Mike Manuel is a principal in the firm with many years' experience in all aspects of the firm's diverse real estate practice. Mr. Manuel regularly represents both institutional and entrepreneurial clients in the full range of commercial real estate transactions, including purchases and sales, leasing, mortgage and mezzanine finance, syndications, negotiating and closing transactions, restructuring, workouts, and bankruptcy and foreclosures. In addition, Mr. Manuel regularly works with clients and projects that have environmental concerns. Accordingly, he provided counseling with regard to remediation agreements, environmental due diligence, no further remediation determinations, and voluntary cleanups. Mr. Manuel also heads the Climate Change and Resource Conservation Group. Bringing together expertise in environmental and natural resources issues with nearly two decades of a commercial practice , Mr. Manuel has the knowledge and the experience to fully appreciate the various and rapidly changing legal and policy considerations in this area. Laws are being proposed and passed at all levels of government in an attempt to address climate change and to conserve natural resources. This represents both risk and opportunity to a wide range of the business community. The Climate Change and Resource Conservation Group is able to help existing businesses and entrepreneurs navigate this changing legal landscape. While receiving his law degree from Northwestern University, he was an associate editor for the Northwestern University Law Review. Mr. Manuel sits on the board of the Chicago Access Corporation which oversees the Chicago Access Network Television (CAN TV), a non-profit, quasi-governmental corporation organized to provide cable television access to Chicago residents and Chicago's not-for-profit, arts, social, political and other community organizations.
Representative Matters
Financing of mixed use retail and condominium project that involved several loan facilities each of which was syndicated. Acquisition and financing of premier office tower in Des Moines, Iowa.
Restructuring of limited partnership in connection with the sale of its sole asset, a multi-family residential project, to permit some but not all limited partners to participate in tax-deferred exchange. Structuring, organization and syndication of hotel and waterpark development.Representation of Illinois not-for-profit charter school in the acquisition of land and construction financing in connection with expansion of school facilities. Representation of mortgagee holding mortgage on distressed property also burdened by difficult environmental issues. The property was successfully sold at the sheriff's foreclosure sale. Numerous acquisitions, sales and financing of apartment projects in various parts of the country.
Representation of lenders, mortgage and mezzanine, in connection with broad range of property types and financing terms, including mixed use, condominium conversion, re-positioning, bridge financing, permanent loans, construction and mini-perm.
Professional Activities
Board Member, Chicago Access Corporation
Board Member, American Liver Foundation Illinois Chapter
Member, Real Estate Investment Association
Member, Chicago Mortgage Attorneys Association
Member, American Bar Association
Education
Northwestern University, J.D., 1988
University of Michigan, B.S. in Natural Resources, 1983
Bar Admissions
Illinois
Articles
Business and Legal Ramifications of Regulating Carbon Emissions
Climate Change and the Law - What Will the American Response Look Like
New USEPA Standard on "All Appropriate Inquiry" Will Change Environmental Due Diligence Practices
IRS Issues Guidance for Co-Tenancies Used in Like-Kind Exchange
New High Rise Evacuation Ordinance Impacts Chicago High Rise Owners and Occupants.
|