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Japan – Mofo Adds Real Estate Finance Partner Masahiro Shiga in Tokyo.

 

4 October, 2012
 
Morrison & Foerster has announced that leading Japanese real estate finance lawyer Masahiro Shiga has joined Ito Mitomi Horitsu Jimusho (“Ito & Mitomi”) as a partner. Ito & Mitomi has established a joint enterprise with Morrison & Foerster to provide legal services through its Tokyo office. Mr. Shiga joined together with associates Mori Inada and Mansu Pak; their arrival enhances what is already the premier real estate practice among international law firms in Japan. 
 
Mr. Shiga is a well-known and highly respected bengoshi whose practice focuses on real estate finance, fund formation and private equity, banking and financial institutions, hospitality, workouts and restructurings, distressed acquisitions and financing, and real estate investment trusts. He regularly represents major commercial lenders, investors and investment banks in cross-border transactions, as well as in large restructurings and workouts. Over the past decade, Mr. Shiga has advised on the purchase of more than ¥1 trillion ($12 billion) in Japanese real estate, and represented lenders in more than ¥600 billion ($7 billion) in bonds issued and securitized loans. He has handled transactions across all major property types, including commercial, professional, industrial, and hospitality.
 
“We know Masa Shiga well and are delighted to welcome him and his team to the firm,” said Ken Siegel, Managing Partner of Morrison & Foerster’s Tokyo office. “Masa joins us at a very opportune moment. We’re seeing renewed confidence in Japan among long-term investors, and more opportunistic funds are scouring the market for attractive distressed assets. We believe Masa and the MoFo platform are a perfect fit.”
 
Mr. Shiga joins Morrison & Foerster from the Tokyo office of Skadden, Arps, Slate, Meagher & Flom, where he led the Japan real estate practice. The two associates joining the firm are also from Skadden. Mr. Shiga has worked with leading banks such as Sumitomo Mitsui and Shinsei, as well as foreign borrowers and investors.
 
He has also advised private real estate firms such as Asia Pacific Land, and counseled some of the biggest sovereign wealth funds in Asia in their real estate transactions.
 
“Masa’s experience advising institutional lenders perfectly complements our fund and equity-side work in Asia,” said Tokyo real estate partner Eric Piesner, Managing Partner for Asia and head of the Asia real estate practice. “As the lending market continues to rebound, Masa’s practice will prove to be an ideal addition for expanding our lender-side deal work.”
 
 

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