Sullivan
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Biography

Ashley represents clients in all aspects of real estate transactions, leasing and land use and development. She has experience on both the legal and business side of negotiating purchase and sale agreements, resolving complex title issues and guiding clients through the permitting process. She has also represented clients in front of zoning boards, planning boards, licensing boards, and city councils all throughout Eastern Massachusetts.

Prior to joining Sullivan, Ashley was a commercial real estate associate at a regional law firm in Boston and worked for a non-profit community development financial institution. She was also a Legal Fellow for the Honorable Robert B. Foster in the Massachusetts Land Court.

Ashley graduated magna cum laude from New York University with a degree in Urban Design and Architectural Studies, and received her law degree from Boston University School of Law.

Ashley is a member of the City of Cambridge Planning Board, and she is fluent in Mandarin Chinese.

Education
  • Boston University School of Law (J.D.)
  • New York University (B.A., magna cum laude)
Bar & Court Admissions
  • Massachusetts
Professional Qualifications
  • Real Estate Bar Association, Member
  • Boston Bar Association, Member
  • Asian American Lawyers Association of Massachusetts, Committee Member
Awards & Honors
  • Best Lawyers in America® Ones to Watch (2023-2026)
  • "Up & Coming Lawyer," Massachusetts Lawyers Weekly (2023)
  • "Rising Star," Massachusetts Super Lawyers (2024-2026)
  • Recommended by The Legal 500 U.S. (2025-2026)
Community Engagement
  • City of Cambridge Planning Board, Member
  • Taiwanese American Professionals - Boston Chapter, Former Board Member
  • Urban Land Institute, Member
Languages
  • Mandarin
Viewpoints
All Viewpoints
Governor Signs Economic Development and Clean Energy Bills: Key Insights
On November 20, 2024, Massachusetts Governor Maura Healey signed a $3.9 billon economic development bill, known as the Mass Leads Act (H 5100), and also signed the Climate and Clean Energy Siting Law (S 2967). These laws are aimed at stimulating economic growth, promoting real estate development, advancing clean energy infrastructure, and accelerating the permitting process for energy projects in Massachusetts. The Mass Leads Act includes several provisions designed to improve the permitting process such as the Permit Extension Act, the creation of a State Permitting Regulatory Office, and protections for municipal zoning permits. Alongside the Mass Leads Act, the Climate and Clean Energy Siting Law introduces comprehensive reform to fast-track Massachusetts’ transition to clean energy. A key component of the Climate and Clean Energy Siting Law is streamlining the permitting process by having the Energy Facilities Siting Board grant permits for large energy projects while municipalities grant permits for smaller ones. This law also includes initiatives to promote energy storage, renewable energy, and electric vehicle infrastructure. Key Provisions of The Mass Leads Act The Mass Leads Act has key provisions to advance economic growth, make the permitting process more efficient, and drive investment in essential industries such as data centers, life sciences, and clean energy.  Included in the Mass Leads Act is the Permit Extension Act, which extends any permit, certificate, order (however, excluding enforcement orders), and license, determination, variance, waiver, building permit, or other such approval granted by a municipal, regional, or state governmental entity, for the use or development of real property, as well as any environmental approval in effect or in existence between January 1, 2023, and January 1, 2025, for a two-year period after the lawful term of the approval. The extension, however, does not apply to permits issued by federal agencies or subject to federal law.  Nor does it apply to certain specified approvals by the Massachusetts Division of Fisheries and Wildlife, the Department of Energy Resources, the Department of Transportation or the MBTA. Additionally, the Mass Leads Act includes an Act to Safeguard Municipal Permitting, which protects an owner or developer from needing to comply with subsequent zoning changes if the use or construction commences under a special permit or site plan approval within three (3) years after issuance of the special permit or site plan approval. Under prior law, there was only a one (1) year protection from subsequent zoning changes for special permits, and no protection for site plan approvals. The Mass Leads Act also creates a State Permit Regulatory Office under the Executive Office of Economic Development. The director of the Permit Regulatory Office will, among other things, work with other state agencies to expedite the process of obtaining state licenses, permits, and other approvals, establish a State Permit Ombudsman to assist new and expanding businesses, and review or deny municipal priority development site proposals made pursuant to M.G.L. c. 43D. The Act also establishes a separate Regulatory Ombudsman within the Permit Regulatory Office who will help businesses navigate compliance with state regulations and train state agencies on how to identify and lessen the impacts of regulation on