Ditto, W. Paul Jr.

Current Employment Position(s)

Counsel

Lawyer Overview

Paul Ditto represents clients in single as well as multiproperty and multijurisdictional real estate acquisitions, dispositions, mergers and acquisitions, financings, joint ventures, and other areas of large complex real estate transactions. He has extensive experience in the planning and structuring of domestic and foreign equity ownership (limited liability companies, limited partnerships, corporations, and other business entities) as well as in property, asset, and development management. Paul's practice also includes assisting clients with member and partner transfers, partner buy-sell transactions, and other joint venture exit strategies and with distressed assets and troubled joint ventures.

Representative transactions include many real estate deals for Morgan Stanley, including the $8.6 billion buyout of Canary Wharf; the $6.5 billion buyout of Crescent Real Estate Equities; the $525 million acquisition and joint venture of 11,0000 homesites with Lennar Corp; the 1.9 million square foot, $400 million Lac Mirabel retail and entertainment complex joint venture with the Gordon Group just outside Montreal, Quebec; and the 91,000-acre Babcock Ranch mixed-use and planned development and state park joint venture with Kitson and Partners in Lee and Charlotte counties Florida.

Paul is a member of the real estate sections of the State Bar of Texas and the Dallas Bar Association.

Areas of Practice

• Real Estate
• Real Estate & Property Companies
• Real Estate Capital Markets
• Real Estate Funds

Representative Cases

• Dividend Capital Trust joint venture acquires three U.S. shopping centers , (2009)
• Morgan Stanley acquires 49% interest in Crescent Resources, a subsidiary of Duke Energy Corporation
• Morgan Stanley acquires nine full-service Adam's Mark hotels through joint venture
• Morgan Stanley forms joint venture to acquire Georgia acreage
• Morgan Stanley forms joint venture to acquire the Ibis Golf and Country Club and surrounding residential land in Palm Beach, Florida
• Morgan Stanley forms joint venture to complete a sale-leaseback of German real estate properties
• Morgan Stanley forms joint venture with Kitson & Partners to acquire the LPGA National Golf and Country Club and surrounding land
• Morgan Stanley International Real Estate Funds acquires Canary Wharf Group , (2009)
• Morgan Stanley participates in equity fund-raising for co-investment in shopping center development business
• Morgan Stanley Real Estate Funds acquire NPL from Huarong , (2009)
• MSREF enters into joint venture to acquire, develop, and manage single tenant properties in Brazil , (2009)
• TriGate Capital acquires interest in a sponsor of opportunistic real estate private equity funds
• Westbrook Real Estate Funds forms joint venture for the sale-leaseback of a Nice office/lab property

West Practice Categories

Banking & Finance Law, Commercial Leasing, Commercial Real Estate, Condemnation, Condominiums & Cooperatives, Conveyancing, Eminent Domain, Land Use & Zoning, Landlord/Tenant, Mortgages & Foreclosures, Real Estate Law, Residential Real Estate, Title Insurance

Bar Admissions

• Texas

Education

• Southern Methodist University
• U of Texas - Dallas

Address

2727 North Harwood Street
Dallas, TX 75201-1515

Phones

1.214.969.2982 (Business Phone)

Faxes

1.214.969.5100 (Business Fax)

Emails

Contact Us (Business Email)

Websites

http://www.jonesday.com