By Justin Johnson.
Updated Jun 22, 2023
MIAMI (PRWEB) June 22, 2023 - Danielle Gonzalez, a Real Estate Practice shareholder in the Miami office of global law firm Greenberg Traurig, P.A., represented Switzerland-based Empira Group in its acquisition of a multifamily residential development site in Dallas.
Empiras acquisition in Dallas is part of its broader U.S. expansion strategy that began in Miami, where it has acquired two multifamily development sites in the past year with Greenberg Traurigs assistance.
Empira, an institutional real estate investment firm, acquired the 1.1-acre site at 711 N. Pearl Street in Dallas with plans to build a high-rise consisting of 375 market-rate apartments and 7,300 square feet of ground-floor restaurant space. The site is strategically located three blocks from the Dallas Arts District, in the heart of the citys urban core.
Greenberg Traurig is excited to support Empiras expansion in Dallas with this state-of-the-art development, which will provide new housing options within walking distance of museums, shops, restaurants, parks, and job centers, said Gonzalez, who oversaw all aspects of deal structuring, negotiating, and transaction management on behalf of Empira. Greenberg Traurigs global platform and collaborative culture enable us to consistently deliver the service that clients like Empira need to grow and thrive in an evolving economic environment. We look forward to supporting Empiras continued expansion to key markets across the United States.
Gonzalez was assisted on the transaction by a multi-practice team of Greenberg Traurig attorneys in Chicago, Dallas and Miami, including Real Estate Shareholder Sean W. Bezark, Tax Shareholder Labry Welty, Associates Kathryn Corral and Shivani Rumalla, and Practice Group Attorney Theresa K. Bowley.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 45 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI Highly Recommended Law Firm for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 5.0 Certified Plus by The Diversity Lab and is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e Energy as a member of the U.S. EPAs Green Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: http://www.gtlaw.com.
About Empira Group: Empira Group is an institutional real estate investment firm headquartered in Zug, Switzerland. The firm focuses on private equity and private debt investments in residential real estate in the United States and German-speaking Europe. Empira currently manages over $8.9 billion in AUM, representing more than 100 German and Swiss institutional investors. Besides its Headquarters in Switzerland, Empira has offices in numerous German cities as well as London, Stockholm, Vienna, Luxembourg, and a fully vertically integrated investment office in Miami. Empira Group focuses on identifying unique investment opportunities to develop superior quality and sustainable mid-rise and high-rise residential properties in dynamic and fast-growing locations across the US Sunbelt region. For more information visit https://www.empira-invest.com/en/company.