The real estate capabilities of Baker McKenzie Abogados, S.C. take in a range of advisory and transactional mandates, namely sales and acquisitions, purchase and lease agreements, financings and transactional due diligence. The group, which stands out for its ability to call upon lawyers based in Mexico City, Monterrey, Guadalajara, Ciudad Juárez and Tijuana, is co-directed by Monterrey-based Juan Bernardo García, who chairs the firm’s global real estate practice group and majors on real estate transactions, agrarian law and projects. Taking leadership alongside him are Tijuana-based national group managing partner José Larroque, who handles the acquisition, development and financing of real estate and infrastructure projects in Mexico and Latin America; and Guadalajara-based Fabián Monsalve, who leads the firm’s North American real estate practice and specialises in matters of foreign investment, M&A, real estate and infrastructure. Additional key contacts at the Guadalajara office are Juan Carlos Guerra-Gascon (real estate, mining, agrarian, infrastructure and project finance transactions); and associate Alejandra Muriel Vizcaino (real estate, urban development and environmental matters). Names to note in Monterrey include Gabriela Saucedo Garza, who was promoted to the partnership in January 2025; and senior associate Alexandra Cavazos de la Rosa (projects, corporate and commercial law, real estate). Ciudad Juárez-based associate Carlos Maass-Porras focuses on real estate, infrastructure, and renewables and oil-and-gas projects.

The expertise of the practice at Basham, Ringe y Correa, S.C. is centred on handling transactional, financing and advisory real estate mandates, namely the purchase, sale, leasing and financing of industrial, hospitality, retail and residential properties. Land use and zoning issues, wastewater discharge authorisations and the reclassification of ejidal land are additional areas of focus. Key contacts at the Mexico City office include Juan José López de Silanes, Juan Carlos Serra, Jesus Colunga and Gerson Vaca, all of whom specialise in corporate, M&A and real estate matters. Monterrey-based Carlos Velázquez de León and Rodrigo Gardner and Querétaro-based Luis Luján major on corporate, M&A, real estate and matters of foreign investment.

The ‘professional and experienced’ team at Cacheaux, Cavazos & Newton is well-versed in advising manufacturers, developers and construction firms on the construction, development, financing and acquisition of industrial real estate. Leadership of the practice is shared between US-based founding partners René Cacheaux and Daniel Cavazos; Jorge Ojeda, who splits his time between Monterrey and San Antonio; and Mario Melgar, who works from Mexico City and San Antonio. ‘Outstanding partner’ Ojeda, who is lauded as ‘well-connected in the Monterrey business environment’, specialises in advising commercial and industrial real estate developers throughout Mexico on a range of transactional and advisory mandates. Melgar, for his part, majors on assisting manufacturing, agriculture and automotive-sector clients on M&A, contract law and real estate matters.

The practice group at Cannizzo, Ortiz y Asociados SC is well-versed in advising investment funds, real estate funds, hospitality and leisure companies and REITs on a range of advisory and transactional real estate mandates. The team is frequently instructed to assist with hotel, residential, and commercial projects and has expertise in planning and zoning mandates and the drafting of construction contracts. Leadership is shared between Carlo Cannizzo, who focuses his practice on real estate, infrastructure, construction and M&A transactions; and Mauricio Moreno Rey, who specialises in hospitality, industrial, commercial and residential real estate mandates. Roberto Cannizzo, Marco Cannizzo, Enrique García and Stefano Amato also provide key support, while Emiliano Quiroz is the key name to note at associate level.

CMS Woodhouse Lorente Ludlow‘s real estate group routinely assists developers, institutional investors and lenders with purchases, leases and sales, the administration of real estate portfolios and the structuring of financings. Additional areas of expertise include the drafting of documents for obtaining land use rights and rights of way, the structuring of joint ventures for the development of real estate and related due diligence work. The practice is directed by Cesar Armando Lechuga Perezanta, who specialises in advisory and transactional real estate and infrastructure mandates involving the industrial, commercial and retail sectors. Also noted are infrastructure specialist Enrique Lorente Ludlow; and associate Luis Mora y Medrano, who has focused his practice on real estate and energy law.

