Real Estate and Distressed Asset Transactions
Fueled by the historic growth of China's economy, real estate is one of the largest and fastest growing asset classes in China. Construction levels remain high despite discussion of enhanced controls to slow growth in the sector. And major international investors continue to move into the market, doing project finance and acquisition deals and purchasing troubled loans and distressed real estate.
O'Melveny's Real Estate and Distressed Asset practice is one of the few U.S. law firms in China with the requisite strengths in international law and documentation, knowledge of local law, and Chinese language capabilities. Both Chambers and Partners and The Legal 500 recognize our group for its excellence. We have long been a player in this field, representing a variety of leading developers, financiers, purchasers, managers, and hotel groups with their real property projects in China. Our lawyers have worked on some of the largest and most high-profile real estate and distressed asset transactions, including our representation of a Morgan Stanley-led consortium in their winning $1.3 billion bid in the first large-scale portfolio sale of non-performing assets in China’s history.