small businesses. Key Provisions of the Climate and Clean Energy Siting Law The Climate and Clean Energy Siting Law introduces significant updates designed to streamline permitting processes and establish new statewide policies for clean energy projects. This law focuses on streamlining the permitting review process for clean energy projects, including energy storage projects, by consolidating all state, local, and regional, permits into a single master permit. Under this new system, the State Energy Facilities Siting Board will review all large clean energy projects (more than 25 megawatts of power or 100 megawatts of storage) with a decision required within 15 months from submission of an application. Municipalities will continue to oversee smaller projects, with permits to be issued or rejected within 12 months. If these deadlines are not met the application will be automatically approved, but the legislature may reassess the process if too many applications receive automatic approval. Besides streamlining the process, the law creates a new division of Clean Energy Siting and Permitting within the Department of Energy Resources. The new division is tasked with developing requirements for siting and permitting of small energy projects by local governments. These requirements will standardize the review and approval processes used by municipalities across the Commonwealth. This law lays the groundwork for important statewide policies focused on clean energy procurement and renewable energy sources. It broadens the scope of “clean energy” technologies to include nuclear fission and carbon reducing technologies, while coordinating with neighboring New England states to secure long term contracts with nuclear plants. The new law mandates a significant increase of energy storage capacity targeting 5,000 megawatt hours by 2030 to support renewable energy sources such as wind and solar. The law also simplifies and removes a number of barriers to the installation of electric vehicle charging infrastructure, including providing for broader use of pole-mounted electric vehicle chargers, removal of barriers to use of EV charging infrastructure that may otherwise be imposed by historic district commissions or neighborhood or homeowner associations. The law also codifies a definition of “public service corporations” as it relates to zoning exemptions that may be granted by the Department of Public Utilities or the Energy Facilities Siting Board. Under the legislation, a “public service corporation” refers to any corporation or entity qualified to do business in the Commonwealth that owns, operates, or plans to operate assets or facilities providing essential services such as gas, telecommunication, cable, water, or other similar services to the public. Under prior law, “public service corporations” were not defined by statute, and an unnecessary amount of documentation and analysis needed to be provided in administrative proceedings to establish what, in most cases, was an obvious determination. Lastly, the new climate legislation temporarily expands the jurisdiction of the Land Court’s specialized permit session to include renewable energy and energy storage projects. Given the Court’s expertise with land use permitting, this change should expedite the permitting process and ensure more efficient resolution for these projects in advance of the broader changes to the permitting processes. The approval of the Mass Leads Act and the Climate and Clean Energy Siting Law represents a pivotal step in boosting the Massachusetts economy, supporting continued real estate development, and advancing its climate and clean energy goals. If you have any questions or would like to discuss this Client Alert, please contact Greg Sampson, or any member of Sullivan’s Permitting and Land Use team.
Zoning and Development Newsletter
Sullivan's Permitting & Land Use Practice Group and Litigation Department have released the next issue of their Zoning and Development Newsletter. The publication aims to provide our firm's clients and others interested in land use and permitting issues with an update on notable developments in the law that might be relevant to their projects. This edition summarizes the following: A Superior Court decision entering summary judgment in favor of our client and against plaintiffs’ challenge to the adoption of a PDA zoning amendment in Boston; Three Land Court decisions construing protections afforded by the Dover Amendment (namely, protections for solar energy, educational, and childcare facilities); An Appeals Court decision construing the Mechanic’s Lien Statute to prohibit courts from deducting costs attributable to the non-use of equipment from mechanic’s liens; An Appeals Court decision underscoring that courts may reach different findings from special permit granting authorities, even where the evidence presented in both proceedings is the same; A Land Court decision ruling that a special permit for a multi-family housing project required a supermajority (rather than bare majority) vote of the special permit granting authority because the project did not provide affordable housing on-site; An Appeals Court decision underscoring the bright line rule against overloading easements; and Two decisions construing and applying the Derelict Fee Statute.
