PRACTICE AREAS

Real Estate Finance

Real Estate Transactions

Mr. Traverse is a shareholder in the Firm’s Phoenix office. He has been engaged in practice for more than 25 years with a primary emphasis on a broad spectrum of commercial real estate, financial and other business services, including sales and acquisitions, leases, sale and leasebacks, real property secured loan documentation, mezzanine loans, personal property secured transactions, contracts for the sale of goods and services, construction agreements, and entity formations.

He is admitted to practice in Arizona and California, and is board-certified by the State Bar of Arizona as a specialist in real estate law. Since moving from California to Arizona in 1999, Mr. Traverse has closed more than $1 billion in real property secured loans.

Mr. Traverse represents businesses (large and small, public and private), investors, developers and commercial borrowers, as well as banks and other institutional lenders, throughout the United States.

Mr. Traverse is co-author of the leading textbook on real estate financing published by the California Education of the Bar and has presented numerous real estate and real estate financing seminars for lawyers, institutional lenders and other professionals. He is routinely engaged by large institutional lenders to review commercial real property secured loan documentation for enforceability under Arizona law.

DISTINCTIONS

Co-author of the leading textbook on real estate financing published by the California Continuing Education of the Bar.

Presented numerous real estate and real estate financing seminars for lawyers, institutional lenders, and other professionals.

COMMUNITY AND BAR INVOLVEMENT

State Bar of Arizona (1999-present)

Corporate, Banking, and Business Law Section, Subcommittee on Rendering

Legal Opinions in Business Transactions (2002-present)

State Bar of California (1980-present)

Joint Advisory Committee on Continuing Education of the Bar (1990-1993)

State Bar Conference of Delegates (1985, 1987), Delegate

Judge pro tempore

Los Angeles Superior Court (1991-1998)

Los Angeles Municipal Court (1988-1991)

Los Angeles County Bar Association (1988-1998), Arbitrator

NOTABLE EXPERIENCE

Representation of businesses, developers, owners, buyers, sellers, lenders, landlords and tenants in negotiation and documentation of complex commercial real property transactions throughout the United States:

Representation of landlords and tenants in negotiation and documentation of numerous commercial (office and retail) and industrial leases in Arizona, California, Illinois, Texas, Oklahoma, Ohio, Florida, Massachusetts, North Carolina, and Pennsylvania.

Representation of landlords and tenants in negotiated resolutions of commercial and industrial lease disputes affecting properties throughout the United States.

Representation of institutional lenders throughout the United States in connection with loan workouts, foreclosures, and agreements for deeds in lieu of foreclosure affecting Arizona properties.

Representation of Arizona hard-money lenders and borrowers on real estate development projects throughout the state.

Representation of publicly-traded seller / lessee on $40 million industrial sale and leaseback in Sacramento, California.

Representation of publicly-traded seller / lessee on $33 million industrial sale and leaseback in Norwood, Massachusetts.

Representation of California-based REIT on numerous lot-splits, brokerage licensing and other issues affecting Arizona medical investment properties.

Negotiation and documentation of loans in connection with development and construction of numerous large shopping centers in Arizona and California.

Representation of developers and buyers on various commercial condominium projects in Arizona.

Representation of Arizona physicians, lawyers, accountants, and other professionals, in connection with partnership agreements, agreements for the purchase and sale of business assets, and stock purchase agreements.

Representation of Arizona-based manufacturer and seller of tile products to global markets, through negotiation and drafting of agreements for sale and resale, distributorship agreements, and manufacturer's representative agreements.

Representation of owners, contractors and subcontractors on on numerous multi-million-dollar commercial and industrial construction projects in California, Arizona and elsewhere throughout the country.

PUBLICATIONS AND PRESENTATIONS

2008

Real Estate Purchase and Sale Transactions

Sterling Education Services, Phoenix, AZ

1991

Sanctionable Violations of the One-Action Rule Under Security Pacific Nat'l Bank vs. Wozab

13 Civil Litigation Reporter 260 (CEB 1991)

2007 & 2008

Commercial Real Estate Finance

Lorman Education Services, Phoenix, AZ

1989

Workouts of Problem Loans

2 California Real Estate Finance (CEB)

1980

Equal Protection and the Disability Pension Recipient in California

7 Hastings Const. L.Q. 1061 (1980), cited in 11 Witkin, Summary of California Law (9th ed. 1990), **60, p. 449.

1980

The Legal Status of Trade Secrets in International Defense Licensing Agreements

Rand Corporation

EDUCATION

J.D., University of California, Hastings College of the Law, 1980

Articles Editor for Hastings Constitutional Law Quarterly

Ph.D., in Classics, University of Toronto, Canada, 1980

M.A., University of California-Los Angeles, 1971

B.A., magna cum laude, University of California-Los Angeles, 1970

Phi Beta Kappa

BAR ADMISSIONS

Arizona, 1999 (certified specialist in real estate law)

California, 1980