Steven A. Shoumer

Steven A. Shoumer
Partner
Real Estate

Biography

CO-CHAIR, REAL ESTATE PRACTICE GROUP

Steven Shoumer counsels property owners, financial institutions, private equity funds, real estate developers, institutional landlords, commercial tenants, and public companies. Steven concentrates his national practice in all aspects of real estate development, including advice relating to:

  • Term, construction, and mezzanine financing
  • Sales, acquisitions, and development
  • Commercial and retail leasing
  • Equity investments and joint ventures

Steven serves on the firm’s Finance Committee and Strategic Planning Committee. He is also an active member of the firm's Recruiting and Retention and Technology Committees. He previously served as co-chair of the firm’s Summer Associate Program in 2007, 2008, 2009, and 2012.

Experience

  • National banking associations in connection with numerous construction and term loans.
  • Real estate investment fund in the financing and acquisition of a 338-unit residential apartment complex and recreational center.
  • Private equity fund in the financing of well-known gaming facility as well as  other financing and real estate transactions.
  • Real estate developer in connection with the acquisition and financing of large Class A office tower in New York City.
  • Owner of iconic “Lipstick Building” in New York City in the restructure of existing indebtedness.
  • Affordable housing developer in the rehabilitation and improvement of a senior affordable housing development in Philadelphia.
  • Publicly traded real estate investment trust in connection with the leasing of a prominent retail shopping center.

News & Views

See all News and Views

Recognitions

  • 2024–2025, Real Estate Law, Philadelphia, listed in Best Lawyers in America©
  • 2024, “Power Player” Finalist, Pennsylvania Legal Awards, listed by The Legal Intelligencer
  • 2023, listed in The Legal 500 United States
  • 2021–2024, Real Estate: Finance Law, listed in Chambers USA
  • 2018, “Influencer of Law: Real Estate,” by The Philadelphia Inquirer
  • 2005-2016, “Rising Star,” listed in Philadelphia Super Lawyers

Affiliations

Memberships

  • Philadelphia Bar Association
  • American College of Mortgage Attorneys
  • Pennsylvania Bar Association
Professional Activities

In 2017, Steven was inducted as a Fellow to the American College of Mortgage Attorneys ("ACMA"), where he joins 400 attorneys in North America who are experts in mortgage law. Also active in his community, he serves on the board of directors for Philadelphia Volunteers for the Indigent Program (“VIP”), the Impact Center and Ryan’s Case for Smiles.

Credentials

Admissions

  • Pennsylvania
  • New Jersey

Education

  • College of William & Mary, BA
  • George Washington University Law School, JD, with honors

A description of the standard or methodology on which the accolades are based can be found here.

No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

Related Services

Related Industries