Sullivan Represents Fattal Hotel Group in Acquisition of The Blakely Hotel in Midtown Manhattan
Sullivan & Worcester represented Fattal Hotel Group, owner and operator of 329 hotels across 22 countries and based in Tel Aviv, in its acquisition and financing of The Blakely Hotel in Midtown Manhattan. The acquisition marks the client's first hotel investment in the United States and is a milestone in its evolution from a leading European hospitality operator into a global hotel group. The acquisition was completed on July 7, 2026. The Sullivan team included Ashley Brooks, Tamir Chagal, Oded Har-Even, Gerry Silver, John Steiner, Nancy Gillman and Ashley Tan. Read more about the transaction here.  
Top Tier Firm, Legal 500 United States 2026
Sullivan & Worcester Ranked in the Legal 500 United States 2026 Edition
Boston, MA – Sullivan & Worcester announced that its practice groups and attorneys have been ranked and recommended in the Legal 500 United States 2026. The firm’s Real Estate practice was newly ranked Tier 1 in the “Real estate – mid-market ($0-500m)” category and the firm maintained rankings across a variety of practice areas. Partners Nicole Crum and John Steiner were newly ranked as Leading Partners and Ryan Rosenblatt as a Next Generation Partner. Peers and more than 300,000 corporate counsel were surveyed and interviewed globally in the past 12 months to assess law firms’ overall visibility and reputation, culminating in detailed rankings and editorial. The Legal 500 is an independent guide, and firms and individuals are recommended purely on merit. Sullivan's lawyers received the following rankings: Leading Partners: The Legal 500’s Guide to Outstanding Lawyers Nationwide Benjamin Armour - M&A: Middle-Market (Sub-$500m); M&A: middle-market ($0-250m) Ameek Ashok Ponda - Real Estate Investment Trusts (REITs)  Nicole Crum - Mutual/registered/exchange-traded funds Lewis Segall - M&A: Middle-Market (Sub-$500m); M&A: middle-market ($0-250m) John Steiner - Real estate – mid-market ($0-500m) Douglas Stransky - International Tax Joel Telpner - Fintech Next Generation Partners: The Legal 500’s Guide to Up-and-Coming Lawyers Nationwide Ryan Rosenblatt - General commercial disputes – mid-market ($250-500m) Sarah Wellings - Real Estate Investment Trusts (REITs) Practice Areas Ranked and Attorneys Recognized Corporate Governance “Our lead partner, Nicole Crum, who leads the investment industry practice, is exceptional. She demonstrates strong industry knowledge yet is very personable and anticipates what we need to know or what we should consider doing to handle any matter. The team roll up their sleeves and provide recommendations as to how we as a board should handle any matter. Strong service commitment and work ethic!” “The team we have at Sullivan & Worcester has served our company for years and knows the management team, staff as well as our board members. They are extremely responsive and proactive and anticipate what we should be aware of, concerned about, excited about, and how to handle oversight, processes and protocols to ensure we are carrying out our fiduciary duties. The partners are experts in this industry.” Leading Partner: Nicole Crum Recommended Lawyers: Howard Berkenblit, David Leahy Dispute Resolution/General Commercial Disputes “Diverse skillset. Client centric. Transparency. Urgency provided on all matters.” “I have worked with Gerry Silver for over 15 years and have found his pragmatic approach to complex matters refreshing. He understands our business, culture and market, and will give me his opinion in a digestible manner.” Next Generation Partner: Ryan Rosenblatt Recommended Lawyers: Gerry Silver, Patrick Dinardo, Laura Steinberg, Michael Sullivan, Amy Zuccarello, Erika Todd, Christopher Shields, Anna Lea McNerney Employee Benefits, Executive Compensation and Retirement Plans: Design “The level of expertise is top shelf. David Guadagnoli seems to know all of ERISA and IRS rulings.” “David Guadagnoli and Amy Sheridan both have superior knowledge in their respective areas. I value the ability to raise issues whether simple or complex. The firm takes the same diligent approach across all spectrums of complexity.” Recommended Lawyers: David Guadagnoli, Amy Sheridan Environment: Transactional Fintech “Sullivan & Worcester is one of the finest firms with which I have worked.” “The lawyers are excellent, and the firm consistently