Key Takeaways
- • Debevoise & Plimpton appoints Daniel Kasell as partner to its New York real estate group, strengthening the firm's real estate credit and private lending capabilities.
- • Kasell joins from TPG Real Estate Credit, where he served as senior advisor, bringing dual expertise in law firm and in-house investment platform experience.
- • Kasell's practice spans commercial real estate finance, credit investments, private equity real estate transactions, fund formation, CMBS transactions, mortgage and mezzanine financing, and distressed real estate.
- • Edward Rishty, real estate group chair, emphasizes that Kasell's background provides clients with practical insight into lender and investor evaluation and structuring methodologies across sophisticated transactions.
- • The hire reflects growing convergence of real estate, private credit, and asset management sectors, positioning Debevoise to capture opportunities in institutional lending and investment platforms.
Summary
Debevoise & Plimpton, an international law firm, has appointed Daniel Kasell as partner to its New York real estate group, marking a strategic expansion of the firm's real estate credit and private lending practice. Kasell joins from TPG Real Estate Credit, a global credit and real estate investing platform, where he held the position of senior advisor. His appointment reflects the firm's effort to deepen its institutional capabilities and broaden its service offerings in the evolving real estate and alternative credit markets.
Kasell brings a distinctive combination of law firm and in-house investment platform experience that directly addresses institutional client needs. His practice encompasses commercial real estate finance, credit investments, private equity real estate transactions, and fund formation. Additionally, he possesses substantial experience advising on CMBS transactions, mortgage and mezzanine financings, preferred equity investments, joint ventures, and acquisitions and dispositions across multiple asset classes. His background includes guiding lenders, credit platforms, and real estate investors through entire investment lifecycles, positioning him to translate investment-side perspectives into legal structuring expertise.
Edward Rishty, chair of Debevoise's real estate group, stated that Kasell "brings a rare combination of law firm and in-house investment platform experience, offering clients practical insight into how lenders and investors evaluate, structure and execute transactions." Rishty emphasized that the addition "deepens our bench strength, expands our offerings to clients and enhances our ability to advise on sophisticated real estate transactions." Kasell, in turn, highlighted the convergence of real estate, private credit, and asset management as a source of significant institutional opportunity, noting that Debevoise's "strong platform, deep institutional client relationships and existing real estate capabilities" position the firm to capitalize on this convergence effectively.
The hire underscores broader market dynamics in which institutional investors, credit platforms, and alternative asset managers are increasingly active in real estate investment and financing. By adding an advisor with direct experience at a major global credit platform, Debevoise strengthens its ability to serve sophisticated clients navigating complex transactions at the intersection of real estate ownership, leverage, and portfolio optimization.
Kasell brings a distinctive combination of law firm and in-house investment platform experience that directly addresses institutional client needs. His practice encompasses commercial real estate finance, credit investments, private equity real estate transactions, and fund formation. Additionally, he possesses substantial experience advising on CMBS transactions, mortgage and mezzanine financings, preferred equity investments, joint ventures, and acquisitions and dispositions across multiple asset classes. His background includes guiding lenders, credit platforms, and real estate investors through entire investment lifecycles, positioning him to translate investment-side perspectives into legal structuring expertise.
Edward Rishty, chair of Debevoise's real estate group, stated that Kasell "brings a rare combination of law firm and in-house investment platform experience, offering clients practical insight into how lenders and investors evaluate, structure and execute transactions." Rishty emphasized that the addition "deepens our bench strength, expands our offerings to clients and enhances our ability to advise on sophisticated real estate transactions." Kasell, in turn, highlighted the convergence of real estate, private credit, and asset management as a source of significant institutional opportunity, noting that Debevoise's "strong platform, deep institutional client relationships and existing real estate capabilities" position the firm to capitalize on this convergence effectively.
The hire underscores broader market dynamics in which institutional investors, credit platforms, and alternative asset managers are increasingly active in real estate investment and financing. By adding an advisor with direct experience at a major global credit platform, Debevoise strengthens its ability to serve sophisticated clients navigating complex transactions at the intersection of real estate ownership, leverage, and portfolio optimization.
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