Background & Experience

Richard R. Goldberg is a retired partner whose practice in the Real Estate Department was concentrated in the areas of real estate development, financing, leasing, and acquisition. In nearly five decades as a practicing lawyer, including 18 years at Ballard Spahr, he handled a series of deals for landmark properties, large shopping malls, and hotels.

Mr. Goldberg served as counsel to the Loews Corporation in the development and financing of its conversion of the historic PSFS office building in Philadelphia into a state-of-the-art hotel. He served as lender’s counsel for the financing and refinancing of office buildings, apartment complexes, and shopping centers, including the largest mall in New Jersey. Adept at structuring complex financing, Mr. Goldberg represented lenders in providing secured credit lines to real estate investment trusts with properties located in multiple states, and in mezzanine loans and complex preferred equity structures.

Before joining Ballard Spahr, Mr. Goldberg served as Vice President and Associate General Counsel of The Rouse Company for 23 years.

Pro Bono Experience

Mr. Goldberg served as counsel to Philadelphia’s Magic Garden, a showcase for mosaic artist Isaiah Zagar. The financing arranged by Mr. Goldberg saved one of Mr. Zagar’s most notable works from being destroyed. Mr. Goldberg has also devoted considerable pro bono efforts to The Center for Art in Wood in Philadelphia, a nationally recognized museum and exhibitor of wood arts and crafts. Mr. Goldberg secured the funding for a permanent home for the museum, and continues to serve as the museum’s President and Counsel.

Professional Highlights

Professional Activities

Temple University James E. Beasley School of Law
Adjunct Professor

American Bar Association
Member, Section of Real Property, Trust and Probate; Section liaison to Drafting Committee for Revision of Articles 1 and 9 of the Uniform Commercial Code

American College of Mortgage Attorneys
Fellow; Co-Chair, Capital Markets Committee

American College of Real Estate Lawyers (ACREL), Fellow, past President

The American Law Institute, adviser to the Restatement of Property (Mortgages)

Anglo-American Real Property Institute, past Chair

International Council of Shopping Centers
Past Chair, Law Conference

Recognition & Accomplishments

Chambers USA: America's Leading Lawyers for Business, real estate law, 2003-2011

The Best Lawyers in America Philadelphia Real Estate Lawyer of the Year 2010

The Best Lawyers in America, real estate law, and securitization and structured finance law, 2006-2012

Who's Who in America

Who's Who in American Law

Who's Who Legal: The International Who's Who of Business Lawyers, where he is recognized as one of the ten most highly regarded real estate lawyers in the world

Publications

Mr. Goldberg has written at length on real estate issues, including articles on the economics of commercial leasing for lawyers; commercial financing, including credit enhancement; and participating financing. He is the co-author of a handbook on downtown development for Massachusetts Continuing Legal Education.

Speaking Engagements

Program planner, "Doing Deals with Servicers in the New Economy: Strategies and Structures for Acquisition and Resolution of Distressed CMBS Assets" and "Revived, Reviled, Rescued or Redeemed: The Return of CMBS," Creative Structures for Dynamic Markets: The Rebirth of Opportunities in the City of Brotherly Love, ACREL program, Philadelphia, October 20, 2011

Planning Chair and speaker, ALI-ABA Commercial Real Estate Finance, 1987-present

"Capital Markets," American College of Real Estate Lawyers, Spring 2008

"Capital Markets," American Bar Association, Spring 2008

Planning Chair and speaker, ALI-ABA Commercial Real Estate Leases, Spring 1983-present

Community Activities

Old City Civic Association

Board Memberships

The Center for Art in Wood, President

York Square Condominium Association, President

The Franklin Inn Club
Member; Chair, Business Development Committee

Education

University of Maryland School of Law (LL.B. 1964)

Pennsylvania State University (B.A. 1961)

Admissions

Maryland

New Jersey (inactive)

Pennsylvania