provides the highest quality of customer service.” Leading Partner: Joel Telpner Recommended Lawyers: Natalie Lederman, Benjamin Armour, Scott Kaufman, Harvey Bines, Christopher Curtis Land Use/Zoning Recommended Lawyers: Gregory Sampson, Ashley Brooks, Victor Baltera, Karen Kepler, Ashley Tan M&A: Corporate and Commercial: Venture Capital and Emerging Companies Recommended Lawyers: Scott Kaufman, Lewis Segall, Benjamin Armour, Michael Student M&A: Middle-Market ($0-250m) “The partner Lewis Segall has been working with our company for 15 years and we have a good working relationship with him. He knows our history and very attentive to our needs.” “Lewis Segall is very attentive to our needs. We very much value him.” Leading Partners: Benjamin Armour, Lewis Segall Recommended Lawyers: Natalie Lederman Mutual/Registered/Exchange-Traded Funds “Sullivan & Worcester's practice is defined by its deep expertise in investment funds and its ability to deliver clear, commercially grounded advice across the full fund lifecycle—from formation and structuring to regulatory compliance and complex transactions.” “The team is highly experienced, collaborative, and excel in efficient execution and clear communication.” Leading Partner: Nicole Crum Recommended Lawyers: David Leahy, David Mahaffey, Rachael Schwartz Real Estate Leading Partner: John Steiner Recommended Lawyers: Ashley Brooks, Karen Kepler, Gregory Sampson, Sharon Leifer, Louis Monti, Spencer Stone, Ashley Tan Real Estate Investment Trusts (REITs) “We have built multiple complex and sophisticated REIT platforms over the years and worked with many top-tier REIT specialists, but Sullivan’s REIT practice is by far the best, with Sarah Wellings.” Leading Partner: Ameek Ashok Ponda Next Generation Partner: Sarah Wellings Recommended Lawyers: Angela Gomes, Louis Monti, Shu Wei, Cameron Cosby International Tax “The international collaboration with S&W is exceptional.” “What really stands out is their willingness to engage, openness to different ideas and opinions, clearly expressed expectations, and clients' objectives.” Leading Partner: Douglas Stransky Recommended Lawyers: Lewis Greenwald, Eric Rietveld Tax > US Taxes: Contentious Recommended Lawyers: Richard Jones, David Nagle, Daniel Ryan, Caroline Kupiec Tax > US Taxes: Non-Contentious “Sarah Wellings is, quite simply, the best lawyer we have ever worked with. Her expertise extends far beyond tax and REIT matters, encompassing governance, financing, and complex commercial issues. Decades of experience and technical mastery make her an indispensable partner. Sarah is our central point of contact who makes everything seamless. Her in-house counsel background gives her a unique client perspective: she anticipates needs, solves problems before they arise, and delivers concise, well-structured updates that simplify even the most intricate issues. She coordinates effortlessly with all parties involved. Her judgment is exceptional. Sarah strikes the perfect balance between comprehensive academic rigor and practical, business-oriented advice. She combines technical REIT/tax excellence with commercial instincts, ensuring every recommendation is both legally sound and strategically smart. Her ability to translate complex law into clear, actionable guidance is unmatched. Sarah is incredibly responsive without ever sacrificing quality. She treats our matters as her own, demonstrating a rare ownership mindset and collaborative spirit. Her integrity is uncompromising, giving us absolute confidence in her counsel. In short, Sarah Wellings defines legal excellence: reliable, commercially minded, and client-focused. Working with her feels like being in the safest possible hands; she consistently exceeds expectations and orchestrates complex transactions with clarity and precision.” Recommended Lawyers: Ameek Ashok Ponda, Richard Jones, Douglas Stransky, Sarah Wellings About Sullivan Sullivan & Worcester (Sullivan) is a premier international law firm with lawyers in Boston, London, New York, Tel Aviv and Washington, D.C. Sullivan’s clients, including Fortune 500 companies, leading financial services firms and asset managers, boards of directors, real estate companies, and emerging businesses, rely on Sullivan’s ability to navigate complex legal and operational landscapes, the impeccable judgment of its lawyers, and its commitment to best-in-class client service.

