At Gibson, Dunn & Crutcher LLP, the REITs practice is jointly led by Brian Kniesly and David Perechocky and advises across the full lifecycle of public and private REITs. The team regularly represents lenders, investors, sponsors, and real estate private equity firms on a wide range of REIT-related transactions and strategic matters.

Spread across Los Angeles, New York, and Newport Beach, O'Melveny's REIT practice includes Michael Hamilton and Malcolm Montgomery, who demonstrate expertise in the real estate and finance aspects of the REIT space.

Co-headed by Yoel Kranz and Mark Opper, the team at Goodwin is well recognized for its expertise in capital markets matters, frequently advising issuers and underwriters on IPOs, unsecured debt offerings, ATM programs, and equity transactions. The firm is also adept at advising on non-traded REITs. Kranz, who is based in New York, is sought after for advising public and private companies on M&A and corporate and securities matters. Opper leads from Boston and is recognized for his work on M&A, securities offerings, corporate governance matters, and private real estate investment funds. Ettore Santucci, also based in Boston, represents publicly traded REITs and real estate operating companies in corporate finance, including IPOs, as well as M&A, corporate governance, and securities matters. With a focus on REITs and real estate operating companies, Boston-based Christopher Versfelt advises on corporate and securities matters for public and private companies. Audrey Leigh advises on public and private capital markets transactions across the real estate and specialty finance sectors from New York.

Hogan Lovells US LLP has a long-standing REITs practice advising on IPOs, M&A, capital markets, corporate governance, and joint ventures for publicly traded and non-traded REITs. The team is regularly instructed by REITs and underwriters on complex capital-raising and strategic transactions. Washington DC-based David Bonser anchors the practice, bringing more than 30 years of experience advising real estate companies on IPOs, private placements, fund formations, and M&A. Tax capability is a key differentiator, with Cristina Arumi and Prentiss Feagles advising on REIT and partnership tax structuring across IPOs, UPREIT formations, REIT conversions, rollups, and cross-border real estate investments. On the corporate and securities side, Mike McTiernan supports traded and non-traded REITs and underwriters on public offerings, SEC reporting, and governance matters, while Stacey McEvoy advises on REIT-related M&A, joint ventures, and restructurings. The practice is further supported by Lauren Clarke’s work on REIT tax planning and capital markets transactions, and the recent arrival of James Davidson in April 2025 strengthens the team’s bench in real estate and corporate matters.

Latham & Watkins combines real estate, capital markets, and tax expertise to advise REITs on a wide range of transactional and financing matters across multiple asset classes, including large-scale IPOs, M&A, and debt and equity offerings. The practice is co-headed by Los Angeles–based Julian Kleindorfer, Lewis Kneib, and Ana O'Brien, bringing together extensive capital markets and tax experience. Kleindorfer has advised on numerous securities offerings for REITs and real estate companies, while Kneib regularly acts as outside counsel to REITs and investment banks on equity and debt offerings, private placements, and tender and exchange offers, including acting as underwriters’ counsel. O’Brien focuses on the federal taxation of REITs, advising on formations, capital markets transactions, joint ventures, and strategic investments. Tax partner Pardis Zomorodi advises REITs on formations, mergers and acquisitions, securities offerings, and ongoing operational tax matters, including IRS rulings. Brent Epstein advises REITs on public offerings and capital markets transactions. Michael Rechtin recently joined the firm.

Sidley Austin LLP is recognized for its strong REITs practice, advising public and private REITs across a broad range of asset classes, including office, hospitality, healthcare, storage, and mortgage sectors. The team regularly handles M&A, capital markets offerings, formations, and complex corporate transactions. The practice is co-headed by New York-based J. Gerard (Jerry) Cummins, who brings extensive experience advising on capital markets transactions involving equity and mortgage REITs, and fellow New York-based partner Bartholomew (Bart) Sheehan III, who represents issuers and underwriters in public and private debt and equity offerings, with a particular emphasis on REITs. Also in New York, Jason A. Friedhoff focuses on REIT IPOs, securities offerings, fund formations, and M&A, advising issuers, underwriters, and real estate fund managers, while Edward Petrosky advises on IPOs, follow-on offerings, and debt and equity securities transactions. Washington DC-based Sonia Gupta Barros advises on corporate governance, SEC compliance, and disclosure matters affecting REITs. New York-based tax partner Christian Brause and Los Angeles-based Ivy Jones advise on REIT formations, conversions, M&A, joint ventures, and capital markets transactions.

