The Firm: The Proskauer team is well regarded for its work on all aspects of REITs, and has particular strength in non-traded REITs. The team has also been responsible for creating several new REIT structures, including investor-friendly structures for public non-traded REITs and a REIT unit investment trust. Clients include American Realty Capital, AMB Property and AIG Global. The firm recently represented Lightstone Value Plus Real Estate Investment Trusts on two offerings.

Sources Say: "The attorneys are smart and hard-working with up-to-the-minute knowledge of structures and the ability to close transactions efficiently."

Key Individuals: The practice group cochair is Peter Fass.