FacultyFaculty/Author Profile

Larry N. Woodard

Miller Canfield P.L.C.

Chicago, IL, USA


Larry Woodard is a rarity for commercial real estate attorneys, as he is experienced and proficient in the courtroom as well as at the closing table. He provides his clients seamless counsel in a wide array of transactional and business settings, as well as tactical oversight of litigation strategy.

Larry has represented Fortune 500 companies, developers, regional and national banks, institutional investors, special servicers, units of local government, REITs, contractors, landlords, tenants, condominium associations, receivers and real estate brokers in the development, management, financing, leasing, zoning, acquisition and disposal of their real estate interests. He has handled many complex transactions involving multiple parties, properties and lenders, while encompassing many states—and has negotiated deals of all sizes and structures. His practice also extends into corporate transactions and asset protection, as well as loan workouts and mortgage foreclosure, construction and mechanics lien litigation.

Larry brings unique practical insight and perspective to his law practice as he has engaged in some of the same businesses in which he counsels his clients. Larry was previously a real estate developer and investor, a contractor and a real estate broker. Through Larry’s unique empathy for and enhanced understanding of his clients’ business interests, he can better counsel their legal interests.

Representative  Matters

Auto Parts Manufacturer Plant Real Estate Purchase

Assisted a foreign auto parts manufacturer in the purchase of a former General Motors light duty truck plant in Moraine City, Ohio, a $200 million project that brought more than 800 jobs to the area.

Mixed Use Redevelopment
Negotiated, supervised and executed re-subdivision of complex in Chicago suburb involving rezoning, re-subdivision, establishment of five special service taxing areas, establishment of four condominium associations and a common interest community association, development agreements with governmental entities, municipal general obligation bonds, and dissolution and sale of a hotel on property.

Fortune 50 Corporation Restructure of Midwest Real Estate Portfolio
Represented Fortune 500 top 50 corporation in restructuring of its entire Midwest real estate portfolio, including preparing vertical subdivisions, reciprocal easement agreements, joint venture agreements and sales of interests in the portfolio.

Corporate Campus Construction Project
Represented owner in negotiation of all construction contracts in its construction of a multi-phased 1,300,000 square foot corporate campus.

National Bank Leasing Counsel
Represented national bank in connection with the leasing of its Midwest retail locations.

Purchaser Acquisition of Distressed Condominium Project
Represented buyer of a partially built 80 unit building in Chicago’s west side in resolution of title issues, including mechanics liens, recorded purchase contracts and failed agreements for deed. Structured the sale jointly through a sale by receiver and through a consent foreclosure to obtain clear title to the project.

Lender Refinance of Purchased Loan Portfolio
Represented lender in resolution of multiple title and legal issues involving nineteen separate parcels located throughout Chicago so that client could be refinanced.

Real Estate Seller Condominium Conversion and Sale
Lead counsel in staggered condominium conversion and sale of 340 unit high-rise building in Chicago’s South Shore neighborhood in representing one of Chicago’s largest condominium converters.

Urban Infill Developer’s Corporate and Real Estate Counsel
Prepared all offering, organizational, contract, condominium and conveyance documents for developer of over fifty mixed-use projects with over fifty separate groups of investors. Addressed leasing, financing and management issues of grocery-anchored shopping centers and industrial portfolio; and, assisted in loan workout and asset sale for distressed developments.

Real Estate Developer Litigation
Obtained dismissal of lawsuit with prejudice against real estate developer and its principals.

Contractor Mechanic's Lien Litigation
Obtained multi-million dollar judgment on behalf of contractor in its enforcement and foreclosure of its construction contact and mechanics lien.

Real Estate Purchase Retail Sale-Leaseback
Represented purchaser of sale-leaseback transactions for multiple big box retail tenants.

Mixed Use Vertical Subdivision
Prepared declaration, operating easement agreement and reciprocal easement agreements in five-use mixed use vertical subdivision.

Resort Development
Prepared property reports, form contracts and offering documents for resort development in Dominican Republic.

Municipal Client Representation
Represented units of local government in the regulation and disposition of village-owned multi-use planned unit development. Lead counsel in negotiation of all construction contract on behalf of villages in Chicago’s northern suburbs.

National Equity Based Lending Program
Counseled client in compliance matters and prepared form documents for use in national campaign of equity-based real estate lending program.

Condominium Developer Litigation
Successfully defended developer of distressed condominium development against its lenders, contractors and unit owners.

National Bank Real Estate Foreclosures
Represented national bank in successful and prompt foreclosure or loan restructuring of distressed real estate portfolio.

