Holland & Knight - REITs

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Real Estate Investment Trusts

Holland & Knight's Real Estate Investment Trusts (REITs) Team comprises corporate, securities, real estate and tax attorneys who work together to provide seamless service to our clients. We focus on the issues facing our clients and provide pragmatic advice and creative solutions that assist them in achieving their business objectives. Public and private REITs depend on Holland & Knight attorneys for advice and counsel in real estate capital markets transactions and the acquisition, development, leasing and disposition of real estate. Our lawyers understand the laws and regulations applicable to REITs, monitor emerging issues that affect REITs and are members of respected industry associations such as the National Association of Real Estate Investment Trusts (NAREIT).

Our lawyers counsel REITs, real estate funds, sponsors, contributors and developers at all stages of their life cycles on a variety of matters, including:

• initial REIT formations

• conversions, rollups and spinoffs of existing entities into REITs and the related tax implications

• initial public offerings (IPOs), follow-on offerings and private placements of debt and equity securities

• umbrella partnership real estate investment trusts (UPREITs) and DownREITs, which are joint ventures between REITs and property owners

• mergers and acquisitions (M&A),joint ventures and other strategic transactions

• acquisitions and dispositions of individual parcels and entire portfolios of real estate

• corporate and property-level debt financing transactions and debt restructuring

• tenant leasing and lease administration

• ongoing corporate and securities counseling

• corporate governance and compliance matters

Select Representative Matters

• Represented a REIT in connection with the internal restructuring of its hospitality portfolio, the $1.1 billion disposition of a 52-hotel portfolio, and the spinoff and public listing of an upscale portfolio of 50 hotels with an asset value of more than $3.5 billion

• Represented a publicly traded REIT in connection with its negotiations with the borrower and the mezzanine lender for the restructuring of the REIT's mortgage loan, which was secured by a leasehold interest on a partially constructed condominium tower, originally intended to be the first phase of a multiphase project to be developed by affiliates of the borrower

• Represented a publicly traded REIT in the $165 million commercial mortgage-backed security (CMBS) financing of a 90-property retail portfolio

• Represented a publicly traded healthcare REIT in ground leasing land for development of a medical office building to be primarily leased to a ground landlord (hospital system) in Georgia

• Represented a REIT in connection with the due diligence for a prospective acquisition of a medical office portfolio during the bid process that ultimately sold for $2.8 billion

• Represented a publicly traded REIT in the $70.35 million acquisition of a 138,000-squarefoot office building located in Florida and leased to the U.S. federal government

What Others Are Saying

2024 Chambers USA Guide

37 real estate lawyers recognized and 16 real estate department rankings

2024 The Legal 500 United States guide

Top-tier nationwide for Land Use and Zoning; recommended for Real Estate, Real Estate – Construction and Real Estate – Finance

2024 The Best Lawyers "Best Law Firms" Guide

Received national first-tier rankings for Real Estate Law and Land Use and Zoning Law; the firm also earned metropolitan first-tier rankings for practices in Atlanta, Boston, Dallas, Fort Lauderdale, Houston, Los Angeles, Miami, Nashville, New York, Orlando, San Francisco, Tampa and Washington, D.C.

"The real estate team at Holland & Knight is undoubtedly in possession of deep and wide institutional knowledge. They provide novel ideas when there appears to be no path forward."

– Chambers USA – America's Leading Lawyers for Business guide

"Holland & Knight has incredible relationships with clients. They're super responsive and always willing to go the extra mile."

– Chambers USA – America's Leading Lawyers for Business guide

Key Contacts

Jeff Calk Partner | Nashville

615.850.8129

jeff.calk@hklaw.com

Bo Campbell Partner | Nashville

615.850.8469

bo.campbell@hklaw.com

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