Aaron C. Kinderlehrer is an experienced and well-rounded real estate practitioner. He began his career in 1973 at the New York law firm of Fried, Frank and later was a partner at the New York law firm of Feit & Ahrens. Most recently, Aaron was of Counsel with the New York law firm of Proskauer Rose LLP.  Aaron joined Wilk Auslander in January 1999.

Aaron has advised clients on all aspects of real estate law, including acquisitions and sales, commercial and office leasing, and financings of all sorts, including construction loans and major securitization transactions, workouts, syndications, and cooperative housing and condominium development. He represents major banks and financial institutions on loans secured by real estate, including raw land, shopping centers, hotels, office buildings, apartment developments, and industrial and manufacturing properties. Aaron has also handled the acquisition and sale of commercial properties and hotels throughout the U.S., including acquisitions of major office buildings in New York City, Los Angeles, Chicago, Dallas, Pittsburgh, Miami, Phoenix, and Washington, D.C. Aaron has also handled all types of hotel and hospitality industry matters, including hotel acquisitions and sales, hotel financings, hotel management agreements, and franchising agreements.

He has broad experience in office leasing, acting for both landlords and tenants. Aaron has also expanded his acquisition and financing practice into a new area and has developed a unique subspecialty in the skilled nursing home industry. With this new subspecialty, our firm now handles the entire gamut of transactions involving skilled nursing homes and assisted living facilities, including sales, acquisitions, leasing, management agreements, and all the various sorts of financings involved in this industry, including accounts receivable financings, bridge financings, and HUD insured financings.

Aaron has served as a member of the Real Property Committee of The Association of the Bar of the City of New York, and was Secretary of that committee for two years. While serving on that committee, Aaron worked on several of its subcommittees, including the subcommittee that drafted some pro-lender legislation involving credit-line mortgages and the legality of interest charged on interest. Before this legislation was passed, lenders were reluctant to make loans in New York due to the lack of clarity on both the features of credit-line mortgages with the repayment of prior advances and subsequent readvances, as well as the legal question of the validity of interest charged on interest. With such clarifying pro-lender legislation passed, lenders are now comfortable making such loans in New York.

  • In the expansion of his practice into the health care industry, Aaron recently represented Millennium Management, LC, a large Miami-based owner and manager of skilled nursing facilities. Aaron worked with the company in the acquisition of a 19-facility, 2,088-bed portfolio of nursing homes located throughout Florida. He then helped with the subsequent refinancing of most of the portfolio in the largest HUD-financed nursing home loan transaction since 2005 and the largest HUD financing of skilled nursing facilities since the adoption of the new HUD LEAN program.
  • Within hospitality-based real estate transactions, some of Aaron's more significant matters include representing the buyer of the Righa Royal Hotel behind Carnegie Hall, the seller of the Michelangelo Hotel in the Times Square area, and the lender for the Marriott East Side Hotel, all in New York City.
  • In the leasing area, some of Aaron's more significant matters include representing two major financial institutions in New York City. The first was a lease of more than 200,000 square feet of space at the World Financial Center and the second was for over 300,000 square feet on the East Side in the Grand Central District.
  • In the sales and acquisitions arena, Aaron has represented Sumitomo Corporation of America in the acquisition and sale of several large office buildings around the country. These transactions include the purchase of the Miami Center building in downtown Miami, the sale of the Phelps building in downtown Phoenix, the purchase of 1750 K Street in Washington D.C., and the purchase and sale of one of the major Hayden Ferry tower buildings in downtown Tempe, Arizona. Aaron has also handled the purchase of 200 Madison Avenue, as well as the sale of 801 Second Avenue, and the ground leasing of 380 Madison Avenue, all major office buildings in Manhattan, and the purchase of One Oliver Plaza, a large office building in downtown Pittsburgh.

Overview

Aaron C. Kinderlehrer is an experienced and well-rounded real estate practitioner. He began his career in 1973 at the New York law firm of Fried, Frank and later was a partner at the New York law firm of Feit & Ahrens. Most recently, Aaron was of Counsel with the New York law firm of Proskauer Rose LLP.  Aaron joined Wilk Auslander in January 1999.

Aaron has advised clients on all aspects of real estate law, including acquisitions and sales, commercial and office leasing, and financings of all sorts, including construction loans and major securitization transactions, workouts, syndications, and cooperative housing and condominium development. He represents major banks and financial institutions on loans secured by real estate, including raw land, shopping centers, hotels, office buildings, apartment developments, and industrial and manufacturing properties. Aaron has also handled the acquisition and sale of commercial properties and hotels throughout the U.S., including acquisitions of major office buildings in New York City, Los Angeles, Chicago, Dallas, Pittsburgh, Miami, Phoenix, and Washington, D.C. Aaron has also handled all types of hotel and hospitality industry matters, including hotel acquisitions and sales, hotel financings, hotel management agreements, and franchising agreements.

He has broad experience in office leasing, acting for both landlords and tenants. Aaron has also expanded his acquisition and financing practice into a new area and has developed a unique subspecialty in the skilled nursing home industry. With this new subspecialty, our firm now handles the entire gamut of transactions involving skilled nursing homes and assisted living facilities, including sales, acquisitions, leasing, management agreements, and all the various sorts of financings involved in this industry, including accounts receivable financings, bridge financings, and HUD insured financings.

Aaron has served as a member of the Real Property Committee of The Association of the Bar of the City of New York, and was Secretary of that committee for two years. While serving on that committee, Aaron worked on several of its subcommittees, including the subcommittee that drafted some pro-lender legislation involving credit-line mortgages and the legality of interest charged on interest. Before this legislation was passed, lenders were reluctant to make loans in New York due to the lack of clarity on both the features of credit-line mortgages with the repayment of prior advances and subsequent readvances, as well as the legal question of the validity of interest charged on interest. With such clarifying pro-lender legislation passed, lenders are now comfortable making such loans in New York.

Representative Matters

  • In the expansion of his practice into the health care industry, Aaron recently represented Millennium Management, LC, a large Miami-based owner and manager of skilled nursing facilities. Aaron worked with the company in the acquisition of a 19-facility, 2,088-bed portfolio of nursing homes located throughout Florida. He then helped with the subsequent refinancing of most of the portfolio in the largest HUD-financed nursing home loan transaction since 2005 and the largest HUD financing of skilled nursing facilities since the adoption of the new HUD LEAN program.
  • Within hospitality-based real estate transactions, some of Aaron's more significant matters include representing the buyer of the Righa Royal Hotel behind Carnegie Hall, the seller of the Michelangelo Hotel in the Times Square area, and the lender for the Marriott East Side Hotel, all in New York City.
  • In the leasing area, some of Aaron's more significant matters include representing two major financial institutions in New York City. The first was a lease of more than 200,000 square feet of space at the World Financial Center and the second was for over 300,000 square feet on the East Side in the Grand Central District.
  • In the sales and acquisitions arena, Aaron has represented Sumitomo Corporation of America in the acquisition and sale of several large office buildings around the country. These transactions include the purchase of the Miami Center building in downtown Miami, the sale of the Phelps building in downtown Phoenix, the purchase of 1750 K Street in Washington D.C., and the purchase and sale of one of the major Hayden Ferry tower buildings in downtown Tempe, Arizona. Aaron has also handled the purchase of 200 Madison Avenue, as well as the sale of 801 Second Avenue, and the ground leasing of 380 Madison Avenue, all major office buildings in Manhattan, and the purchase of One Oliver Plaza, a large office building in downtown Pittsburgh.