Robert K. Smith
Practice Expertise
- Banking and Finance
- Capital Markets and Securities
- Corporate Governance and Board Advisory
- Mergers and Acquisitions
Areas of Practice
- Banking and Finance
- Capital Markets and Securities
- Corporate Governance and Board Advisory
- Mergers and Acquisitions
- Corporate View More
Profile
Rob serves as the head of the firm's real estate capital markets/REIT practice. He is a nationally recognized lawyer with 25 years of experience in advising public and private real estate investment trusts (REITs) and other real estate and finance companies on a broad range of capital markets, M&A, securities, governance, and SEC compliance matters. He counsels both issuers and underwriters in capital markets transactions, including IPOs, follow-on offerings, 144A offerings, and other private placements. Rob has represented a variety of REITs, including mortgage, office, industrial, land-banking, data center, retail, and self-storage REITs. Rob has significant REIT M&A experience and is a trusted advisor to multiple REIT boards of directors. He also has acted as an industry expert witness in REIT-related proceedings.Rob is recognized as a leading lawyer in Chambers USA for REITs (2021-2026). He is also recommended by Legal 500 US for REITs (2017-2019 and 2022-2026).Additionally, since 2017, Rob has acted as outside corporate counsel on a pro bono basis to Project Destined, a national, real estate focused non-profit organization dedicated to furthering education in the US.
Bar Admissions
District of Columbia
Maryland
Education
JD, SUNY Buffalo Law School, magna cum laude, Note and Comment Editor, The Buffalo Law, 2001
BA, St. Bonaventure University, cum laude, 1998
Areas of Practice
- Banking and Finance
- Capital Markets and Securities
- Corporate Governance and Board Advisory
- Mergers and Acquisitions
- Corporate
Professional Career
Significant Accomplishments
Has been counsel in over 200 capital markets transactions for REITs or other real estate and finance companies, including IPOs for both mortgage and equity REITs.
Was REIT company counsel for the then largest ever non-rated public offering of preferred stock.
Advised on a spin-off of a newly created public land-banking REIT, the only publicly traded REIT of its kind.
Represents some of the largest publicly traded mortgage REITs, as well as small-cap REITs.
Chambers USA states that Rob is known particularly for his experience in the mortgage REIT industry, and he has acted as company or underwriter's counsel for a significant portion of all US listed mortgage REITs.
Advised on the largest IPO in history.
Has acted as counsel in several public and private REIT M&A transactions.
Advised on the first offering of finance assets by a REIT.
Has acted as counsel in multiple REIT internalizations, including a publicly traded REIT with over $130 billion in assets and a publicly traded REIT in connection with its internalization and simultaneous acquisition of an asset manager business.
Has acted as an industry expert witness in REIT-related proceedings.
Has represented underwriters in numerous securities offerings by REITs, including IPOs and follow-on offerings.
Represents numerous public REITs on ongoing SEC reporting and related disclosure, securities laws and governance matters.
Has represented various funds and other entities making investments in REITs and other real estate companies, including in the office, industrial, mortgage and medical office spaces (including an anchor investor in a $600 million 144A offering by a private medical office REIT).
Assisted several publicly traded REITs with rescue financing and related matters during the market turmoil experienced by companies during the initial stages of the COVID pandemic.
Represented the Manager in the acquisition of the management contract of a publicly traded REIT.
Represented the underwriters in a registered preferred stock offering by a non-exchange traded REIT.
Represented a private mortgage company in its initial $250 million 144A offering.
Regularly advises boards of directors and committees on various corporate matters (including shareholder activist matters), including audit and compensation committees.
Represented a micro-cap REIT in the negotiation of employment and consulting arrangements for the retiring Executive Chairman of the Board.
Acted as company counsel in multiple private tender offers for high-yield bonds for a mortgage company.
$1.15B Exchangeable Senior Notes Offering
$1.15B Exchangeable Senior Notes Offering and Concurrent $840M Common Stock Offering
$100M ATM Offering
$100M Public Offering of Senior Notes
$2.4B Sale of Middle Market Lending Portfolio
$200M ATM Offering
$34.5M Public Offering of Senior Notes
$645M Public Offering
$65M Public Offering of Senior Notes
$665M Offering of Common Stock
$736.8M Public Offering by Rexford Industrial Realty, Inc.
Advised AG Mortgage Investment Trust on $75 Million At-The-Market Public Offering
Advised on $200 Million At-The-Market Public Offering by Franklin BSP Realty Trust
Arlington Asset Investment Corp.'s Merger with Ellington Financial Inc.
MFA Financial, Inc.'s $300M Common Stock Offering
NexPoint Real Estate Finance, Inc.'s Senior Notes Offering
Representation of AG Mortgage Investment Trust in Successful Topping Bid
Representation of AG Mortgage Investment Trust, Inc. in Public Offering of Senior Notes
Representation of MFA Financial, Inc. in an Underwritten $75M Public Offering of Senior Notes
Represented Chimera Investment Corporation in Public Offering of Senior Notes
Represented NewLake Capital Partners in At-The-Market Public Offering
Representing Chimera in its Acquisition of Palisades Group
Has been counsel in over 200 capital markets transactions for REITs or other real estate and finance companies, including IPOs for both mortgage and equity REITs.
