NEW YORK – Jan. 30, 2024 – Five attorneys from global law firm Greenberg Traurig, LLP presented at the IMN 20th Annual Winter Forum on Real Estate Opportunity & Private Fund Investing Jan. 17-19 in Laguna Beach, California. Greenberg Traurig also was a platinum-level sponsor of the event, which focused on the latest trends and issues in commercial real estate and private investment funds.
Michael J. Baum, co-chair of Greenberg Traurig’s Global Real Estate Practice and senior vice president of the firm, moderated the panel “Identifying & Implementing New Technology: ROI, Costs and Resources.” The session’s topics included the key components of a technology investment strategy and the benefits and risks of investing in technology and partnering with third parties.
Michael H. Davis, co-chair of the firm’s Los Angeles Real Estate Practice, moderated the panel “Assessing Distressed Owner Options & Finding Creative Solutions.” The panel discussed the options for owners in default, approaching extensions and refinancings, and communicating with lenders.
Gregory A. Fishman, co-managing shareholder of Greenberg Traurig’s Los Angeles office, moderated the panel “Investment Strategies in 2024: Sourcing Deals & Targeting Market Dislocation.” Among the questions addressed by the panel: What is deal flow currently like? Which investment strategies are you focused on -- core, value-add, or opportunistic –and how do you see this changing over the coming year?
Kemal Hawa, co-chair of the firm’s Digital Infrastructure, Data Center and Cloud Computing Industry Group, moderated the panel “The Rise of Digital Infrastructure as the Backbone of the Global Economy.” The session’s topics included the outlook for data center demand, market fundamentals that make data centers an attractive investment, and the growth of smaller data centers in urban areas close to customers.
Sanford C. Presant, co-chair of the firm’s Global Real Estate Funds Practice, moderated the panel “Attracting Capital Through Innovative Fund Structures.” The discussion covered current structures and strategies sought by fund sponsors and investors, including debt and preferred equity; open-end vs. closed end funds; and discretionary funds vs. investor approvals in opt-in funds and programmatic joint ventures.
About Greenberg Traurig's Global Real Estate Practice: The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and a recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive counsel for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of more than 700 real estate lawyers from around the world, serving clients from key markets in the United States, Europe & the Middle East, Asia and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The real estate practice advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and hybrids.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab and is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy as a member of the U.S. EPA’s Green Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.