Happy New Year! Now that we’re beyond the rush of the holiday season, we have had some time to reflect on yet another strong year for the Pircher team. Year in Review Our success in 2019 was due, in large part, to our valued clients who were on the front lines of real estate throughout the year, engaging in some of the industry’s most notable deals. As a result, our team of attorneys supported the completion of dozens of multi-million-dollar transactions totaling nearly $10 billion over the course of the year. Beyond the numbers, we were pleased to see our team continue to advance Pircher’s in-depth experience within a variety of areas under our sole practice of real estate—most notably working with major opportunity funds, institutional investors, hospitality providers and private equity investment funds. Without our attorneys’ dedication to providing our clients superior legal counsel in these areas and more, the last 12 months would not have been the same.

FIRM UPDATES

Pircher Promotes New Partner Pircher recently announced the promotion of Michael A. Seiden to partner. Seiden began his legal career in 2011 as an associate at Pircher and continues to represent institutional investors, developers, homebuilders, publicly traded corporations and lenders nationwide in connection with their complex real estate transactions. Read More

Pircher Celebrates a Decade of the Highest National Ranking in Real Estate Law In November, Pircher received the highest ranking from U.S. News – Best Lawyers® for the 10th Edition of “Best Law Firms.” With this honor, the firm maintained its long-standing Tier 1 ranking in real estate law both nationally and in the metropolitan area of Los Angeles. The recognition served as a milestone for Pircher, as it marks the 10th consecutive year Pircher has been ranked Tier 1 by U.S. News and Best Lawyers® .  Read More

EVENT SPOTLIGHT IMN Winter Forum on Real Estate Opportunity and Private Fund Investing Pircher is looking forward to starting 2020 at IMN’s 17th Annual Winter Forum on Real Estate Opportunity & Private Fund Investing from Jan. 22-24, 2020 at the Montage Resort & Spa in Laguna Beach, California . A strong contingent of the firm’s attorneys will be in attendance at the three-day conference which has become a highlight of Pircher’s annual calendar. The event is the largest of its kind on the West Coast and brings together more than 1,000 professionals, including leading asset managers, funds, developers, LPs and service providers.   This year, Pircher partners Alexis Alonzo , David Packer and Michael Ray will be a part of panels throughout the course of the event during which they will be discussing strategic insights on the market with an array of current clients and industry colleagues alike. Their topics will range from funds and the multifamily market in 2020 to the state of commercial real estate finance overall.

Check out our website  for details on these panels, and follow us on LinkedIn for additional updates surrounding IMN and more. We hope to see you there!

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PIRCHER HAPPENINGS

In the fourth quarter of 2019, Pircher partner Mike Soejoto served as a co-presenter for American Bar Association’s LLC Institute 2019 on the topic of “Contribution Default Remedies in LLC Operating Agreements.”

In addition, Pircher wrapped a year of industry involvement with a number of events in the fourth quarter, including Commercial Observer ’s Fall Financing Commercial Real Estate Forum , IMN’s Opportunity Zones Forum and IMN’s New Hotel Construction & Development conference.

Upcoming Events

CREF/Multifamily Housing Convention & Expo "Where Market Makers Meet" February 9-12, 2020 Manchester Grand Hyatt San Diego San Diego, CA

Will we see you there?

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Looking Ahead   As we’re still in the midst of the longest economic expansion on record, history is not able to give us many clues as to what 2020 will look like. However, fundamentals are still looking positive, so we hope to see continued economic growth and improving real estate markets in this new year. Even in this real estate cycle’s mature phase, we’re optimistic for a healthy market with renewed activity in the early months of 2020.   We’re also looking forward to entering the next decade committed as ever to our roots as a boutique real estate law firm. In 2020 and beyond, we will continue to serve the real estate community in its most complex transactions that require sophisticated solutions from a legal team that has been entrenched in the industry for more than three decades.   Most importantly, we look forward to serving and working with you in the year to come.

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