One of the go-to Maryland counsel for REITs, the Ballard Spahr LLP team is experienced in advising both public and private REITs on corporate, securities, tax, real estate, and bankruptcy matters. Douglas Fox is knowledgeable in corporate, securities, and business law relating to REITs and frequently advises boards of directors and special committees on capital raising, corporate governance, and M&A. Charles Moran is sought after for his extensive experience representing public and private entities in corporate governance and corporate law matters. Craig Ganz regularly handles M&A transactions for buyers and sellers, while Wendi Kotzen is an integral team member. J. Thomas Bashore II focuses on entity formation, corporate governance, securities offerings, and advises REITs, funds, and related entities on Maryland law.

DLA Piper LLP (US) is recognized for its strong REITs practice, advising public listed and non-traded REITs on corporate, capital markets, and tax matters throughout their lifecycle, including formations, roll-ups, IPOs, secondary equity and debt offerings, OP unit and DownREIT transactions, and complex M&A, financing, and restructuring matters. The team also represents investment banks in public and private REIT securities offerings and is particularly active in the non-traded REIT space, supported by a dedicated national REIT tax practice. Raleigh-based Robert Bergdolt leads the US REIT subgroup and advises on REIT offerings, mergers and acquisitions, and strategic transactions. New York-based Shiukay Hung heads the US REIT tax subgroup and is regularly instructed on complex REIT tax structuring matters. Also in Raleigh, Laura Sirianni focuses on securities offerings, SEC reporting, and corporate governance matters involving REITs. Chicago-based Katie Philippart LaKoma advises REITs and underwriters on REIT tax aspects of IPOs and public and private equity and debt offerings, as well as ongoing tax matters.

Noted for its ‘impressive’ REITs team, Morrison Foerster advises publicly and privately held REITs on debt and equity issuances, capital raising, formations, joint ventures, and M&A transactions across a range of asset classes, including healthcare, retail, digital infrastructure, and commercial mortgage assets. The practice is co-led by Washington DC-based Alice Connaughton, who advises REITs and real estate companies on corporate matters and securities offerings, and New York-based Larry Medvinsky, who represents REITs, issuers, and underwriters in IPOs, capital markets transactions, joint ventures, and fund formations. Also in Washington DC, Justin Salon focuses on corporate finance matters involving REITs, including IPOs, public and private offerings, and debt financings. San Diego-based tax partner Shane Shelley advises REIT clients on tax structuring and transactional matters, while Washington DC-based Emily Beers represents REITs and investment banks in IPOs, follow-on offerings, and private placements. David Slotkin left the firm in January 2025.

Simpson Thacher & Bartlett LLP has ‘excellent breadth across M&A, real estate and tax’, advising clients on the full spectrum of REIT transactions, including M&A, joint ventures, public and private equity and debt financings, IPOs, spin-offs, corporate governance, and REIT formations. The team regularly advises public and non-traded REITs, private equity sponsors, and investment banks on capital markets and strategic transactions. Practice lead Sasan Mehrara, in New York is adept in real estate transactions, and M&A as well as disposition related to REITs. New York-based Brian Stadler advises REITs on acquisitions, dispositions, leveraged buyouts, and joint ventures. Also in New York, Edgar Lewandowski focuses on capital markets matters, representing REITs and underwriters in IPOs and equity and debt offerings, while Benjamin Wells advises on REIT formations, securities offerings, and regulatory matters. Fellow New York-based partner Matt Rogers advises on complex M&A transactions, including leveraged buyouts and joint ventures. Washington DC-based Daniel Honeycutt focuses on REIT structures, formations, and acquisitions, with particular experience advising private and non-listed REITs across multiple asset classes and investment strategies.

