On Monday, February 4, DLA Piper hosted its inaugural Israeli Global Real Estate Conference at the Dan Hotel in Tel Aviv focused on the trends, perspectives and the future outlook of the real estate markets in the US, Europe, and Asia Pacific.
The exclusive event brought together more than 125 participants, including many of Israel’s elite real estate investors and professionals who have invested abroad (including several of the firm’s clients). In addition, a number of senior real estate professionals from around the world participated, including from Goldman Sachs, Blackstone, Blackrock, Investec, Carl Marks, and Cushman & Wakefield.
The conference was organized by Jeremy Lustman, Corporate partner in Washington, DC (who spends the majority of his time in Israel) and Paul Jayson, Real Estate partner in London. Other key DLA Piper attorneys involved in this event included Jay Epstien, Global Co-Chair of DLA Piper’s Real Estate practice; Fred Klein, partner and head of the firm’s Real Estate practice in Washington, DC; Les Koltai, Head of DLA Piper’s Real Estate practice in Australia; Jeff Keitelman, partner in the firm’s Real Estate practice in Washington, DC; and Naftali Weg, partner in the firm’s Tax practice in Baltimore.
“DLA Piper is significantly expanding its activity in the Israeli market, and the opportunities here have attracted a growing number of senior partners in the firm throughout the world to visit and explore how the Israel market can connect to their respective practices,” said Lustman, head of DLA Piper’s Israel practice. “This was the first event of its kind in Israel that brought together all three regions of our global real estate practice under one roof.”
"It was fabulous to see the synergy and interplay between a dynamic group of Israeli investors looking for overseas opportunities and DLA Piper's global real estate offering," Jayson added. "We are already seeing new inquiries in each of our three regions."
Panel sessions at the event included:
- The United States Real Estate Market: Getting the Deal Done in the United States
- Distressed Real Estate Investments: Opportunities, Pitfalls and Gaining the Competitive Advantage
- Global Real Estate Transactions: Perspectives of Investing Outside of the United States and a Round-the-World Update
DLA Piper currently represents a significant number of Israeli real estate clients, in addition to a broader client base of over 80 Israeli investors and companies. In 2012, DLA Piper served as lead counsel to eight in-bound US real estate transactions on behalf of Israeli institutional investors, with an aggregate deal value of US $862 million. These assets include office buildings, retail outlets, student housing facilities, and residential complexes in locations across the US, including Atlanta, Jacksonville, Houston, Washington, DC, Chicago, Las Vegas, and New York.