Andy Bengtson's practice combines more than 14 years of legal experience in the commercial real estate sector with a pragmatic perspective to achieve the client's goals. He has a particular emphasis on joint venture formation, real estate finance, real estate fund sponsor formation, and acquisition and disposition of hotels, shopping centers, apartments, and office buildings throughout the U.S. Andy has experience representing borrowers in commercial mortgage-backed securities (CMBS), construction, and other types of real estate financing transactions and also has represented Firm clients in the real estate aspects of M&A transactions.
Representative transactions include (i) several with DDR, including (1) the recapitalization of a joint venture with an affiliate of Madison International Realty involving 52 shopping centers for a total of $1.05 billion, (2) a joint venture with Blackstone in a $1.93 billion acquisition of 71 shopping centers, and (3) the $1.46 billion acquisition from Blackstone of a prime shopping center portfolio; (ii) the formation of the Mill Creek joint venture, which raised more than $200 million for multifamily developments; (iii) many with The NRP Group, including the corporate recapitalization involving TriPost Capital Partners, LLC and Angelo, Gordon & Co., L.P; and (iv) several with Morgan Stanley, such as the $6.5 billion buyout of Crescent Real Estate Equities and the $1.5 billion buyout of the Town & Country Trust. Andy also has represented AllianceBernstein, American Greetings, Associated Estates, Behringer Harvard, Blackstone, H.I.G. Capital, StepStone Real Estate, Tanger Factory Outlet Centers, and Trigate Capital.
Andy is a member of the board of directors of The First Tee of Cleveland and a member of the State Bars of Texas and Ohio.
- University of Michigan (J.D. cum laude 2004; Associate Editor, Michigan Journal of International Law; Merit Award in Financial Institutions; Merit Award in Real Estate Finance Law; M.B.A. with high distinction 2004); University of Kansas (B.A. in Economics with distinction and departmental honors 1999; B.S. in Business Administration with distinction 1999; Phi Beta Kappa)
- Texas and Ohio
- The Best Lawyers in America (2018 and 2019) for real estate law