News:
Brokerage
Posted: July 19, 2016
Orrick names Brozost partner, head of NY Practice Grp.
New York, NY According to Orrick, real estate lawyer Marshall Brozost has joined the firm as a partner, strengthening its local real estate practice. Brozost will serve as head of Orrick’s New York Real Estate Practice Group. He joins from Schulte Roth & Zabel LLP.
“We are delighted Marshall is joining us. He is recognized as a leading practitioner in New York representing the precise types of real estate private equity and other clients we represent across the firm’s other offices. Marshall’s practice and skills align perfectly with our strategy, and he adds substantial depth to our team,” said Michael McAndrews, head of Orrick’s Global Real Estate Practice Group.
Brozost focuses on complex real estate transactions on behalf of institutional and private equity investors. He is described by Legal 500, as “exceptional” in the field. In addition, his practice encompasses all aspects of commercial real estate investment, from purchases and sales, formation of joint ventures and real estate funds to mortgage and mezzanine financing, REIT structuring, workouts and leasing. His clients include GE Asset Management, Phoenix Realty Group, Arel Capital and the Praedium Group, as well as other real estate private equity funds, investment advisers, domestic and foreign institutional investors, lenders and developers. He also advises on CMBS and merger and acquisition transactions.
“Orrick has an impressive global real estate platform, a strong reputation in finance, and a terrific portfolio of sophisticated real estate clients,” said Marshall. “I am excited to join this team and help build the New York platform.”
Marshall was previously a partner at Dewey & LeBoeuf LLP. He currently serves on the Board of Directors of business development companies PennantPark Investment Corporation and PennantPark Floating Rate Capital Ltd. (NASDAQ). He earned a BA from Wesleyan University and a JD from New York University School of Law.
Marshall’s addition continues the growth of Orrick’s New York real estate team. In January, Michael Haworth relocated from the firm’s Tokyo office, and Andrew Berman joined the firm from Akerman LLP.
Orrick’s Chambers-ranked fifteen partner global real estate practice specializes in sophisticated real estate investment transactions, including joint ventures, acquisitions and dispositions of large real estate portfolios, developments and complex finance and distressed debt matters across the United States, Asia and Europe.
Tags:
Brokerage
MORE FROM Brokerage
Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence
New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
Quick Hits
Columns and Thought Leadership
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
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,
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
