Partner
Real Estate
“My goal is to be viewed by clients not as their lawyer on any specific transaction, but as a trusted advisor to their overall businesses. Only by seeking to understand the client’s objectives on both a deal-by-deal basis and as part of a broader business strategy can I provide the level of legal services needed by our sophisticated clients on their most complex transactions.”
Russell Oshman is the Managing Partner of the Dallas office. Russell represents investors and developers in the acquisition, development, financing and disposition of commercial real estate assets. His practice is primarily focused on the representation of investment capital in forming joint ventures and obtaining construction financing in connection with the development and construction of commercial real estate projects, with a particular emphasis on industrial warehouse and logistics projects. Russell also has significant experience in the acquisition, disposition and permanent financing of commercial real estate assets.
Russell advises a wide array of real estate clients including public and private real estate investment trusts, private equity investors and real estate developers. While his focus lies in representing clients in commercial real estate transactions, Russell also has experience with the real estate aspects of master limited partnerships, mergers and acquisitions and syndicated financing transactions.
A fund managed by Clarion Partners, LLC in the formation of a joint venture with Crow Holdings Capital Partners for the acquisition, financing and development of Carter Park East, a multi-phase development containing approximately 7 million square feet of industrial warehouse space on approximately 556 acres of land in Fort Worth, Texas
Perot Development Company in the formation of multiple joint ventures with Invesco Real Estate for the ground leasing, financing, development and subleasing of DFW Park 161, a multi-phase development containing approximately 2.4 million square feet of industrial warehouse and distribution space on approximately 196 acres of land at Dallas/Fort Worth International Airport
A fund managed by Clarion Partners, LLC, in a joint venture with Trammell Crow Company, for the acquisition, financing and development of The Center at Needham Ranch, a multi-phase development containing approximately 1.9 million square feet of industrial and logistics space on approximately 250 acres of land in Santa Clarita, California
Woods Capital Management, LLC in the sale of partnership interests in a joint venture owning One AT&T Plaza, a landmark 37-story, Class A office building in Dallas, Texas that houses AT&T’s 965,800 square foot global headquarters
A fund managed by Clarion Partners, LLC in fund-related matters in connection with a $415 million mezzanine loan secured by interests in Blackstone’s Cubic/Colony industrial portfolio consisting of 110 industrial properties containing approximately 15.7 million square feet of space in 15 markets
A fund managed by Clarion Partners, LLC in its $335 million acquisition of Golden Triangle Industrial Park, an industrial warehouse park consisting of 11 buildings containing approximately 2.4 million square feet of space located on approximately 130 acres of land in Las Vegas, Nevada
A private REIT in the staged buyout of its partner in two multistate industrial portfolios having a total asset value of approximately $390 million
A publicly traded investment fund in the sale by a portfolio company of substantially all commercial real estate assets, including more than 1,900 acres of development land, a 440,000-square-foot industrial building, a 2,500-space parking garage, an office/retail building and office condominium, two 18-hole golf courses, and water rights
A developer in connection with the formation of a joint venture and the leveraged acquisition of an office building in Houston, Texas
A real estate investment firm in its $100 million office portfolio financing (District of Columbia, Florida, Tennessee, and Texas)
A joint venture as the buyer in a Section 363 asset sale of approximately 1,600 acres of development land in Collin County, Texas
A borrower of a $130 million CMBS loan secured by a wholesale trade facility in Dallas, Texas
HollyFrontier Corporation in “drop down” transactions for the sale of MLP “qualifying” logistics assets (including pipelines, tanks, terminals, and loading racks) to Holly Energy Partners, L.P.
Western Refining Logistics, LP in its $348 million initial public offering of common units
Valerus Compression Services in its $435 million sale of Valerus Field Solutions to Kentz Corporation
Clearlake Capital Group in its $244 million acquisition of Archer Limited’s North American Rental and Tubular division, provider of equipment and services to E&P operators in land and offshore markets in the United States and Mexico
A private equity investor in the acquisition of a controlling interest in an oilfield worker housing business owning nine “man camps” located in two states
Agent in connection with a $350 million syndicated credit facility to a midstream company, secured by 50 mortgages in five states
Agent in connection with a $200 million syndicated credit facility to a midstream company, secured by 40 mortgages in 11 states
A midstream MLP in connection with its $1.5 billion syndicated secured senior credit facility
Education
Admissions
Event Recaps
Navigating Workout Discussions with Lenders – Trends from 2023
Vinson & Elkins attorneys discussed commercial real estate loan workouts and amendments: the path most often taken by commercial real estate lenders in 2023 when a borrower is facing a default.
November 9, 2023
November 9, 2023 • 1-minute read
Awards & Rankings
Vinson & Elkins announced today that it achieved 20 Band 1 rankings in Chambers USA 2026: Nationwide: Energy Transition; Energy: …
June 4, 2026
June 4, 2026 • 3-minute read
Deals & Cases
Vinson & Elkins Advises Goldman Sachs Alternatives on Acquisition of QScale
Vinson & Elkins represented Goldman Sachs Alternatives in connection with its acquisition of QScale, a leading Canadian developer and operator …
May 14, 2026
May 14, 2026 • 1-minute read
Deals & Cases
Vinson & Elkins Represents Aligned Data Centers in Closing of $2.58 Billion Credit Facility
Vinson & Elkins represented Aligned Data Centers in the closing of a new $2.58 billion credit facility to support the …
March 26, 2026
March 26, 2026 • 1-minute read
Deals & Cases
Fermi America Announces Pricing of Initial Public Offering
Vinson & Elkins represented the underwriters, led by UBS Securities LLC, Evercore Group L.L.C., Cantor Fitzgerald & Co., and Mizuho Securities USA LLC, in connection with the initial public offering of 32,500,000 shares of common stock of Fermi Inc. at a price to the public of $21.00 per share.
October 2, 2025
October 2, 2025 • 1-minute read
Awards & Rankings
The Best Lawyers in America (BL Rankings, LLC) has named 125 Vinson & Elkins lawyers in its “Best Lawyers” category in the 2026 edition. Additionally, 76 Vinson & Elkins attorneys have been named in the “Ones to Watch” category, which recognizes lawyers with 5–10 years’ experience. Some individuals are listed in more than one practice area, giving the firm a total of 305 rankings.
August 21, 2025
August 21, 2025 • 3-minute read
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