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Sullivan represented a joint venture managed by The RMR Group in a $272.1 million interest-only mortgage financing secured by two 11-story medical office buildings totaling approximately 330,000 square feet and two parking garages on the Cedars-Sinai Medical Center campus in Los Angeles. Cedars-Sinai and its affiliates occupy approximately 60% of the portfolio’s rentable space. RMR client Diversified Healthcare Trust (Nasdaq: DHC) holds a 20% equity interest in the joint venture, which
On October 14, 2026, the U.S. Department of Housing and Urban Development (HUD) announced that qualifying build-to-rent communities may now access FHA-insured multifamily financing.[1] Build-to-rent single-family communities have become a significant and increasingly popular housing product throughout many regions of the United States, including the Sun Belt and high-growth markets in the West. However, the product type has not yet gained comparable traction in Massachusetts and other areas in New
Partner Mark Norris will participate in GTR Africa 2026 London, hosted by Global Trade Review (GTR) on November 12, the theme for which is “Charting Africa’s trade and export trajectory.” Mark will join the panel discussing “Looking ahead or back to basics? ECA reform priorities to remain competitive”, which will be moderated by Chris Mitman at Acre Impact Capital and include Ram Shalita at Bluebird Finance & Projects and Anders Vium
Sullivan & Worcester will host two events in London and Edinburgh on 11 and 12 November, 2026, as part of International Trade Week 2026, exploring how export credit agency (ECA) financing can help venture-backed technology companies fund international growth without diluting equity. Partners James Shaw, Ben Williams, Daniela Barrdear and Mark Norris, from the firm's Emerging Companies & Venture Capital and Trade & Export Finance practices, will discuss how UK Export
Sullivan has welcomed its 2026 First-Year Associates to the firm. The four associates join Sullivan after having completed the firm’s summer associate program, in addition to various clerkships and internships. Owen Feig, Shaina Sikka and Runlin Yao will be based in Sullivan’s Boston office, while Jamie Stevens will be based in the firm’s New York office. Owen Feig Owen earned his J.D., cum laude, from Boston University School of Law, where he was a
Rachael Schwartz, a partner in Sullivan's Investment Management practice, contributed to a new paper published by the Independent Directors Council (IDC), Multiple Series Trusts: An Overview for Fund Trustees. The paper examines the structure and benefits of multiple series trusts (MSTs), which allow unaffiliated investment advisers to offer registered funds under a common trust with shared governance and service providers. It explores the unique oversight responsibilities of independent fund trustees, including
On October 13, 2026, the Commodity Futures Trading Commission (the “CFTC”) issued an advance notice of contemplated rulemaking outlining two related initiatives concerning retail crypto asset transactions under Section 2(c)(2)(D) of the Commodity Exchange Act (the “CEA”). The first, referred to as Regulation CTX, sets out the CFTC’s preliminary interpretations of when crypto asset transactions are offered on a leveraged, margined or financed basis and when those transactions result in
When an employment relationship sours, the company’s performance management process can be a dangerous smoking gun—or its best defense. The thin line between unfairness and discrimination Employees do not have a statutory right to “fairness” in their performance reviews, workplace expectations, or discipline. If two employees violate the same policy, it is not automatically illegal to fire one and give the other a second chance. Yet unfairness is risky. Even when a company
Sullivan represented a joint venture managed by The RMR Group in a $272.1 million interest-only mortgage financing secured by two 11-story medical office buildings totaling approximately 330,000 square feet and two parking garages on the Cedars-Sinai Medical Center campus in Los Angeles. Cedars-Sinai and its affiliates occupy approximately 60% of the portfolio’s rentable space. RMR client Diversified Healthcare Trust (Nasdaq: DHC) holds a 20% equity interest in the joint venture, which
On October 14, 2026, the U.S. Department of Housing and Urban Development (HUD) announced that qualifying build-to-rent communities may now access FHA-insured multifamily financing.[1] Build-to-rent single-family communities have become a significant and increasingly popular housing product throughout many regions of the United States, including the Sun Belt and high-growth markets in the West. However, the product type has not yet gained comparable traction in Massachusetts and other areas in New
Partner Mark Norris will participate in GTR Africa 2026 London, hosted by Global Trade Review (GTR) on November 12, the theme for which is “Charting Africa’s trade and export trajectory.” Mark will join the panel discussing “Looking ahead or back to basics? ECA reform priorities to remain competitive”, which will be moderated by Chris Mitman at Acre Impact Capital and include Ram Shalita at Bluebird Finance & Projects and Anders Vium
Sullivan & Worcester will host two events in London and Edinburgh on 11 and 12 November, 2026, as part of International Trade Week 2026, exploring how export credit agency (ECA) financing can help venture-backed technology companies fund international growth without diluting equity. Partners James Shaw, Ben Williams, Daniela Barrdear and Mark Norris, from the firm's Emerging Companies & Venture Capital and Trade & Export Finance practices, will discuss how UK Export
Sullivan has welcomed its 2026 First-Year Associates to the firm. The four associates join Sullivan after having completed the firm’s summer associate program, in addition to various clerkships and internships. Owen Feig, Shaina Sikka and Runlin Yao will be based in Sullivan’s Boston office, while Jamie Stevens will be based in the firm’s New York office. Owen Feig Owen earned his J.D., cum laude, from Boston University School of Law, where he was a
Rachael Schwartz, a partner in Sullivan's Investment Management practice, contributed to a new paper published by the Independent Directors Council (IDC), Multiple Series Trusts: An Overview for Fund Trustees. The paper examines the structure and benefits of multiple series trusts (MSTs), which allow unaffiliated investment advisers to offer registered funds under a common trust with shared governance and service providers. It explores the unique oversight responsibilities of independent fund trustees, including
