Jason Nagi

Principal, Practice Group Leader - Distressed Real Estate and FinTech

Featured Works

Publications

  •  Jason Nagi was quoted in The Real Deal on behalf of his lender client ARCPE, in its takeover of the luxury, Madison Avenue, condominium development at 172 Madison Avenue, New York, NY. Mr. Nagi, along with fellow Offit Kurman attorneys Joyce Kuhns and Kenneth Flickinger represented ARCPE, both in its bid to auction membership interests pursuant to the uniform commercial code (the “UCC”) and in the contested bankruptcy case filed to prevent the UCC auction. After a year-long battle and a months-long negotiation of a consensual plan of reorganization, the bankruptcy court confirmed an exit requiring the developer to turn over the 10 remaining residential units, and two commercial units at the 72-unit building.

  • Jason Nagi was quoted in The Real Deal in connection with Offit Kurman’s representation of the largest secured creditor, in the bankruptcy case captioned in re Madison 33 Owner, LLC, venued in the United States Bankruptcy Court for Southern District of New York. The secured creditor holds approximately $70 million of indebtedness, which was loaned to the debtor, and is secured by a partially complete luxury condominium project on Madison Avenue in Manhattan. After a year-long battle with the debtor, a consensual confirmation hearing is scheduled for the end of June 2025. Joyce Kuhns and Kenneth J. Flickinger have been key members of the Offit Team in bringing the bankruptcy case to a conclusion.

  • Jason Nagi was quoted in the Commercial Observer regarding the UCC surge in foreclosures and defaults mounting across the commercial real estate sector. Nagi believes the marked increase in foreclosures is a sign of commercial real estate trying to get back to normal after the world-changing COVID years. “People have started to move forward,” Nagi said, explaining that pandemic-related issues have largely either been resolved or proven unworkable leaving foreclosure as the logical next step for unresolved loans. He notes that lenders, especially in the multifamily space, are becoming more aggressive, as valuations in that sector remain relatively predictable compared to the uncertainty in office real estate. 

  • Author, “The Fab Five’s $2 Billion Crypto-Fraud Flop,” Offit Kurman, Jun. 16, 2021
  • Author, “Will FinCEN’s Crypto Conundrum Hurt Ransomware Victims?” Forbes, Apr. 12, 2021

Additional Publications

  • Co-Author, “John McAfee Meet Agent Smith,” JD Supra, Nov. 6, 2020
  • Co-Author, “Wolf in Sheep’s Clothing: Bitclub Network Promoter Admits to Securities Fraud and Tax Offenses,” JD Supra, Sept. 15, 2020
  • Co-Author, “Automata – SEC Files Suit Against ‘Robotic’ Cryptocurrency Multi-Level Marketing Scheme,” JD Supra, Sept. 3, 2020
  • Co-Author, “Money for Nothing: Age-Old Investment Scam Returns in Cryptocurrency Ponzi Scheme,” JD Supra, Sept. 3, 2020
  • Co-Author, “Charles Ponzi Fans Abound – SEC Charges Maryland Cryptocurrency Ponzi Scheme,” JD Supra, Sept. 1, 2020
  • Co-Author, “Another One Bites the Dust – SEC Charges Issuer and CEO in Fraudulent ICO,” JD Supra, Aug. 31, 2020
  • Superman29 – Welcome to the Phantom Zone, JD Supra, Aug. 10, 2020 (Co-Author)
  • Co-Author, “The Accountant II – OCAOB Shoots Straight on Crypto Audits,” JD Supra, Jun. 17, 2020
  • Co-Author, “Show Me the Money… All the Money – ICO Issuer Required to Return $25 Million to Investors,” JD Supra, Jun. 8, 2020
  • Co-Author, “BitBlog Bi-Weekly Update – May 2020,” JD Supra, May 19, 2020
  • Co-Author, “An Ode to Joy – Congressional Research Service’s Report on FinTech Innovation and Policy,” JD Supra, May 13, 2020
  • Co-Author, “BitBlog Bi-Weekly Update – April 2020,” JD Supra, Apr. 23, 2020
  • Co-Author, “New Crypto Lawsuits... Just Desserts for ICOs or Legal Obstacles to Claims?” JDSupra, Apr. 15, 2020
  • Co-Author, “Il Grande Vecchio Would be Mortified – Fraudsters Use Digital Asset Scam to Buy a Ferrari,” JD Supra, Apr. 11, 2020
  • Co-Author, “BitBlog Bi-Weekly Update – March 2020,” JD Supra, Mar. 4, 2020
  • Co-Author, “Under Siege – Zen Master Steen Seagal Loses to the SEC,” JD Supra, Feb. 28, 2020
  • Co-Author, “Wind of Change – The Year FinTech Came in from the Cold – Polsinelli BitBlog: Year-End Edition,” JD Supra, Jan. 3, 2020
  • Co-Author, “BitBlog Weekly Update,” JD Supra, Sept. 11, 2019
  • Co-Author, “BitBlog Weekly Summary: Kik Kicks Backs and the SEC Continues its Enforcement Campaign Against ICOs,” JD Supra, Aug. 20, 2019
  • Author “On Being Open and Honest with Regulators: The Gladius Network Cease & Desist Order and the SEC’s Map for ICO Remediation,” Crowdfund Insider, Mar. 24, 2019
  • Contributor, “Will Crypto ICO Creators Get Any Do-Over Second Chance Mulligan with the SEC for Compliance?” Bitcoin Exchange Guide, Feb. 21, 2019
  • Author, “Digital Assets and the Long-Arm of the Law,” JD Supra, Nov. 9, 2018
  • Author, “The First Federal Court Hearing on SEC Jurisdiction over ICOs,” The D&O Diary, May 10, 2018
  • Author, “Ruling on What Isn't a Security Needed for ICO Clarity,” Law360, May 9, 2018
  • Author, “Blockchain: Coming to a CMBS Near You,” JD Supra, Mar. 13, 2018
  • Author, “Outcomes in Single Asset Real Estate Chapter 11 Cases,” Journal of Bankruptcy Law, Feb./Mar. 2018
  • Co-Author, Loan Enforcement and Creditors’ Rights, JD Supra, Jun. 28, 2016
  • Co-Author, “Supreme Court Decision Fails to Provide Clarify on ECOA Claims,” JD Supra, Jun. 24, 2016
  • Contributor, “Make-Whole and No-Call Provisions,” Caveat Lender, Business Workouts Manual Edition, 2015 – 2016

