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Clifford Chance
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Clifford Chance Advises Dream Residential REIT on its Acquisition by Morgan Properties

September 5, 2025

Clifford Chance Advises Dream Residential REIT on its Acquisition by Morgan Properties

Global law firm Clifford chance advised Dream Residential REIT on its definitive agreement to be acquired by Morgan Properties in an all-cash transaction valued at approximately US$354 million.  

This transaction marks the conclusion of the REIT’s previously announced strategic review process.

Dream Residential REIT is an unincorporated, open-ended real estate investment trust that owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States.

The cross-practice US team advising on the transaction is led by partner Andrew Epstein (Capital Markets), partner Paul Seraganian (Tax), and associate Stephanie Kilmer (Corporate/M&A) and includes lawyers from New York, Washington, DC, and Houston:

  • Tax: Counsel Hannah Richard and associate Sharon Yu
  • Corporate/M&A: Associate Maria Fernanda Gadea Rivera
  • Real Estate: Counsel Meny Elgadeh, associate Dawn Goldberg, and associate Nick Mitchell
  • Environmental: Partner Ty’Meka Reeves-Sobers and associate Kami McFarland
  • Executive Compensation and Benefits: Partner Reuven Falik and associate David Walsh