Real Estate - Goulston & Storrs

Real Estate

Goulston & Storrs has one of the largest, most diverse and most highly acclaimed Real Estate
practices in the United States.
The firm is home to many nationally recognized attorneys, including members of the American
College of Real Estate Lawyers (ACREL). Goulston & Storrs’ Real Estate practice has been top-tier
ranked by Chambers USA for over a dozen consecutive years. Chambers states, "this superlative
practice has the depth to offer clients assistance in a comprehensive array of real estate
matters....a terrifically well-established firm with a wonderfully deep bench." They refer to the firm
as "a prime real estate shop, one of the strongest in town.” "There aren't people who do real estate
better."
Our Real Estate Practice serves clients through decades of experience in real estate development,
entity formation, tax planning, acquisition, finance, leasing and environmental law. We provide
legal service, advice and coordination for sophisticated real estate transactions involving
entrepreneurs, institutions and public and private entities. The 135+ attorneys and 10+ paralegals
in our Real Estate Practice have the judgment, experience, pragmatism and technical skill needed
for the prompt implementation of complex real estate projects and transactions nationwide.
Goulston & Storrs counsels major regional and national developers, entrepreneurs, investment
funds, REITS, property owners, and commercial tenants who regularly seek the advice, counsel and
assistance of members of our Real Estate Practice to further their business objectives, locally,
nationally and internationally. Regional and national real estate lenders and investors consistently
look to Goulston & Storrs as counsel for their sophisticated debt and equity real estate investments
including the structuring of syndicated and capital market transactions.
Goulston & Storrs regularly finds its Real Estate attorneys forming joint ventures and partnerships,
addressing tax concerns and working with developers to obtain permits, approvals and debt and
equity financing for retail, office, residential, industrial and hospitality projects. Our Real Estate
lawyers are structuring loan and equity financing for project, syndicated and capital market
transactions. Major retail and office tenants and landlords are seeing their leasing objectives
obtained and protected in the drafting and negotiation of complex leases. Chambers USA
recognizes Goulston & Storrs' Real Estate attorneys as "a notable and respected team with
expertise across the whole real estate practice area....especially strong in zoning and land use
matters."
Our service areas include:
   •   Affordable Housing and Economic Development
   •   Construction
   •   Development, Land Use & Zoning
   •   Environmental

•   International Investment in U.S. Real Estate
   •   Office & Life Sciences Leasing
   •   Public-Private Partnerships
   •   Real Estate Acquisitions and Dispositions
   •   Real Estate Banking & Finance
   •   Real Estate Joint Ventures & Equity Investment
   •   Real Estate Litigation
   •   Retail Leasing
   •   Tax
   •   Tax Credits
   •   Workouts and Restructuring

Clients
Our real estate clients include well-known developers, property owners, tenants, government
entities, public-private partnerships, nonprofit institutions, and property investors, including private
equity funds, real estate funds and institutional investors. We also represent family trusts,
foundations and offices with respect to their property interests, and we regularly provide assistance
to architects, contractors and other clients involved in specific phases of development,
redevelopment, and refurbishing projects.

Because of our broad-based experience representing many types of clients, we are particularly
aware of the industry-specific real estate and development concerns of banks and financial service
companies, construction companies, educational institutions, energy providers, health care
institutions, hotel operators and hospitality providers, life science companies, pharmaceutical
manufacturers, restauranteurs, retailers, software and technology companies, telecom providers,
transportation agencies and providers, and utilities.

Representative Clients:

   •   Avalonbay Communities
   •   AXA Real Estate Investment Managers
   •   Bank Of America
   •   Beacon Capital Partners
   •   Boston Children's Hospital
   •   Boston Properties
   •   Carmax Auto Superstores

•   Clark Enterprises
   •   CrossHarbor Capital Partners
   •   DivcoWest
   •   Eaton Vance Corp.
   •   Federal Realty Investment Trust
   •   Georgetown University
   •   Greystar
   •   Harvard University
   •   Hunt Companies
   •   Jamestown Properties
   •   JBG Companies
   •   Jonathan Rose Companies
   •   J.P. Morgan & Co.
   •   King Street Properties
   •   Massachusetts Institute Of Technology
   •   Mill Creek Residential Trust
   •   Morgan Stanley
   •   New England Development
   •   Pyramid Advisors
   •   Samuels & Associates
   •   Santander Bank
   •   Silverback Development
   •   Tishman Speyer
   •   Tricon Capital Group
   •   WS Development

Service Difference
Goulston & Storrs is uniquely positioned to provide comprehensive, nationwide assistance to clients
in need of business-savvy real estate counsel. We have one of the most longstanding, diverse and
reputable real estate practices in the country, coupled with a team of lawyers that understands
government and the public process extraordinarily well.

In addition to the full range of core commercial real estate services, our firm also offers the benefit
of legal services provided by our highly talented attorneys practicing in disciplines that support our
real estate work. As part of our comprehensive service, we offer to clients the ability to solve
property-related issues involving accessibility laws, bankruptcy, environmental problems,
insurance, taxes and tax credits, and other matters.

We also have an uniquely well-developed network of relevant architectural, engineering, site
planning and other consultants who can add value to our work for the benefit of our clients, as well
as a proven group of local counsel from other firms that we can associate as necessary for local
expertise across the country, and a registered lobbying affiliate, GS Public Strategies, which can
assist some clients with particular needs related to legislative or rulemaking approvals.

Clients especially value that our firm places a cultural emphasis on individualized attention to every
client matter, focusing on responsiveness, lean staffing, efficiency and results. Because of our low
leverage business model, we often handle matters successfully with fewer lawyers while remaining
more accessible to our clients.

Our legal professionals are keenly aware as well of the business context in which legal decisions
must be made, and we make special efforts to understand the unique business and industry
background of each client as it pertains to any assignment. That is one reason why we are actively
involved in many industry organizations, including but not limited to the ICSC, AFIRE, ULI, DC
Building Industry Association. NAIOP, and the Real Estate Board of New York.

Finally, we understand and appreciate that a client is entrusting the value of their business to us in
important legal matters, and we take that seriously. That is a big reason why the very structure of
our firm is client-focused, providing incentives to work collaboratively and share information in
order to support our clients to the fullest while discouraging any attitudes or behaviors that
interfere with the rendering of superior client service.

Publications
June 16, 2020
Section 1031 Update: Proposed Regulations and the COVID-19 Relief Extension Date

June 5, 2020
NYC Legislation Limits Enforcement of Personal Liability Provisions and Prohibits
Harassment for Certain Commercial Tenants

June 1, 2020
Coronavirus Q&A: Goulston & Storrs' Real Estate Leaders
Law360

May 16, 2020

PPP Alert – SBA Releases Loan Forgiveness Application and Instructions

May 13, 2020
Worst-Case Scenarios: Navigating The ‘What Ifs’ Of Coronavirus
Bisnow

May 11, 2020
New York Extends Moratorium on Late Fees, Evictions, Foreclosures and NY On Pause
Order; Allows Security Deposit Rent Payments

May 6, 2020
City of Boston Announces Staged Construction Restart, Outlines Expanded Categories
and Key Dates

April 28, 2020
MA Passes Remote Notarization & Witnessing Bill in the COVID-19 and Social Distancing
Era

April 21, 2020
Massachusetts COVID-19 Moratorium on Small Business and Residential Evictions

April 17, 2020
Legal Corner
Tenants in Common - National Retail Tenants Association

April 13, 2020
CARES Act Update: IRS Provides Additional Relief for Taxpayers, Partnerships

April 9, 2020
DC Zoning Commission Order Extensions and Operations Status

April 7, 2020
UPDATED: Summary COVID-19: Paycheck Protection Program (PPP)

April 6, 2020
SBA PPP Loan Applications for Hotels

April 6, 2020
CFIUS Releases Geographic Reference Tool for Real Estate Regulation

April 1, 2020
Massachusetts Significantly Limits Types of Construction Projects Permitted as COVID-19
Essential Services

March 30, 2020
No, Insurance is Not the Solution to the Problem

March 27, 2020
COVID-19 Update: Non-Essential Construction in New York Suspended

March 6, 2020
SJC Ruling is A Win for Development Industry
Boston Globe

February 24, 2020
Final Regulations Go Into Effect for CFIUS Jurisdiction Expansion

February 10, 2020
Qualified Opportunity Zones: Final Regulations Provide Clarity
Tax Notes Federal

February 1, 2020
Globes: How Millennials and Technology Have Disrupted the Real Estate Market
Globes

January 23, 2020
Q&A: Israeli Investment in U.S. Real Estate
Bizportal

January 23, 2020
Nadlan Center: 2020 US-Israel Real Estate Investment Conference
Nadlan Center

January 22, 2020
Israelis Invested $2.4 billion in US Real Estate Last Year
Israel Hayom

