| Practice Description: |
Mr. Gray is a partner in the Real Estate and Land Use Practice Group and also focuses on commercial finance.
Mr. Gray's practice covers a broad range of real estate and financing transactions on a regional and national basis. He represents lenders, borrowers, developers, landlords, tenants, and managers. His clients include individuals, investment entities, retailers, real estate companies and corporate real estate users. A significant portion of Mr. Gray's practice involves:
Financing and Loan Workouts: The representation of lenders and borrowers in loan initiations, loan workouts and deed-in-lieu agreements. Loan workouts involve interdisciplinary contributions, not only real estate and finance but also understanding and coordination of analysis regarding tax and accounting, creditor's rights, real and potential litigation, and entity and ownership structure and planning.
Retail:The representation of entities acquiring and developing mid to large size retail properties. This work includes acquisition agreements; complex leasing; REA's; construction architectural and engineering agreements; and negotiation of financing.
Corporate Real Estate: The representation of corporations in respect of their real estate that is owned by or leased to them. Mr. Gray's services include representing companies with large real estate portfolios and counseling them on different ways to structure the manner in which the delivery of legal real estate services are met by in-house counsel and outside counsel, including coordination among in-house personnel and outside vendors, and the use of transaction tracking and data base systems.
Year of Birth: 1943
Law School: The University of Chicago Law School,J.D., 1968
Undergraduate School: Williams College, BA, 1965
Mr. Gray represents local and national owners, developers, landlords, tenants, lenders, borrowers, and managers. His clients include individuals, investment entities, retailers, real estate companies, and corporate real estate users.
Bar/Professional Association Involvement:
Founding member, past chairperson and member of the board of directors of The International Association of Attorneys and Executives in Corporate Real Estate
International Council of Shopping Centers
American Bar Association
Chicago Bar Association
Member of the board of directors of the Chicago and Midwest Region Chapter of the National Conference for Community and Justice (founded in 1927 as the National Conference of Christians and Jews)
Former member of the board of directors of Prairie State Legal Services
Former member of the board of directors of the Deerfield Area United Way
Mr. Gray has served as a speaker and panelist at many bar association and other professional programs and seminars.
Topics have included: "Leases and Purchase Agreements: Protecting the Corporation from Liability;" "National Real Estate Taxation;" "Government Finance;" "Structuring Leases;" "Upstream and Cross-stream Guarantees-The Issue of Corporate Authority;" "Unique Issues of Powers Centers, Factory Discount Outlet Centers and Entertainment Centers;" "Repositioning Retail Centers for the Millennium;" "Fundamental Lease Issues;" "Insurance and Risk Management;" "REA's;" "Construction Financing;" and "Corporate Outsourcing."
Freeborn & Peters LLP is a full-service law firm headquartered in Chicago, with international capabilities. Freeborn is always looking ahead and seeking to find better ways to serve its clients. It takes a proactive approach to ensure its clients are more informed, prepared and able to achieve greater success - not just now, but also in the future. While Freeborn serves clients across a broad range of sectors, it has also pioneered an interdisciplinary approach that serves the specific needs of targeted industries, including food, transportation, and insurance and reinsurance. Freeborn is a firm that genuinely lives up to its core values of integrity, caring, effectiveness, teamwork and commitment, and embodies them through high standards of client service and responsive action. Its lawyers build close and lasting relationships with clients and are driven to help them achieve their legal and business objectives.