Unique Real Estate Conveyances
Represented buyers and sellers of real estate conveying through beneficial interests in land trusts, ground leasehold interests, membership interests in limited liability companies, partnership interests in limited partnerships, note purchases, sale-leasebacks, tenancy in common interests, assumption of debt, staggered sales of portfolio through master agreement, articles of agreement for deed, air rights purchases and sales, light and sight line easements, riparian water rights, adverse possession, exterior signage and billboard parcels, cell towers, etc.

Teaching

Adjunct Professor of Law, The John Marshall Law School
Clinical Professor of Law, The John Marshall Law School Business Transactions Externship Program

Professional Activities

American Bar Association, Real Property and Construction Law Sections
Illinois State Bar Association, Real Property Section
Chicago Bar Association, Condominium Law and Mechanics Lien Subcommittees
International Council of Shopping Centers, Next Generation Committee National Association of Realtors
Northern Illinois Commercial Association of Realtors

Civic, Cultural & Social Activities

Circuit Court of Cook County, Fifth District Pro Bono Legal Clinic, former Director

Speeches

"REAL Dealings with REAs," Continuing Legal Education Seminar, April 17, 2013

"ALTA/ACSM Land Title Surveys," Strafford Publications National Webinar, March 21, 2012

"Representations and Warranties in Commercial Real Estate Contracts," Strafford Publications National Webinar, February 12, 2012

"Negotiating Representations and Warranties in Commercial Real Estate Contracts," Institute for Strategic Negotiations National Presentation, December 19, 2011

"Due Diligence in Commercial Real Estate Purchases," Strafford Publications National Webinar, December 13, 2011

"REO: Residential & Commercial Perspectives," Illinois Institute for Continuing Legal Education Real Estate Mid-Year Update, August 25, 2011

"Negotiating Remedies in Commercial Real Estate Agreements," Strafford Publications National Webinar, May 31, 2011

"Representations and Warranties in Commercial Real Estate Contracts," Strafford Publications National Webinar, March 17, 2011

"Construction Contracts and Construction Escrows," Illinois Institute for Continuing Legal Education 7th Annual Real Estate Short Course, March 15-16, 2011

"Conveyance through Assigning Beneficial Interests in Land Trusts: A Primer," Presentation to the Chicago Bar Association Subcommittee on Title Insurance and Land Trusts, February 20, 2008

"Tips and Traps of Negotiating an Office Lease," Presentation to the Chicago Bar Association Law Practice Management and Technology Committee, November 16, 2007

"Asset Protection for Contractors," Presentation to Southwest Homebuilders Association, October 10, 2003 Real Estate Broker Certification Class, Chicago Association of Realtors, multiple appearances and presentations

Publications

"Illinois Condominium Law," (General Editor), Illinois Institute for Continuing Legal Education, 2010 edition and 2013 update

"Contractor's Enhancement Claims in Mechanics Lien Cases: A Smaller Sliver of Pie," Illinois Bar Journal, 100 Ill. B.J. 46, January 2012

"Flashpoints Real Estate Law Update," (Monthly Co-author), Illinois Institute for Continuing Legal Education, September 2011 to present

"Selling Commercial REO: A Practical Guide," Journal of Taxation and Regulation of Financial Institutions, July/August 2011

"Brownfield Development: Government Money for Private Development (Chapter 8)," (Co-author), Illinois Institute for Continuing Legal Education Environmental Law in Corporate and Real Estate Transactions, 2011-2012 update

"Representing a Homeowners' Association Facing the Developer's Bankruptcy," ABA Probate & Property Magazine, July/August 2010

"Evaluating Bulk Sales Liability in Real Estate Transactions," Illinois State Bar Association Real Property Law Newsletter, January 2009

"Condominium Law Chapter," A Young Lawyer's Guide to Real Estate Practice (4th Ed.), Chicago Bar Association Young Lawyer's Section, 2008

"Hiding the Land Trust: Should the Beneficiary Benefit?" Chicago Bar Record, March 1999

Services

Real Estate
Commercial Real Estate Finance
Commercial Real Estate Workouts and Foreclosures
Construction  Corporate Real Estate
Economic  Development Incentives
Governmental Entities Leasing
Real Estate Acquisition and Disposition
Real Estate Development

Education

The John Marshall Law School, J.D., LL.M (Real Estate) 1999
University of Illinois at Urbana- Champaign, B.S. 1995

Bar Admissions

Illinois

Court Admissions

U.S. District Court
Northern District of Illinois

Languages

English

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