The group at Creel Abogados, SC routinely advises investors, developers and financial institutions and on real estate transactions and development mandates. Following the March 2024 departure of Alfonso Razú, Gustavo Struck Creel is the key name to note.

The ‘robust’, ‘dynamic’ and ‘well-connected’ practice group at Creel, García-Cuéllar, Aiza y Enríquez, S.C. is well-placed to handle the gamut of transactional, financing and regulatory real estate mandates. Core areas of expertise include the acquisition, leasing and transfer of Mexican real estate assets; the development, management and operation of real estate projects; and permitting, zoning and agrarian matters. The firm’s corporate law strength is reflected in its work on joint ventures and real estate fund formation, and both multinational and domestic developers, tourism and hospitality companies, real estate funds, CKDs, CERPIs and FIBRAs regularly look to the group for support. Leadership is shared between Mexico City-based Carlos de Icaza and Monterrey office lead Francisco Montalvo, De Icaza draws on experience providing investors with environmental, real estate and transactional advice for their Mexican ventures involving tourist, retail and residential properties. Montalvo, for his part, specialises in the acquisition and divestiture of assets in northern Mexico, while allso based in Monterrey, Badir Treviño-Mohamed is noted for his knowledge of regulatory and transactional real estate mandates. Additional key contacts at the Mexico City office include Carlos del Río (M&A, private equity and real estate transactions); counsel Alejandro Castelló, who assists pension funds and with real estate investments and environmental matters; and associate Brenda Elizondo. Counsels Valentina Villa and Carlos Yamamoto left the firm in November and December 2024, respectively.

The team at Galicia Abogados S.C. draws on extensive experience assisting local and international investors, including banks, real estate developers, hotel groups and corporates, with a wide range of commercial, industrial, and residential Mexican real estate mandates. Core areas of expertise for the group include real estate finance, land acquisitions, leases and sales, financings, joint ventures and related regulatory and environmental and regulatory matters. The practice is co-directed by Ramiro Sandoval, who majors on M&A, private equity and real estate transactions; and Rodrigo Rivera, who advises clients on the structuring of corporate, real estate, project and debt financing transactions. Roxana Schäfer, who was promoted to the partnership in January 2025, while Monterrey-based senior associate Mariana Islas specialises in real estate development, leasing and M&A transactions in the real estate space.

The practice at Garrigues was substantially bolstered by the office’s merger with local firm Sanchez Devanny, which was announced in July 2024 and was completed in February 2025. The move leaves the resulting entity with offices situated in Mexico City, Monterrey and Querétaro. The group’s real estate capabilities encompass acquisitions, leases and sales of industrial and retail properties, purchase and construction agreement and the structuring of real estate investment vehicles. Key contacts include Monterrey-based Rafael Villamar Ramos and Querétaro-based Diego Gómez-Haro Katznelson.

Lauded for its 'extensive knowledge of the sector and a deep business understanding', the team at Greenberg Traurig, S.C. is well-versed in real estate development and finance, for which it is frequently instructed by developers, lenders, REITs, operators, investment managers and private equity funds. Core areas of expertise include property acquisition and investment, development, management, leasing, financing and disposition for retail, office, industrial, residential and tourist real estate alike. A recent standout matter saw the team act as lead counsel for Accor in the sale of its shares in FHMK to RLH Properties. Leadership is shared between Antonio Diez de Bonilla Martínez, who focuses on M&A transactions, joint ventures and development and management transactions; and Gerardo Carrillo Valadez, who specialises in the sale, acquisition, financing and development of real estate. Also noted are: Eduardo Medina Zapata, who majors on tax consulting, corporate reorganisations and the structuring of real estate investment funds and joint ventures; Roberto Guerrero (corporate law, M&A and real estate finance); and Julio Sardina (transactional, financing and regulatory real estate matters). Associate Tony H. Centurión Paredes left the firm in December 2024.