Was REIT company counsel for the then largest ever non-rated public offering of preferred stock.
Advised on a spin-off of a newly created public land-banking REIT, the only publicly traded REIT of its kind.
Represents some of the largest publicly traded mortgage REITs, as well as small-cap REITs.
Chambers USA states that Rob is known particularly for his experience in the mortgage REIT industry, and he has acted as company or underwriter's counsel for a significant portion of all US listed mortgage REITs.
Advised on the largest IPO in history.
Has acted as counsel in several public and private REIT M&A transactions.
Advised on the first offering of finance assets by a REIT.
Has acted as counsel in multiple REIT internalizations, including a publicly traded REIT with over $130 billion in assets and a publicly traded REIT in connection with its internalization and simultaneous acquisition of an asset manager business.
Has acted as an industry expert witness in REIT-related proceedings.
Has represented underwriters in numerous securities offerings by REITs, including IPOs and follow-on offerings.
Represents numerous public REITs on ongoing SEC reporting and related disclosure, securities laws and governance matters.
Has represented various funds and other entities making investments in REITs and other real estate companies, including in the office, industrial, mortgage and medical office spaces (including an anchor investor in a $600 million 144A offering by a private medical office REIT).
Assisted several publicly traded REITs with rescue financing and related matters during the market turmoil experienced by companies during the initial stages of the COVID pandemic.
Represented the Manager in the acquisition of the management contract of a publicly traded REIT.
Represented the underwriters in a registered preferred stock offering by a non-exchange traded REIT.
Represented a private mortgage company in its initial $250 million 144A offering.
Regularly advises boards of directors and committees on various corporate matters (including shareholder activist matters), including audit and compensation committees.
Represented a micro-cap REIT in the negotiation of employment and consulting arrangements for the retiring Executive Chairman of the Board.
Acted as company counsel in multiple private tender offers for high-yield bonds for a mortgage company.
$1.15B Exchangeable Senior Notes Offering
$1.15B Exchangeable Senior Notes Offering and Concurrent $840M Common Stock Offering
$100M ATM Offering
$100M Public Offering of Senior Notes
$2.4B Sale of Middle Market Lending Portfolio
$200M ATM Offering
$34.5M Public Offering of Senior Notes
$645M Public Offering
$65M Public Offering of Senior Notes
$665M Offering of Common Stock
$736.8M Public Offering by Rexford Industrial Realty, Inc.
Advised AG Mortgage Investment Trust on $75 Million At-The-Market Public Offering
Advised on $200 Million At-The-Market Public Offering by Franklin BSP Realty Trust
Arlington Asset Investment Corp.'s Merger with Ellington Financial Inc.
MFA Financial, Inc.'s $300M Common Stock Offering
NexPoint Real Estate Finance, Inc.'s Senior Notes Offering
Representation of AG Mortgage Investment Trust in Successful Topping Bid
Representation of AG Mortgage Investment Trust, Inc. in Public Offering of Senior Notes
Representation of MFA Financial, Inc. in an Underwritten $75M Public Offering of Senior Notes
Represented Chimera Investment Corporation in Public Offering of Senior Notes
Represented NewLake Capital Partners in At-The-Market Public Offering
Representing Chimera in its Acquisition of Palisades Group
Articles
Capital Markets 2025 Year in Review
Real Estate Capital Markets | 2021 Year in Review
Real Estate Capital Markets | 2022 Year in Review
Real Estate Capital Markets | 2023 Year in Review
Real Estate Capital Markets | 2024 Year in Review
Real Estate Capital Markets 2025 Year in Review
Real Estate Capital Markets Newsletter | Fall 2022
Real Estate Capital Markets Newsletter | Spring 2023
Real Estate Capital Markets Newsletter | Summer 2022
Real Estate Capital Markets Quarterly Report | 2022 Q1
Real Estate Capital Markets Report | Fall 2024
Real Estate Capital Markets Report | Fall 2025
Real Estate Capital Markets Report | Spring 2024
Real Estate Capital Markets Report | Spring 2025
Real Estate Capital Markets Report | Spring 2026
Real Estate Capital Markets Report | Summer 2024
Real Estate Capital Markets Report | Summer 2025
Real Estate Capital Markets Report | Summer 2026
Real Estate Capital Markets | 2021 Year in Review
Real Estate Capital Markets | 2022 Year in Review
Real Estate Capital Markets | 2023 Year in Review
Real Estate Capital Markets | 2024 Year in Review
Real Estate Capital Markets 2025 Year in Review
Real Estate Capital Markets Newsletter | Fall 2022
Real Estate Capital Markets Newsletter | Spring 2023
Real Estate Capital Markets Newsletter | Summer 2022
Real Estate Capital Markets Quarterly Report | 2022 Q1
Real Estate Capital Markets Report | Fall 2024
Real Estate Capital Markets Report | Fall 2025
Real Estate Capital Markets Report | Spring 2024
Real Estate Capital Markets Report | Spring 2025
Real Estate Capital Markets Report | Spring 2026
Real Estate Capital Markets Report | Summer 2024
Real Estate Capital Markets Report | Summer 2025
Real Estate Capital Markets Report | Summer 2026
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