students. Helping today's law students and lawyers become tomorrow's business and legal leaders means a larger, more diverse marketplace and a greater pool of talented professionals. And that means more business opportunities for everyone - our firm, our colleagues and, most importantly, our clients.
In this way, our approach to diversity and inclusion mandates a high-level of personal responsibility with regard to the recruitment and retention of diverse attorneys. Attorneys in recruiting, hiring and supervisory roles are continuously made aware of the progress of our efforts. Our personal approach to diversity and inclusion means that Greenberg Traurig lawyers are active at their alma maters and at law schools local to their offices, participating in such programs as career panels; "Meet the Employer" days; and mock interviews, among others.

It has been, and continues to be, our goal to create a well-balanced workforce that contains a significant presence of minorities and women.

Greenberg Traurig creates and supports partner programs with women, minority, gay/lesbian or disability-focused bar associations. We attend and sponsor events at these organizations regularly throughout the United States. The firm works closely with national and local minority bars to address the fostering of diversity and inclusion in the profession on many levels. We support the work of several organizations, including MCCA, NAPABA, NASABA, NBA, NLGBTBA, HRC, HNBA and others.

Additionally, we provide funding through the Holly Skolnick Greenberg Traurig Fellowship Foundation for lawyers and law students to work with public interest groups. Through the Foundation, Greenberg Traurig serves as the largest sponsor of Equal Justice Works Fellowships in the United States and has invested approximately $8 million to support, in whole or in part, almost 127 Equal Justice Works Fellows since 1999.

We invite clients to join us as we work towards:

* Cultivating strategic partnerships with clients and potential clients to leverage our diversity platform to create and deepen relationships and cultivate business opportunities.

* Encouraging our lawyers to facilitate opportunities for our diverse and women lawyers to develop relationships with clients before and after new matters are received.

* Broadening the pipeline of diverse attorneys by expanding relationships with minority bar associations and other legal diversity organizations through our combined support of these networks.

* Focusing on strengthening mentoring programs for female and diverse attorneys at every level.

* Instituting a program that provides a variety of mentoring, rainmaking and training opportunities that can be accessed by a wide range of diverse attorneys across a variety of underserved communities.

* Engaging our Affinity Groups and their allies as a forum for professional development and business development opportunities, as well as for recruiting and retention assistance and as a social exchange to promote inclusion.

Diversity in Action: Employee Resource Networks

Greenberg Traurig's Employee Resource Networks (Affinity Groups) have the goal of addressing the needs of our attorneys and professionals who are diverse. We support Affinity Groups for our attorneys who are African American, Asian American, Hispanic American, LGBT and women, and we continue to gauge opportunities to expand those groups as our needs and demographics dictate.

The firm's Affinity Groups are as follows:

* African American Affinity Group

* Asian Pacific American Affinity Group

* Hispanic American Affinity Group

* Lesbian, Gay, Bisexual and Transgender (LGBT) Affinity Group

* South Asian American Affinity Group

* Women's Initiative

Our goals include:

* Mentoring of junior attorneys within the specific group;

* Recruitment and retention of diverse attorneys;

* Active participation in organizations addressing specific groups; and

* Serving as a forum for group members to discuss and explore issues and opportunities that will add value to client relationships.

Women's Initiative

As an example of our approach, Greenberg Traurig's firm-wide Women's Initiative focuses on retaining and supporting women attorneys through professional development and work/life balance initiatives, as well as through business development training programs and networking opportunities.

We work with like-minded organizations to address these issues on a broader scale in a variety of industries and communities.

Our program targets:

* Attracting and retaining talented women attorneys.

* Supporting business development for women attorneys.

* Serving as industry leaders.

* Impacting the community through leadership and service.

* Maintaining a culture that benefits women attorneys.

Diversity in Action: Suppliers

Greenberg Traurig is committed to the development of Disadvantaged Business Enterprises and Small Business Enterprises (DBE & SBE) suppliers.

As such:

* All business concerns, large and small, majority- or minority-owned, are afforded an equal opportunity to compete.

* A national director of procurement within the firm supports this practice.

* We are committed to diversity with respect to our vendors and suppliers.

* We are amenable to using diverse vendors and suppliers recommended by clients.

Diversity from the Top Down

Cesar L. Alvarez, Co-Chair of Greenberg Traurig, leads our diversity efforts. This is a matter of personal responsibility for him, having entered the U.S. as an immigrant with humble beginnings.

He has previously been honored as follows:

* "Lifetime Achievement Award," Hispanic National Bar Foundation

* "100 Most Influential Lawyers in America," The National Law Journal

* "50 Most Influential Minority Lawyers in America," The National Law Journal

* "Top Most Powerful Hispanics," The Black Book of Poder

* "25 Best Latinos in Business," Hispanic Magazine, The Power Issue

* "President's Award of Merit for Diversity Efforts," The Florida Bar

* "Spirit of Excellence Award," ABA Commission on Racial and Ethnic Diversity in the Profession

* "Lifetime Achievement Award," Chambers USA Awards for Excellence

* "CEO of the Year" award, Multicultural Law Magazine

* "Attorney of the Year Award," Hispanic National Bar Association


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