With a well-established focus on REIT structuring, tax, and transactional matters, the team at Sullivan & Worcester LLP advises public and private REITs across formations, IPOs, capital markets offerings, and corporate restructurings. The group is particularly active in REIT tax structuring, including cross-border transactions and compliance with REIT qualification requirements, and regularly advises domestic and foreign investors on REIT investments. The Boston-based practice is led by Angela Gomes, who advises REIT clients on corporate finance, securities compliance, and governance matters. Tax director Ameek Ashok Ponda focuses on domestic and international tax issues involving REIT formations, conversions, and cross-border transactions. Louis Monti advises REITs on acquisitions, dispositions, and financings across multiple real estate asset classes. Sarah Wellings focuses on REIT structuring, compliance, and formation matters. Washington DC-based Cameron Cosby joined the firm in April 2025 and advises REITs on capital markets transactions, mergers and acquisitions, and joint ventures.

Led by Baltimore-based Michael Schiffer, Venable LLP’s Maryland corporate practice advises publicly traded, non-listed, and private REITs on corporate law matters, including IPOs, equity and debt offerings, mergers and acquisitions, spin-offs, and other strategic transactions. The team regularly advises REIT boards and board committees on corporate governance, directors’ duties, takeover defenses, conflicts of interest, and change-of-control matters. Schiffer advises publicly and privately held REITs on mergers and acquisitions, securities offerings, financings, and governance issues. Also in Baltimore, James Hanks regularly serves as independent counsel to REIT boards and committees on governance matters, stockholder litigation, and conflicts issues. Patricia McGowan advises REITs on corporate governance, capital markets transactions, and M&A. Christopher Pate represents public and private REITs in major transactions, securities offerings, and formation matters. Carmen Fonda focuses on corporate law, advising REITs on formations, governance, and capital markets transactions.

Clifford Chance advises listed and non-listed equity and mortgage REITs on a wide range of capital markets, M&A, joint venture, and governance matters, acting for both US and international clients across traditional and emerging real estate asset classes. The multidisciplinary team combines capital markets, corporate, real estate, finance, and tax expertise to support REIT clients from formation through capital raising and strategic transactions. Andrew Epstein advises issuers, underwriters, and sponsors on capital markets and M&A transactions involving REITs. Jason Myers focuses on REIT capital raising, including IPOs, private placements, and joint ventures, and also advises on governance and compliance matters. Kathleen Werner represents REITs and investment banks in securities offerings and corporate transactions. Jay Bernstein advises REITs and sponsors on complex capital raising and strategic transactions, while Jake Farquharson focuses on REIT-related capital markets transactions, joint ventures, and corporate finance matters.

Fried, Frank, Harris, Shriver & Jacobson LLP maintains a well-established REITs practice advising public and private REITs on capital markets, M&A, and tax matters across a range of asset classes. The team is led by Washington DC-based Stuart Barr, who heads the REIT practice and advises on complex REIT IPOs, securities offerings, and strategic transactions involving hospitality, multifamily, office, and data center assets. New York-based Libin Zhang focuses on REIT tax structuring, advising REITs, fund managers, and investors on real estate transactions, joint ventures, and cross-border matters. Todd Pollock advises US and international clients on REIT-related tax matters, including fund formations, mergers and acquisitions, and investment structuring. Cameron Cosby departed the firm in April 2025.

Greenberg Traurig advises public, non-traded, and private REITs on capital markets, transactional, and tax matters, including IPOs, follow-on offerings, mergers and acquisitions, and real estate financings. The practice is co-headed by Robert Ivanhoe, who focuses on sophisticated real estate transactions involving acquisitions, dispositions, restructurings, and financings across asset classes, and Joseph Herz, who concentrates on capital markets and M&A transactions involving traded and non-traded REITs, regularly representing issuers and underwriters in equity and debt offerings. Tax partner Timothy Donovan advises REITs and their operating partnerships, real estate funds, and joint ventures on federal income tax matters, including structuring and compliance, as well as the tax implications of foreign investment in US real estate.

