NEW YORK & CHICAGO--(EON: Enhanced Online News)--Global law firm Proskauer announced today that Michael J. Choate has joined the firm’s preeminent Real Estate Capital Markets group as a Partner. Mr. Choate has a distinguished track record with almost 25 years’ experience in REITs, securities and corporate finance, corporate governance, and mergers and acquisitions. Mr. Choate will be joined by Kevin M. Lippert who will serve as Senior Counsel. Both will be resident in the firm’s Chicago office.
“We are very pleased to add a lawyer of Michael’s stature and depth of experience to our real estate capital markets practice”
“We are very pleased to add a lawyer of Michael’s stature and depth of experience to our real estate capital markets practice,” said Proskauer Chairman Joseph M. Leccese. “Under Peter Fass’ leadership, we have developed a leading REITs practice. Both Michael and Kevin’s appointments are a reflection of our commitment to remain at the forefront of this sector.”
Mr. Choate advises both publicly-traded and non-listed REITs in equity and debt offerings, merger and acquisition transactions and internalization transactions. He represents REITs sponsored by Inland Real Estate Investment Corporation including Inland Real Estate Corporation, a self-administered NYSE-listed REIT, and REITs sponsored by affiliates of Behringer Harvard Holdings. Mr. Choate also counsels publicly traded entities on matters of corporate governance, securities law, compliance and proxy and tender offer situations. Mr. Lippert focuses his practice on REITs, including public and private offerings of equity and debt securities and mergers and acquisitions.
Peter M. Fass, partner and co-head of the Real Estate Capital Markets Group stated, “Michael is a highly-regarded REITs practitioner and possesses an unmatched knowledge of the industry. His addition enhances our capacity to offer a full range of services to issuers, underwriters, lenders and investors focused on the REIT sector. We welcome Michael to the team and look forward to his valuable contribution.”
Ronald R. Papa, partner and co-Chair of the Corporate Department said, “Michael’s REITs practice and transactional experience will complement our group’s recognized leadership in advising on sophisticated transactions involving real estate investment companies and public and private mergers and acquisitions.”
A pioneer in REITs, Proskauer’s Real Estate Capital Markets Group comprises a unique blend of interdisciplinary experience that facilitates the successful execution of real estate capital markets transactions in the U.S. and around the world. The team continues to set precedent working with longstanding corporate clients, such as American Realty Capital and its affiliated non-listed and listed REITs, to shape the trends and structures driving REIT activity. Recently, the group advised on a number of significant real estate private equity and capital markets transactions exceeding $8 billion in aggregate value.
Since opening in 2008, Proskauer’s Chicago’s office has established itself as an important presence in the legal community. The office provides a Midwest base for clients who benefit from its ability to marshal the talents and experience of lawyers from all of our offices and practices globally. Its nationally recognized leaders focus on: real estate investment companies; general commercial litigation; insurance coverage litigation and counseling; bankruptcy and corporate restructuring; mergers and acquisitions; health care; and not-for-profit/exempt organizations.
Founded in 1875, Proskauer is a global law firm serving clients’ critical legal needs from offices in Beijing, Boca Raton, Boston, Chicago, Hong Kong, London, Los Angeles, New Orleans, New York, Newark, Paris, São Paulo and Washington, DC. Additional information about the firm can be found at www.proskauer.com.