Tom’s primary practice areas involve commercial real estate development and project finance. He has experience with all real estate asset classes and has been involved with projects in over half of the states in the U.S. A significant portion of his practice involves representing developers and investors in the acquisition, development and disposition of commercial real estate projects and representing lenders on construction and permanent loans. His real estate development practice includes involvement in all aspects of ownership and capital structures, including joint ventures relationships, private placement equity raises, preferred equity and mezzanine financing structures , and conventional and program financing. His lending practice includes representing lenders with construction and permanent financings, including single bank deals, syndications and participations. He also has extensive experience representing both lenders and developers in connection with distressed loans, including forbearance arrangements, workouts and restructurings, and foreclosure actions.
What makes Tom’s practice unique among real estate lawyers is the level of experience he has representing both developers and lenders. Over his career, he has had extensive experience in both development work and lending work. His clients include regional and national developers and regional and national lenders. That balance has provided him with valuable insight into the needs and challenges of both developers and lenders. Today’s real estate developments often have components difficult to fit into the conventional loan framework. Developers must determine at the early stages of a transaction if a given deal structure is financeable. Tom’s practice includes helping developers identify project issues that might be problematic for a lender and proposing solutions that minimize financing risks. Likewise, traditional lending approaches don’t fit some of today’s project capital-stack structures. Tom’s practice includes advising lenders on the challenges developers face on projects that don’t fit the traditional lending framework and offering alternative solutions to fit both the developer’s and lender’s needs.
In a typical year, Tom will be involved in transactions with an aggregate monetary value of between $250,000,000 and $500,000,000.
Tom also has been involved in matters dealing with a wide range of other practice areas including general business transactions, litigation, bankruptcy, land use, creditor’s rights, and corporate and commercial law.