Affiliations

• New York State Bar Association, Tax Section
• American Bar Association, Tax Section
• Co-chair of the American Bar Association's Tax Section's Real Estate Sub-Committee on REITs

Representative Engagements

• Formation and structure of Cali Reality (now Mack-Cali Realty Corp.), a multi-state office building REIT, in connection with its initial public offering
• Sale of Mystic Beverage Company to Triarc Company for $87 million
  Cali Realty’s (public REIT) acquisition of Robert Martin Portfolio valued at $440 million
• Kushner Company’s acquisition of WNY Group, Inc.’s (private REIT) portfolio valued at $280 million
• Underwriter’s counsel in connection with the formation and initial public offering of Pan Pacific Retail Properties, Inc. a west coast shopping center REIT
• BIB International acquisition of 99 Burger King franchises valued at $110 million
• Cali Realty Corporation’s merger with the Mack Company and Patriot American Office Group in a transaction valued at $1.2 billion
• South Beach Beverage Company’s sale of assets (SoBe) to Pepsico for $353 million
• Formation and structure of Philips International Realty Corp, a regional shopping center REIT in connection with its initial public offering
• Structuring of the sale of $100 million of assets by Philips International Realty Corp. to KIR Income Operating Partnership, an affiliate of KIMCO Realty Corp., a national REIT
• Structuring the liquidation of Philips International Realty Corp.
• Representation of an investment venture fund in connection with an Internal Revenue Service audit regarding the possible application of the partnership anti-abuse rules
• Structuring the sale of a $30 million office building in Miami, Florida which is presently  under construction.  Structuring the transaction was complicated by the need to: (a) accommodate the buyer’s desire to immediately invest cash into the transaction; (b) accommodate the seller’s desire to achieve desirable tax treatment on the sale proceeds; (c) defer the final sale until construction of the building is completed later in 2003; and (d) obtain the consent of the construction lender to the overall transaction.
• Structured “parking” arrangements to facilitate “reverse exchanges” in order to qualify as tax–deferred like kind exchanges under Section 1031 of the Code.
• Structured tenancy-in-common (“TIC”) interests to facilitate tax free like kind exchanges under Section 1031 of the Code.
  

Presentations

• "Comparing Real Estate Routes to Market: REITS, Secondaries, Funds-of-Funds, Hedge Funds & Real Estate Private Equity," Information Management Network’s Real Estate Opportunity & Private Fund Investing, Laguna Beach, CA (January 23-25, 2008)
• “Joint Ventures with Opportunity Funds, Tax- Exempt Investors & REITs.” The Practicing Law Institute Tenth Annual Real Estate Forum, New York, NY (January 31-February 1, 2008)