International law firm Proskauer has appointed transactional lawyers Don Melamed and Albert W Stemp as partners in the firm’s Los Angeles office.
Their arrival follows a number of high-profile additions to the Firm’s private investment fund and real estate offerings globally, including private equity real estate partners Joanne Owen and Vikki McKay, real estate finance partner Paul Lucas in London, and private investments funds partner Monica Arora in New York.
“We are delighted to welcome Don and Al to the Firm. Proskauer has been a trusted advisor to the real estate and private investment fund industries for decades, and we continue to develop our offering to meet the strategic needs of our clients,” says Jeffrey A Horwitz, co-head of Proskauer’s Private Equity Real Estate Group. “Their diverse experience representing private equity real estate and alternative asset funds, REITs and strategic investors fits perfectly with our already market-leading practices.”
Melamed represents institutional investors and asset managers in investment and fund-related matters with an emphasis on forming buy-out, mezzanine, distressed debt, real estate and venture capital funds. He also has an expertise in incentive arrangements, co-investment transactions, spin-outs and all other matters related to the formation and operation of asset management businesses. In addition, he advises institutional investors and family offices in connection with both primary and secondary transactions across the asset class. He received his JD from Loyola Law School and his BA from the University of California, Irvine. He joins the Firm from O’Melveny & Myers.
Stemp advises clients in a broad array of real estate transactions, including private equity funds, REITs, institutional capital sources and hospitality companies. In addition, he represents lenders and borrowers in all types of real estate finance transactions, including mortgage, mezzanine and construction loans. An acclaimed lawyer in Chambers USA, Stemp received his JD and MA from the University of Colorado at Boulder, and his BA from The Pennsylvania State University. He joins the Firm from Hogan Lovells.
“Don and Al are extraordinarily talented lawyers with tremendous national reputations, and we are excited to welcome them to the firm,” says Michael Woronoff, head of the Firm’s Los Angeles office. “They are strong additions to our Los Angeles office as we continue the strategic growth of one of the premier transactional practices on the West Coast.”
