Faegre Drinker Biddle & Reath LLP, a Delaware limited liability partnership | This website contains attorney advertising.

Reuben H. Asia

Partner

This attorney has been selected for the recognitions mentioned herein, which have been conferred by the corresponding publications and/or organizations noted. An overview of the award selection methodologies for these recognitions can be found here. Links to certain specific methodologies are embedded in individual entries. Results may vary depending on your particular facts and legal circumstances. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

Overview

Reuben Asia has extensive experience handling a wide range of real estate–related matters, including acquisitions, dispositions, financings and leasing transactions in a variety of asset classes.

Reuben has guided numerous clients through the property acquisition and disposition processes, providing constructive legal advice to help businesses achieve their objectives. Whether it be the sale of a shopping center or industrial facility, or the purchase of a retail center, Reuben counsels clients from letter of intent through post-closing.

He routinely represents lenders and borrowers with all aspects of their construction and permanent financing needs. Reuben is well versed in negotiating loan documents, spearheading the relevant due diligence, and guiding the parties to a smooth and successful loan closing. Moreover, he understands that the lending relationship continues long after the loan closes, and clients appreciate his negotiation skills and sensible demeanor.

Reuben has significant experience in representing landlords and tenants in leasing matters, particularly in the office and retail space. He understands the issues, provides practical guidance, and expeditiously brings the negotiations to closure.

He also advises clients on a range of zoning-related matters in the City of Philadelphia, helping them through the permitting, approvals, appeals and violation resolution processes.

Representative Experience

Results may vary depending on your particular facts and legal circumstances.

  • Represented a national multifamily developer in the $25 million acquisition of real estate located in the downtown of a major East Coast city
  • Represented a national industrial developer in the $40 million sale of a 400,000 square foot industrial facility
  • Represented a national retailer in the acquisition of a 90-acre parcel adjacent to a well-known entertainment venue
  • Represented a publicly traded REIT in connection with the sales of numerous shopping malls and outparcels
  • Represented an insurance company with the sale of its hotel/conference center and associated golf course and clubhouse
  • Represented a prestigious university in connection with the acquisition of real estate directly adjacent to campus and the construction of a mixed-use building
  • Represented a REIT borrower in connection with its $200 million refinancing of a 50-story skyscraper in the heart of a major Midwest city
  • Represented a life insurance company in connection with its $255 million loan to the owner of a large multifamily/office/retail development anchored by prominent retail and office users
  • Represented a life insurance company in connection with its $115 million loan to the owner of a premier, upscale outlet mall
  • Represented an international bank in connection with its $65 million construction loan for a 301-unit multifamily property
  • Represented a major communications company in connection with its leases for the nationwide expansion of its retail store concept
  • Represented a regional health system with the leasing of critical office space
  • Represented a national developer in connection with obtaining the requisite permits and approvals for the development of an industrial facility in Philadelphia, Pennsylvania

Prior Experience

Reuben grew up in Tucson, Arizona, and attended The Gregory School (previously known as St. Gregory College Preparatory School). Before law school, he was an analyst in the Counter Narcotics Division at the Office of Naval Intelligence in Washington, D.C. He currently lives in Center City Philadelphia, with his wife and three children.

Credentials

Bar Admissions

New Jersey
Pennsylvania

Education

Temple University Beasley School of Law
J.D. magna cum laude, Order of the Coif (2013)

University of Pennsylvania
B.A. cum laude (2008)

Insights & Events

Leadership & Community

Pro Bono

  • Philadelphia VIP
  • Boys and Girls Club of Philadelphia

Professional Associations

  • Philadelphia Bar Association, Real Property Section – Executive Committee Officer; Chair, 2020

Civic Activities

  • Anti-Defamation League, Philadelphia Chapter – Board Member, 2018-present

Honors

  • Best Lawyers®— “Ones to Watch,” Real Estate Law, 2023-25
    This award is conferred by Best Lawyers. A description of the methodology is available here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.
  • Chambers USA — Pennsylvania: Philadelphia & Surrounds: Real Estate – 2021-24
    This award is conferred by Chambers & Partners. A description of the methodology is available here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.
  • Faegre Drinker — Pro Bono Honor Roll, 2023
    This award is conferred by Faegre Drinker. A description of the selection methodology is available here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.
  • Temple University Beasley School of Law – Jerry Zaslow Memorial Graduation Award
  • Temple University Beasley School of Law – Richard J. Noonan Scholarship
  • Temple University Beasley School of Law – Joseph W. Marshall Scholarship
  • Temple University Beasley School of Law – Law Faculty Scholarship
Awards Methodology
No aspect of these recognitions has been approved by the highest court of any state.