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Pavan C. Surapaneni

Partner

Pavan C. Surapaneni

Partner
New York +1-212-558-4000+1-212-558-4000 +1-212-558-3588+1-212-558-3588
[email protected]
Pavan Surapaneni is a partner in the Firm’s General Practice Group. Named a “Rising Star” in Sports by Law360 and an “Emerging Leader” by The M&A Advisor in 2018, Pavan has a unique multidisciplinary practice with extensive experience in the sports and real estate industries. He has advised clients on numerous related acquisitions, joint ventures, financings, developments, reorganizations and general corporate matters, including the following representative transactions: 

Sports Real Estate
  • New York Football Giants in its financing of MetLife Stadium. 
  • Giants Development Services (an affiliate of the San Francisco Giants) in connection with its 28-acre, mixed-used development adjacent to Oracle Park.
  • Frank McCourt in various matters relating to the parking lots surrounding Dodgers Stadium and associated joint venture with affiliates of the Dodgers.
  • Madison Square Garden in various arena matters, including a bid to redevelop Nassau Coliseum.
  • Joe Tsai in connection with the renegotiation of the Brooklyn Nets’ arena license at the Barclays Center.
  • Delaware Life Insurance Company and others as lenders to the owners of Mammoth Mountain, Big Bear Mountain Resort and other ski resorts.
  • Atlanta Hawks in connection with the potential development of The Gulch in downtown Atlanta.

Sports M&A
  • ATL Investco in the acquisition of the Atlanta Hawks.
  • Frank McCourt in the $2.15 billion sale of the Los Angeles Dodgers. 
  • Joe Tsai in his acquisition of a 49 percent interest in the Brooklyn Nets and an option to acquire control.
  • MLB Advanced Media in its formation of BAMTech and the 2016 and 2017 investments in BAMTech by The Walt Disney Company.
  • BAMTech in its formation of BAMTech Europe and related partnership with Discovery Communications.
  • c0ntact gaming in its acquisition of the Paris franchise in the newly created Call of Duty League.
  • DM Esports in its agreement to join The Overwatch League as the owner of an expansion franchise in Paris.
  • Joe Tsai in his acquisition of the New York Liberty.
  • Various minority investors in acquisitions of interests in the New York Yankees, the Los Angeles Football Club and the Nashville SC.
  • Cablevision in its spin-off of Madison Square Garden and related negotiations with the NHL and the NBA.
Real Estate M&A and Capital Markets
  • Whitehall Street Real Estate Funds in both its $1.475 billion CMBS, mezzanine and preferred recapitalization of a 33-state hotel portfolio and its $975 million refinancing, and subsequent $1.925 billion sale to Hospitality Investors Trust, of the Equity Inns lodging portfolio.
  • Highgate Hotels L.P. in its sale of a partnership interest to Trilantic Capital Partners.
  • Pershing Square and Fairholme in their $3.9 billion investment in General Growth Properties.
  • Pritzker Family Beneficiaries in connection with their private equity investment arm Geolo Capital and its portfolio company Commune Hotels & Resorts merger with Destination Hotels.
  • Lexington Building Co. in its $1.775 billion sale of the Crown Building at 730 Fifth Avenue in New York to General Growth Properties and Jeff Sutton.
  • Vornado Realty Trust in the $1.3 billion acquisition of 650 Madison Avenue, and in numerous other acquisitions, joint ventures and permanent, construction and land financings. 
  • Tishman Speyer in connection with its joint venture for the development of a $540 million residential project in San Francisco’s Central SoMa neighborhood.
  • GF Tampa in its acquisition of community infrastructure bonds for a master-planned mixed-use community in Florida and its subsequent acquisition of an equity interest in the developer.

Pavan is the vice-chair of the Board of Visitors at Columbia’s School of General Studies, a director of Saving Teens in Crisis Collaborative and a director of the American Alpine Club. In 2018, Pavan was named a fellow by the Leadership Council on Legal Diversity and, in 2017, he was a fellow in the New York City Bar Association’s Diversity Bar Fellowship Program. He is also a member of the Firm’s Diversity Committee and is partner adviser to, and former Co-Head of, its Asian Associates Network.