Real Estate

We have one of the leading real estate practices in the United States. Our team of professionals blends teamwork and creativity to guide institutions, organizations, and individuals in every facet of contemporary real estate activity, involving all types of property, in every region of the country.

Venable’s Real Estate Group provides counsel on all aspects of real estate investment transactions, including joint ventures, private offerings, tax and corporate structuring, and financing transactions. We represent both borrowers and lenders on loan originations and the negotiation of loan documents, special servicing, workouts and restructurings, and foreclosures, as well as the issuance of opinions. We also advise on acquisition and disposition transactions, including contract negotiation, title/survey and other due diligence, and closings. The group also handles numerous lease negotiations on behalf of both landlords and tenants.

Our skillful team helps clients navigate the development of all the major property types, including office buildings, industrial facilities, retail centers, and multi-family projects. We advise on the spectrum of development-related matters, such as land use and zoning, permitting, design and construction, and environmental concerns, including the negotiation of development agreements and construction contracts. Venable’s nationally recognized hospitality practice guides transactions involving hotels and resorts. Our deep experience with other specialty and nuanced property types includes healthcare and senior living facilities, master planned residential communities, laboratory and biotech facilities, storage facilities, sports and entertainment facilities, and condominiums and cooperatives.

We serve a wide variety of clients, including REITs and other publicly traded real estate companies, developers and other entrepreneurs, real estate funds, pension funds, and other real estate investors and their advisors. We also have experience navigating real estate matters unique to nonprofit organizations.

As a fully integrated practice, we work seamlessly with the firm’s tax, corporate, bankruptcy, environmental, construction, and litigation attorneys to manage even the most complex and time-sensitive transactions with speed and efficiency.

Experience
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  • Represented a national pension fund advisor in connection with the acquisition, financing, and disposition of core multifamily and retail properties valued at more than $210,000,000 and located in major metropolitan areas in Maryland, Arizona, New Mexico, California, Georgia, and North Carolina
  • Represent a government-sponsored entity, the country’s largest buyer of mortgage loans, in a variety of transactional, program, and regulatory matters. Representative transactions during the past year include the negotiation and documentation of restructuring of an $8 billion loan secured by over 100 multifamily properties located throughout the United States and the modification and extension of $350 million loan secured by over 30 manufactured housing communities located throughout the United States
  • Represented the International Bank for Reconstruction and Development (World Bank) in connection with the World Bank's lease of an entire office building in Washington, DC’s central business district to the United States of America acting through the General Services Administration (GSA) for use by the State Department
  • Represented Maryland’s second-largest city in the $350 million redevelopment of its mixed-use town center from concept to dedication. Highlights included creating multiple condominium regimes and sub-condominium regimes; clearing environmental hurdles; overcoming state and local tax issues; and gaining regulatory approvals of many kinds, including clearing the way for a citywide wireless network
  • Represented Marriott and its affiliates in their acquisitions of 35 hotels on four continents in one transaction. Marriott simultaneously restructured its relationships with the sellers in 30 other hotels. The closing included transfer of 16 properties to new owners who gave long-term management contracts to Marriott. The transaction closed on schedule—after extensive due diligence, structural and environmental studies of each property, and negotiation of management contracts and consent agreements with ground lessors, all orchestrated by Venable
  • Represented Intelsat in its relocation of its U.S. headquarters (including more than 430 employees) from Washington, DC, to Tysons Tower in Fairfax County, VA. Intelsat is leasing approximately 188,000 square feet of space in Tysons Tower. This lease transaction was the first major deal to make the Metro-oriented redevelopment of Tysons Corner a reality. Venable also provided valuable guidance related to zoning and entitlement issues and continues to provide advice on the construction aspects of the transaction

Recognition
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  • Highly ranked in Chambers USA, REITS: Maryland Counsel and Retail, National, 2012 – 2019
  • Highly ranked in Chambers USA, Real Estate (DC and Maryland) 2012 – 2019
  • Ranked in U.S. News-Best Lawyers "Best Law Firms," 2011 – 2019
    • Tier 1 Real Estate Law (National; Baltimore; DC)
    • Tier 1 Litigation – Real Estate (National)
    • Tier 1 Eminent Domain and Condemnation (Baltimore)
    • Tier 1 Land Use and Zoning Law (Baltimore)
    • Tier 1 Litigation – Land Use and Zoning (Baltimore), 2011 – 2017
  • Ranked among the nation's top firms for Real Estate in Legal 500
  • Attorneys with top rankings by
    • Best Lawyers in America
    • Chambers USA
    • Legal 500