White & Case is bringing on three new companions in its actual property and mergers and acquisitions observe because the regulation agency continues its growth plans amid a altering market.
Paul Hastings actual property companions David Viklund and Ted Smith III are becoming a member of White & Case’s world M&A observe and world actual property trade group as companions in New York and Houston, respectively. The agency can be including Pillsbury Winthrop Shaw Pittman’s Christopher Lacaria as a companion in its M&A and personal wealth and household workplaces group in New York.
Viklund and Smith each work with non-public fairness companies, REITS, institutional lenders and different buyers on all facets of financing actual property funding and have intensive expertise advising on restructurings and the event of economic properties throughout the trade.
The pair had relationships and customary shoppers with White & Case, which made it a “fast and simple match,” Smith stated.
A transitioning market, between the tempo of latest acquisitions and financings final 12 months and doubtlessly some distressed conditions forward, has created a little bit of a wait and see interval, Viklund stated. “We predict White & Case has the entire observe areas that we have to deal with an actual downturn,” he stated.
Lacaria, a former Cravath Swaine & Moore legal professional, joins in New York, a key goal for White & Case beneath its 2020 development technique.He advises household workplaces and high-net price people on a variety of trusts and estates points.
“The world is turning into more and more globalized place and that’s very true for rich people and their households,” Lacaria stated. To have the ability to have the worldwide platform that White & Case does throughout practices and geographies is “an actual plus issue” for his observe, he stated.
