Day Pitney remains committed to providing quality legal counsel, while protecting our clients and employees, and transforming our communities into more just, equal and equitable spaces. For more information, please visit our COVID-19 Resource Center | Racial Justice and Equity Task Force.
Partners Peter Bilfield and Eliza Fromberg were interviewed by Law360 Pulse for the feature article, "How Day Pitney Attys Guided Client's New Property Fund Deal." The feature details how the team guided a longtime client into a new venture in real estate with the creation of a property fund that required a complicated and unique deal structure.
Bilfield noted that "this was a pretty complicated transaction and fund set up for a relatively small or modest investment in the penultimate property."
"The principals had made multiple real estate investments on their own, but this is the first time that the client was raising capital which would then be invested in a joint venture, which would invest directly in real estate," added Fromberg.
Investment Management Associate Lydia Joo Lee, Tax Partner Stephen Ziobrowski and Tax Senior Associate Justin Hannan were also key members of the transaction team.
Read the full article here (Subscription).
Day Pitney Alert
Day Pitney Alert
Due to the COVID-19 pandemic, this year's annual Day Pitney Palm Beach Family Office Forum, which had originally been scheduled for April 28 and 29, has been postponed to hopefully be rescheduled for later this year.
Day Pitney Press Release
In March 2022, Day Pitney completed a transaction in which it represented Iridian Asset Management LLC, an asset management firm based in Westport, CT and its management team (collectively "Iridian"), in connection with the "management buyout" of its founding partners and the firm's asset management business.
Day Pitney Press Release
Day Pitney Press Release
Shant Chalian's arrival to Day Pitney was included in the Connecticut Law Tribune feature article, "Lateral Moves to Big Firms in Stamford Boost Corporate Investment Teams," which focuses on recent moves to Connecticut by corporate investment attorneys.
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