December 13, 2021

MSW: Year-End Highlights

In what was a banner-year for the transactional team at Murphy Schiller & Wilkes LLP (MSW), the firm helped clients close over $1,000,000,000 in commercial real estate transactions throughout the country. Providing a full suite of legal services to the commercial real estate industry, the firm regularly represents a wide range of clients, including institutional funds, lenders, developers, family offices and private investors in connection with the most complex transactional matters.

In 2021, the firm represented the following:

  • Seller/Developer in connection with $183,000,000 land sale and development agreement for industrial park property in Gloucester County, NJ.
  • Purchaser of eight (8) notes in connection with $131,500,000 Mezzanine B loan.
  • Developer/Borrower in connection with $113,500,000 acquisition and construction loan for purchase and rehabilitation of office portfolio in Newark, NJ.
  • Developer in connection with $94,000,000 construction loan for multi-family development in Newark, NJ.
  • Seller in connection with $85,000,000 sale of 392,000 SF industrial facility in Devens, MA.>
  • Borrower in connection with $53,000,000 refinance of mixed-use development in East Orange, NJ.
  • Purchaser of $61,400,000 loan secured by seven (7) multifamily developments located in Tulsa, Oklahoma.
  • Borrower in connection with a $48,500,000 senior lien term loan secured by real estate and business assets in 4 states.
  • Borrower in connection with $41,500,000 construction loan for multi-family development in Bloomfield, NJ.
  • Seller in connection with $35,600,000 sale of biotech family in Florham Park, NJ.
  • International bank in connection with the closing of a $27,500,000 secured revolving line of credit for New Jersey-based operating entity.
  • Purchaser of $20,000,000 portfolio of three (3) commercial loans secured by properties in Colorado, North Dakota, and Texas.

Murphy Schiller & Wilkes LLP is a boutique law firm specializing in commercial real estate and development matters. Headquartered in Newark, NJ, the firm was founded to provide effective, efficient, and creative legal services to meet the distinctive needs of our clients. Through the development of comprehensive legal strategies, our team works tirelessly to create a blueprint for success and advance our clients’ interests in every matter.