transactions

  • Seatrade International Co., Inc.
  • Stock sale to American Holdco, Inc.
  • Sheehan Health Care Group
  • Sale of 5 nursing homes and 2 hospice companies
  • Groom Energy Solutions, LLC
  • Merger with an affiliate of DK Energy U.S., LLC, a subsidiary of The EDF Group of France

Real Estate

Overview

The firm maintains a diverse real estate practice that represents clients in all aspects of real estate law, including development, land use and permitting, leasing, project finance, condominium conversions, acquisitions and dispositions.  We have represented clients in nearly every type of large and small-scale commercial project, including shopping centers and malls, office buildings, and mixed-use urban centers, as well as residential developments and industrial facilities.

Real estate development
In real estate development transactions, our attorneys draft and negotiate purchase and sale agreements and other contracts, prepare zoning studies, coordinate environmental studies, review and analyze local and state permits and permitting requirements and negotiate with state and federal agencies and community groups.  They have converted a wide range of buildings into condominiums, including two-tiered condominiums.  They also review titles and analyze existing leases, as well as provide assistance in structuring acquisition financing, negotiation of financing terms, and analysis of the tax implications of proposed transactions.

Real estate financing
Posternak real estate attorneys also handle project financings, representing all types of borrowers and lenders, including domestic and foreign corporations, limited liability companies, limited partnerships, local banks, large national banks and other institutional lenders.  They have extensive experience with synthetic leasing, sale-leaseback transactions and securitized loans.

Leasing
A large portion of the firm’s real estate practice focuses on leasing, especially in the retail industry.  Clients include landlords, investors, lenders and tenants in leases for all types of projects, including regional malls, community shopping centers, stand-alone department stores, factory outlets, office buildings, restaurants and retail boutiques.

Professionals

Frank Aronson

Partner617.973.6132 fax 617.722.4953faronson@pbl.com

Gerald Billow

Partner617.973.6112 fax 617.367.2315gbillow@pbl.com

Richard Blankstein

Senior Counsel617.973.6114 fax 617.722.4906rblankstein@pbl.com

Donald Bloch

Of Counsel617.973.6169 fax 617.722.4940dbloch@pbl.com

Brian Gaudet

Partner617.973.6161 fax 617.722.4922 bgaudet@pbl.com

Kathryn Graber

Partner617.973.6196 fax 617.722.4916kgraber@pbl.com

Paul Kolovos

Associate617.973.6146 fax 617.722.4932pkolovos@pbl.com

James Lyle

Partner617.973.6293 fax 617.722.4934jlyle@pbl.com

Jo-Ann Marzullo

Partner617.973.6267 fax 617.722.4935jmarzullo@pbl.com

Michael Rubin

Partner617.973.6110 fax 617.722.4911mrubin@pbl.com

David Saltiel

Senior Counsel617.973.6246 fax 617.722.4948dsaltiel@pbl.com

Debra Scribner

Partner617.973.6115 fax 617.722.4984dscribner@pbl.com

Ann Sobolewski

Partner617.973.6120 fax 617.722.4921asobolewski@pbl.com

Christopher Tsouros

Partner617.973.6141 fax 617.722.4928ctsouros@pbl.com

Sam Webb

Partner617.973.6151 fax 617.722.4967swebb@pbl.com

Publications

Leasing Terms Everyone Should Know

Christopher Tsouros, April 27, 2017

Design & Construction

Christopher Tsouros, March 23, 2017

Condo Owners Weed Out Smoke

Boston Herald, Jo-Ann Marzullo, March 2, 2017

What You Should Know About Leasing Negotiations

Christopher Tsouros, February 2, 2017

Leasing Considerations for Startups

Christopher Tsouros, January 9, 2017

Biggest Mistakes Startups Make

Christopher Tsouros, December 13, 2016

What Likely Won’t Change Under Trump: Foreign Investment in Boston

The Boston Globe, Michael Rubin, December 2, 2016

Moulton Steps Up The Pressure For a North-South Rail Link

The Boston Globe, Michael Rubin, October 20, 2016

How to Tell if a Franchise Is a Good Investment

NCR Silver’s Small Business Smarts, Debra Scribner, October 4, 2016

Baker’s Clear he’s No Fan of North-South Rail Link

The Boston Globe, Michael Rubin, June 10, 2016

Where Are Industrial And Manufacturing Spaces Going

New England Real Estate Journal, Michael Rubin, March 18, 2016

Mandarin Hotel Sells To Parent At $140m

The Boston Globe, Michael Rubin, January 6, 2016

Boston’s Seaport: Changing The City’s Skyline

New England Real Estate Journal, Ann Sobolewski, January 5, 2016

Mayor Hikes Fees to Promote Affordable Housing Development

GlobeSt.com, Ann Sobolewski, December 14, 2015

Boston’s "Outer Urban" Real Estate Boom

New England Real Estate Journal, Kathryn Graber, November 27, 2015

Are Transit Impact Fees The Right Solution To Aid MBTA?