Jason has also been quoted or featured in the following publications:

  • “Digital Assets: What to Do When the SEC Comes Calling, Crowdfund Insider,” Jan. 26, 2020
  • “Heard at Tel Aviv FinTech Week, Crowdfund Insider,” March 10, 2019
  • “The SEC's ‘Get Out of Jail Free Card (Kind Of),’” Forbes, Feb. 20, 2019
  • “The Future of Blockchain Adoption and Digital Asset Regulation at Blockchain for Wall Street,” investFeed Edge, Nov. 20, 2017
  • “Feds start to crack down on fraud as Bitcoin soars,” CNN Tech, Dec. 9, 2017

Speaking Engagements

Additional Speaking Engagements

  • Moderator, “Uniform Commercial Code Auctions, Article 9 Enforcement of Lender’ Rights,” Practicing Law Institute, New York City, March 25, 2025
  • Panelist, “How the COVID-19 Pandemic is Bringing Chapter 11 into Focus,” Bankruptcy is Back, Aug. 13, 2020
  • Host & Creator, CryptoCharacters Podcast
  • Speaker, “Understanding Smart Contracts in 2020,” West Legal Ed Center, Nov. 23, 2020
  • Speaker, “The Unknown? U.S. Market Real Estate - SEC Laws Rules Regulations Digital Asset Investing Compliance,” FinTech TV, Apr. 17, 2020
  • Speaker, “Blockchain in 2019: Bankruptcy and Beyond,” American Bankruptcy Institute – 13th Annual Credit & Bankruptcy Symposium, Uncasville, CT, May 3, 2019
  • Speaker, “Future NOW,” Trigild Spring Conference 2019, Dallas, TX, Apr. 18, 2019
  • Panelist “Are STOs (Security Token Offering) the new ICOs (Initial Coin Offerings) ... and all the Hype!” FinTech Week Tel Aviv, Mar. 4, 2019
  • Panelist, “Blockchain, Bitcoin & Cryptocurrency: Regulation, Enforcement & Litigation,” New York City Bar 6th Annual Securities Litigation & Enforcement Institute, New York, NY, Mar.14, 2018
  • Co-Presenter, FinTech Week Tel Aviv, Tel Aviv, Israel, Mar. 5, 2018
  • Speaker, “The Dark Side of Crypto - Fraud in Blockchain Crowd Sales and Beyond New York White Collar Crime Tech,” New York, NY, Mar. 1, 2018
  • Presenter, “FinTech World Workshop Series,” Feb. 7, 2018
  • Speaker, “Legal and Regulatory Considerations for Blockchain Apps, Cryptoassets and ICOs,” Blockchain for Wall Street Conference, New York, NY, Nov. 14, 2017
  • Moderator, “Are ICOs risky business? Wild West of Finance; Wall Street Blockchain; Functionality; Integration and Security, The Rise of Blockchain Digital Money,” 2017 FinTech World Workshop Series, Washington, D.C., Nov. 6, 2017
  • Moderator, “Regulatory Landscape of Digital Money,” The State of Digital Money, Los Angeles, CA, Jul. 22, 2017
  • Biography
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Firm Highlights

