U.S. Real Estate Investment Forum: A Roadmap to Accessing U.S. Markets

Investors and other market players share their experience of how they navigated cross-border business, legal and cultural hurdles. From joint ventures, acquisitions, financing and developments to concrete opportunities in the U.S. primary and secondary markets, this seminar covers key strategies ...

Drawing on 12 years’ experience in Orrick’s Tokyo and Hong Kong offices, Michael Haworth advises international investors and lenders on their real estate acquisition and financing transactions throughout the U.S. and Asia.

Michael’s practice focuses on cross-border real estate investment transactions. He helps Asia based investors navigate complex real estate investments in the U.S., often as a joint venture capital partner, and represents international clients investing in real estate in Asia through debt or equity. Michael counts among his clients regional and international investment funds, pension funds, developers, banks, life insurance companies and other financial institutions. He has particular experience advising on transactions involving Japan.

Consistently ranked by Chambers Asia and Legal 500 among the leading international real estate lawyers in Japan, Michael is described by clients as “really good at understanding our objectives.” Clients also comment that Orrick’s “level of service is one of the highest in the local market.”

  • Several of his recent engagements include the following.

    • Representing the U.S. real estate subsidiary of one of the largest Japanese conglomerates on its major equity investment in an office building development in New York City. In a joint venture among our client, a developer and an opportunity fund, the joint venture will demolish the existing office building and build a state-of-the-art, 691,000 square foot creative office building. This high profile project will be the first full-block office development on Manhattan’s Park Avenue in nearly 60 years.
    • Representing a joint venture between Tokyo Trust Capital Co., Ltd. and Meritage Properties in the $54 million acquisition and $25 million related financing of 1100 G Street, NW, an eleven-story office building located in the heart of Washington, D.C. directly across from the Metro Center station.
    • Representing an international investment fund with numerous real estate acquisition, real estate debt acquisition, joint venture and financing transactions across Japan, including office, retail, residential and hospitality properties, representing an aggregate transaction volume of over ¥48 billion ($479 million) in a twelve month period.
    • Representing numerous institutional lenders in connection with establishing Japan lending programs and the origination of various nonrecourse loans and the purchase of tokutei mokuteki kaisha bonds secured by real property located in Japan.