The firm served as lead counsel for Gables Residential in the disposition of a portfolio of 35+ multi-family properties in six metropolitan areas with a total market value exceeding $1.5 billion.

The client’s needs included real time updates regarding deals in progress to executives, ability to close a high volume of discrete transactions quickly to meet client financial goals and capitalize on market timing and consistency throughout portfolios.

The firm’s role in this project included pre-bid due diligence review of marketed properties for identification and resolution of major issues; development of consistent document forms for each jurisdiction; coordination of local counsel for resolution of local land use and entitlement issues; establishment of consistent negotiated positions on common contract issues with the client; development of a strategy to minimize key post-closing risks in each jurisdiction; and analysis of ERISA conflict of interest issues.

An important transaction:

Kilpatrick Stockton attorneys achieved consistency and real time updates for Gables Residential, by designating one partner with responsibility for the overall project, including intake, quality control, communication and troubleshooting. This is critical in a project of this magnitude. Prior to the project beginning, firm attorneys developed consistent document forms for each jurisdiction (Florida, Georgia and Texas) with back up provisions for negotiation and conducted pre-emptive due diligence reviews of each property, to identify and resolve issues that would slow deal progress.

Consistent communication, management and leadership and due diligence led to a successful conclusion for this valued client.

Experience Center

Match our Experience to Your Needs

View All Case Studies

Experience Highlights

Multiple acquisitions and public offerings for Commercial Federal Corporation
Represented Commercial Federal Corporation in its acquisition of approximately 10 banks and in connection with four underwritten public offerings of more
Environmental issues advice for a Canadian pulp and paper company
Representation of a Canadian pulp and paper company regarding a variety of environmental issues including compliance requirements under federal and more
Public offering for Superior Essex Inc.
Represented Superior Essex Inc. in an $86 million secondary public offering of common stock. more
Centennial Healthcare going-private transaction
Represented the Special Committee of the Board of Centennial Healthcare, an operator of more than 100 nursing home facilities, in its consideration more