Reed Smith Advised Public REIT in $620 Million Denny's Take-Private Deal
Global law firm Reed Smith advised a public real estate investment trust (REIT) on its acquisition of a nationwide portfolio
Reed Smith Advised Public REIT in $620 Million Denny's Take-Private Deal.
Global law firm Reed Smith advised a public real estate investment trust (REIT) on its acquisition of a nationwide portfolio of restaurant properties as part of a $620 million take-private acquisition of Denny's Corp. The transaction closed in the first quarter of 2026 and required the Reed Smith team to perform expedited due diligence on over seventy properties during a two-week review period. Reed Smith provided advised on various real estate, state tax, corporate and franchise issues.
The deal team included attorneys from the Real Estate, State Tax, Global Corporate, and Global Commercial Disputes groups. The team was led by Alexandra Sheedy-Rodriguez (Partner) and included Molly Marshall (Associate), Maria Marcano-Alvarez (Associate), Steve Lyons (Counsel), Michael Jacobs (Partner), Jennifer Cuddy (Partner), Meredith Hartley (Counsel), Michael S. Lee (Partner), Aryeh Younger (Partner), Nathaniel Ku (Associate), Kim Brodhead (Associate), Talford (“T.J.”) Thompson (Associate), C. Andrew (“Drew”) Robinson (Associate), Lucas Faria (Associate), Fernanda Lopes de Alcantara Gil (Foreign Associate/ Reed Smith LLP), and Conor Cassidy (Associate).
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