Thirty-one years as a real estate practitioner in one of the region's strongest real estate practice groups, Senior management responsibility for representation of diverse real estate related interests, with practice emphasis on unique acquisition, financing, and development transactions. Significant representations have included:
Represented a religious Community in the redevelopment of its motherhouse and a portion of the 13 acres in Baltimore City, upon which it was situated. The transaction involved the creation of a land condominium (avoiding subdivision delays) and the creation of 3 bulk condominium units, the motherhouse was divided into two bulk units and an unattached building on the premises became the third bulk unit. The transaction had to be pursued in a manner consistent with the Community's mission and restrictions on certain financial sources. I prepared and negotiated all of the transactional documents (other than those associated with the tax credit investor on 30 low-income apartments to be constructed within one of the motherhouse's bulk condominium units). Among numerous undertakings, I advised the Community (and provided all necessary legal services) to transfer land from the Community into an affiliate, in order to protect all of the assets of the Community from liability associated with the various transaction components.
Represented a religious Community in the sale of an improved property in Baltimore City, known as the "Jenkins House". Because the Jenkins House, although operated as a separate facility, was, nevertheless, a portion of the adjacent community center improvements. Among other unique factors, the community center improvements and the Jenkins House, although parts of one improved tax parcel, had to be subdivided in order for a legal conveyance of the Jenkins House to occur, a declaration of easements, covenants and conditions had to be entered into between the owners of the community center improvements and the Jenkins House and encumber both properties (each facility requiring use of certain utilities located on the property of the other facility), a restriction on the name to be used in connection with the facility being sold, a refusal and first offer agreement in the event the purchaser wished in the future to re-sell the Jenkins House, etc.
Negotiation of lease and construction work letter for a build-to-suit world headquarters of a publicly-traded corporation engaged in medical research activities - initial project in bio-park.
Represented owner in the demolition of several high rise public housing facilities and redevelopment of sites into sustainable communities of mixed-income, mixed-finance and mixed-use.
Mixed use development in Baltimore's Inner Harbor comprised of a hotel, underground garage, retail mall and office tower, with emphasis on office tower; project involved complex subdivision and reciprocal easements/covenants issues.
Organized and supervised the due diligence on behalf of purchaser, and prepared, negotiated and finalized real estate provisions of the master acquisition agreement in connection with a $500 million multi-property, multi-state purchase of 90 operating properties, 500 acres of underdeveloped, commercially zoned land and 10 joint venture interests in commercial property ventures. Involved preparation of estimated itemized budget for all legal due diligence services and coordination and supervision of a 35 member team of real estate, corporate and litigation attorneys. Transaction from start to closing was 60 days.
Represented borrower, as local counsel, in the refinancing of 5 regional shopping centers.
Represented REIT, in its acquisition of local, operating warehouse facility from a foreign limited liability company.