Profile
Steven Fleissig is a real estate shareholder in Greenberg Traurig’s New Jersey office. Steven focuses his practice on a variety of real estate and finance related issues. He advises real estate owners on purchase, sale, leasing, joint venture and financing matters. Steven is also experienced in representing lending institutions in real estate and asset-based financing transactions, restructurings and workouts.
Steven has lectured on multiple borrower lending transactions, mortgage foreclosure strategies, UCC issues, and retail and office leasing strategies. He also has written on UCC legislative developments, Section 1031 tax deferred exchanges and New Jersey lending laws.
Concentrations
- Sales and purchases
- Leasing
- Asset-based financing
- Restructuring
- Workouts
- Mortgage foreclosure
- UCC issues
- Section 1031 tax deferred exchanges
The attorney is providing legal services through and affiliated with Greenberg Traurig, LLP, a New York Limited Liability Partnership. Prior results do not guarantee a similar outcome.
Capabilities
Experience
- Representation of the seller in the $1.05 billion sale of a portfolio of multifamily assets throughout New Jersey to a joint venture of Harbor Group International LLC and Cammeby’s International Group.
- Representation of Hard Rock International in its joint venture to purchase Atlantic City's former Taj Mahal for Carl Icahn. Hard Rock International is the majority owner of the rebranded Hard Rock Hotel & Casino Atlantic City in partnership with the Morris and Jingoli families.
- Representation of seller of $140 million industrial complex in South Plainfield, NJ to an affiliate of Blackstone.
- Representation of Treetop Development LLC in the $138.8 million acquisition of a portfolio of eight residential rental buildings in Queens from Algin Management.
- Representation of Treetop Development LLC in the purchase of a building complex in Queens’ Far Rockaway neighborhood from E&M Associates for $135 million. The property consists of four interconnected buildings, comprising 916 residential units, eight commercial units and a parking garage.
- Representation of a New York City-based real estate acquisition and development firm in the negotiation of contracts for the purchase of land in Jersey City and Hoboken, New Jersey for the aggregate sum of $125 million.
- Representation of Kushner Real Estate in the $107 million purchase of Royal Gardens Apartments in Piscataway, New Jersey and a mortgage loan from Berkadia Commercial Mortgage.
- Representation of purchaser in the acquisition and financing of $87 million apartment complex in Westwood NJ
- Representation of Treetop Development LLC, in its $85.25 million acquisition of Saxon Hall, a 16-story rental apartment in Rego Park, Queens.
- Representation of Treetop Development LLC in the $84 million purchase of 1600 Sedgwick Avenue. The purchase was structured by purchasing membership interested in a property-owning entity and had numerous issues of complexity.
- Representation of Maxal Group in connection with a $82.5 million construction loan from M&T Bank.
- Representation of Treetop Development LLC in the sale of Branch Brook Gardens for $69 million. Branch Brook Gardens is a 23-building, 404-unit, apartment complex on 17.5 acres in Belleville, New Jersey.
- Representation of an active adult community developer as borrower on a $58 million term and construction loan facility in connection with the development of an assisted living facility in Reading, PA.
- Representation of Treetop Development LLC in the $56 million sale of apartments in Philadelphia, PA.
- Representation of purchaser in the acquisition and financing of $50 million of unsold condominium and cooperative apartments in Queens, New York
- Representation of M&T Bank in a $47 million construction loan to Shuster Development for the construction of a mixed-use property in Jersey City.
- Representation of Kushner Real Estate in the $45.5 million purchase of Deer Creek Apartments in Plainsboro, New Jersey and a mortgage loan from Investors Bank.
- Representation of Zurich Alternative Asset Management in $41 million purchase of an office building located at 35 Music Square East, Nashville, TN.
- Representation of Lockwood Development Partners in the $37.7 million purchase of six Hilton franchised hotels in Alabama and finance with VMC Lender LLC.
