James M. Broderick

 Jim Broderick is a retired partner in the firm’s Real Estate Industry group. Mr. Broderick primarily represents real estate investment advisors and other institutional investors in real estate transactions, with particular emphasis on structuring and implementing equity joint venture and sophisticated debt investments on behalf of institutional tax-exempt investors, their advisors and investment funds. He also has significant experience in the formation of commingled real estate investment funds, and has particular expertise in structuring subscription secured credit facilities on behalf of institutional investment funds. In addition, Mr. Broderick represents developers and noninstitutional investors in real estate acquisition, financing, development, zoning and land use matters.

Mr. Broderick’s real estate transactional experience includes the following representative transactions:

• Representation of a publicly traded REIT client in connection with:
  • the formation of a $1+ billion joint venture with third-party investors to acquire the GM Building and three other office buildings in New York City;
  • the formation of a joint venture to develop the 1.4 million square foot Transbay Tower in San Francisco;
  • the $700+ million sale of a 45% interest in a New York City office tower and the formation of a joint venture between three parties in connection with the sale; and
  • the $900+ million acquisition of the 1.7-million-square-foot John Hancock Tower in Boston.
• Representation of a nationally recognized real estate investment management client in connection with the recapitalization of a retail development project in Virginia via a $110 million construction loan and a $25 million preferred equity investment by an institutional investor.
• Representation of a nationally recognized real estate investment management client in the formation of a joint venture to develop the mixed use “Ink Block” development in Boston’s South End. 
• Representation of a nationally recognized real estate investment management client in the formation of a joint venture to develop a $130 million multifamily project in Florida. 
• Representation of a nationally recognized real estate investment management client in connection with the acquisition of $1.5+ billion subscription-secured credit facility for its real estate investment fund.

Mr. Broderick has been recognized by The Best Lawyers in America Best Lawyers for his work in Real Estate Law 2022-2023.

Mr. Broderick was a 2021 recommended lawyer for Real estate by The Legal 500. Mr. Broderick has been selected for inclusion in Chambers USA: America’s Leading Lawyers for Business and Best Lawyers.

Mr. Broderick has participated in numerous industry speaking engagements, including as a speaker at the ULI seminar on Private Equity Capital for Commercial Real Estate (October 2011), as a panelist on the “Subscription Secured Credit Facilities” discussion at the IMN U.S. Real Estate Opportunity and Private Fund Investing Forums (2003 – 2011); as the moderator of the “Intercreditor Agreements” panel at the IMN Conference on Real Estate Mezzanine Loans (December 2005); and as a speaker on “Real Estate Fund Formation” at the ABA Annual Property Symposium (April 2003).