Steven G. Horowitz's practice concentrates on U.S. and international real estate finance and investment transactions, including joint ventures, mortgage finance, securitization and capital markets, restructuring and real estate-related mergers and acquisitions.
He frequently represents commercial and investment banks, foreign and domestic institutional investors, property owners and a wide variety of corporations in their real estate matters.
Steven has extensive experience in financing, acquisition and disposition of significant properties throughout the United States, Asia, Latin America and Europe. Transaction types encompass all forms of joint ventures, mortgage securitization, loan syndication, mortgage loan trading and subordinate debt, such as mezzanine loan and preferred equity funding. In addition, he focuses on credit tenant and portfolio leasing, workout and bankruptcy matters, investment entity formation and tax-oriented finance transactions, and investments in non-traditional property types such as resorts and hotels, Indian gaming casinos, mines, timber, utilities, sports fitness clubs, hospitals and nursing homes.
Steven repeatedly has been recognized by the business and legal press for his work on behalf of clients, including The Best Lawyers in America, which includes him in its 2015 edition, making Steven one of a small group to receive this honor for more than 10 consecutive years.
He joined the firm in 1987 and became a partner in 1989. Previously Steven was a partner and real estate practice chair at the law firm of Hill & Barlow in Boston, Massachusetts.
American Tower in its acquisition of rights to approximately 11,324 wireless communications towers and its purchase of approximately 165 additional towers from Verizon Communications, Inc. for $5.056 billion in cash.
A consortium led by TPG, PAG Asia Capital and the Ontario Teachers’ Pension Plan in connection with the acquisition of Cushman & Wakefield by the consortium’s portfolio company, DTZ, Inc., to create one of the largest global real estate services companies.
A consortium comprised of TPG, PAG Asia Capital and Ontario Teachers’ Pension Plan in connection with the acquisition of Cassidy Turley by an affiliate of DTZ Investment Holdings being backed by the consortium.
A consortium comprising TPG, Ontario Teachers’ Pension Plan and PAG Asia Capital in the acquisition of DTZ, the property services arm of UGL for approximately $1.1 billion.
The Endurance International Group, a portfolio company of Warburg Pincus engaged in the web hosting and domain registration business, in the real estate aspects of its acquisition of the websites business of Intuit.
The Genting Group in its successful submission and implementation of a bid to the New York State Division of Lottery for the development of a world class entertainment destination at the Aqueduct Racetrack in Jamaica, Queens; in financing the development of Indian gaming casinos at Foxwoods; and proposed casino and resort ventures in California, Massachusetts and Bimini;
Goldman Sachs Mortgage Company in acquiring and disposing of numerous mortgage loan portfolios, including non-performing loans and servicing rights in the U.S. and abroad.
Istithmar in numerous acquisitions, dispositions, joint ventures and financings for office, hotel and resort properties in the U.S. and Dubai.
Kien Huat Realty, an affiliate of Genting, as lender in the restructuring of $2.3 billion in debt obligations secured by the Foxwoods Resort Casino, concluding a four-year restructuring that involved five different financings of varying seniority.
Kindred Healthcare, a national hospital and nursing center operator, both during and after its bankruptcy reorganization in master lease negotiations and senior and subordinate syndicated leasehold mortgage loans involving approximately 300 facilities in 36 states, and in subsequent financings, acquisitions and disposition of various hospital and nursing center operations throughout the United States.
Meraas Capital in its joint venture acquisition of the landmark GM Building and three other New York office buildings, as well as their subsequent disposition.
Neiman Marcus, TPG Capital and Warburg Pincus in the sale of Neiman Marcus to Ares Management and the Canada Pension Plan Investment Board for approximately $6 billion.
Nortel Networks in connection with real estate aspects of its Chapter 11 bankruptcy proceeding.
TPG Capital in the $1.7 billion acquisition of Savers in a recapitalization transaction and in the acquisition of a $505 million portfolio of U.S. retail and mixed-use assets from ProLogis.
The major equity investor in the recapitalization of its joint venture acquisition of the MetLife Building in New York City.
A luxury fashion company in a tax-free exchange transaction, involving the sale of a lower Manhattan building, the purchase of a 50% JV interest in a Midtown retail property and the lease from the joint venture of such property for the company’s New York City flagship store.
- Adviser, ALI’s Restatement of the Law Fourth, Property project
- Lecturer-in-Law, Columbia Law School
- Chair, New York Advisory Board, Trust for Public Land
- Member, American College of Real Estate Lawyers
- Past Governor, Anglo-American Real Property Institute
- Past Chair, Executive Committee, Real Property Law Section, New York State Bar Association
- Member, Board of Advisors, Legal Aid Society
- Member, NYC Advisory Board, Chicago Title Insurance Company
- U.S. District Court Monitor and Law Clerk to the Honorable Joseph L. Tauro, U.S. District Court for the District of Massachusetts
March 5, 2010: “Roommates,” The Deal Magazine.
January 12, 2009: “The Joint Venture as an Alternative Source of Capital,” New York Law Journal.
June 21, 2016
April 19, 2016
February 11, 2016
December 01, 2015
June 04, 2015
April 01, 2015
February 12, 2015
November 20, 2014
June 03, 2014
June 03, 2014
November 21, 2013
June 04, 2013
November 26, 2012
June 14, 2012
June 05, 2012
April 14, 2011
November 29, 2010
April 15, 2010
January 14, 2010
November 24, 2009
May 06, 2009
April 28, 2009
April 22, 2009
December 01, 2008
July 30, 2008
March 27, 2008