New England Real Estate Journal, James Lyle, November 20, 2015

Kendall Square Expansion And The Urban Lifestyle Movement

New England Real Estate Journal, Michael Rubin, September 4, 2015

Olympics could help – or work against - Gillette

The Boston Globe, Michael Rubin, July 15, 2015

Winter Storm Perils: Insurance Coverage and Lessons Learned

The Retail Law Strategist, Jo-Ann Marzullo, June 4, 2015

Is Boston Overtaxing the Back Bay Area?

New England Real Estate Journal, Sam Webb, May 15, 2015

Tropical Smoothie Café Plots North Carolina Takeover

Business & Employment News Network, Debra Scribner, April 30, 2015

How Can I Possibly Be Liable for A Non-Recourse Loan?

Retail Law Strategist, Jo-Ann Marzullo, September 11, 2014

BroadSide: Crosby Limits Role in Casino Decision

NECN BroadSide, Michael Rubin, May 8, 2014

State’s Rail Trail Development Safe

Worcester Telegram, Jo-Ann Marzullo, April 30, 2014

Boston's Hotel Market Heats Up

Banker & Tradesman, Sam Webb, January 20, 2014

Keep Mortgage Loan Promises – Or Else

Retail Law Strategist, Jo-Ann Marzullo, December 9, 2013

Market Anxiety Over Shutdown to Stall RE Deals

Law 360, Michael Rubin, October 1, 2013

Development Challenge for Next Boston Mayor

NECN, Michael Rubin, September 23, 2013

Critics: Eminent Domain No Fix For Underwater Loans

Boston Business Journal, Frank Aronson, August 9, 2013

Can You Shoot a Drone Out of the Sky Above Your Property?

Lawyers.com, Rosanna Sattler, July 2, 2013

Easy Money, High Interest

Banker & Tradesman, Michael Rubin, June 17, 2013

Non-Victims Line Up for Foreclosure Settlement Funds

Boston Business Journal, Michael Rubin, June 14, 2013

Single-Family REIT IPOs Are Risky Bet

Frank Aronson, May 31, 2013

Watch City Rises . . . Again

Boston Business Journal, Startups & Venture Capital Blog, Frank Aronson, April 5, 2013

Boston Developers Eye Post Menino Future

NECN, Christopher Tsouros, March 28, 2013

Eminent Domain Concept in Brockton Faces Hurdles

Boston Business Journal, Frank Aronson, March 8, 2013

Towns Mount Opposition to Marijuana Dispensaries

Banker &Tradesman;, James Lyle, December 31, 2012

Commercial Real Estate Industry Awaits Outcome of 2012 Presidential Election

Banker & Tradesman, Michael Rubin, November 5, 2012

Fighting Foreclosure in the Bay State

NECN, James Lyle, September 5, 2012

Beyond Bankruptcy Basics—Practical Advice Regarding Tenant Bankruptcies

Retail Law Strategist , Laura Otenti, June 8, 2012

The Commercial Real Estate Market in Boston

WRKO, James Lyle, May 21, 2012

'Short sales' rising in real estate

NECN, Michael Rubin, April 23, 2012

Billboard Fight: The Kraft Group Vs. Foxborough

Fox 25 Morning News, Christopher Tsouros, March 28, 2012

Construction upswing: New jobs.

Fox 25 Morning News, James Lyle, March 19, 2012

Menino to Google: We want you

NECN, Michael Rubin, March 7, 2012

Hope for the Hole of the Hub

New England Cable News, James Lyle, February 6, 2012

Retail Lease Review Checklist

The Practical Real Estate Lawyer, Jo-Ann Marzullo, March 9, 2011

Changing Strategies to Maximize Landlord Bankruptcy Claims

Retail Law Strategist, Jo-Ann Marzullo, April 15, 2009

Landlocked Tidelands Exemption Restored

Jo-Ann Marzullo, November 15, 2007

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