One law firm has emerged as the first choice among all parties involved in the development of sports facilities who demand the very best representation and expect superior client service - DLA Piper. Trusted by an unmatched array of clients, DLA Piper was recently recognized by Chambers and Partners as the leading real estate practice in the US and was ranked #1 in real estate by The International Who's Who of Real Estate Lawyers and the PLC Global Counsel Corporate Real Estate Handbook.
Overview
DLA Piper has taken the leadership role among US law firms in new stadium and arena transactions, representing state, county, and local government agencies as well as sports franchises. DLA Piper's participation in this exciting sector is a logical extension of our leading real estate development practice. The firm's extensive experience in major multi-use real estate developments has proven particularly valuable in collateral development opportunities associated with new stadiums.
Unmatched Experience
From facilities for the NFL, NBA, MLB, and NHL to Olympic stadiums and joint-use facilities, we have managed and overseen the development of major new sports and entertainment venues and the revitalization of the surrounding areas that accompany such substantial projects. Specific project experience includes lease negotiations; commercial and residential land condemnation; relocation of residences and businesses; demolition of old structures; construction of state-of-the-art facilities; and the negotiation of naming rights. Further, DLA Piper gives clients a competitive advantage in addressing the pressures and political realities facing public officials embarking on prospective public stadium transactions through our nationally renowned Government Affairs practice group.
Stadium and Arena Financing
In addition to providing our clients with access to lawyers possessing preeminent experience in the transactional real estate and construction fields, we also guide clients through the complex and sophisticated area of stadium and arena financing transactions. We have been involved in many of the sector's most complicated project-based financings, including project financings, acquisition financings, leveraged and synthetic leasing transactions, public debt financings, and restructurings.
"Best in Class" Real Estate Services
The breadth of our real estate services, the experience of our lawyers, and the size of our real estate practice make us an invaluable partner to our clients in achieving their goals. In addition, our collaborative environment and collective experience mean that we are well versed in the real estate deal structures and issues that our clients encounter.
While real estate groups at many other firms are merely adjunct to larger practice groups, our real estate practice remains a core concentration of DLA Piper. We understand the business of real estate, and that understanding is fundamental to our reputation as deal facilitators.