LOS ANGELES-Law firm Manatt, Phelps & Phillips LLP has hired Anita Sabine as a partner in the real estate and land-use practice. She joins the firm from O'Melveny & Myers LLP.
Sabine's practice focuses on real estate investment and development. She has more than a decade's experience representing developers, lenders and REITs in matters ranging from acquisitions, entitlement and finance to leasing and like-kind exchanges.
According to Tom Muller, co-chair of Manatt's real estate and land-use practice group, “Anita is not only a truly excellent real estate lawyer, she is well known for her energy and involvement in the community. She has built a great practice handling some very complex projects. She's a terrific addition to our nationally recognized real estate team. We are delighted to have her join us.”
Sabine has also worked in project development and infrastructure, representing owners, sponsors, developers and investors in transactions involving infrastructure assets, public-private development projects and other projects with significant government involvement. She has handled secured and unsecured financings, private placements of debt, leveraged acquisition financings, complex coordination and inter-creditor arrangements, restructuring transactions and distressed-debt investments.
“With more than 50 real estate professionals, Manatt's real estate and land-use practice was clearly the best platform for continued growth of my practice,” said Sabine in a prepared statement. “The firm is among the top in the nation for real estate and development. The opportunity to work with lawyers I've long admired was one I could not pass up.”
GlobeSt.com recently ran an exclusive story by Muller about the securitized loan market in which he said, “The securitized loan market, long dormant in the recession of the last four years, appears poised to recover much of its pre-recession share of the lending market in 2013. These low-interest, high-transaction cost loans are often the best option for borrowers of large loans on well-stabilized properties. The benefits of these loans come with a cost, however, and borrowers who have been away from the world of securitized loans need to keep in mind the need to negotiate for as much future flexibility as possible.”
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