The practice group at Hogan Lovells is well-placed to advise on the purchase, leasing and sale of real estate, as well as related contentious, environmental and administrative matters. Real estate developers, banks and companies in the pharmaceutical, automotive, retail and tech segments regularly look to the group for support. Leadership is shared between Juan Francisco Torres Landa, who specialises in corporate and commercial law, project finance and real estate transactions; Ángel Domínguez de Pedro, whose broad practice encompasses real estate, project finance, M&A, shareholder disputes and antitrust; and Guillermo González Frankenberger, who handles M&A transactions, real estate and corporate governance matters. Torres Landa and Domínguez de Pedro are both based in Mexico City, while González Frankenberger is stationed in Monterrey. Senior attorney Fernando Medina Luna (commercial, corporate and administrative law); and senior associate Ana Lucía Gutiérrez Fernández (real estate transactions and corporate and commercial matters) are additional key contacts; both are based in the capital.

The team at Holland & Knight México, S.C. is well-placed to advise developers and financial institutions on the development and financing of hospitality, industrial, commercial, retail and residential real estate projects. Additional areas of expertise for the group include tax structuring, environmental and urban planning and the structuring of REITs. The practice is jointly directed by Mexico City-based Adrián Gay Lasa and Guillermo Uribe, along with Monterrey-based Francisco Andrés Gámez Garza. Gay Lasa specialises in advising Mexican and international companies on corporate finance transactions, asset-backed securitisations and commercial leasing mandates; Uribe majors on real estate acquisitions, capital markets transactions and structured finance matters. Gámez Garza, for his part, focuses on corporate law, M&A, financings and real estate transactions. Also based in Monterrey, senior counsel Glafira Mercado deals with sales, acquisitions, dispositions, joint ventures, leases and construction. Mexico City-based Jorge González Carlini is the key name to note at associate level.

The real estate practice group at Ibarra, del Paso y Gallego is equipped to advise local and international companies, developers and hotel groups on development, acquisition and leasing matters. The practice is also highlighted for its capabilities in advising on the structuring of REITs and financing mandates across the industrial, retail, hospitality and office segments. Firm co-founder Carlos Ibarra Fernández directs the practice and specialises in real estate and M&A transactions and the development of infrastructure projects. Also noted are co-founder Gerardo Gallego, who majors on corporate law, corporate governance and real estate transactions; and Alfonso Pulido, who has focused his practice on advising pension funds, private equity funds and FIBRAs on the acquisition of industrial and commercial real estate portfolios. The key names to note at associate level are Jorge Cobos and Fernando González, both of whom deal with M&A and real estate transactions.

Working from offices in Mérida and Cancún, boutique firm Macari & Gongora routinely assists investors with real estate development and tourism-related transactions, above all those located in Southeastern Mexico. Mérida-based Pedro Góngora Urcelay is the key contact.

The team at Mijares, Angoitia, Cortés y Fuentes S.C. is well-placed to advise developers, investors, REITs, construction companies and hospitality groups on transactions, financings and regulatory mandates in the real estate space. Corporate real estate work, including M&A transactions and joint ventures, is an additional pillar of practice for the firm. A recent highlight saw the group advise Banco Multiva on the granting of a credit facility for up to MXN $560m to finance the acquisition of the Real Inn hotel chain by Corporativo DSC-FPNM. Practice co-head Lorenza Langarica specialises in real estate acquisitions, financings and joint ventures and has extensive experience with respect to the hospitality, retail and logistics segments. Co-leading alongside her, Eugenio Macouzet focuses on M&A transactions, joint ventures, strategic partnerships and real estate finance. Also noted are Carlos Jiménez Cantú, who handles financings and public and private debt and capital offerings; Ignacio Armida, who deals with general corporate law matters and real estate transactions; and tax specialist Armando Elsharkawy, who routinely advises industry players on strategic investments and asset acquisitions. Associate Bernardo Solórzano majors on transactional real estate mandates.

