Jones Day announced that Conrad Steele has joined the Firm as a Partner in its Real Estate Practice. Mr. Steele, who previously worked as an associate at Jones Day from 2015-2019, is based in Jones Day’s Dallas Office.
Mr. Steele is experienced in negotiating a wide array of commercial real estate transactions, including joint ventures, construction and stabilized asset financings, and the acquisition and disposition of real estate assets. He serves as the lead negotiator and drafter of all aspects of complex real estate transactions, and has worked on large acquisitions of distressed hospitality loan portfolios, single-family housing portfolios, self-storage portfolios and life sciences properties. Mr. Steele has represented clients in real estate financings in excess of $2 billion in the office, multi-family, industrial and self-storage sectors.
“Conrad has broad experience representing purchasers and sellers in portfolio and single-asset acquisitions and dispositions across various sectors throughout the U.S., including the negotiation of complex joint ventures and novel financing arrangements,” said Brian Sedlak, Co-Leader of Jones Day’s Real Estate Practice. “This proven track record across the spectrum of commercial real estate is a tremendous addition to our practice and we are pleased to welcome him back to Jones Day.”
At Jones Day, Mr. Steele joins a global team of 120 lawyers in Jones Day’s Real Estate Practice, who provide clients with comprehensive legal solutions to business opportunities by drawing on their experience in the real estate industry worldwide and collaborating with their Jones Day colleagues in environmental law, tax law, financial services, corporate law and dispute resolution. Jones Day’s Real Estate clients include investment banks, real estate funds, institutional investors, lenders, major corporations, real estate developers, property management companies, retailers, and hospitality companies. Jones Day has achieved a top ranking among global law firms in Bloomberg’s real estate M&A league tables, ranked by number of completed deals, every year since 2003.
“Conrad has deep roots here in the Texas legal community and is a highly accomplished lawyer who has worked on high-stakes transactions for some of the largest and most well-known commercial real estate investors in the world,” said Matthew Kairis, Partner-in-Charge of Jones Day’s Dallas Office and Texas Region. “His industry experience and regional knowledge will be a great asset to our clients. I am delighted that he has returned to our office at Jones Day.”
Mr. Steele earned his law degree from the SMU Dedman School of Law in Dallas and his undergraduate degree from Baylor University in Waco, Texas. He began his legal career as a Law Clerk to the Hon. Harlin D. Hale, U.S. Bankruptcy Court Judge for the Northern District of Texas, and as Law Clerk to the Hon. Carl E. Stewart, Chief Judge on the U.S. Court of Appeals for the Fifth Circuit.
“I am excited and grateful for the opportunity to return to Jones Day, the firm where my career in private practice began a decade ago,” said Mr. Steele. “Jones Day’s global real estate practice group includes some of the most highly respected commercial real estate lawyers in the world and I look forward to rejoining this team here in Dallas,” said Mr. Steele.