Elizabeth Willes represents real estate owners, investors, and developers in connection with all phases of the acquisition, management, development, leasing, financing and disposition of retail, residential (including multi-family and student housing), office and industrial properties. A significant amount of her practice involves the representation of institutional investors, including public pension funds, in investments in all areas of real estate investment, including through joint ventures with national and local developers.
Joint Venture Transactions
Elizabeth’s practice has a particular focus on the analysis, structure, drafting and negotiation of a wide range of domestic and international joint venture transactions and relationships, including separate accounts, platform joint ventures, single asset ventures and development projects. In connection with such joint ventures, she also handles the drafting and negotiation of guaranties, development management agreements and asset management agreements. Elizabeth’s joint venture practice includes representation of both the operator/ developer side, and the investor side. Working for both types of clients provides Elizabeth with a balanced perspective that helps achieve successful venture formation in an efficient manner.
Acquisitions And Dispositions
Elizabeth has structured, negotiated, and documented all types of real estate acquisitions and dispositions, including large portfolios across multiple states. She handles all aspects of purchase and sale transactions, including in-depth title and survey and other due diligence review and analysis, borrower-side financing, and transaction structuring. Elizabeth also has experience in the purchase and sale of ground leased properties and of membership and partnership interests, as well as in analyzing investments in other co-investment vehicles.
Elizabeth frequently represents pension funds in domestic and international commingled funds investing in real estate assets, both at the time of subscription and during the term of the fund.
Business Minded Approach
Clients appreciate Elizabeth’s ability to be a practical lawyer and consider the business aspects of a transaction as well as the legal intricacies. In the course of her career she has represented all types of investors and developers, from individuals to publicly-traded REITS to institutional investors, and is sensitive to the timing and responsiveness required in today’s marketplace. Elizabeth’s expertise and depth of experience representing all sides of transactions (both tenants and landlords, lenders and borrowers, buyers and sellers, developers/sponsors and investors) give her a unique and well-rounded perspective of any transaction.