Robert P. Friedman is a real estate and business law attorney with over 40 years of experience, primarily advising developers, property owners and tenants. Robert’s practice includes entity formation, acquisition, development, joint venture documentation, financing and sales.
Mr. Friedman regularly manages all aspects of legal work on behalf of clients, including strategy, negotiation and documentation of agreements involving a wide variety of corporate and real estate transactions. Besides his traditional real estate client base, Robert’s clients include wealthy individuals, families, trusts and small and medium sized businesses. His ongoing work includes entity formation, review of contracts, and other corporate and real estate matters.
Represented joint venture in seventy-five year ground lease for the ownership and development of a shopping center adjacent to the expansion of the Jordan Downs housing project, including negotiation of Ground Lease and Disposition and Development Agreement, Joint Venture Agreement with equity partner and New Markets Tax Credit Financing ($46 million).
Represented promote partner in connection with sale by existing equity partner of partnership interests in nine shopping centers to replacement equity partner (total value of assets included in the transaction was almost $500 million).
Sale of office building in downtown Los Angeles (sale price $39.5 million) subsequently converted to high profile hotel.
Non-simultaneous re-financings of four affiliated medical office buildings (loan amounts: $38 million, $42.5 million, $21 million and $8.3 million) with affiliates of large CMBS lender.
Non-simultaneous closings on three separate medical office buildings (loan amounts: $45 million, $44 million and $27 million) with large life insurance company lender.
Acquisition of Koreatown shopping center (purchase price $30 million) including joint venture equity and debt financing and of two mixed-use properties in Austin, Texas (purchase prices $32 million and $24 million respectively) also with joint venture equity, co-equity and debt financing, all for affiliates of same client.
Sale of retail center in San Fernando Valley owned by eight separate tenant-in-common (TIC) owners (sale price $20.5 million).
Construction loan for redevelopment of a shopping center in San Fernando Valley (loan amount $40 million).
Master lease of retail property in Venice, California (total lease consideration in excess of $20 million plus improvements to property in excess of $3 million).
Refinancing of industrial building in Carson, California (loan amount $27.5 million).
Acquisition of shopping center in Panorama City (purchase price $98 million), including joint venture equity and debt financing.
Sale of a rental house ($29 million) followed by a deferred exchange of the proceeds and the acquisition of two companion apartment buildings with a total of 268 units ($71.5 million).