Richard S. Friedman
Of Counsel
Richard (“Rick”) Friedman is a partner in Greenspoon Marder LLP’s Real Estate practice group. He specializes in complex commercial real estate transactions, with a particular focus on the development, acquisition, disposition, and financing of shopping centers, hospitality and casino assets, multi-family housing and mixed-use projects.
Mr. Friedman’s practice encompasses the full spectrum of sophisticated real estate vehicles, including joint ventures, syndications and cross-border transactions. Beyond traditional deal-making, he is recognized for his strategic restructurings, specifically in the repositioning and recapitalization of underperforming commercial assets to maximize value for his clients.
Mr. Friedman serves a diverse portfolio of clients, including institutional private investors, developers, retail chains and lenders. Notably, he provides specialized counsel to both tribal and non-tribal entities regarding the development and financing of Native American casinos and commercial projects, as well as tribal participation in off-reservation investments.
He serves on the International Council of Shopping Centers (ICSC) U.S. Law Conference Program Committee and is a frequent lecturer at major industry forums, including the Native American Finance and Tribal Wealth Management Conferences. His contributions to the legal community focus on the evolving landscapes of commercial leasing, complex purchase and sale agreements, and innovative financing strategies.
Experience
Representative Matters
- Represented developers in connection with the acquisition and financing of “value-add” multi-family residential properties intended for renovation and long-term hold.
- Represented developers in connection with the acquisition, construction or redevelopment, leasing and financing of shopping centers and other commercial properties intended for long-term hold.
- Represented retail and professional tenants in the negotiation of commercial leases.
- Represented private equity investors in connection with the multi-state acquisition and financing of existing long-term commercial “triple-net” leases.
- Advised private equity investor as special counsel regarding American Indian Law matters in connection with the acquisition of the master lessees’ interests under a portfolio of long-term commercial and residential ground leases with American Indian allottees, as master lessors, covering American Indian-owned lands in Riverside County, California.
- Acted as special counsel to borrowers in rendering California mortgage enforceability opinions to institutional or securitized debt holders in connection with multi-billion dollar multi-state, multi-property leveraged buy-out and/or recapitalization transactions
- Represented owners in the negotiation of architectural agreements and construction contracts for the construction or renovation of multi-million dollar single family residences.
