The National Association of Real Estate Investment Trusts has honored Gil Menna with the NAREIT Industry Achievement Award for outstanding contributions to the REIT industry. The award was presented in New York City at this year's annual REITWorld 2010 Conference, celebrating the 50th anniversary of the legislation establishing real estate investment trusts. Each year, NAREIT honors an industry professional whose acumen and integrity have helped raise awareness and understanding for the value of REITs and publicly traded real estate. Mr. Menna is co-chair of the Real Estate Capital Markets Group at Goodwin Procter, a national Am Law 50 law firm.
"I'm honored to be able to represent the many past and present colleagues at our firm who have carried on our firm's tradition of service to this important industry and to NAREIT, the organization that supports its growth on so many levels," said Mr. Menna. He represents some of the nation's leading publicly traded real estate operating companies in connection with their corporate finance, corporate governance, and merger and acquisition transactions. Over the past five years, he has assisted clients in REIT transactions totaling over $109 billion, with $94 billion in M&A transactions and $15 billion in equity or debt securities transactions.
Since its role in the inception of the industry in 1960, Goodwin Procter has continued to assist its clients and NAREIT in connection with the modernization of the REIT vehicle. In 1992, in connection with the Taubman Centers, Inc. initial public offering, Goodwin Procter helped to create the first public UPREIT structure by providing the first UPREIT tax opinion used in a public securities offering. This work proved to be a turning point in the modern REIT era, with the UPREIT structure paving the way for the tax advantaged initial public offerings of a large number of widely respected private real estate operating companies.
Today, Goodwin Procter continues its l