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

Mr. Goldberg is a Fellow of the American College of Real Estate Lawyers, of which he is past President.  In 2017 he became the recipient of the Frederick Lane Award for distinguished service to the legal profession, one of the highest awards given to a real estate lawyer. He is a member of the Anglo-American Real Property Institute, of which he is past Chair; a member of the International Council of Shopping Centers, of which he is past Chair of the organization’s Law Conference; and a Fellow of the American College of Mortgage Attorneys, where he serves as Co-Chair of the Capital Markets Committee. He also is a member of the American Law Institute and was an adviser to the Restatement of Property (Mortgages). He is a member of the Program Advisory Committee of ALI-ABA and the Real Estate Advisory Committees of ALI-ABA and the Practising Law Institute.

Mr. Goldberg was an Adjunct Professor at Temple University James E. Beasley School of Law. He is Planning Chair of, and presenter at, the ALI-ABA commercial real estate leasing and commercial real estate financing annual seminars. He 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.

In addition, Mr. Goldberg is the co-author of a handbook on downtown development for Massachusetts Continuing Legal Education, and a member of the American Bar Association, Section of Real Property, Trust and Probate, where he has served as the real property liaison to the Drafting Committee for the Revision of Articles 1 and 9 of the Uniform Commercial Code.

Mr. Goldberg is a past President of the Board of Directors of The Center for Art in Wood, President of the York Square Condominium Association, and a past President of The Franklin Inn Club. He is on the Board of the Old City Business Development District and serves as Chair of the Economic Development Committee and Co-Chair of the Zoning Committee.

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, ACREL program, Philadelphia, October 20, 2011
  • Moderator, "Financing Real Estate Projects Today Using Tax Credits and Governmental Incentives," ALI-ABA video webcast, June 22, 2009
  • 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
  • Numerous other speaking engagements for Web Credenza and other CLE providers

Mr. Goldberg is listed in Chambers USA: America’s Leading Lawyers for Business as a leader in the field of real estate in the 2003 through 2011 editions, and in the 2006 through 2012 editions of The Best Lawyers in America for real estate law and structured finance law. He was also named Philadelphia Real Estate Lawyer of the Year for 2010 by Best Lawyers. He is listed in Who’s Who Legal: The International Who’s Who of Business Lawyers (where he is listed as one of the ten most highly regarded real estate lawyers in the world), Who’s Who in American Law, Who’s Who in America, and Who’s Who in the World.

Mr. Goldberg is a graduate of Pennsylvania State University (B.A. 1961) and the University of Maryland School of Law (J.D. 1964).

Education

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

Pennsylvania State University (B.A. 1961)

Admissions

Pennsylvania

Maryland