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Kellen F. Murphy Managing Partner
and Chair of Acquisitions & Sales practice group
Chris J. Murphy Chair of Land
Use, Zoning & Redevelopment and Tax Credits & Incentives practice groups
Matthew J. Schiller
Chair of Dis- tressed Real Estate, Commer- cial Leasing and Opportunity Zone practice groups
Charles J. Wilkes Chair of Banking
& Commercial Finance and Real Estate Finance practice groups
24 Commerce Street, 12th Floor Newark, NJ 07102
YEAR FOUNDED: 2017
NUMBER OF REAL ESTATE ATTORNEYS: 20
AREAS OF EXPERTISE IN REAL ESTATE:
Acquisitions and Sales; Commercial
Leasing; Corporate; Distressed Real Estate; Environmental; Land Use, Zoning and Redevelopment; Litigation; Property Tax; Real Estate Finance; Tax Credits and Incentives
firm’s national Distressed Real Estate practice. The firm’s statewide Land Use, Zoning & Redevelopment, Tax Credits & Incentives and Real Estate Finance practices are also gearing up for a busy year, as clients look to reposition assets, explore alternative funding solutions and seek government incentives to help close financing gaps.
TRANSACTION SPOTLIGHT
MSW has recently represented the following:
• Private equity fund in connection with modification of a $96 million loan for a mixed-use medical office/ multifamily building in San Francisco, CA.
• Lender in connection with the modification of a $57 million loan for an office building in Arlington, VA.
• Seller in connection with the $49.5 million sale of an industrial building in Union County, NJ.
• Tenant in connection with the lease of a 240,000-square-foot industrial building in Phillipsburg, NJ.
• Landlord in connection with the lease of a 160,000-square-foot warehouse facility in Rahway, NJ.
• Developer in connection with obtaining a $90 million tax credit award under the Aspire Tax Credit Program for a 14-story, 350-unit multifamily development in Newark, NJ.
• Developer in connection with obtaining a $49.5 million tax credit award under the Aspire Tax Credit Program for a multifamily development in Newark, NJ.
• Land Use Approvals for projects in Jersey City, Newark, Woodbridge, Scotch Plains, Hackensack, Hasbrouck Heights, Elmwood Park, City of Orange and East Orange.
OUR CLIENTS
MSW represents a wide range of clients, including major national and international developers, national and local lending institutions, institutional investors, family offices, landlords and tenants and other owners and developers of real property. Our boutique nature and multidisciplinary approach has allowed the firm to represent a diverse array of clientele, from the largest real estate developers and private equity firms in the country to smaller family offices.
OUR ADVANTAGE
MSW was founded to provide effective, efficient
and creative legal and advisory services to meet the distinctive needs of our clients. As a law firm focused solely on commercial real estate matters, our clients rely on the firm’s multidisciplinary approach in solving complex legal issues. Our attorneys have broad private- and public-sector experience, coming from top national law firms and high-level governmental positions. Through the development of individualized, client-focused strategies, our team works tirelessly to create a blueprint for success and advance our clients’ interests in every matter.
ON THE HORIZON
While 2023 was a complicated and uncertain year for many in the commercial real estate legal industry, MSW maintained continued growth, helping our clients close significant transactions, renegotiated loans, secured noteworthy land use approvals and obtained tax credits for large-scale development projects. We anticipate continued growth in 2024, which will likely be led by the
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