With a ‘focus on representing mortgage REITs’, Hunton Andrews Kurth LLP regularly advises issuers and underwriters on capital markets transactions involving equity and mortgage REITs, including IPOs and public offerings. The practice also demonstrates particular strength in hotel and specialty REIT transactions. Washington DC-based Robert Smith advises on capital markets and M&A transactions involving mortgage and equity REITs, frequently acting for issuers and underwriters. Richmond-based Kendal Sibley focuses on federal income tax matters affecting REITs, including capital markets transactions, fund formations, and mergers and acquisitions. George Howell advises on REIT tax structuring, securitizations, and complex financial products. Kate Saltz advises REIT issuers and underwriters on corporate and securities transactions, including ATM offerings, public offerings, and strategic transactions across multiple REIT asset classes.

King & Spalding advises public and private REITs on a wide range of transactions, including capital markets offerings, fund formations, recapitalizations, M&A, and complex equity and debt financings, often involving cross-border elements. The Atlanta-based team is led by Spencer Johnson, who heads the firm’s REIT practice and advises private equity sponsors, investment banks, and REITs on capital raising, fund formations, and strategic transactions. Gibbs Fryer focuses on real estate capital markets, representing REITs and institutional investors in financings, joint ventures, and corporate transactions. Kathryn Furman advises public and private REITs on fund formations, M&A, and joint ventures. Wayne Pressgrove advises REITs and real estate private equity funds on structuring matters, fund formations, acquisitions, and cross-border investment transactions.

Kirkland & Ellis LLP advises public and private REITs on a wide range of transactional, tax, and capital markets matters, including M&A, joint ventures, IPOs, portfolio transactions, financings, restructurings, and corporate governance. The team operates on an integrated, multidisciplinary basis, combining real estate, tax, and corporate expertise to support REIT sponsors and investors across traditional and emerging asset classes, including digital infrastructure and data centers. New York-based Mike Beinus advises public and private REITs, real estate funds, and private equity sponsors on complex tax structuring matters, including mergers and acquisitions, restructurings, and securities offerings. Washington DC-based Dave Levy advises REITs, private equity sponsors, and institutional investors on real estate transactions, including acquisitions, securities offerings, structured financings, and restructurings, with experience spanning both equity and mortgage REITs across a broad range of asset classes.

Mayer Brown brings longstanding experience advising public and private equity and mortgage REITs on a wide range of capital markets, structured finance, and corporate transactions, including IPOs, follow-on offerings, securitizations, and M&A. The team regularly represents REITs, underwriters, and investors in formations, UPREIT and DownREIT structures, roll-ups, and complex financings, and is also active in advising mortgage and data center REITs. New York-based Anna Pinedo leads the practice and advises REITs on financings, strategic transactions, and corporate governance matters. Chicago-based Haukur Gudmundsson represents mortgage REITs, issuers, and investors in structured finance and capital markets transactions. Also in New York, Brian Hirshberg advises REITs on capital markets transactions.  Liz Walsh has joined the firm, further expanding the REIT practice.

Vinson & Elkins LLP advises public and private REITs on capital markets transactions, including securities offerings, ATM programs, investment grade debt offerings, and strategic corporate matters. The team is led by Daniel LeBey in Richmond, who focuses on capital formation, M&A, joint ventures, and corporate governance matters involving REITs and commercial real estate companies. Greg Cope, based in Washington DC, advises REITs, sponsors, and underwriters on IPOs, equity and debt offerings, fund formations, and strategic transactions. Christopher Green, also in Washington DC, focuses on capital markets, securities, and M&A transactions involving equity and mortgage REITs, advising issuers, sponsors, and investment banks. Paige Anderson in Richmond advises REITs and investors on tax structuring matters, including REIT formations, capital markets transactions, joint ventures, and cross-border investments.

Weil, Gotshal & Manges LLP advises public and private REITs on a range of real estate and corporate transactions, including joint ventures, debt offerings, acquisitions, divestitures, and restructurings. The team regularly represents REITs, private equity sponsors, and institutional investors on complex real estate transactions across multiple asset classes. New York-based Thomas Henry advises REITs and real estate investors on acquisitions, dispositions, financings, joint ventures, and restructuring matters, including large-scale and cross-border transactions. Also in New York, Jannelle Seales, co-head of the real estate practice, focuses on financings, joint ventures, and acquisitions and dispositions involving real estate companies, including public and private REITs. Jessica Pillai has joined the firm, further bolstering the team’s offering.