The FirmAttorneysPracticesRecruiting
Willkie Farr & Gallagher LLP
New YorkWashingtonParisLondonMilanRomeFrankfurtBrussels
alliance Dickson Minto W.S.

Print PageEmail Page
Steven D. Klein
Partner


MAIN OFFICE:
New York
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, N.Y. 10019-6099, U.S.A.
T 212-728-8221
F 212-728-9221
 
Download V-Card

Steven D Klein is a partner and Co-Chair of the Real Estate Department of Willkie Farr & Gallagher LLP in New York. Mr. Klein specializes in REIT offerings, REIT mergers, joint ventures, formation of investment funds, acquisitions and dispositions, financings, restructurings, and leasing transactions. He represents clients in all types of real estate transactions, and in drafting and negotiating related agreements, including REIT and securitized financing agreements, construction, permanent and mezzanine loan agreements, loan restructuring agreements, partnership and limited liability company agreements, private placement memoranda, property management agreements, construction and development agreements, contracts of sale, retail and office leases, and regional shopping centre agreements.

Chambers USA (2012) ranks Mr. Klein among the leading individuals practicing Real Estate Law in New York. He has also been included in Legal Media Group’s Expert Guide to the World’s Leading Real Estate Lawyers, The Best Lawyers in America, The Legal 500 and New York magazine’s "Best Lawyers."

Selected Professional and Business Activities
Mr. Klein is an adjunct professor at the New York University Schack Institute of Real Estate, where he teaches its Commercial Leasing, Key Issues in Today’s Commercial Real Estate Transactions and Advanced Real Estate Development and Investment Practices courses. He also serves on the Schack Institute’s Advisory Board, as well as the Advisory Boards for Real Estate Law360 and Chicago Title Insurance Company He has published and spoken on a variety of real estate topics for the New York Law Journal, the Practising Law Institute, the Association of the Bar of the City of New York and the International Council of Shopping Centers, among others. Mr. Klein has also been a member of the Commercial Leasing Committee of the American Bar Association, the Real Estate Development Committee of the New York State Bar Association, the Real Property Law Committee of the New York City Bar Association, the International Council of Shopping Centers and the Advisory Board of Commonwealth Land Title Insurance Company.

Selected Significant Matters
  • Goldman Sachs: $1.85 billion refinancing consisting of first mortgage and four mezzanine loan tiers secured by a portfolio of hotels located in Hawaii and San Francisco

  • Goldman Sachs: Acquisition and restructuring of a $180 million mortgage loan secured by the YOTEL New York hotel

  • Prominent NYC developer: Restructuring of construction loan and mezzanine loan

  • Real Estate fund: Loan restructurings

  • Team of Private Equity Funds: Purchase of $1.1 billion of timeshare loans, consisting of both construction and acquisition loans

  • Bloomberg L.P.: Lease for 700,000 square-foot new world headquarters at the "Alexander's Site" in New York City, and numerous other acquisitions and leases, nationally and internationally, including in California, New Jersey, Washington, D.C., London, Prague, San Paulo, Rome and Tokyo

  • Leases and construction agreements on behalf of Apollo, Avenue Capital, Alix Partners, Bank of America, Citibank, Crain, Greenhill, Jones New York, JP Morgan, Lehman Brothers, Level 3, McKinsey & Company, Moelis, Pinebridge Capital, SAC and other corporate tenants

  • Trinity Church: Redevelopment of 330 Hudson Street

  • Sale-leaseback transactions with Disney and Wal-Mart

  • Paramount: Acquisitions and financings of New York City office buildings

  • Port Authority of NY and NJ: Redevelopment of 42nd Street Bus Terminal

  • DiamondRock Hospitality Company: Acquisitions and financings of several individual hotels and portfolios, including Westin Boston, Chicago Marriott and a 4-hotel portfolio from Blackstone Real Estate Partners; purchase and sale agreements to acquire the Radisson Lexington Hotel and a hotel property under development, both in New York City; corporate credit facility

  • CBL Properties, The Mills Corporation and Simon Property Group: Acquisitions, joint ventures and financings with respect to regional mall centers and portfolios

  • Land developer and home builder: Loan restructurings

  • Hospitality and residential developer: Loan restructurings

  • Private Company: Acquisition of office building in London

  • Multifamily Company: Restructuring of over $1 billion in CMBS debt, which encumbers a large portfolio of multifamily properties across the United States

  • NorthStar Capital Partners LLC: Joint ventures and financings with respect to a retail portfolio in Puerto Rico, golf courses throughout the United States, and a mixed-use project in Manhattan

  • Scout Real Estate Capital: Acquisition, debt and equity financing and development of Wyndham Bermuda Resort & Spa, 6000 acres of waterfront land in Hawaii, and two Martha’s Vineyard hotels

  • Praedium: Acquisition of office properties

  • Ventas: Acquisition of 67 healthcare and seniors housing properties

  • Lehman Brother Holdings Inc. (and various debtor and debtor affiliates): Mezzanine construction financing of data center facility in Ashburn, Virginia; preferred equity investment in NYC residential condominium development; construction loan to develop luxury golf course in Texas; restructuring of residential condominium mortgage and mezzanine loans; restructuring of various debt and equity relationships with a major private developer and owner of an office building portfolio in the southeastern United States; marketing and potential sale of REO assets acquired by Lehman via foreclosure or otherwise; restructuring of loan facilities encumbering a portfolio of residential assets in Florida in which a Lehman affiliate is an equity investor
Education
1986, Rutgers University School of Law, J.D.
1983, CUNY - Queens College, B.A.

Bar Admissions
New York, 1987


Practice Focus
Real Estate

Education
  • 1986, Rutgers University School of Law, J.D.
  • 1983, CUNY - Queens College, B.A.

Bar Admissions
New York, 1987




Under the rules of certain jurisdictions, this material may constitute attorney advertising.  Prior results do not guarantee a similar outcome.