Goodwin Pdocted Deal Estate Pdivate Investment Funds

Total Page：16

File Type：pdf, Size：1020Kb

Goodwin Pdocted Deal Estate Pdivate Investment Funds

GOODWIN PROCTER REAL ESTATE PRIVATE INVESTMENT FUNDS Distinct within the industry, Goodwin Procter’s vertically integrated approach to managing capital in real estate allows us to serve our clients in an innovative, expert and efficient manner. We have represented more than 100 real estate investment managers in raising and deploying capital within the U.S. and internationally, with funds and other vehicles ranging in size from less than $100 million to more than $4 billion. Our experience includes funds investing in a wide range of real estate and real estate- related assets, including equity, debt and other asset-backed securities, with strategies spanning the risk/return spectrum from core to opportunistic, and involving a broad range of asset classes, including multi-family, industrial, hotel, retail and infrastructure assets. ATTORNEY ADVERTISING GOOD TO KNOW CONTACT US • Private Equity Real Estate magazine named Goodwin Procter “North David W. Watson American Law Firm of the Year for Fund Formation” in five out of the Chair, Private Investment Funds last eight years. 617.570.1888 • Chambers USA noted that our private investment fund clients are [email protected] “impressed with the team’s ability to create innovative fund structures by taking an interdisciplinary approach.” David Evans Chair, London Office • U.S. News, “Best Law Firm” survey recognized our Private Funds 44.20.7447.4202 practice with top-tier rankings for the third consecutive year. [email protected] • Goodwin Procter represented 50 fund sponsors holding closings John M. Ferguson during 2014, for funds raising aggregate capital of over $25 billion. Co-Chair, Real Estate Private OUR CLIENTS Investment Funds 212.813.8827 Our real estate private investment funds clients include established fund [email protected] sponsors, seasoned professionals forming new firms to raise their first fund, public REITs, insurance companies, investment banks, hedge funds Paul D. Schwartz and private equity fund managers expanding their funds to include real Co-Chair, Real Estate Private estate as an investment focus. Investment Funds 617.570.1422 AEW Capital Management Kennedy Wilson [email protected] Alcion Real Estate Partners Kimco Realty Corporation AREA Property Partners Ladder Capital AvalonBay Communities LBA Realty Beacon Capital Partners Morgan Stanley Real Estate BlackRock Realty Advisors Normandy Real Estate Partners Boston Properties Pacific Coast Capital Partners Brookfield Financial Properties Principal Financial Group Cabot Properties Rockwood Capital CityView RREEF Funds Cole Capital Advisors Rubenstein Company Eightfold Real Estate Capital Sares Regis Group Equity Office Properties Savanna Capital Partners Fairfield Realty Advisors TA Associates Five Mile Capital Thor Properties GreenOak USAA Real Estate GTIS Partners Wheelock Street Capital Guggenheim Capital Wolff Partners Hudson Realty Capital Woodbourne Capital (Canada) March 2015 Boston | Hong Kong | London | Los Angeles | New York | San Francisco | Silicon Valley | Washington DC | www.goodwinprocter.com © 2015 Goodwin Procter LLP. All rights reserved. This informational piece may be considered advertising under the ethical rules of certain jurisdictions. Goodwin Procter LLP principal law office address: 53 State Street, Boston, MA 02109, (617) 570-1000. Prior results do not guarantee similar outcome..

Copy Link

Recommended publications

Learning + Development
LEARNING + DEVELOPMENT CONTINUED LEARNING In today’s business climate, it is not enough to be an excellent lawyer. With that in mind, Goodwin provides attorneys with programs that not only train them to do their legal work accurately but also teach them to think like business people, look for creative and efficient solutions, manage their time effectively, and collaborate to reach the best result for our clients. Our Learning + Professional Development team works with firm attorneys and industry experts to design and implement a range of training programs, seminars, and workshops to augment the “on the BY THE job” training our attorneys receive from their day-to-day legal work and from the regular feedback they receive from their supervising attorneys. NUMBERS 250 in-house training sessions offered annually, TRAINING FOR ALL ATTORNEYS including 175+ CLE eligible Firm Leadership Programs combine faculty from Harvard Business and 75+ run by individual School and Harvard Law School with firm leaders to deliver leadership practices training to mid-level associates, senior associates and newly elevated partners. 500 500 free live, online, and on-demand CLE courses Professional Coaching program provides attorneys with the opportunity through Practising Law to be professionally coached by a member of our internal coaching team Institute on a variety of topics, including confidence, executive presence, and career development. 14 professionals dedicated to professional development Business Development/Client Service learning sessions are an and training opportunity for our attorneys to hear directly from senior rainmakers about the fundamentals of business development and client service, $5m invested each year understand what clients look for in outside counsel, and build a BD/client in the training, development, service skillset starting at the junior associate level through to partner.