Ashley Tan

Ashley represents clients in all aspects of real estate transactions, leasing and land use and development. She has experience on both the legal and business side of negotiating purchase and sale agreements, resolving complex title issues and guiding clients through the permitting process. She has also represented clients in front of zoning boards, planning boards, licensing boards, and city councils all throughout Eastern Massachusetts.

Prior to joining Sullivan, Ashley was a commercial real estate associate at a regional law firm in Boston and worked for a non-profit community development financial institution. She was also a Legal Fellow for the Honorable Robert B. Foster in the Massachusetts Land Court.

Ashley graduated magna cum laude from New York University with a degree in Urban Design and Architectural Studies, and received her law degree from Boston University School of Law.

Ashley is a member of the City of Cambridge Planning Board, and she is fluent in Mandarin Chinese.

Viewpoints
All Viewpoints
Governor Signs Economic Development and Clean Energy Bills: Key Insights
On November 20, 2024, Massachusetts Governor Maura Healey signed a $3.9 billon economic development bill, known as the Mass Leads Act (H 5100), and also signed the Climate and Clean Energy Siting Law (S 2967). These laws are aimed at stimulating economic growth, promoting real estate development, advancing clean energy infrastructure, and accelerating the permitting process for energy projects in Massachusetts. The Mass Leads Act includes several provisions designed to improve the permitting process such as the Permit Extension Act, the creation of a State Permitting Regulatory Office, and protections for municipal zoning permits. Alongside the Mass Leads Act, the Climate and Clean Energy Siting Law introduces comprehensive reform to fast-track Massachusetts’ transition to clean energy. A key component of the Climate and Clean Energy Siting Law is streamlining the permitting process by having the Energy Facilities Siting Board grant permits for large energy projects while municipalities grant permits for smaller ones. This law also includes initiatives to promote energy storage, renewable energy, and electric vehicle infrastructure. Key Provisions of The Mass Leads Act The Mass Leads Act has key provisions to advance economic growth, make the permitting process more efficient, and drive investment in essential industries such as data centers, life sciences, and clean energy.  Included in the Mass Leads Act is the Permit Extension Act, which extends any permit, certificate, order (however, excluding enforcement orders), and license, determination, variance, waiver, building permit, or other such approval granted by a municipal, regional, or state governmental entity, for the use or development of real property, as well as any environmental approval in effect or in existence between January 1, 2023, and January 1, 2025, for a two-year period after the lawful term of the approval. The extension, however, does not apply to permits issued by federal agencies or subject to federal law.  Nor does it apply to certain specified approvals by the Massachusetts Division of Fisheries and Wildlife, the Department of Energy Resources, the Department of Transportation or the MBTA. Additionally, the Mass Leads Act includes an Act to Safeguard Municipal Permitting, which protects an owner or developer from needing to comply with subsequent zoning changes if the use or construction commences under a special permit or site plan approval within three (3) years after issuance of the special permit or site plan approval. Under prior law, there was only a one (1) year protection from subsequent zoning changes for special permits, and no protection for site plan approvals. The Mass Leads Act also creates a State Permit Regulatory Office under the Executive Office of Economic Development. The director of the Permit Regulatory Office will, among other things, work with other state agencies to expedite the process of obtaining state licenses, permits, and other approvals, establish a State Permit Ombudsman to assist new and expanding businesses, and review or deny municipal priority development site proposals made pursuant to M.G.L. c. 43D. The Act also establishes a separate Regulatory Ombudsman within the Permit Regulatory Office who will help businesses navigate compliance with state regulations and train state agencies on how to identify and lessen the impacts of regulation on small businesses. Key Provisions of the Climate and Clean Energy Siting Law The Climate and Clean Energy Siting Law introduces significant updates designed to streamline permitting processes and establish new statewide policies for clean energy projects. This law focuses on streamlining the permitting review process for clean energy projects, including energy storage projects, by consolidating all