Honigman real estate transactions grow by 34 percent
Honigman Miller Schwartz and Cohn LLP announced today that the firm’s Real Estate Department represented clients in approximately 2,100 transactions at a combined value of approximately $11.7 billion in 2014. The number of transactions increased an impressive 34 percent from the 1,550 transactions for 2013. The median transaction value for 2014 was $5.8 million with the largest transaction reaching $1.4 billion. Honigman’s real estate practice continues to grow along with the firm’s national and international reputation and client base.
“Honigman’s notable growth in real estate transactions is indicative of our increasing reputation for providing legal services on sophisticated and very complex matters across the country,” said Lawrence D. McLaughlin, chair of Honigman’s Real Estate Department and a recent inductee into the Commercial Real Estate Hall of Fame published by Midwest Real Estate News. “The depth of experience that Honigman demonstrates continues to attract developers and investors and has helped us achieve aggregate growth.”
Chambers USA: America's Leading Lawyers for Business for 2014, a well-recognized client and peer review publication, states that ‘Honigman is known as a “sophisticated group working on the development side of significant real estate transactions” and has “extensive capabilities across a number of areas, such as affordable housing, construction planning and industrial facilities.” The firm’s transaction work also involves retail, multifamily housing, office, hospitality and gaming. Some of its national clients include Agree Realty Corporation, Cabela’s, Dillard’s, Inc., Evergreen Partners, General Motors Company, Churchill Stateside Group, Meijer Stores, Pebblebrook Hotel Trust, Philips Edison & Company, Ramco-Gershenson Properties, L.P., The Taubman Company, Village Green and The Wishcamper Companies, Inc.
Honigman received high national rankings from U.S. News and Best Lawyers in 2015 for its real estate litigation practice and was among the top three law firms in the Midwest Real Estate News “Best of the Best” list for 2014. The firm was recognized as Michigan’s Commercial Property Law Firm of the Year for 2013 by Global Law Experts, an online resource for locating legal advisors.