Parker Poe

Acquisitions & Dispositions

• Represented buyer in the $2.3 billion acquisition of 72 medical office buildings and development parcels located in California, Colorado, Florida, Georgia, Illinois, Indiana, Mississippi, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Virginia, and Wisconsin.
• Represented developer in $240 million portfolio sale of 13 hotel properties located in Illinois, Texas, Maryland, Pennsylvania, New Jersey, and Ohio.
• Represented developer in $22 million joint venture hotel acquisition and related financing.
• Represented developer in $3 million disposition of retail shopping center and related commercial mortgage-backed security (CMBS) loan assumption and Internal Revenue Code Section 1031 like-kind exchange.
• Represented developer in $4.8 million acquisition of retail shopping center and related CMBS loan financing and Section 1031 like-kind exchange.
• Represented developer in $8.7 million land acquisition and related development issues.
• Represented developer in $98 million disposition of multi-tenant office and retail project.
• Represented community college in $10.6 million acquisition of 106 acres for development of new college campus.
• Represented franchisee in multiple sale-leaseback transactions in Arkansas, Illinois, Iowa, Massachusetts, and Vermont.

Leasing

• Represented tenant in negotiation of 36,000-square-foot retail lease.
• Represented tenant in negotiation of 23,000-square-foot retail lease.
• Represented tenant in negotiation of 27,000-square-foot retail lease.
• Represented tenant in negotiation of 30,000-square-foot office lease.
• Represented tenant in negotiation of 28,000-square-foot commercial lab lease, including related construction and financing contracts.
• Represented tenant in negotiation of 11,000-square-foot office lease.
• Represented tenant in negotiation of 8,600-square-foot office lease.
• Represented various tenants in negotiation of restaurant leases.
• Represented landlord in negotiation of retail ground lease.

Financing

• Represented developer in $19.8 million construction loan for hotel project.
• Represented developer in $15 million construction loan for hotel project.
• Represented developer in $9.8 million CMBS loan refinance for hotel project.
• Represented developer in $43 million joint venture hotel construction project and related financing.
• Represented developer in $11 million loan refinance for hotel project.
• Represented developer in $10 million loan refinance for hotel project.
• Represented developer in $5 million CMBS loan refinance for hotel project.
• Represented borrower in $65 million bond financing for commercial farming operations.
• Represented borrower in various Farmer Mac financings totaling more than $100 million.
• Represented borrower in $4 million permanent loan financing for 4 medical office buildings.
• Represented borrower in $4 million Fannie Mae loan financing for multifamily project.
• Represented borrower in $2.5 million Freddie Mac loan financing for multifamily project.
• Represented borrower as local counsel in $478 million credit facility secured in part by more than 50 properties in North Carolina.
• Represented borrower as local counsel in financing and acquisition of $48 million retail shopping center.
• Represented lender in $15.2 million permanent loan financing for single tenant office building.
• Represented lender in $20 million permanent loan financing for single tenant office building.
• Represented lender in $8.8 million permanent loan financing for 2 medical office buildings occupied by 18 tenants.
• Represented lender in $6.5 million permanent loan financing for GSA leased office building.
• Represented lender in $3.3 million permanent loan financing for multifamily project.
• Represented lender in $4 million permanent loan financing for retail shopping center.
• Represented lender in $2 million asset-based term loan and working capital credit facility.
• Represented lender as local counsel in $45.5 million permanent loan financing for single tenant office building.
• Represented lender in modification, consolidation, and extension of $17 million real estate term loan and working capital credit facilities.
• Represented lenders in various loan modifications, restructurings, workouts, foreclosures, title insurance claims, and other real estate needs.

Other Real Estate Counsel

• Represented owners and developers in the drafting and negotiating of property management agreements, homeowner association management agreements, and construction agreements.
• Represented owners and developers in the drafting of various protective covenants, declarations, and easement agreements.
• Represented real estate brokerage firm in drafting and negotiation of listing and property management agreements.
• Represented owner in public utility condemnation action.
• Represented owner in complex title litigation.
• Represented owner in successful tax valuation appeal for residential subdivision project.

• Chambers USA: America's Leading Lawyers in Real Estate, 2022-2023
• The Best Lawyers in America in Real Estate Law, 2020-2023
• Business North Carolina magazine's "Legal Elite" in Real Estate Law, 2021-2022
• Leadership Raleigh, Class of 2018
• North Carolina Super Lawyers Rising Star, 2011-2017