Neil L. Rock

Neil L. Rock

Partner, Real Estate
Neil L. Rock is the head of Skadden’s Real Estate Group. He is experienced in acquisitions, developments, financings, restructurings, sale/leasebacks, leasing, partnerships and joint ventures, fund formations, and corporate retention transactions.

Bio

Mr. Rock advised Formation Capital, LLC as sponsor in the $763 million acquisition of NHP Group, an owner of health care facilities in the United Kingdom, its $870 million acquisition of substantially all of the U.S. business of Extendicare Inc. (Canada), a provider of senior care services, and its $1 billion rollup transaction with NorthStar Realty Finance Corp., simultaneously restructuring the ownership of six real estate portfolios. He also advised Genesis HealthCare Corporation in connection with its combination with Skilled Healthcare, its acquisition of Sun Healthcare and the $2.4 billion sale/leaseback of its skilled nursing and assisted living facilities. Mr. Rock represented Lavie Care Center in its acqui­sitions of Genoa Healthcare, Centennial and Consulate, each an operator of skilled nursing and assisted living facilities.

Mr. Rock represented InvenTrust Properties Corp. in the $1.4 billion sale of its student housing platform to UHC Acquisition Sub LLC. He advised Holiday Acquisition Holdings in its $1 billion sale/leaseback of 52 independent living communities with Newcastle Investment Corp.; its $790 million sale/leaseback of 26 independent living communities with Ventas Inc.; and its $491 million sale/leaseback of 25 independent living communities with National Health Investors Inc. Mr. Rock represented IASIS Healthcare LLC in connection with its $283 million sale/leaseback transaction with Medical Properties Trust, Inc. involving three hospital complexes.

Mr. Rock is representing the Port Authority of New York and New Jersey in its $13 billion plan to redesign John F. Kennedy International Airport; the Moynihan Station Development Corporation and Empire State Development (ESD) in connection with their redevelopment of the Farley Post Office and Moynihan Station; the Metropolitan Transportation Authority in connection with renovations to Pennsylvania Station; and ESD in connection with its Atlantic Yards Land Use Improvement and Civic Project, a mixed-use development that included the construction of Barclays Center, a rail yard platform, 15 residential and office buildings, civic facilities and eight acres of open space. Mr. Rock also represented the New York Convention Center Development Corporation in connection with the expansion of the Jacob Javits Center and Queens West Development Corporation in connection with the development of Queens West, a neighborhood constructed to include streets, parks, a waterfront esplanade and seven apartment buildings.

Mr. Rock also has advised numerous funds in connection with their formation, capital raising, subscription financing and restructurings, including Apollo Real Estate Finance Corporation; AREFIN Coinvest Corporation; Centro NP Residual; RREEF America REIT II, Inc.; RREEF America REIT III, Inc.; and RREEF Global Opportunities Fund II, LLC. In addition, Mr. Rock represented Marathon Asset Management, Och-Ziff Capital Management, Third Avenue Management, Anchorage Advisers and TPG Credit Management as special equity counsel to the first-lien lenders steering committee in the LandSource bankruptcy.

Mr. Rock also has advised many clients in connection with the acquisition, financing, development and disposition of office buildings, data centers, hotels and residential developments, including Credit Suisse; Ian Schrager; Kumkang Housing; SL Green Realty Corp.; The McGraw-Hill Companies, Inc.; RREEF; the Trump Group; and Westbrook Partners.

In corporate retention projects (including tax-incentive packages) involving the New York City Industrial Development Agency, Mr. Rock has represented Bank of America Corp.; Citigroup Inc.; Credit Suisse; Ernst & Young LLP; Prudential Securities Incorporated; Reuters America, Inc.; The McGraw-Hill Companies, Inc.; and Viacom Inc.

Mr. Rock also has an active leasing practice. He has advised landlords and tenants in connection with New York City headquarter leases, including Bank of America Corp.; Brookfield Property Partners; Credit Suisse; Duff & Phelps; International Business Machines Corporation; National Association of Securities Dealers, Inc.; Prudential Securities; Reuters America Corporation; and the National Hockey League.

Mr. Rock was named to City & State New York’s 2023 Law Power 100 list, which recognized “the most influential legal professionals in the world of New York politics and government.” He has been repeatedly selected for inclusion in Chambers Global: The World’s Leading Lawyers for Business and Chambers USA: America’s Leading Lawyers for Business. He also has been named a Real Estate MVP by Law360 and has been recognized by The Best Lawyers in America.

Credentials

Education

  • J.D., Fordham University School of Law, 1988 (cum laude; Member, Fordham Law Review)
  • B.A., Brandeis University, 1985 (cum laude)

Admissions

  • New York

Neil L. Rock