Arthur S. Adler has practiced in Sullivan & Cromwell’s Commercial Real Estate Group since 1983. He has extensive expertise in substantially all aspects of commercial real estate and real estate finance and over time has represented each of the many parties in a wide array of transactions. Among his clients are:

Commercial Mortgage and Real-Estate Company Financings and Workouts. Borrowers, lenders and investors in the origination, modification, enforcement and workout of securitized and conventional commercial mortgage loans, revolving credit facilities, mezzanine loans and preferred equity.
Distressed Situations. Purchasers and sellers of distressed properties and debt instruments.
Sale-Leasebacks. Lessors, lessees and lenders in long-term (as well as construction-period) sale-leaseback transactions, both on- and off-balance sheet, as well as affiliated-company “true” leases (i.e., propco-opco structures) on which substantial secured and unsecured third-party financings were premised.
Joint Ventures. Developers and investors in joint venture transactions to develop, redevelop, operate and/or finance office, hotel and other commercial properties.
Headquarters and Other Significant Facilities. Corporate and other institutional users, as well as debt and equity financing sources, in connection with the development, acquisition and financing of headquarters and other significant facilities.