Skip to main content

Phillip S. Sosnow

Area of Focus: Real Estate

Phil is a New York and Florida licensed lawyer who helps clients buy, sell, and finance real estate. From large hotel and entertainment projects to luxury condos and offices, Phil’s practical, results-oriented approach creates trust and positive working relationships with all parties involved in the transaction, even after the deal has closed. He enjoys working on high-profile deals and takes pride in contributing to the changing skyline of the community.

Q & A
How do you assist out-of-state investors and business people wanting to do business in Florida?
Florida is ranked among the top states for business growth. It continues to attract new investments from astute business leaders in high-tax states. I co-counsel or serve as local counsel with professionals abroad to provide guidance on Florida issues and deals. With my experience in and out of Florida, clients and their legal teams know they receive the high-quality representation they expect on sophisticated transactions, tax issues, and dispute resolution.
How does your experience working with all types of lenders benefit your clients?
Alternative financing sources have multiplied exponentially, and institutional lenders are eager to lend. Clients have many viable options. I work closely with clients to understand their specific goals, terms, and expectations for each deal to match them with the right lender. I stay on top of market trends and monitor lenders’ financing patterns, priorities, and limitations to help guide a client’s decision making.
What is different about practicing law at Bilzin Sumberg?
Since moving from New York, I have been impressed with my colleagues’ genuine interest in and commitment to my success. The partners, who are preeminent in their fields, take the time to mentor by sharing their knowledge, advice, and guidance. Collaborating with them and watching them in action, has been invaluable
Assisted with the acquisition and financing of three large hotel properties, two in Orlando and one in Milwaukee for operator with approximately $500 million worth of hotel properties. Advised on structuring acquisitions in a tax efficient manner including joint venture agreements and negotiating wi...
Representation of a real estate investment firm as Florida counsel in the $325 million acquisition and financing of a multifamily portfolio made up of three luxury apartment communities in the Orlando, Florida area.
Representation of the joint venture between Regalia Group and OTM Group in obtaining a $225 million construction loan and restructuring of subordinate debt for the One Thousand Museum luxury condominium. The 62-story, $450 million downtown Miami condominium tower was designed by the late architect Z...
Representation of joint venture between Ten Capital Management and Somerset Properties, as Florida counsel, in the $82.5 million acquisition and $58.4 million CMBS financing of Bayview Corporate Tower, a 400,000-plus square-foot building in Fort Lauderdale, Florida. The 12-story property reportedly ...
Representation of the owners of Jungle Island in the sale of the iconic, 18-acre theme park and banquet hall on Watson Island between Downtown Miami and Miami Beach. Several issues made the deal difficult, including the transaction being contingent on the assumption of three governmental loans.
Representation of New York-based developer as co-counsel in the negotiation of the Purchase and Sale Agreement, Development Agreement, and Construction, Operation, Restrictions and Reciprocal Easement Agreement related to the $43 million acquisition of Miami Worldcenter Block E. Also served as lead ...
  • Fordham University, J.D., 2008
    Touro College, B.A., Political Science, 2004
  • American Israel Public Affairs Committee
    Washington Club Member
    Chevra Kadisha of South Florida
    CRE Finance Council
    Young Professionals Member
    Friendship Circle of Miami Beach and North Dade
    Board Member
    The Florida Bar
    Young Lawyers Division, Member
    Real Property, Probate & Trust Law Section, Member
    Young Israel of Greater Miami
    Executive Committee Member
  • Florida
    New York
  • Daily Business Review, Top Dealmakers of the Year, 2016

    Florida Super Lawyers, Florida Rising Stars, 2018 - present

    South Florida Business Journal, 40 Under 40 Honoree, 2017

    The Best Lawyers in America, Real Estate Law, 2021