News: Brokerage

Herbert Smith Freehills Kramer elevates Dan Berman to managing partner of U.S. real estate

Dan Berman

Manhattan, NY Leading global law firm Herbert Smith Freehills Kramer (HSF Kramer) has announced that Dan Berman, a long-standing leader within the firm’s real estate practice, has been elevated to managing partner of U.S. real estate. His appointment follows the June 2025 merger of Herbert Smith Freehills and Kramer Levin, making him one of six managing partners overseeing the combined firm’s U.S. operations.

With nearly two decades of experience, Berman is a trusted advisor to opportunistic investors, developers, public companies and hedge funds nationwide. His recent work includes several billion-dollar transactions involving sports and entertainment venues and hyperscale data center developments, a REBNY “Most Ingenious Deal of the Year” winner, and major recapitalizations involving distressed assets such as large office buildings in New York and other bustling metropolitan areas. He’s also developed a national reputation for structuring complex redevelopment projects for religious and not-for-profit institutions.

"It’s an honor to step into this role at such a pivotal time for the firm," said Berman. "The merger brought together two incredibly strong real estate practices, and with that comes both significant opportunity and responsibility. I’m looking forward to working closely with my global partners to continue delivering the kind of thoughtful, solutions-oriented counsel our clients expect from us."

Beyond his client work, Berman is deeply engaged in the industry and broader community. He serves on the board of the Brown University Real Estate Group and the not-for-profit SparkYouth, sits on the Urban Land Institute’s Mixed-Use Council, is a member of the Real Estate Roundtable, and mentors through the Zell-Lurie Real Estate program at the Wharton School.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced