by Andrew McIntyre
Even as real estate prices in core markets like San Francisco and New York have skyrocketed and provoked increasing talk of a bubble in the U.S. with the market now years away from its 2009 and 2010 lows, lawyers say various other forces have made 2016 a strong year for real estate mergers and acquisitions.
Factors including continued interest from foreign capital in U.S. real estate and an appetite among investors for joint ventures, which gave companies access to more deals than they could have managed on their own, have kept deals flowing and real estate lawyers busy this past year.
"The year in review was fantastic from a real estate standpoint," said Eric G. Greenfield
of Polsinelli PC. "We have 168 real estate attorneys, and we needed every single one of them. We were cranking on all cylinders. ... We really didn't see a slowdown at all."
Here, Law360 looks at four factors that drove real estate M&A in 2016.
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