state, local, and regional, permits into a single master permit. Under this new system, the State Energy Facilities Siting Board will review all large clean energy projects (more than 25 megawatts of power or 100 megawatts of storage) with a decision required within 15 months from submission of an application. Municipalities will continue to oversee smaller projects, with permits to be issued or rejected within 12 months. If these deadlines are not met the application will be automatically approved, but the legislature may reassess the process if too many applications receive automatic approval. Besides streamlining the process, the law creates a new division of Clean Energy Siting and Permitting within the Department of Energy Resources. The new division is tasked with developing requirements for siting and permitting of small energy projects by local governments. These requirements will standardize the review and approval processes used by municipalities across the Commonwealth. This law lays the groundwork for important statewide policies focused on clean energy procurement and renewable energy sources. It broadens the scope of “clean energy” technologies to include nuclear fission and carbon reducing technologies, while coordinating with neighboring New England states to secure long term contracts with nuclear plants. The new law mandates a significant increase of energy storage capacity targeting 5,000 megawatt hours by 2030 to support renewable energy sources such as wind and solar. The law also simplifies and removes a number of barriers to the installation of electric vehicle charging infrastructure, including providing for broader use of pole-mounted electric vehicle chargers, removal of barriers to use of EV charging infrastructure that may otherwise be imposed by historic district commissions or neighborhood or homeowner associations. The law also codifies a definition of “public service corporations” as it relates to zoning exemptions that may be granted by the Department of Public Utilities or the Energy Facilities Siting Board. Under the legislation, a “public service corporation” refers to any corporation or entity qualified to do business in the Commonwealth that owns, operates, or plans to operate assets or facilities providing essential services such as gas, telecommunication, cable, water, or other similar services to the public. Under prior law, “public service corporations” were not defined by statute, and an unnecessary amount of documentation and analysis needed to be provided in administrative proceedings to establish what, in most cases, was an obvious determination. Lastly, the new climate legislation temporarily expands the jurisdiction of the Land Court’s specialized permit session to include renewable energy and energy storage projects. Given the Court’s expertise with land use permitting, this change should expedite the permitting process and ensure more efficient resolution for these projects in advance of the broader changes to the permitting processes. The approval of the Mass Leads Act and the Climate and Clean Energy Siting Law represents a pivotal step in boosting the Massachusetts economy, supporting continued real estate development, and advancing its climate and clean energy goals. If you have any questions or would like to discuss this Client Alert, please contact Greg Sampson, or any member of Sullivan’s Permitting and Land Use team.
Zoning and Development Newsletter
Sullivan's Permitting & Land Use Practice Group and Litigation Department have released the next issue of their Zoning and Development Newsletter. The publication aims to provide our firm's clients and others interested in land use and permitting issues with an update on notable developments in the law that might be relevant to their projects. This edition summarizes the following: A Superior Court decision entering summary judgment in favor of our client and against plaintiffs’ challenge to the adoption of a PDA zoning amendment in Boston; Three Land Court decisions construing protections afforded by the Dover Amendment (namely, protections for solar energy, educational, and childcare facilities); An Appeals Court decision construing the Mechanic’s Lien Statute to prohibit courts from deducting costs attributable to the non-use of equipment from mechanic’s liens; An Appeals Court decision underscoring that courts may reach different findings from special permit granting authorities, even where the evidence presented in both proceedings is the same; A Land Court decision ruling that a special permit for a multi-family housing project required a supermajority (rather than bare majority) vote of the special permit granting authority because the project did not provide affordable housing on-site; An Appeals Court decision underscoring the bright line rule against overloading easements; and Two decisions construing and applying the Derelict Fee Statute.
