Simpson Thacher advises public companies, private equity firms, financing sources, underwriters and other industry participants on all aspects of REIT transactions. With deep experience across the REIT industry, our sophisticated practice includes M&A, investment and joint venture transactions, capital markets and other financings, REIT compliance and other tax advice, fund formation, corporate governance advice, and other corporate matters.
We have represented clients in landmark REIT transactions, including Blackstone’s $39 billion acquisition of Equity Office Properties (the largest REIT M&A transaction in history), Blackstone’s $18.7 billion acquisition of assets from three of GLP’s funds (the largest-ever private real estate transaction globally) and the $1.8 billion initial public offering of Invitation Homes (the second largest REIT IPO in U.S. history). We have represented Blackstone affiliates in connection with numerous multi-billion dollar acquisitions of public REITs, including the $7.6 billion acquisition of Gramercy Property Trust (the largest REIT buyout of 2018), the $4.8 billion acquisition of LaSalle Hotel Properties (which is subject to a competing bid from another REIT) and the C$6.2 billion acquisition of Dream Global.