Sheri P. Chromow

Experience

Ms. Chromow is a partner in the Real Estate Practice at Katten Muchin Rosenman LLP. She has extensive experience in a wide range of real estate transactions, both in the United States and overseas. Her practice, which is international in scope, includes financings of all varieties, including structured, syndicated, securitized and construction; joint ventures and partnerships, including the establishment of public and private REITs and funds; and acquisitions and dispositions of assets. Ms. Chromow has worked extensively on hotel development, management and financing projects. She has also significant experience in workouts, enforcements and restructurings.

Ms. Chromow’s clients include WestLB AG, HSH Nordbank AG, ING Real Estate Finance (USA) LLC, Wachovia Bank, Emigrant Bank, Textron Financial Corporation, The Bank of Nova Scotia and Westdeutsche Immobilienbank. She also advises The Prescott Group, LLC, Makar Property, Citigroup and The Clarett Group. Ms. Chromow was named a finalist for the Lawdragon 500 Leading Lawyers in America in 2007, and was listed in the The Best Lawyers in America (2010–2012) in the specialty of Real Estate and the 2010 edition of Presidential Who’s Who Among Business and Professional Achievers. She also has been included in every edition of The Legal Media Group's Guide to the World’s Leading Real Estate Lawyers since 2002.

Recent transactions which Ms. Chromow has worked on include:

• Working with the City of Beverly Hills on behalf of a major financial institution in connection with the development of a hotel in Beverly Hills to be operated as a Montage Hotel.
• The refinancing of LaSamanna Hotel on the French side of St. Martin, together with a construction loan for the development and sale of villas on the Dutch side of St. Martin.
• The financing of the Meatpacking Standard Hotel.
• The acquisition of a private hotel REIT.

Lectures

• Panelist, “Real Estate Mezzanine Finance Summit 2010,” iGlobal Forum (April 2010)
• Practising Law Institute – real estate finance, workouts
• New York County Bar Association – leasing issues
• Urban Land Institute (ULI) – investment structures and commingled investments; developments in downtown New York
• Association of Foreign Investors in Real Estate (AFIRE) – financing issues affecting German institutions
• Columbia University, Real Estate Masters Program – legal aspects of real estate finance
• Harvard University Executive Education Programs, “Distressed Real Estate: Examining Debt and Equity Structures to Mitigate Losses and Identify Opportunities, Workouts and Restructuring – A Legal Perspective,” (July 22-23, 2009 – Panelist)

Presentations

• “Distressed Hotel Assets” – Harmonie Club, February 16, 2010

Memberships & Affiliations

• Executive Committee, New York District Council, ULI – Leader of Task Force on Affordable Housing
• ULI National – Mixed Use Council – Membership Chairman
• Advisory Board, New York University Law School Furman Real Estate Institute
• Advisory Board, Ticor Title Insurance Company
• Former General Counsel, AFIRE
• Board of Experts, The International Real Estate Trade Organization
• Advisory Board, New York University Women’s Initiative

Publications

• AFIRE - an article on Contracts of Sale
• Co-author of “Picking Up the Pieces: A Lender’s Guide to Analysis of Workouts and Restructurings of Distressed Commercial Real Estate Loans,” November 2009
• "Tenancy in Common Emerges, Posing Challenges," New York Law Journal, April 12, 2004
• "They’re the new ‘in’ thing, but are TIC’s here to stay?” Real Estate Weekly, April 6, 2005
• "CDOs Impact the Debt Market,” New York Law Journal, August 2005
• "Real Estate Ownership: A Series of Cycles," a chapter in Inside the Minds: Winning Legal Strategies for Real Estate: Leading Lawyers on Securing Financing, Structuring Contracts, and Ensuring Successful Transactions, Aspatore Books, 2005

Ms. Chromow attended Barnard College and received her B.A. in 1968 and earned her J.D. from New York University School of Law in 1971. She is admitted to practice in New York.