Brach Eichler Closes $1.1 Billion Real Estate Transaction
Brach Eichler recently closed a $1.1 billion real estate transaction, one of the largest in its history. The matter consisted of a single portfolio for a single investor, a significant, long-time Brach Eichler real estate client. The portfolio was comprised of over 6,000 apartments in Maryland and Virginia.
“The time between contract execution and closing was 90 days, which was extremely tight,” explains Alan R. Hammer, Brach Eichler Real Estate Member. “It was a complex transaction.
“The deal was successfully closed due in large part to the extraordinary work of Al Habjan and our dedicated team of real estate attorneys and our amazing real estate paralegal group, whom we consider to be the finest in New Jersey.”
Other attorneys on the transaction included Greenberg Traurig; Hunton Andrews Kurth; Windels Marx Lane & Mittendorf; DLA Piper; Roth Jackson Gibbons Condlin; and Morris Nichols Arsht & Tunnell.
The Brach Eichler team was led by Alois Habjan and included Brian Peykar, Samantha Karni, and Tim Felice.