The U.S. Corporate Transparency Act (“CTA”) requires certain privately owned entities to report information about the people who control them (their “beneficial owners”) to the Financial Crimes Enforcement Network of the U.S. Department of the Treasury (“FinCEN”). The CTA rules generally apply to privately owned limited liability companies (LLCs), limited partnerships (LPs), corporations and other…
ROSS L. YUSTEIN
PARTNER
Ross Yustein is the chair of Kleinberg Kaplan’s Real Estate Department. He counsels clients on a variety of real estate matters, including joint venture transactions, real estate development, sales and acquisitions, financing, leasing and real estate private equity.
Practices
About
Ross represents a diverse group of clients, including owners, operators, developers, lenders, borrowers, landlords, tenants and investors in various transactions such as sales, acquisitions, financings (permanent, construction, mezzanine and revolving), leases, joint ventures and restructurings. Ross has also worked on a substantial number of real estate bankruptcies and workouts.
Experience
- Represented a hedge fund in a joint venture i) to acquire and renovate the Parker Hotel New York, ii) to acquire the Grande Lakes Orlando Resort and iii) to acquire the River City Condominium in Chicago.
- Represented a joint venture lender in the acquisition and restructuring of multiple-tranche debt secured by 245 Tenth Avenue, a 44,939 square foot mixed use condominium located contiguous to the High Line Park in New York City.
- Represented purchaser in $124 million acquisition of Florida condominium development from distressed seller.
- Represented landlords and tenants in hundreds of commercial leases ranging from 2,000 to 500,000 square feet.
- Represented sellers in $73 million sale of office buildings located at 331 Madison Avenue and 48 East 43rd Street in Manhattan.
- Represented $200 million investor in $1 billion real estate opportunity fund.
- Represented New York developer in successful restructuring of six different distressed construction loans, avoiding bankruptcy.
- Represented medical office building developer in development, acquisition, financing and leasing of numerous projects in several states.
- Represented landlord in restructuring of 40,000 square foot office lease of tenant in bankruptcy.
- Handled real estate aspects of numerous bankruptcies on behalf of creditors and debtors, including restructuring of $200 million credit facility secured by 550 owned and leased gas stations.
- Represented mezzanine lender in bankruptcy restructuring of $100 million Texas golf course community development.
- Represented mezzanine lender in origination of dozens of loans for New York City mixed-use developments.
Education
Georgetown University Law Center (J.D., 1994)
Brown University (B.A., 1988)
Bar Admissions
1995, New York
1994, New Jersey
Insights
The Corporate Transparency Act Is Here
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September 27, 2023Firm NewsWe are pleased to announce that 17 of the firm’s attorneys were selected for inclusion in the 2023 edition of Super Lawyers®, a national legal ranking. Attorneys were nominated by their peers and recognized for their outstanding professional achievement in several legal practice areas, including business litigation, estate & probate, mergers & acquisitions, real estate, securities…