Hunton Andrews Kurth LLP
  January 1, 2014 - Virginia

Real Estate Capital Markets - 2013 Year in Review

Hunton & Williams LLP’s Real Estate Capital Markets group had a very active and successful 2013, thanks to our clients and friends who provide us opportunities to work on a variety of interesting, cutting-edge transactions. With sincere appreciation for these opportunities, we share below some highlights of our activity during 2013. We look forward to continuing to build our relationships and thank you again for your continued confidence in the work we do together.

2013 Highlights
During 2013, our team handled more than 60 real estate capital markets transactions aggregating more than $12 billion. Our work was split almost evenly between issuer representation and underwriter representation. Our 2013 work was highlighted by the completion of eight initial public offerings, five as issuer’s counsel and three as underwriters’ counsel. As the year drew to a close, we also have a number of IPO registration statements submitted confidentially to the SEC with hopes for a strong start to the IPO market in 2014.

During 2013, we handled 27 securities offerings by mortgage REITs and other specialty finance companies, such as BDCs, 13 hotel REIT transactions, eight retail property REIT transactions, and transactions involving industrial, multifamily, storage, office, single-family residential, health care and other asset classes. Approximately two-thirds of the transactions we closed were public common stock offerings, with the remainder being senior notes offerings, preferred stock offerings and private transactions, including Rule 144A/Reg D equity  offerings, as well as merger and acquisition transactions.



Read full article at: http://www.hunton.com/files/Publication/aa244374-216a-45ef-b400-3ff1458c8309/Presentation/PublicationAttachment/de859f3c-a41c-456f-824a-419c0831ca97/Real_Estate_Capital_Markets_2013_Year_in_Review.pdf