Sullivan Represents Fattal Hotel Group in Acquisition of The Blakely Hotel in Midtown Manhattan
Sullivan & Worcester represented Fattal Hotel Group, owner and operator of 329 hotels across 22 countries and based in Tel Aviv, in its acquisition and financing of The Blakely Hotel in Midtown Manhattan. The acquisition marks the client's first hotel investment in the United States and is a milestone in its evolution from a leading European hospitality operator into a global hotel group. The acquisition was completed on July 7, 2026. The Sullivan team included Ashley Brooks, Tamir Chagal, Oded Har-Even, Gerry Silver, John Steiner, Nancy Gillman and Ashley Tan. Read more about the transaction here.  
Top Tier Firm, Legal 500 United States 2026
Sullivan & Worcester Ranked in the Legal 500 United States 2026 Edition
Boston, MA – Sullivan & Worcester announced that its practice groups and attorneys have been ranked and recommended in the Legal 500 United States 2026. The firm’s Real Estate practice was newly ranked Tier 1 in the “Real estate – mid-market ($0-500m)” category and the firm maintained rankings across a variety of practice areas. Partners Nicole Crum and John Steiner were newly ranked as Leading Partners and Ryan Rosenblatt as a Next Generation Partner. Peers and more than 300,000 corporate counsel were surveyed and interviewed globally in the past 12 months to assess law firms’ overall visibility and reputation, culminating in detailed rankings and editorial. The Legal 500 is an independent guide, and firms and individuals are recommended purely on merit. Sullivan's lawyers received the following rankings: Leading Partners: The Legal 500’s Guide to Outstanding Lawyers Nationwide Benjamin Armour - M&A: Middle-Market (Sub-$500m); M&A: middle-market ($0-250m) Ameek Ashok Ponda - Real Estate Investment Trusts (REITs)  Nicole Crum - Mutual/registered/exchange-traded funds Lewis Segall - M&A: Middle-Market (Sub-$500m); M&A: middle-market ($0-250m) John Steiner - Real estate – mid-market ($0-500m) Douglas Stransky - International Tax Joel Telpner - Fintech Next Generation Partners: The Legal 500’s Guide to Up-and-Coming Lawyers Nationwide Ryan Rosenblatt - General commercial disputes – mid-market ($250-500m) Sarah Wellings - Real Estate Investment Trusts (REITs) Practice Areas Ranked and Attorneys Recognized Corporate Governance “Our lead partner, Nicole Crum, who leads the investment industry practice, is exceptional. She demonstrates strong industry knowledge yet is very personable and anticipates what we need to know or what we should consider doing to handle any matter. The team roll up their sleeves and provide recommendations as to how we as a board should handle any matter. Strong service commitment and work ethic!” “The team we have at Sullivan & Worcester has served our company for years and knows the management team, staff as well as our board members. They are extremely responsive and proactive and anticipate what we should be aware of, concerned about, excited about, and how to handle oversight, processes and protocols to ensure we are carrying out our fiduciary duties. The partners are experts in this industry.” Leading Partner: Nicole Crum Recommended Lawyers: Howard Berkenblit, David Leahy Dispute Resolution/General Commercial Disputes “Diverse skillset. Client centric. Transparency. Urgency provided on all matters.” “I have worked with Gerry Silver for over 15 years and have found his pragmatic approach to complex matters refreshing. He understands our business, culture and market, and will give me his opinion in a digestible manner.” Next Generation Partner: Ryan Rosenblatt Recommended Lawyers: Gerry Silver, Patrick Dinardo, Laura Steinberg, Michael Sullivan, Amy Zuccarello, Erika Todd, Christopher Shields, Anna Lea McNerney Employee Benefits, Executive Compensation and Retirement Plans: Design “The level of expertise is top shelf. David Guadagnoli seems to know all of ERISA and IRS rulings.” “David Guadagnoli and Amy Sheridan both have superior knowledge in their respective areas. I value the ability to raise issues whether simple or complex. The firm takes the same diligent approach across all spectrums of complexity.” Recommended Lawyers: David Guadagnoli, Amy Sheridan Environment: Transactional Fintech “Sullivan & Worcester is one of the finest firms with which I have worked.” “The lawyers are excellent, and the firm consistently