[Show full text]
Goodwin Summer Associate Program
GOODWIN SUMMER ASSOCIATE PROGRAM WELL DONE. As a law student, you’ve learned what it takes to succeed in law school. At Goodwin, we’ll help you acquire the skills you need to be a successful lawyer. Our continued success is due to the integrity, ingenuity, agility and ambition of our lawyers and professional staff, and a laser focus on helping our clients achieve unprecedented results. We work closely with our summer associates to understand individual interests, and therefore we have no formalized rotation system. We provide summer associates with opportunities to work on a broad range BY THE of real assignments in a variety of practice areas, and a welcoming atmosphere to work, learn and connect with peers, associates and NUMBERS partners at the firm. The summer experience is a platform to witness first-hand the work we do for our clients by observing client meetings, 13 offices in the U.S., Europe court hearings, depositions and negotiations, as well as attending and Asia with more than 1,200 business unit meetings. You’ll leave our program with valuable mentors, lawyers a large professional and social network, and a very good idea of what it’s like to work at Goodwin. 90% of summer associates who are offered a position at We take an industry-first approach, concentrating our efforts on five key Goodwin accept a position with us industry verticals, and we offer specialized service areas in just about th every traditional and emerging field of law: Goodwin ranked 6 overall in the American Lawyer Summer Associate Survey for 2019 White
[Show full text]
2L Diversity Fellowship
2L DIVERSITY FELLOWSHIP INVESTING IN LEADERS OF TOMORROW. It’s not enough to say we want a diverse legal community. As a leading global 50 law firm, we have to invest meaningfully in diversity, equity and inclusion in order to create an environment where all lawyers can excel and thrive. Years of practice have taught us that our investment is best placed in high-achieving law students from underrepresented backgrounds. With diversity, equity and inclusion being integral to our business and core values, we know that recruiting, developing and retaining outstanding law students and lawyers from underrepresented backgrounds allows us to break the boundaries of diversity within the legal profession and, in turn, achieve unparalleled results. 2L DIVERSITY FELLOWSHIPS Goodwin’s 2L Diversity Fellowship program provides second-year law students from underrepresented backgrounds with awards of $15,000 each to help cover expenses for their third year of law school (2021-2022). The $15,000 award is contingent on the student accepting an offer to join Goodwin’s 2021 summer associate program and on accepting an offer, if extended, to join the firm as a full-time associate. The award will be paid out upon completion of the summer program. These fellowships are named in honor of Richard A. Soden and Paul W. Lee for their exceptional commitment to diversity. THE 2L DIVERSITY FELLOWSHIP VIRTUAL ROUNDTABLE PROGRAM WHEN Thursday, January 7, 2021 (Virtual) 1:00 pm ET – 6:00 pm ET PROGRAM FORMAT Goodwin will select eight highly qualified 2L law students from across the country to participate in a series of thought exercises, roundtable discussions and social networking with key firm leaders, members of Goodwin’s Committee on Racial & Ethnic Diversity (CRED) and PRIDE affinity groups, and local office hiring partners.
[Show full text]
Beyond Boston
“Sitting in my offi ce with a partner from one of “I always got the mes- Boston’s prominent law sage that the reputation fi rms, I heard laughter we wanted was for doing come rippling along the absolutely fi rst-quality corridor and through the legal work. open door. “That isn’t to say we “My companion noticed haven’t been near other it. ‘You know,’ he said, ‘my matters. Don Hurley was partners and our juniors absolutely instrumental in often speak of how fre- getting the Massachusetts quently they hear laughter “I think anybody in the Business Development here in your offi ce.’ fi rm ought to stop and Corporation started. “He went on to say he think why you’re here, That was a very important thought it was a splen- and why is it a good legislative step. Charlie did thing, and I agreed. “I’m on the Hiring Post was instrumental in Committee. I enjoy it. thing to be practicing at Happiness in the day’s Goodwin Procter? What the fashioning of tax work is an essential ingre- The reason I enjoy it is legislation. that basically I like the are you looking for? “As far as new associates dient of any organization “Of course you want “But they were always place, not just because not are concerned, my advice that aspires to excellence.” to make money. But functioning as lobby- I’m a partner but because not is, ‘Don’t be intimidated.’ what do you want ists, as offi ceholders, it’s a very friendly place.
