Real Estate

Overview

Employers with widespread physical footprints are grappling with hybrid work environments. Retailers continue to balance consumer demand for home delivery with the need to maintain brick-and-mortar identities. Multi-family property owners are experiencing the effects of changing demographics, migration, and evolving attitudes about what—and where—defines a desirable place to live. Nixon Peabody helps clients navigate this complexity with a deep bench of real-estate lawyers. Our work touches every industry participant, including developers, owners, lenders, investors, and state and local governments. Whether it’s securing multi-million-dollar financing to build high rises; advising on the creation of a first-of-its-kind, low-income affordable housing development for LGBTQ+ seniors; or working on life-changing community development and affordable housing projects across the country, Nixon Peabody has the experience, talent, and team to tackle any real estate sector challenge.

Representative Experience

• Institutional fund manager with a focus on workforce and affordable rental housing in its acquisition of a 207-unit community in Boston
• BFC Partners: Represented in developing Stonewall House, a 100% low-income, age-restricted affordable housing project for LGBT elders—the first of its kind in New York City
• Eleven Parkside QOZB LLC: Represented in securing $50 million of financing for a residential development at Eleven Parkside—the latest addition to Parkside, the 3.1-million-square-foot, transit-oriented, mixed-use development in northeast Washington, DC
• Real estate developer: Represented in the acquisition of three commercial properties, located in opportunity zones in the Los Angeles area, for redevelopment into 700-plus units of workforce, low-income, and market-rate rental housing
• Seniors living campus: Represented client in suburban Boston in connection with a review and analysis of contractor claims and change orders resulting from a $30 million, multi-year renovation/expansion project. We provided contract and claim analysis as well as litigation strategy advice. Ultimately, the matter was resolved in the client’s/owner’s favor at a three-way mediation between the owner, the construction manager, and the primary subcontractor, which resolved the pending lawsuit and all potential disputes. This allowed the project to stay within budget and open to accept residents.

Recognition

• Nationally ranked for Real Estate by U.S. News – Best Lawyers® “Best Law Firms” in 2023.
• Nixon Peabody has been named a First Tier firm for Real Estate in five metropolitan areas, by U.S. News – Best Lawyers® “Best Law Firms” in 2023.
• Nixon Peabody was recommended in The Legal 500 United States 2022 editorial for Industry focus—Real estate - Construction (including construction litigation).