provides the highest quality of customer service.” Leading Partner: Joel Telpner Recommended Lawyers: Natalie Lederman, Benjamin Armour, Scott Kaufman, Harvey Bines, Christopher Curtis Land Use/Zoning Recommended Lawyers: Gregory Sampson, Ashley Brooks, Victor Baltera, Karen Kepler, Ashley Tan M&A: Corporate and Commercial: Venture Capital and Emerging Companies Recommended Lawyers: Scott Kaufman, Lewis Segall, Benjamin Armour, Michael Student M&A: Middle-Market ($0-250m) “The partner Lewis Segall has been working with our company for 15 years and we have a good working relationship with him. He knows our history and very attentive to our needs.” “Lewis Segall is very attentive to our needs. We very much value him.” Leading Partners: Benjamin Armour, Lewis Segall Recommended Lawyers: Natalie Lederman Mutual/Registered/Exchange-Traded Funds “Sullivan & Worcester's practice is defined by its deep expertise in investment funds and its ability to deliver clear, commercially grounded advice across the full fund lifecycle—from formation and structuring to regulatory compliance and complex transactions.” “The team is highly experienced, collaborative, and excel in efficient execution and clear communication.” Leading Partner: Nicole Crum Recommended Lawyers: David Leahy, David Mahaffey, Rachael Schwartz Real Estate Leading Partner: John Steiner Recommended Lawyers: Ashley Brooks, Karen Kepler, Gregory Sampson, Sharon Leifer, Louis Monti, Spencer Stone, Ashley Tan Real Estate Investment Trusts (REITs) “We have built multiple complex and sophisticated REIT platforms over the years and worked with many top-tier REIT specialists, but Sullivan’s REIT practice is by far the best, with Sarah Wellings.” Leading Partner: Ameek Ashok Ponda Next Generation Partner: Sarah Wellings Recommended Lawyers: Angela Gomes, Louis Monti, Shu Wei, Cameron Cosby International Tax “The international collaboration with S&W is exceptional.” “What really stands out is their willingness to engage, openness to different ideas and opinions, clearly expressed expectations, and clients' objectives.” Leading Partner: Douglas Stransky Recommended Lawyers: Lewis Greenwald, Eric Rietveld Tax > US Taxes: Contentious Recommended Lawyers: Richard Jones, David Nagle, Daniel Ryan, Caroline Kupiec Tax > US Taxes: Non-Contentious “Sarah Wellings is, quite simply, the best lawyer we have ever worked with. Her expertise extends far beyond tax and REIT matters, encompassing governance, financing, and complex commercial issues. Decades of experience and technical mastery make her an indispensable partner. Sarah is our central point of contact who makes everything seamless. Her in-house counsel background gives her a unique client perspective: she anticipates needs, solves problems before they arise, and delivers concise, well-structured updates that simplify even the most intricate issues. She coordinates effortlessly with all parties involved. Her judgment is exceptional. Sarah strikes the perfect balance between comprehensive academic rigor and practical, business-oriented advice. She combines technical REIT/tax excellence with commercial instincts, ensuring every recommendation is both legally sound and strategically smart. Her ability to translate complex law into clear, actionable guidance is unmatched. Sarah is incredibly responsive without ever sacrificing quality. She treats our matters as her own, demonstrating a rare ownership mindset and collaborative spirit. Her integrity is uncompromising, giving us absolute confidence in her counsel. In short, Sarah Wellings defines legal excellence: reliable, commercially minded, and client-focused. Working with her feels like being in the safest possible hands; she consistently exceeds expectations and orchestrates complex transactions with clarity and precision.” Recommended Lawyers: Ameek Ashok Ponda, Richard Jones, Douglas Stransky, Sarah Wellings About Sullivan Sullivan & Worcester (Sullivan) is a premier international law firm with lawyers in Boston, London, New York, Tel Aviv and Washington, D.C. Sullivan’s clients, including Fortune 500 companies, leading financial services firms and asset managers, boards of directors, real estate companies, and emerging businesses, rely on Sullivan’s ability to navigate complex legal and operational landscapes, the impeccable judgment of its lawyers, and its commitment to best-in-class client service.

Ashley Tan