[Show full text]
LAW FIRM of the YEAR Goodwin Procter LLP Positioned to Pounce on Wave WHY the FIRM WON of Growth Equity Deals
LAW FIRM OF THE YEAR Goodwin Procter LLP Positioned To Pounce On Wave WHY THE FIRM WON Of Growth Equity Deals Remained highly active in 2008, advising on some 460 buyout and venture capital deals, and on 57 fund Summit The private equity industry has always Pioneered by such firms as formations across alternative assets. inspired its share of cross-market jealousies. Partners and TA Associates, that opportu- Expanded its private equity practice with addition In the late 1990s, buyout professionals nity is to provide growth equity, in return of four partners in San Francisco, New York and looked on longingly as venture capitalists for minority stakes, to fast-growing compa- Los Angeles. made piles of money taking dot-com compa- nies in fields like technology, health care, Opened Hong Kong office in November 2008. nies public at obscene valuations after short business services and consumer products. Expertise in buyouts, venture capital, and growth investment periods. In the mid to late 2000s Growth-equity deals have a “different equity deals positioned the firm well for a market in it was the turn of venture capitalists to grow feel to them” from traditional venture or which both buyout firms and venture capital firms covetous, as buyout shops took advantage of buyout transactions, said John LeClaire, co- are pursuing far more growth equity transactions. easy credit markets to siphon equity out of founder and chair of Goodwin Procter’s 35- In 2008 newsletter The Private Equity Analyst ranked their cash-flow-positive portfolio companies. partner private equity group. The compa- the firm the second most active in the United States Some firms tried to re-invent themselves dur- nies tend to generate $5 million to $15 mil- for buyouts, and fifth overall for combined buyout and venture capital deals.
[Show full text]
Technology + Emerging Companies
TECHNOLOGY + EMERGING COMPANIES Goodwin helps emerging and public companies, investors and investment banks capitalize on opportunities and minimize risks in rapidly evolving markets. We offer a full-service team with offices and attorneys in key technology markets, including Boston, New York, Los Angeles, San Francisco, Silicon Valley and Washington, D.C. • 180+ attorneys represent 1,200+ technology-based, • Experienced tax, privacy, ERISA, executive emerging companies, and 200+ venture capital and compensation, debt and fund formation, and private equity firms business litigation practices are key complementary strengths • Support clients throughout the corporate life cycle with legal services related to company formation, • Consistently recognized by industry publications IP protection, licensing and strategic transactions, including Bloomberg, Chambers USA, Dow Jones commercial agreements, cross-border financing, VentureSource, IP Law & Business, Mergermarket, and venture financing to IPOs, M+A, corporate PlacementTracker, Pitchbook and PrivCo for our governance, board matters, and more work with technology companies • Extensive company and investor client base allows us to leverage relationships on behalf of our clients REPRESENTATIVE CLIENTS Accel Partners Eventbrite Machine Zone Slack Affirm Fuze Memebox ThredUp AppNexus General Catalyst Partners Qualtrics Thumbtack Brightcove Glossier Segment.io TripAdvisor Cybereason Interactions Sequoia Capital WiTricity REPRESENTATIVE TRANSACTIONS • Edunav, Fundrise, HourlyNerd, TrackMaven,
[Show full text]
Diversity + Inclusion
DIVERSITY + INCLUSION OUR PEOPLE ARE OUR GREATEST ASSET Diversity and inclusion are core values at Goodwin. We understand that truly great things happen when we work together, honor differences and celebrate unique perspectives. We are committed to increasing diversity and inclusion at Goodwin and in the greater legal community. DEVELOPING A COMPREHENSIVE STRATEGY Our Inclusion@Goodwin team partners with our five core diversity initiatives to develop BY THE and implement a world class diversity and inclusion strategy. The strategy includes NUMBERS elements designed to attract, retain, develop and advance a diverse talent pool, foster inclusive leadership, and eliminate barriers to success. We also support equality in our 1st AmLaw 100 firm communities through pro bono work, philanthropy and community service. led by a woman 8 “Best Law Firms for CRED@Goodwin Women” (Working Mother) CRED BRIGHT- for eight consecutive years Established 2000 SPOTS Sabrina Rose-Smith, Chair [email protected] INCLUSION 10 Pride celebrations Brightspots@Goodwin in all ten Goodwin Women@Goodwin Established 2016 Established 2002 Laura Acosta, offices each year Deb Birnbach + Lisa Haddad WOMEN Director, D+I Co-Chairs Inclusion@Goodwin lacosta@ Executive [email protected] Established 2014 goodwinlaw.com 38% [email protected] David Hashmall, Chair Committee members dhashmall@ are women Pride@Goodwin goodwinlaw.com Established 2009 FLEX- PRIDE associate hires Koray Bulut + James Mattus, (ABILITY) 57% Co-Chairs and 36% of lateral partner [email protected]
