News

BakerHostetler Team Represents Management Team of Metropolitan Real Estate Equity in Sale

News / February 25, 2021

BakerHostetler served as legal counsel to the management team of Metropolitan Real Estate Equity, LLC (Metropolitan), in its acquisition in February 2021 by BentallGreenOak. Metropolitan had previously been held by global investment firm The Carlyle Group Inc. Terms of the agreement have not been publicly disclosed. The deal closed on April 1, 2021.

The BakerHostetler deal team includes Partner Steven Goldberg, co-leader of the firm's national Mergers and Acquisitions team; Partners Jason D’Cruz and Raymond Malone, and Associate Ashley Guffey.

Metropolitan is an integrated primary, secondary and co-investment real estate platform, with more than $2.4 billion (as of December 31, 2020) in assets under management. BentallGreenOak is a global real estate investment management advisor and provider of real estate services with more than 750 institutional clients with approximately $53 billion of assets under management (as of December 31, 2020).

More information.