Boasting a 'combination of technical strength and commercial acumen', in the words of one client, the 'versatile' and 'diligent' real estate team at Nader, Hayaux y Goebel, SC is equipped to handle transactional, regulatory and financing mandates alike. The team, noted for its 'extensive experience' by another client, regularly handles purchase, lease and sale agreements, joint ventures, the structuring of foreign investment trusts and development matters on behalf of banks, asset management funds and hotel groups. Leadership of the practice is shared between Michell Nader (structured and acquisition finance, M&A, banking, capital markets, real estate transactions and workouts); and Vanessa Franyutti, who has particular expertise in hospitality real estate deals. Alejandro Rojas, who garners praise for his 'ability, experience and loyalty to his clients', majors on corporate law, banking and finance and real estate acquisitions. Also noted are of counsel Federico Vergara (banking and finance, project finance, real estate, M&A and private equity matters) and associate Fernando Castillo (project finance, real estate, energy and infrastructure, capital markets, banking and finance).

Founded in 2008, O'Gorman & Hagerman has established a strong reputation as a leading firm in agrarian law and real estate matters, with offices strategically located across Mexico, including key bases in Mexico City, San Luis Potosí and Ciudad Obregón, Sonora. The firm is particularly renowned for advising on rights of way for major infrastructure projects, namely highways, railways and pipelines, as well as uniting ejidatarios to negotiate land use for energy projects, data centres and other strategic developments. Additional core areas of expertise include audit processes, land acquisition and regularisation, contract drafting and dispute resolution. Prominent domestic and multinational corporations in the retail, energy, infrastructure and financial services sectors, along with government bodies, routinely look to the team for support. Key contacts include managing director Pablo Gutiérrez de la Peza Gutiérrez (agrarian law, real estate, major infrastructure projects); legal director Pablo Martínez Arizpe Gudiño; Julio César Medina Tovar and Andrés Armida Moreno Lacalle (advisory and contentious agrarian law and real estate matters); and Luis Hurtado González.

The real estate practice at Pérez Correa González is well-versed in a range of real estate transactions that includes land acquisitions, leases and sales, real estate finance mandates and M&A transactions. The firm is also a key port of call for domestic and multinational corporations, banks, non-bank financial institutions, investment funds and tech companies. Leadership of the group is shared between Luis González, who specialises in private equity and venture capital mandates, matters of foreign investment, M&A and real estate transactions; Omar Aguilar, who focuses on financial and commercial transactions, contracts negotiation and M&A; and Emilio Carrillo, who handles banking and finance, fintech, M&A and real estate mandates. Counsel Juan Carlos Izaza, who was promoted to his current role in June 2024, deals with private equity, venture capital, M&A and real estate transactions. Associate Omar Sarabia majors on corporate, real estate, M&A and banking transactions.

Recently strengthened by its July 2024 integration of González Calvillo, the Mexican team at Madrid-headquartered Pérez-Llorca further reinforced its position in the market with the January 2025 hires of real estate and corporate specialists and SMPS Legal ex-practice co-heads María Teresa Paillés and María Esther Rey. Paillés now directs the practice, which is well-placed to advise on the purchase, leasing and sale of real estate, financing mandates and a variety of regulatory matters. Developers, lenders, investment banks, pension funds and real estate investment funds routinely look to the group for support. Key names to note include Alfredo Chávez Goyeneche, who focuses on corporate law, regulatory issues, real estate and project development; senior associate Haydeé Montserrat González Tavira (real estate and M&A transactions, contract negotiation and construction); and associate Joaquín Alcalá Cuéllar (corporate, M&A and real estate).

‘Deep industry knowledge, strategic approach and ability to handle complex structures with precision and efficiency’ are the calling cards of the practice at Ritch, Mueller y Nicolau, S.C.. The group is noted for its capabilities in financings and refinancings; purchases, sales and leases; and the formation of private and public real estate funds. Recent mandates of note have included advising Proximity Parks on the acquisition of an industrial portfolio located in Mexico City; and assisting Thor Urbana Capital with the acquisition of a resort and vineyard located in Ensenada, Baja California. Leadership is shared between Javier Domínguez Torrado and Jean Paul Farah Chajín. Domínguez Torrado specialises in real estate transactions and financings, capital and debt offerings in Mexico and abroad, secured and unsecured financings and M&A; Farah Chajín majors on banking and finance, capital markets, real estate finance, projects and restructuring work. Key contact Santiago Carrillo Cattori, who is praised for his ‘exceptional knowledge’ and ‘ability to lead complex transactions with a high level of sophistication’, deals with financings, acquisitions and developments across all real estate asset classes, with a particular emphasis on industrial and hotel assets. Gabriel Torres covers portfolio acquisitions, development and construction, joint venture agreements and fund formation.