[Show full text]
GOODWIN PROCTER 2018 ANNUAL REVIEW ALM LEGAL INTELLIGENCE GOODWIN PROCTER ANNUAL REPORT Executive Summary
MAY 2019 GOODWIN PROCTER 2018 ANNUAL REVIEW ALM LEGAL INTELLIGENCE GOODWIN PROCTER ANNUAL REPORT Executive Summary • Goodwin Procter’s focuses on providing services in 6 core industries across 3 practice areas1 — $1.2B firm, ranked 26th in the Am Law 100, with 955 attorneys, 70% based in the U.S. Northeast — Core industries include Financial Services, Life Sciences, Private Equity, Real Estate and Technology1 — Firm leverages its expertise in technology to complement its Life Sciences and Private Equity practices2 — Lateral hiring has focused on strengthening the firm’s presence on the West Coast, Northern Europe and Hong Kong • Goodwin Procter had a strong financial performance in 2018 with 16% revenue and 18% profit growth — Revenue Per Lawyer (RPL) grew 11% and Profits Per Equity Partner (PEP) reached almost $2.5M — Private Equity and Life Sciences practices grew revenues 30%+ and Technology practice revenues grew 20%+2 — Non-U.S. revenues grew 40%+ with London up 58% to $67 million3 — Goodwin performed similarly to many of its peers in terms of revenue and profit per lawyer (PPL) growth over the past year. — Firm maintains a low leverage ratio of 3.4 • The firm performs better than most of its ALM Selected Peers on gender and minority diversity • Goodwin Procter is expected to continue its geographical expansion — Opening a new office in Santa Monica, CA in Summer 20194 — Signed new leases in Paris5 and Frankfurt 6 for more office space • Goodwin Procter has not historically used acquisitions for expansion and growth * ALM Selected Peers = Cooley, Fenwick & West, Wilson Sonsini See bibliography to links to underlying sources 2 Firm Report GOODWIN PROCTER ANNUAL REPORT Key Statistics: Goodwin Procter Goodwin Procter is ranked 26th in the Am Law 100 with 955 lawyers, 70% based in U.S.
[Show full text]
Goodwin Procter LLP ("Goodwin")
Goodwin Procter LLP ("Goodwin") 2020 VAULT/MCCA LAW FIRM DIVERSITY SURVEY 100 Northern Avenue Boston, MA 02210 Phone: 617-570-1000 Fax: www.goodwinlaw.com LOCATIONS Boston, New York, Washington, DC, Silicon Valley, San Francisco, Los Angeles, Santa Monica, Frankfurt, London, Paris, Cambridge, Luxembourg, Hong Kong DIVERSITY LEADERSHIP Head(s) of Firm: Robert Insolia - Chairman Diversity team leader(s): Laura Acosta — Managing Director D+I NUMBER OF ATTORNEYS TOTAL NUMBER OF ATTORNEYS Currently As of December 31, 2019 Worldwide 1307 1316 U.S. offices only 1073 1091 Response to Spring 2020 Vault/MCCA Law Firm Diversity Survey. Complete survey results available in Law Firm Diversity Database (http://mcca.vault.com). Copyright © 2020 Vault.com Inc. and Minority Corporate Counsel Association, Inc. All rights reserved. Goodwin Procter LLP ("Goodwin") 2020 VAULT/MCCA LAW FIRM DIVERSITY SURVEY Law Firm Demographic Profile Does your firm have more than one tier of partnership? Yes ASSOCIATES (2019) SUMMER ASSOCIATES (2019) Men Women Men Women White/Caucasian 233 186 White/Caucasian 12 22 African-American/Black 12 19 African-American/Black 4 2 Hispanic/Latinx 12 17 Hispanic/Latinx 3 4 Alaska Native/American Indian 1 0 Alaska Native/American Indian 0 0 Asian 45 50 Asian 6 9 Native Hawaiian/Pacific Islander 1 0 Native Hawaiian/Pacific Islander 0 0 Multiracial 5 13 Multiracial 0 1 Openly LGBTQ 31 13 Openly LGBTQ 7 2 Individuals with Disabilities 0 1 Individuals with Disabilities 0 0 Total 309 285 Total 36 54 There are 11 males and 16 females who did
[Show full text]
California Legal Market
