Fred Altschuler's clients include institutional lenders, investment banks, real estate developers, public entities overseeing major metropolitan authorities, and corporations involved in real estate finance. Fred has been recognized as one of the country’s leading real estate lawyers by Chambers USA, Super Lawyers, Who’s Who Legal and The Best Lawyers in America, which named him a 2020 Lawyer of the Year.
Since 1973, Fred has represented numerous clients with respect to the acquisition, financing, mortgage securitization, disposition, and leasing of commercial real estate. He has represented institutional lenders and investment banks in connection with construction, interim and permanent financings of real estate (such as land assemblages, hotels, regional shopping centers, office buildings, industrial parks, mixed-use projects, and residential and commercial condominiums and cooperatives), workouts of nonperforming loans, foreclosures and acceptances of deeds in lieu of foreclosure, and dispositions of properties acquired in workouts and foreclosures.
Since joining Cadwalader in 1992, Fred has represented institutional lenders and investment banks in connection with the origination and securitization of commercial mortgage loans (both single-asset and pools), including the establishment of numerous commercial conduit programs. In addition, Fred has represented investors acquiring performing and nonperforming loans and properties, including the financing of such purchases, and restructuring and disposition of the purchased assets.
Fred is also active in the public sector, having represented Battery Park City Authority since 1981 with respect to the development of the area, including the World Financial Center, the Holocaust Museum, the first residential leasehold condominium project in New York State, and with the relocation of the New York Mercantile Exchange; the City of New York, including with respect to the Metrotech Project in downtown Brooklyn; and the State of New York and the Metropolitan Transportation Authority in connection with numerous mixed-use development projects.
Before joining the Firm, Fred was a partner at Breed, Abbott & Morgan.
A graduate of Syracuse University with a B.A., Fred earned his J.D. at St. John's University.