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Est. 1984 · Chambers USA Top-Ranked Real Estate Firm

Barack Ferrazzano Kirschbaum & Nagelberg LLP

200 West Madison Street, Suite 3900 · Chicago, IL 60606 · (312) 984-3100

Buying or Selling Property Commercial Real Estate Real Estate Financing Development & Construction Leasing REITs & Institutional Investors

Barack Ferrazzano has been one of Chicago's preeminent real estate law firms since the day it opened its doors in 1984. With more than 120 attorneys across ten practice groups and a real estate team that Chambers USA consistently ranks among the best in Illinois, BFKN handles everything from a single commercial acquisition to billion-dollar portfolio transactions for REITs, pension funds, developers, and institutional lenders.

Chambers USA Best Law Firms U.S. News Best Lawyers Super Lawyers
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4.8
★★★★★
Based on 94+ verified reviews
Overall
4.8
Results
4.9
Communication
4.7
Value
4.3
Editorial Verdict

Why Choose Barack Ferrazzano?

If you own, develop, finance, or invest in commercial real estate in Chicago, Barack Ferrazzano belongs on your short list. The firm's real estate group has been a cornerstone of its practice since founding — its lawyers handle acquisitions, development, complex leasing, REIT structures, debt workouts, and construction financing at a level that draws national clients to a Chicago-based firm. Dennis Ferrazzano serves as primary North American real estate counsel for LVMH; Howard Kirschbaum managed the firm for 25 years while building a national reputation. For individual buyers or sellers of residential property, a boutique may offer more tailored service. For anything institutional, complex, or high-value, BFKN is a top-tier choice backed by decades of consistent Chambers recognition.

Practice Areas

Situations They Handle

Commercial Property Acquisition & Sale Real Estate Development & Entitlement Commercial Leasing (Landlord & Tenant) Real Estate Finance & Debt Restructuring REITs & Fund Formation Joint Ventures & Equity Structures Construction Contracts & Disputes Tax-Exempt Financing Zoning & Land Use Real Estate Litigation
Fees & Pricing

What You'll Likely Pay

The firm bills hourly for transactional and litigation work. No contingency arrangements for real estate matters. Rates reflect the firm's national-caliber talent and Chicago Loop location.

$450–$800
per hour (partner rates)
$250–$400
per hour (associate rates)
The Team

Key Attorneys

Dennis A. Ferrazzano, Founding Partner

Dennis A. Ferrazzano

Founding Partner
Commercial real estate, LVMH/LVMH brands counsel, business planning, major transactions
Howard J. Kirschbaum, Founding Partner

Howard J. Kirschbaum

Founding Partner
Commercial real estate, corporate securities, 25-year managing partner
Suzanne Bessette-Smith, Partner

Suzanne Bessette-Smith

Real Estate Group Co-Chair
Real estate transactions, development financing, leading women in law honoree
Client Experiences

What Clients Say

Client
Robert H.
Commercial Acquisition · Streeterville Developer
★★★★★
"We used BFKN for a complex mixed-use acquisition with three financing layers. Their team handled every piece seamlessly. The transaction would have fallen apart twice without them. Worth every dollar."
Client
Jennifer M.
REIT Formation · Institutional Investor
★★★★★
"We've used Barack Ferrazzano for our REIT work for six years. They understand the regulatory environment, they move fast, and they find solutions when other firms see dead ends. Excellent firm."
Client
Thomas A.
Real Estate Leasing · Loop Commercial Landlord
★★★★★
"I've had leases negotiated by firms all over Chicago. BFKN's attention to long-term risk — provisions that protect you five years from now — is exceptional. They play chess while others play checkers."
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FAQ

Common Questions About This Firm

Does Barack Ferrazzano handle residential real estate?
The firm's real estate practice is focused on commercial real estate — acquisitions, development, leasing, financing, REITs. If you're buying or selling a personal home, you'd be better served by a residential real estate attorney or a firm that specializes in consumer real estate transactions.
What types of clients does the firm typically represent?
BFKN's client base spans real estate developers, institutional investors, pension funds, REITs, private equity-backed real estate platforms, corporate tenants, banks and mortgage lenders, family offices, and international investors acquiring U.S. real estate assets.
How quickly can they handle a time-sensitive transaction?
The firm is experienced with expedited deal timelines. For deals requiring tight turnarounds, communicate your deadline at the outset of the engagement so the team can structure availability accordingly.
Is the firm only for large deals?
The firm's reputation is strongest in larger and more complex transactions, but the team advises across a range of deal sizes. The economics make most sense for transactions where legal sophistication meaningfully reduces risk — typically $1M or more.
Do they offer a free initial consultation?
Like most large commercial firms, BFKN typically does not offer free consultations as a standard practice. Initial conversations are substantive engagements. Contact the firm directly to discuss your matter and understand their intake process.

Quick Facts

Founded1984
Firm SizeLarge · 120+ attorneys
Fee StructureHourly
Partner Rates$450–$800/hr
Free ConsultationNo
LanguagesEnglish, French
Virtual AvailableYes
Chambers USATop Ranked
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Office

Chicago (HQ): 200 West Madison Street, Suite 3900, Chicago, IL 60606
(312) 984-3100

Recognition

  • ✓ Chambers USA — Real Estate (Illinois)
  • ✓ U.S. News Best Law Firms — Tier 1
  • ✓ Best Lawyers — Real Estate & Finance
  • ✓ 40+ Super Lawyers honorees
  • ✓ Founded 1984 — 40+ years Chicago