What's Happening?
Barnes & Thornburg has announced the addition of JD Howard and Chad Sillman as partners in its real estate department. Howard will be based in the Atlanta office, while Sillman will operate out of Dallas. Howard brings extensive experience in real estate development,
offering strategic counsel to clients across various industries throughout the design and construction process. His expertise in contract structures and project delivery methods aims to ensure client protection and success from pre-construction to project closeout. Sillman specializes in advising renewable energy project sponsors, real estate developers, private equity firms, and Fortune 500 corporations on tax complexities.
Why It's Important?
The expansion of Barnes & Thornburg's real estate team with experienced partners like Howard and Sillman is significant for the firm's strategic growth. Howard's expertise in real estate development and Sillman's focus on tax complexities in renewable energy projects and large corporate transactions enhance the firm's ability to serve a diverse client base. This move positions Barnes & Thornburg to better navigate the complexities of real estate and energy sectors, potentially increasing its influence and competitiveness in these industries. Clients stand to benefit from improved strategic counsel and protection in their projects.
What's Next?
With the addition of Howard and Sillman, Barnes & Thornburg is likely to strengthen its market position in real estate and renewable energy sectors. The firm may pursue further expansion or partnerships to capitalize on emerging opportunities in these areas. Clients can expect enhanced advisory services, particularly in navigating complex tax and contract issues. The firm’s strategic growth may also lead to increased collaboration with industry stakeholders, potentially influencing broader market trends.
Beyond the Headlines
The inclusion of partners with specialized expertise in real estate development and renewable energy projects reflects a broader industry trend towards integrating sustainability and complex financial strategies into real estate practices. This could lead to long-term shifts in how real estate firms approach project development and client advisory services, emphasizing the importance of strategic planning and environmental considerations.
