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Stephen E. Traverse

 
traverse@buckleyking.com

Phoenix: 602.325.1969

 

“We insist on delivering ideas and results without frustration.”

Certified Specialist

Real Estate Law

-State Bar of Arizona

Arizona's Finest Lawyers

-AFL

Steve knows that getting from point A to point B may not always be a straight line.

Applying his vast knowledge in commercial real estate and financial services, Steve assists clients in:

  • acquisitions and dispositions
  • construction agreements
  • debtor-creditor relations
  • entity formations
  • leases, sales and leasebacks
  • real and personal property secured loans (including bond-financed transactions)

financing matters in development projects

On behalf of institutional lenders across the country, Steve handles loan workouts, foreclosures, and agreements for deeds in lieu of foreclosure. He represents borrowers and lenders on real estate development projects, including the negotiation and documentation of loans concerning the development of large shopping centers.

His experience includes representing owners, contractors, and subcontractors in complex commercial and industrial constructions projects and financing, drafting and negotiating AIA, construction, and design-build agreements, and representing publicly-traded sellers/lessees on multi-million dollar industrial sale and leasebacks.

when skill matters

  • $16 million construction and building improvements, assignment of ground lease, subleasing land, and leasing improvements for technical institute.
  • Represent physicians, lawyers, accountants and other professionals in partnership agreements, stock purchases, acquisitions and dispositions of assets.
  • Negotiated and drafted sale and resale agreements, distributorship agreements and manufacturer’s representative agreements on behalf of a global tile manufacturer and distributor.
  • Represent lenders in real estate development and construction loans, workouts, foreclosures, and agreements for deeds in lieu of foreclosure.
  • Represent lenders, owners, developers, contractors and subcontractors in multi-million dollar condominium, commercial and industrial construction projects.
  • Represent landlords and tenants in the negotiation and documentation of commercial (office and retail) and industrial leases.
  • Represented a California-based developer of medical office buildings in connection with lot-splits, brokerage licensing and various property issues.
  • Negotiated and documented loans concerning the development and construction of numerous large shopping centers in Arizona and California. 
  • $75 million industrial sale and leasebacks on behalf of publicly-traded seller/lessee.

noteworthy achievements

articles + presentations

  • Closing and Post-Closing Procedures (Presenter, Handling Real Estate Transactions with Confidence, National Business Institute, December 2011)
  • Understanding, Drafting, and Negotiating Commercial Leases (Presenter, Commercial Landlord-Tenant Law and Lease Negotiations, Sterling Education Services, November 2011)

civic involvement

  • Scottsdale Musical Arts - Board of Directors

professional associations

  • Arizona State Bar - Corporate, Banking + Business Law Section Subcommittee on Rendering Legal Opinions in Business Transactions

education

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

University of Toronto, Ph.D.

University of California, Los Angeles, M.A.

University of California, Los Angeles, B.A. magna cum laude Phi Beta Kappa

admissions

Arizona

California

U.S. District Court for the District of Arizona

U.S. District Court for the Central, Eastern, Northern + Southern Districts of California

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