Simpson Thacher Named a Real Estate Group of the Year by Law360 for Fifth Straight Year
02.09.18
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Simpson Thacher was profiled by Law360 as a Real Estate Group of the Year for the fifth consecutive year. The Firm guided clients on transactions worth more than $70 billion in a one-year period, including deals on behalf of long-term clients like Blackstone Real Estate, among many others. The article highlights the depth and breadth of the practice, including a range of marquee deals, such as the Firm’s representation of Northwood Investors in a $1.2 billion acquisition of Ballantyne Corporate Park in North Carolina. In addition to being a long and delicate negotiation process, Greg Ressa, head of the Firm’s Real Estate Practice, emphasized how the success of the transaction was due to the Firm’s commercially minded attorneys that worked to ensure both sides were happy with the outcome, noting, “Sometimes bringing in a group of New York lawyers down to North Carolina is not an obvious path to success.” The article attributes the Firm’s success to the caliber of its real estate attorneys and their reputation among clients, who ”really do want lawyers who are commercial, who are incentivized to find a way to make the deal happen,” says Partner Sas Mehrara.
To read the complete profile, please click here (subscription required).