California Legal Market Columbia 2018 Amber Handman Housing Price Comparison 2017 National California 600000 2007 $223,800 $586,030 500000 2011 $156,100 $271,000 400000 2012 $154,700 $267,000 300000 2013 $173,800 $333,800 2014 $209,500 $448,300 200000 2015 $218,900 $456,800 100000 2016 $228,900 $485,000 0 National California 2017 $246,500 $526,000 Most Expensive U.S. Cities for Renters 1 San Francisco 2 New York 3 San Jose 4 Boston 5 Washington D.C. 6 Los Angeles 7 Oakland 8 Seattle 9 Miami 10 San Diego (Zumper, Feb 2018) Cost of Living Comparison to New York City BigLaw City Salary Required to Yield NYC Buying Power New York $180,000 San Francisco $191,322 Silicon Valley $148,248 Los Angeles $136,386 Orange County $135,540 San Diego $125,514 (Numbeo, March 2018) Trends § Nationalization § Consolidation § Decentralization § Quality of Life Trends § Student/New Lawyer Trends § Law Firm Trends BigLaw Salary Structure Class Billing Rate Base Salary Bonus Annual Year ($/Hour) Compensation 1st $485 $180,000 $15,000 $195,000 2nd $530 $190,000 $15,000 $205,000 3rd $585 $210,000 $25,000 $235,000 4th $630 $235,000 $50,000 $285,000 5th $675 $260,000 $65,000 $325,000 6th $710 $280,000 $80,000 $360,000 7th $745 $300,000 $90,000 $390,000 8th $785 $315,000 $100,000 $415,000 Number of California Partners Elevated for the Past Five Years at Selected Firms Firm 2018 2017 2016 2015 2014 Cooley 8 8 7 5 1 Gibson Dunn 3 5 3 6 5 Morrison & Foerster 5 4 5 6 7 O’Melveny 2 5 6 6 3 Pillsbury 2 3 2 3 6 Sheppard Mullin 8 12 7 10 6 Wilson Sonsini 10 4 8 6 2 Profits
[Show full text]
RECORDER Daily at How Goodwin Became a Household Name in California’S Startup Community
April 29, 2019 LAW BUSINESS TECHNOLOGY BUSINESS TECHNOLOGY LAW TECHNOLOGY LAW BUSINESS RECORDER daily at www.therecorder.com How Goodwin Became a Household Name in California’s Startup Community By Xiumei Dong In less than 15 years, Boston- born Goodwin Procter has become a known entity, and fre- quent adviser, to Silicon Valley’s entrepreneurs. Competing head-to-head with its Big Law rivals in the valley, Goodwin represented about 11 percent of startup clients last year, according to a survey by Kruze Consulting; it was the only East-Coast-born firm to land in the top five for startup client A group of partners and office leaders from Goodwin’s California offices. Back row: market share. An-Yen Hu, Lynda Galligan, Brett Schuman, Caine Moss, Scott Joachim, Heidi Mayon and Neel Chatterjee. Front row: Dean Pappas and A.J. Weidhaas. The firm recently made head- lines for representing online workplace communication com- private equity, real estate and The firm now has 215 lawyers pany Slack in its initial public complex IP litigation. across its San Francisco, Palo offering. And it represented the “What we have been trying to Alto and Los Angeles offices, underwriters in Lyft’s highly do, and I think we have done, after announcing the addition of anticipated IPO, sharing a $1.4 is to develop a dominant mar- two more partners Monday. And million legal fee with Palo Alto- ket presence across those areas,” a new Santa Monica office is set based Wilson Sonsini Goodrich Hashmall said. “We really see our- to officially open this summer & Rosati.
[Show full text]
Thought Leadership with Jon Kanter
THOUGHT LEADERSHIP WITH JON KANTER LEGAL CFOs CHARTING A COURSE IN A CHANGING LANDSCAPE The role of a law firm chief financial officer is evolving as rapidly as the legal industry itself. For most large law firms, it’s no longer enough for CFOs to balance the books. While the practice of law is not traditionally seen as one for change, it has changed more over the past 10 years than over the previous 100. Jon Kanter, Goodwin’s chief financial officer since 2016, recently sat down with the CFO Thought Leader podcast to discuss how he views his role at the firm and how he has worked to keep pace with the changing nature of its demands. “I think finance plays a massive role and has a potentially massive role within a law firm,” Kanter said. “We’re giving advice and we’re providing services; we’re not charging for them but we’re providing services in a true partnership way to our clients. For me that’s where finance can really make a difference to the organization – not just about getting the money in the door for our own revenue but building up those deep and trusted relationships with our client.” Focusing on the Business of Law Pitch Perfect Kanter said Goodwin has invested in developing its Where pitch meetings have typically been reserved for lead professional staff and other non-lawyer functions so the partners, select associates and the occasional business firm’s lawyers can focus on the practice of law and solving development rep, Kanter or other members of his staff are clients’ problems.
[Show full text]