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Real Estate

September 27, 2019Robin Lewis Appointed to the Board of Directors of The International Society of Primerus Law Firms, Ltd

Congratulations to Robin F. Lewis, Member in the Firms Real Estate Practice Group, who was recently appointed to the Board of Directors of The International Society of Primerus Law Firms, Ltd. The International Society of Primerus Law Firms is a society of over 3,000 lawyers in 170 member firms in more than 40 countries worldwide that provides clients easy access to the right lawyer, with the right skills, in the right location, and at the right cost. To learn more about Primerus, click here:

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September 12, 2019Joshua Gorsky Moderating the ICSC New Jersey Next Generation Program on October 3rd

Joshua Gorsky, Associate in the Real Estate Practice Group, will be moderating the ICSC New Jersey Next Generation Program on Thursday, October 3rd. The program will review several ways in which you can stay ahead of missteps in your retail real estate transactions as well as avoid the pitfalls that cause deals to fall through and how to premeditate common issues. For more information or to register for this event, click here....

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February 11, 2019Craig Alexander Closes Multi Million Dollar Mortgage Loan

Craig W. Alexander, a partner in the firm's Real Estate Department, closed a million dollar mortgage loan on behalf of a prominent investor for a commercial building in Essex County, New Jersey. Mandelbaum Salsburg was able to leverage its relationships to assist the client in acquiring the property in an unusual transaction commencing with the purchase of the existing debt, financed by a hard money lender introduced to the client by the firm. The client acquired title to the property after the firm structured a "deed in lieu of" transaction made possible by the firm's relationship with the lender and title company, followed by a refinancing with an institutional lender also introduced to the lender by the firm....

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January 22, 2018Mandelbaum Salsburg's Real Estate Team Completes Largest Real Estate Transaction in the Firm's 89 Year History

Congratulations to Mandelbaum Salsburg's Real Estate team on completing the largest real estate transaction in the Firm's 89 year history. This complicated transaction on behalf of long-time Firm client Rubenstein Properties involved the sale of a portfolio of 29 properties (located in 6 different states) having approximately 5.2 M square feet of industrial space with a purchase price of nearly $200M. Member Owen Hughes led a team of attorneys and support personnel from the real estate practice and our Environmental Group, including Member Gordon Duus, who provided assistance on environmental matters. The contract was negotiated and signed in the fall of 2018. The transaction involved complex title and survey issues, property condition diligence, tenant issues, bulk sale and environmental compliance activities and negotiation and procurement of environmental insurance. The closing stretched over 3 days during the week of January 14, 2019, including one night with Owen and Chair Barry Mandelbaum leaving the closing table at midnight. We are proud of the team effort by the members of our Real Estate and Environmental practices to ensure a successful portfolio sale for our client....

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November 29, 2018Mandelbaum Salsburg Receives High Rankings in Best Law Firms by U.S. News and World Report for 10th Year in a Row

Mandelbaum Salsburg has once again received high rankings in the 2019 edition of U.S. News – Best Lawyers® "Best Law Firms." The firm received "Metropolitan Tier 1" rankings in Banking and Finance Law, Real Estate Law, and Securitization and Structured Finance Law; "Metropolitan Tier 2" rankings in Commercial Litigation, Litigation-Banking & Finance, and Litigation - Real Estate; and "Metropolitan Tier 3" rankings in Corporate Law and Environmental Law. These rankings were determined through Best Lawyers' overall evaluation, which was derived from a combination of feedback from the Firm's clients, the high regard that attorneys in other firms have for Mandelbaum Salsburg attorneys, and information provided by the Firm to Best Lawyers. Best Lawyers is a widely respected peer-review publication and the oldest in the legal profession. A listing in Best Lawyers is widely regarded by both clients and legal professionals alike as a significant honor. If the votes for a firm are positive enough for inclusion in Best Lawyers, that firm must maintain those votes in subsequent polls to remain on the list for each edition. The Firm has received high rankings by Best Lawyers since 2010. In addition, several attorneys in the Firm maintain Best Lawyers' designations for their particular practices and have been so designated for several years....

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