January 13, 2020
CFIUS Jurisdiction over Real Estate Transactions Expanded: Foreign Investors Should
Take Notice

January 6, 2020
City of Boston Tackles Climate Change in Local Wetlands Ordinance

September 25, 2019
Cities Tap Hot Real Estate Markets to Expand Economic Opportunity

May 31, 2019
DC Transfer and Recordation Taxes Increased to 5%

April 18, 2019
D.C. Transfer and Recordation Taxes May Increase to 5%

April 15, 2019
New group aims to support D.C.'s LGBTQ commercial real estate community
Washington Business Journal

March 4, 2019
Real Estate Women's Forum Q&A

February 15, 2019
Goulston Leader Eyes Real Estate Expansion, More Diversity
Law360

December 13, 2018
Wendy White, of Goulston & Storrs’ Real Estate Group, on the Three E’s
Commercial Observer

December 7, 2018
Podcast - Listen to Opportunity Zones: The Biggest Community Development Opportunity
CUNY TV's The Stoler Report

November 26, 2018
Private Equity and Venture Capital: A Roundtable Discussion
Massachusetts Lawyers Weekly

October 26, 2018
New IRS Regulations Issued: What's Next for Opportunity Zones?

September 24, 2018
The Outlook for Multifamily Real Estate Development
Crain's New York

July 3, 2018
Considering The Uncertain Future Of The EB-5 Program
Law360

June 19, 2018
Are You Getting All of Your Brownfields Tax Credits?

May 14, 2018
Navigating Rising Waters: The Public Waterfront Act
Boston Bar Journal

May 10, 2018
"3 Things Lawyers Should Know About Chapter 11 Real Estate", Law360
Law360

February 1, 2018

Lawyers Clearinghouse: Pro Bono Victories

December 29, 2017
Tax Reform Advisory: Real Estate Industry

December 28, 2017
Tax Reform Advisory: International Provisions

December 20, 2017
Massachusetts Appeals Court Clarifies When Restrictive Covenants May Extend Beyond
Thirty Years

November 2, 2017
Town of Chelmsford, et al. v. Newport Materials, LLC, et al
November 2017

November 2, 2017
Trustees of Cambridge Point Condominium Trust v. Cambridge Point, LLC
November 2017

October 12, 2017
The Trends and Future Growth of Multifamily Real Estate Amenities

October 6, 2017
Superior Court Upholds ZBA's Order that the Town of Falmouth Cease and Desist the
Operation of Two Wind Turbines

October 6, 2017
9th Edition Massachusetts State Building Code Approved With Concurrency Period

October 5, 2017
20/20 Hindsight: Did our investments position us for a bright future?
ArchitectureBoston

October 2, 2017
Land Court Upholds Board of Zoning Appeal

September 29, 2017
Israel Desks International Legal Guide 2017

July 27, 2017
Appeals Court Confirms That a Government Building Has the Status of a Pre-Existing
Nonconforming Structure When Transferred to a Private Party

June 29, 2017
Massachusetts Courts Issue Key Decisions Concerning Zoning and Anti-SLAPP Law

March 28, 2017
Important Decision Regarding Pre-Existing Nonconforming Structures

January 30, 2017
New Land Court Rule 14 Seeks to Expedite Cases and Lower Costs

December 9, 2016
Update: EB-5 Program Receives Another Short-Term Extension

September 22, 2016
Massachusetts State Building Code Update: Amendments to 8th Edition adopted effective
August 12th with Concurrency Period until January 1, 2017

August 31, 2016
Massachusetts Department of Housing and Community Development Approves Urban
Renewal Plan Extensions

May 17, 2016
Texts that Bind: Text Messages May Form Binding Real Property Contract

April 22, 2016
MassDEP Proposes Revisions to Facilities of Public Accommodation Regulations

January 26, 2016
Massachusetts State Building Code Update: 9th Edition Now Anticipated to be Issued
with Concurrency Period

January 6, 2016
Mayor Walsh Updates Boston's Affordable Housing Policy

December 14, 2015
Update: EB-5 Regional Center Program Receives Additional Short-Term Extension

October 22, 2015
Massachusetts State Building Code Update: 9th Edition Anticipated to be Issued without
Concurrency Period

October 22, 2015
Pop-Up Halloween Stores Don’t Scare Landlords

June 10, 2015
Proposed Extensions for Boston's Expiring Urban Renewal Plans

January 28, 2015
BRA/EDIC Details Response to Audit

October 28, 2014

ULI Releases Report on Risks of Urban Flooding