Greenberg Traurig Strengthens Stadium Financing Team with New Addition

In a move that underscores its commitment to expanding expertise in the complex arena of stadium financing and development, global law firm Greenberg Traurig, LLP has welcomed real estate attorney Jason Goldstein as a shareholder in its New York office. This addition forms a vital part of the firm's strategy to bolster its capabilities in a highly significant area of real estate.

Goldstein joins Greenberg Traurig from Winston Taylor, bringing a wealth of experience to the table with nearly three decades in legal practice focusing on intricate real estate finance transactions and development of sports stadiums and arenas. His notable track record includes working on some of the largest stadium projects across North America, which places him in an exceptional position to contribute to the firm's expanding portfolio of high-profile projects.

Richard A. Rosenbaum, Executive Chairman at Greenberg Traurig, commented on the new development, affirming that Goldstein's addition reflects the firm’s ongoing investment in sophisticated real estate finance capabilities. This is particularly relevant as stadium and arena financing is becoming an increasingly strategic area for the firm to address the evolving needs of clients involved in sports and real estate.

Goldstein's expertise is extensive; he has a rich experience in negotiating project ground leases, development documents, and facility use agreements, handling the full lifecycle of stadium and arena projects. His work also encompasses representing commercial lenders in conventional mortgage and construction lending, as well as managing loan workouts and restructurings. This breadth of knowledge is essential for navigating the complexities associated with stadium and arena developments.

Co-chair of the firm's Sports Business Industry Group, Denis Braham, highlighted that stadium and arena projects combine intricate financing, real estate, development, and operational considerations. Therefore, Goldstein’s experience is invaluable during a time of heightened investment and activity in this sector throughout North America.

Goldstein’s experience also includes negotiating agreements for a national sports franchise's relocation and advising on significant financing structures for new NBA arenas, demonstrating his ability to navigate high-stakes projects. Notably, he represented lenders in a substantial private bank financing for a new stadium project that totaled around $1.8 billion, integrating both public and private financing along with equity contributions.

Reflecting on his move, Goldstein expressed his admiration for the collaborative culture at Greenberg Traurig and the firm’s ethos of exceptional client service. Having previously interacted with many lawyers from the firm, he was drawn to the opportunity to join a team eager to attain ambitious goals together.

Goldstein's arrival at Greenberg Traurig marks a further step in the firm’s strategic growth in the field of sports law and stadium financing. The firm has systematically expanded its sports law capabilities, evidenced by recent strategic additions in various key markets, including experts like Steven Bainbridge in Dubai and Robert Turner in London. This expansion not only reinforces Greenberg Traurig's position in the competitive legal market but also amplifies its ability to support clients in navigating the multifaceted realities of sports and real estate projects.

Goldstein earned his J.D. from Benjamin N. Cardozo School of Law and holds a Bachelor of Arts from Haverford College, positioning him well for the challenging landscape of real estate law. As Greenberg Traurig continues to develop its team and resources, the firm remains dedicated to providing innovative and effective legal services across borders and industries.

With a workforce of approximately 3,200 lawyers spread across 51 locations globally, Greenberg Traurig is recognized as one of the top law firms in terms of trust and relationship management, notably featured in rankings like the Am Law Global 100 and the Law360 400. The firm is distinguished not just by its legal prowess, but also by its commitment to philanthropic efforts and a culture of innovation.

For more information about Greenberg Traurig and its expanding services in sports and real estate law, visit their website at www.gtlaw.com.

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