  • Publications & News
    Offit Kurman Attorneys Named to Bethesda Magazine’s 2026 Top Attorneys List
    Offit Kurman Attorneys Named to Bethesda Magazine’s 2026 Top Attorneys List
  • Events
    AIA Tri-State Conference
    Princeton will serve as the backdrop for three days of connection, learning, and design leadership. From keynotes to tours to the Tri-State Design Awards, this year’s conference is designed to go far beyond education sessions. Kick off the week with pre-conference intensives and individual state component Design Award celebrations, followed by three days of education, inspiration, networking, and design excellence at the 2026 AIA Tri-State Conference—featuring pre-conference intensives, three keynote speakers, 25 education sessions, curated tours, an expo, spec academies, and the AIA Tri-State Design Awards—bringing together architects and design professionals from New Jersey, New York, and Pennsylvania to connect, learn, and celebrate the best of the profession. G2. Designing Secure Practices: Cybersecurity, Data Privacy, Contractual Provisions, and Insurance Risks for Architects (4:00 PM - 5:30 PM) Architects and design professionals increasingly rely on cloud platforms, BIM software, and digital tools to manage sensitive data, creating cybersecurity and privacy risks. A single incident can trigger liability claims, regulatory obligations, reputational harm, and insurance challenges. Yet many firms underestimate how contracts, insurance, and internal practices intersect during a breach. This program offers legal and insurance perspectives on cyber risk in architecture, examining liability exposure, risky contract provisions, and mitigation strategies. A cyber insurance expert will explain policy responses, coverage gaps, coordination with professional liability, and best practices for aligning insurance with contractual risk and protecting firms from evolving cyber threats. Learning Objectives: Identify key cybersecurity and data privacy risks faced by architecture firms and explain how these risks can impact professional liability and project outcomes. Analyze common contractual provisions to determine which clauses may increase exposure to cyber incidents and propose strategies to mitigate these risks. Evaluate the scope and limitations of cyber insurance policies, including coordination with professional liability coverage, to determine how a policy would respond in a breach scenario. Develop actionable risk management strategies by integrating legal, contractual, and insurance considerations to protect sensitive client and project data.
  • Blog Posts
    Fair Housing Enforcement Trends: Lessons from Merryman and Other Recent Cases
    Fair Housing Enforcement Trends: Lessons from Merryman and Other Recent Cases
  • Podcasts
    Art Appraisal and Market Value with David Shapiro
    How do you determine the value of a work of art—and what happens when that valuation impacts taxes, insurance, estate planning, or an artist’s legacy? On this episode of The Legal Canvas, host Caryn Keppler, trust and estates attorney at Offit Kurman, welcomes David Shapiro of David Shapiro Fine Art, a certified member of the Appraisers Association of America specializing in post-war and contemporary art, with accreditation in impressionist and modern art. David shares insights into the art appraisal process, explaining the differences between fair market value, retail replacement value, and marketable cash value. He discusses how appraisers evaluate unique works using comparable sales, provenance, condition, exhibition history, and other factors that influence value. The conversation also explores the role of art advisors in buying and selling artwork, strategies for expanding an artist’s presence in a global market, and the complexities of valuing large collections for estate and tax purposes. David explains how a work’s history and the story behind it can influence its market performance—and why thoughtful planning and organization are essential to preserving an artist’s legacy. In this episode, you’ll learn about: The differences between art appraisal methods and why the type of valuation matters. What collectors need to know about appraisals for insurance, charitable donations, and tax purposes. How provenance, condition, and comparable sales influence an artwork’s value. How art advisors help collectors navigate auctions, negotiate terms, and maximize sale opportunities. Why artists should cultivate relationships and exhibition opportunities across multiple markets. How blockage discounts can affect the valuation of large artist estates. Why documenting an artwork’s history can make a meaningful difference in its market performance. Whether you’re an artist, collector, estate planning professional, or art enthusiast, this episode offers valuable insight into the intersection of art, valuation, and legacy planning.  Listen to The Legal Canvas for more conversations exploring the intersection of estate planning, taxes, and the creative arts.
  • Blog Posts
    Ahead of the curve. Ahead of the consequences.