- Representation of New York City-based Argo Development in the $36 million sale of a 59-unit apartment complex in Hoboken, New Jersey to LaSalle Investment Management.
- Representation of a joint venture of Iselin-based Bergman Real Estate Group and Rialto Capital Management LLC in the $31.1 million sale of Florham Park Corporate Center, 230,000-square-foot twin Class A buildings, to ACG.
- Representation of Bergman Realty in the $25 million acquisition of a lender's 80% interest in an office building complex totaling 167,000 square feet in Whippany, NJ.
- Representation of MSN Laboratories, one of the fastest growing research-based pharmaceutical companies, in the acquisition of 20 Duke Road in Piscataway, NJ from PSI, a global clinical research organization.
- Representation of Mack Cali Realty Corporation in connection with its sale of office buildings located at 100 Willowbrook Road, 2 Paragon Way, 3 Paragon Way and 4 Paragon Way, Freehold, New Jersey.
- Representation of developer in purchase, sale and financing of market-rate and HUD-sponsored properties across the country. Properties were located in New York, New Jersey, Pennsylvania, South Carolina, North Carolina, Florida, Tennessee and Arkansas. Property values range from $1 million to $115 million.
- Representation of a real estate management firm in its acquisition of 150 luxury condominium units located in 60 story residential tower in East Side of New York City.
- Representation of BG Capital Management in the sale of Misty Springs, a 128-unit apartment complex, located near Embry Riddle University, Daytona State College and Bethune-Cookman University, in Daytona Beach Florida.
- Representation of investor group in the acquisition and financing of 5 and 7 Colony Blvd, residential complexes, in Wilmington, Delaware.
- Representation of a joint venture between Edison Investment Advisors and Bergman Realty Group in the acquisition of an office building from Mack Cali in Roseland, New Jersey.
- Representation of a client in the purchase of a 160,000 square feet office building on pier in Weehawken, NJ overlooking Hudson River for conversion to residential use.
- Representation of a group of investors in their acquisition of a 129,000-square-foot office/flex building in Columbus, OH.
Recognition & Leadership
- Listed, Lawdragon, 500 Leading Global Real Estate Lawyers, 2024
- Listed,The Best Lawyers in America, Banking and Finance Law; Real Estate Law, 2007-2025
- Named, "Lawyer of the Year," Banking and Finance Law, Newark, 2015, 2020, 2022, and 2024
- Listed, Super Lawyers magazine, New Jersey Super Lawyers, 2006-2024
- Listed, Chambers USA Guide, 2011-2024
- Team Member, Chambers & Partners USA Real Estate Law Firm of the Year, 2010, 2013, 2017-2018, and 2022
- Team Member, a U.S. News - Best Lawyers®, "Law Firm of the Year" in Real Estate Law, 2015
- Team Member, a Law360 "Real Estate Practice Group of the Year," 2011-2013, 2015, 2022, and 2023
- Team Member, The Legal 500 United States, "Top Tier" Firm in Real Estate, 2013 and 2014
- Team Member, Lexology’s Client Choice Award USA & Canada, United States: New Jersey, 2013
- Rated, AV Preeminent® 5.0 out of 5.0
A description of the selection methodology for the above awards can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.
- Past President and Board Member, Association of Commercial Finance Attorneys
- Fellow, American College of Real Estate Lawyers (ACREL)
- Fellow, American College of Commercial Finance Lawyers
- Fellow and Board of Regents Member, American College of Mortgage Attorneys
- Member, National Association of Industrial and Office Properties, New Jersey Chapter
- Member, Commercial Finance Committee, American Bar Association Business Law Section
- Former Chair, Real Estate Lending Subcommittee of the American Bar Association Commercial Finance Committee
- Board of Directors and Treasurer, Essex County Legal Aid Association
Credentials
- J.D., Georgetown University Law Center, 1976
- B.A., cum laude, State University of New York at Buffalo
- New Jersey
- New York