Shapiro, Lifschitz & Schram

“They give me custom-tailored advice.”

Skip Kriss – Executive Vice President, The Richmond Corporation

Shapiro Lifschitz & Schram represents the Bernstein Companies in $600M deal with Marriott International

Steven H. Schram, co-president and managing principal of Shapiro Lifschitz & Schram, P.C., has led a team of attorneys representing the Bernstein Companies, one of the oldest commercial real estate firms in Washington, D.C., in a deal valued at $600 million. Marriott International, Inc., the world’s largest hotelier, announced on July 26 that it had officially signed agreements with developers Boston Properties and the Bernstein Companies for a new company headquarters and flagship hotel to be built in Bethesda, Md., just north of the Bethesda Metro Station. The $600 million development is slated for completion in 2022 and will include a 700,000-square-foot, 22-story headquarters building and a 230-room Marriott Hotel.

“This transaction was probably the largest, most complex, and most challenging transaction ever handled by the firm,” said Schram. “I am proud of the firm’s participation in this deal, not only from the standpoint of our legal representation, but because of the long, special relationship our firm has with the Bernstein Companies, a well-respected, multi-generational company. Shapiro Lifschitz & Schram is honored to be a part of this project, which will leave a significant legacy for the Bernstein Companies and its principals in the Washington, D.C., metropolitan area.”

Marni Lefkowitz Ahram, a member of the firm’s Real Estate and Business groups, assisted Schram with the lead and was praised by all parties for her role in the successful completion of the transaction. Other firm attorneys representing the Bernstein Companies in this matter include Ronald S. Shapiro, Robert A. Foster, Barry J. Fleishman and Barbara Anne (B.A.) Spignardo, as well as Ashleigh Mcfadden, a paralegal with the firm.

Found In: News, Real Estate

Did You Know . . .

Members of the SLS trial group have tried in excess of 50 jury trials and 75 bench trials?

The SLS construction group has worked on sports stadiums across the country including Orioles Park in Baltimore and Paul Brown Stadium in Cincinnati?

The SLS construction group has worked on power plant projects across the country?

In 2007 SLS was selected for an Honorable Mention as one of the Best Places To Work in Washington DC?

Ron Shapiro, Steve Schram and Judd Lifschitz have all been selected as SuperLawyers by Law and Politics?

The SLS office building is an historic townhouse constructed in the late 1800s?

SLS has been selected by Martindale-Hubbell as a Preeminent Law Firm?

SLS trial lawyers have argued appeals in the U.S. Circuit Courts of Appeal for the 4th, 5th, 9th, D.C. and Federal Circuit?

SLS trial lawyers have been lead trial counsel in cases in Arizona, California, District of Columbia, Florida, Louisiana, Maryland, New Jersey, New York, North Carolina, Oregon, Texas, and Virginia, - to name just a few?

Virtually all the cases that SLS trial lawyers mediated have been favorably settled at mediation?

The transactional group at SLS was lead counsel on one of the largest, most complex mixed-use projects in downtown Washington, DC involving 4 lenders and 6 property owners?

In appreciation for the outstanding efforts of each of its employees during 2007, SLS gave everyone (attorneys, paralegals, and staff) a 4 day/3 night expense paid trip to Key West, Florida?

The transactional group at SLS has represented tenants in more than 200 retail leases in the Mid-Atlantic region?

Every attorney in the transactional group at SLS has at least 15 years experience?

The transactional group at SLS has represented developers in the purchase, construction, financing and/or sale of more than 75 multi-family apartment projects?

The transactional group at SLS has represented real estate investors and developers with respect to property in Pennsylvania, West Virginia, Delaware, Maryland, the District of Columbia, Virginia, North Carolina, South Carolina, Georgia, Florida, Texas, Tennessee, Michigan and the U.S. Virginia Islands?

Attorneys in the transactional group at SLS have represented eight national banks in commercial real estate loans?

Attorneys in the transactional group at SLS have represented the FDIC, the Resolution Trust Corporation and several banking institutions in loan workout transactions throughout the Mid-Atlantic region?

The transactional group at SLS has represented homebuilders and commercial real estate developers in work-outs of individual loans and also for work-outs of large portfolios involving dozens of properties in several states?

The trial lawyers of SLS have numerous reported decisions to their credit?