    What if the biggest threat to your business isn't your competition, but the decisions you don't know you need to make? On Ahead of the Curve, Ahead of the Consequences, business valuation expert and exit strategist Liza Bowersox joins litigator and advisor Tom Repczynski for candid conversations about the decisions that shape the future of privately held companies. From business growth and tax planning to valuation, corporate governance, succession planning, and preserving your legacy, Liza and Tom explore the overlooked issues and missed opportunities that can have significant consequences for business owners. Through real stories, practical insights, and the questions every entrepreneur should be asking, this podcast helps business owners make informed decisions, protect what they've built, and prepare for what's next. No jargon. No scare tactics. Just practical guidance to help you stay ahead of the curve—and ahead of the consequences.
  • Publications & News
    Thomas Powell Named to Arlington Magazine’s 2026 Top Lawyers List
    Thomas Powell Named to Arlington Magazine’s 2026 Top Lawyers List
  • Blog Posts
    Corporate AI Governance & Privilege: Protecting Confidentiality in the Age of Generative AI
    Corporate AI Governance & Privilege: Protecting Confidentiality in the Age of Generative AI
  • Publications & News
    Offit Kurman Attorneys Named to Bergen Magazine’s 2026 Top Lawyers List
    Offit Kurman Attorneys Named to Bergen Magazine’s 2026 Top Lawyers List
  • Events
    Navigating D.C.'s Changing Housing Landscape - Utility Billing, Pets in Housing and Year-End Legislative Updates
    Navigating D.C.'s Changing Housing Landscape - Utility Billing, Pets in Housing and Year-End Legislative Updates
  • Events
    The 2026 Economic, Tax, and Accounting Updates
    We are looking forward to the Mid-Atlantic CFO Roundtable's next event on November 13, 2026. This is a program with topics built for Finance Executives. We are extremely fortunate to have three excellent speakers: Dr. Daraius Irani, Vice President of Business and Public Engagement at Towson University; Mike Stankus, Tax Office Managing Principal at BDO; and Daniel Wahlberg, Managing Partner of Acclare Solutions. The economy is rapidly changing with various factors driving it. The November 3rd midterm elections may also have an impact. Our three expert presenters will discuss the ramifications of the election, and the current year updates to GAAP financial reporting and Federal and State income taxes. Please join us for what will surely be an informative and timely discussion. Meet Our Speakers: Daraius Irani, Ph.D. • Towson University Vice President, Business & Public Engagement Dr. Daraius Irani serves as Vice President of Business and Public Engagement at Towson University as well as the chief economist for the Regional Economic Studies Institute (RESI) at Towson University, a policy group providing economic, fiscal impact, and policy analysis to public and private entities.  Dr. Irani is often called upon to provide economic presentations to organizations across Maryland. He has appeared on numerous television programs and in local and regional print media. Dr. Irani holds a Ph.D. in economics from University of California, Santa Barbara. Dan Wahlberg • Acclare Solutions Managing Partner With over 28 years of experience, Dan Wahlberg is a recognized leader in audit and assurance for the Mid-Atlantic’s middle market business community. As a licensed CPA in Maryland and Virginia, Dan has led assurance practices at top regional firms, including serving as Baltimore Audit Managing Partner and Assurance Practice Leader at BDO USA in Baltimore and as Partner and member of the Management Committee at Hertzbach & Company P.A which merged into BDO in 2020. His expertise centers on delivering clarity, strategic guidance, and proactive solutions to middle-market businesses across Baltimore and beyond. His entrepreneurial spirit has led him to begin a new CPA firm this year with four other CPAs serving the business community. Dan holds a Bachelor of Science in Accounting from Rutgers University and began his career at PWC in New York. He is also deeply engaged in the community, previously serving as President of ACG Maryland and current Board member and as Audit Committee Member for The Associated: Jewish Federation of Baltimore.  Mike Stankus • BDO USA LLP Tax Office Managing Principal Mike Stankus is the Tax Office Managing Principal for the firm’s Baltimore office. He has more than 16 years of experience providing tax planning and preparation and management advisory services for his clients. Mike focuses on advising privately held businesses and their owners on effective growth and tax strategies. He also performs various engagements for mergers and acquisitions and complex cost accounting projects and projections. In addition, he represents various government contracting clients before the DCAA and assists with FAR compliance. Mike’s areas of concentration include working with government contractors, professional service firms, construction companies, and homebuilders.