#United States #New York #Real Estate #Troutman Pepper #Stephen Schweiger

Stephen Schweiger Joins Troutman Pepper as Partner in New York Office

Troutman Pepper, a national law firm with a strong presence across the United States, has made a significant addition to its team by welcoming Stephen Schweiger as a partner in its New York office. A well-respected figure in the field of real estate finance law, Schweiger's expertise will bolster the firm's Finance and Restructuring Practice as it continues to grow in one of the most competitive markets in the country.

A Strong Asset in Real Estate Finance

John Leonti, the chair of Troutman Pepper's Regulatory and Finance Department, highlighted Schweiger's arrival as a transformative addition. "Stephen's arrival significantly boosts our Real Estate Finance offerings in New York," he stated. His extensive background in complex financing projects uniquely positions him to support sophisticated transactions within the firm.

Schweiger’s experience encompasses a wide range of financing methods including construction, mezzanine, and permanent financing. He has effectively represented various financial institutions, managing complex projects that often involve multiple lenders and different tiers of financing. This depth of knowledge is critical in today's multifaceted real estate transactions, especially in a bustling market like New York City's.

Additionally, Schweiger has a specialized understanding of New York lien law, which has played a crucial role in structuring and restructuring construction loans. His proficiency also extends to handling the workouts and resolution of troubled loans on both a national and local scale. This well-rounded skill set allows him to tackle challenges that many clients face in the real estate sector.

Educational Background

Stephen Schweiger earned his Juris Doctor (J.D.) from New York University School of Law, a prestigious institution known for its rigorous legal training. He also holds an A.B. from Stanford University, which further emphasizes his strong academic credentials.

In his own words, Schweiger expressed his excitement about this new chapter: "I am thrilled to join Troutman Pepper and contribute to the firm's growth in the finance and restructuring space. Collaborating with my new colleagues, I look forward to leveraging our collective strengths to better serve our clients." His enthusiasm reflects a strong commitment to the firm's mission and its clientele.

Commitment to Financial Growth

Steven Khadavi, the managing partner of Troutman Pepper's New York office, echoed the sentiment about Schweiger's impact. "His addition to the New York office underscores our commitment to expanding our capabilities in the financial epicenter of the United States," Khadavi noted, indicating that Schweiger's expertise in real estate finance will be beneficial, particularly in construction and complex financing projects.

Troutman Pepper prides itself on offering top-tier legal services across various industries, and Schweiger's joining will undoubtedly enhance that ability. The firm's Financial Restructuring + Insolvency Practice Group is known for providing innovative solutions tailored to the unique needs of clients facing financial challenges. This group emphasizes recovery and return on investment, with a thorough understanding of pre- and post-insolvency issues from every stakeholder's point of view.

About Troutman Pepper

Troutman Pepper is a national law firm comprising over 1,100 attorneys stationed in more than 20 U.S. cities. It serves a broad range of clients, from startups to large multinational corporations. The firm's practices cover numerous industries, including energy, financial services, healthcare, and private equity.

In an exciting upcoming development, Troutman Pepper is set to merge with Locke Lord on January 1, 2025, creating a larger entity — Troutman Pepper Locke. This merger will result in a combined team of more than 1,600 lawyers, enhancing the firm’s ability to solve complex legal issues across broader geographies and industries.

With this strategic growth through partnerships and expert additions like Schweiger, Troutman Pepper continues to solidify its position as a leader in providing sophisticated legal solutions to its clients' most pressing business challenges.