January 7, 2025

MSW Year End Highlights 2024

In what was a banner-year for the transactional team at Murphy Schiller & Wilkes LLP (MSW), the firm helped clients close over $1,000,000,000 in commercial real estate and financing transactions throughout the country. Providing a full suite of legal services to the commercial real estate industry, the firm regularly represents a wide range of clients, including institutional funds, lenders, developers, family offices and private investors in connection with the most complex transactional matters.

In 2024, the firm represented the following:

  • Borrower in connection with Deed in Lieu transfer of 600,000 SF office complex in downtown Denver, CO in connection with $110,000,000 loan.
  • Seller in connection with $135,000,000 sale of industrial portfolio in northern New Jersey.
  • National bank in connection with modification of $125,000,000 revolving credit facility.
  • Developer in connection with a $114,000,000 tax credit award under the Aspire Tax Credit Program for a multi-phased mixed-use development in central New Jersey.
  • National cannabis company on $100,000,000+ term financing secured by business and real estate assets across multiple states.
  • Borrower in connection with loan modification of $88,000,000 loan and deed-in-lieu transaction for office building in San Francisco, California.
  • Borrower in connection with the defeasance of a $30,300,000 loan and new CMBS financing in the amount of $86,000,000 encumbering multiple multi-housing family projects located in Essex County, NJ.
  • Developer in connection with $74,000,000 Aspire tax credit for multi-family project in Newark, NJ.
  • Developer in connection with $40,000,000 purchase of industrial property in Middlesex County, New Jersey.
  • Developer in connection with $35,000,000 refinance of multifamily property with major life insurance company lender.
  • Developer in connection with $30,000,000 acquisition and construction loan for industrial project in New Castle County, Delaware.
  • New Jersey bank in connection with a $30,000,000 revolving credit facility and a $10,000,000 equipment loan facility for a New Jersey based company.
  • International bank in connection with amendment and restatement of $27,000,000 in credit facilities secured by properties in multiple states.
  • Borrower in connection with a $26,500,000 life insurance company refinance of a multifamily property in Essex County, New Jersey.
  • Community bank in connection with a participation in a $21,000,000 mortgage loan for a New Jersey senior care facility.
  • Borrower in connection with $20,000,000 construction loan for property located in Union County, New Jersey.
  • Lender in connection with a $20,000,000 construction loan for a multifamily development in Morris County, New Jersey.
  • Developer in connection with $20,000,000 sale of industrial building in East Rutherford, New Jersey.
  • International lender in connection with the modification of $19,450,000 in credit facilities secured by business and real estate assets across multiple states.
  • Purchaser in connection with $9,000,000 acquisition of warehouse distribution site in South Brunswick, NJ.

Murphy Schiller & Wilkes LLP (MSW) is a boutique law firm servicing the commercial real estate and construction industries. Headquartered in Newark, New Jersey, the firm represents a wide range of clients, including institutional, publicly traded real estate companies, international and regional lenders, national contractors and subcontractors, and family offices. The firm has been ranked as a top law firm by both Chambers & Partners and U.S. News & World Report.