Sainz Abogados‘s real estate practice is well-positioned to assist with development, investment and financing mandates, namely land acquisitions, the structuring of legal vehicles, environmental and zoning matters, and sale and financing transactions. The team’s diverse client base includes property developers, lenders, investment managers, private equity funds, real estate investment trusts and private owners. The department is led by Daniel Saltzberg, who focuses on real estate development, financings and acquisitions, as well as assisting developers and private equity funds with asset management. Also noted are Manuel Corona Artigas, who advises real estate developers and landlords on industrial, commercial and residential transactions; counsel Ximena Hernández (real estate, corporate and M&A, compliance); and associate Lucía Laganá (real estate transactions, private equity, finance and restructurings).

The real estate capabilities of Santamarina y Steta take in the structuring of real estate M&A transactions, the creation of special purpose entities, the negotiation of purchase agreements and handling real estate-related litigation and arbitration. The team also advises domestic and international clients on the tax-efficient structuring of real estate investments, covering capital gains taxation, VAT strategies and cross-border real estate investment planning. Mexico City-based practice head Vicente Grau specialises in industrial developments, commercial real estate investments and land acquisitions. Claudia Rodríguez, who is also based in Mexico City, majors on real estate, environmental, indigenous consulting and estate planning mandates. Key contacts at the Monterrey office include Heriberto Garza (real estate, environmental, estate planning, M&A and banking law); and associates Luis Carlos Gómez (real estate and environmental law); and Mauricio Barraza (corporate law, real estate and infrastructure financing matters). Yakov Kobets left the firm in December 2024.

The team at SMPS Legal covers a broad range of real estate mandates that includes land purchases, leases and sales, financing, development and construction work. Following the January 2025 departures of ex-practice co-heads María Teresa Paillés and María Esther Rey, the practice is co-led by Andrés Pizarro Suárez and Eduardo Pizarro Suárez. Both are noted for their expertise in advising developers, creditors and investors on real estate and asset transactions, including purchases, lease agreements and financings of office, retail, industrial and residential properties. The key names to note at senior associate level are Andrés González (real estate, corporate and financial transactions); and Nadiezhda Vázquez Careaga (corporate, real estate and M&A).

Real estate boutique TA Trujillo Abogados is equipped to advise local and international clients on the development, acquisition and disposition of real estate of all asset classes in Mexico, including industrial, retail, office, hospitality and residential properties. The team has additional expertise in the structuring of investment vehicles and joint ventures, real estate portfolio financing, legal due diligence and lease negotiations. Alejandro Trujillo steers the practice and specialises in joint ventures, acquisitions, project management and the financing of real estate portfolios. Additional key contacts include transactional specialist José Miguel López González; Oscar Eduardo Arroyo Padilla, who majors on assisting financial institutions and investors with the structuring of financing and real estate operations; Guillermo Christy, who handles financing, the setup of investment vehicles, due diligence, and reports on risk assessments; and Monterrey-based Federico Villarreal, who deals with the negotiation of purchase, sale, construction and lease agreements for industrial and retail properties.

Von Wobeser y Sierra, SC‘s real estate team offers capabilities across property acquisition, leasing and disposition; regularisation and development; financing; and the conversion of ejidal land (ejidos) into private property. The group benefits from the firm’s broader expertise in litigation, corporate and M&A, finance, environmental and tax law and is regularly called upon by developers, investors and funds. The department is directed by Pablo Saez, who advises on real estate deals, corporate law, M&A and urban development. Additional key contacts include Raymundo Soberanis (real estate, compliance, restructuring and dispute resolution); Javier Betancourt (corporate and M&A, real estate and banking and finance); and counsel Manuel Martínez (real estate and corporate and M&A). Counsel Rodrigo de los Ríos departed in October 2024, as did Alejandro Orellana in March 2025. However, transactional real estate-focused associate Eliana González joined the firm from WeWork in November 2024.