Richard S. Novak - Pierce Atwood LLP

Richard S. Novak

Listed in Best Lawyers since 2013

Richard S. Novak, a partner in Pierce Atwood's Boston office, concentrates his practice on institutional real estate investments for major banks, insurers, special servicers, and investors, adaptive reuse development projects, portfolio and single asset restructurings, acquisitions and dispositions, hotel and office complex restructurings, and both build to suit leasing and ground lease development projects.

Middlebury CollegeBA 1977Boston University School of LawJ.D. 1980
NAIOP MassachusettsReal Estate Finance AssociationUrban Land Institute

Case History

Recent Experience

Representation of owner of 200,000+ sq. ft. regional shopping center in recapitalization and repositioning joint venture including key lease termination and replacement

Representation of data center operator in ongoing co-tenant and subtenant issues

Representation of ground lessor/co-venturer in creation of ground leasehold commercial condominium units to facilitate advantageous sale of 200+ plus key hotel unit

Representation of lead lender in loan modification, extension, and substantial pay down of $120+ million loan for multifamily urban renewal project

Representation of lead lender in dual track note sale/sale of Final Judgment of Foreclosure for $25+ million Southeastern midrise condominium project

Representation of lead lender in receivership and deed in lieu of foreclosure for $50+ million Southeastern high rise condominium project

Client Comments

"I have worked with attorney Novak for 20-plus years on more than $1 billion in RE transactions and have found him to be an extremely effective attorney with a great combination of expertise and common sense."

-Michael Prakken
Senior Vice President
CBRE Capital Markets, Inc.

"I have worked with Mr. Novak on a number of matters, including refinancing a shopping center, entering into an agreement to form a joint venture in real estate owned by an entity that I control, and entering into an operating agreement. His response to any inquiries has been excellent. His skills, not only in the law, but also in the quick grasp of facts (particularly with complicated facts), and his skills in communication with me have been outstanding."

Office Location

100 Summer Street, Suite 2250
Boston, MA 02110
United States

Practice Areas

Real Estate Law

Other Information

Gender: Male