Marjie C. Nealon

Partner
305-350-2391
Area of Focus: Real Estate, CMBS
Marjie C. Nealon
Partner
305-350-2391
  • OVERVIEW
  • EXPERIENCE
  • INSIGHTS
  • CREDENTIALS
  • PRACTICES
GET TO KNOW MARJIE

Marjie C. Nealon represents the largest special servicers of Commercial Mortgage-Backed Securities (CMBS) loans in the country, which service hundreds of pools of CMBS loans totaling hundreds of billions in principal and relating to real property interests in all fifty states. Marjie also represents these national companies in all of the states in which they own, or service, REO properties and loans with respect to sales of all types of commercial property including office, retail, multifamily, hospitality, storage facility, golf courses, parking lots and mixed-use, as well as portfolios of real property. In addition, she has handled the disposition of loans and loan portfolios on similar properties throughout the United States. 

Marjie's work for these special servicers of commercial mortgage-backed securitized loans involves all aspects of administration, servicing and resolving of the loans, including loan forbearances, modifications, extensions, workouts, deeds in lieu of foreclosure, coordination of foreclosures, assumptions and transfers of beneficial interests, as well as lease approvals and terminations, subordination, non-disturbance and attornment agreements, redevelopment and construction issues, partial releases, condemnations, substitutions of collateral, mezzanine and other subordinate financing, easement approvals and other real estate related transactions. In the course of her work, Marjie is responsible for coordinating approvals from national rating agencies.

Marjie is also actively involved in interpreting the securitization documents governing the pooling of CMBS loans. Her practice also included the representation of developers, portfolio managers, investors, commercial lenders, landlords and tenants in all types of commercial real estate transactions.

Q & A
What makes you a good deal lawyer?
I am an excellent draftsperson. I have the ability to conceptualize deal structures. For example, a client may engage me to handle a complex modification. I begin the process with a thorough review of the deal documents and terms, and can visualize the restructuring from documentation through negotiation and closing. 
What keeps your clients up at night?
We work in an industry that has gone through varied significant changes.  I have been through every shift — downturns and upswings — in the past 30 years. I see my role as guiding my clients through these changes, looking for ways to mitigate losses, and taking advantage of new opportunities. 
EXPERIENCE
Experience
Representation of LNR Partners, the largest special servicer of commercial mortgage-backed securities (CMBS) loans in the country. LNR services 145 pools of CMBS loans, totaling more than $220 billion in principal and relating to real property interests in all fifty states. We have handled over $4.2...
Experience
Handled very high volume of REO (real estate owned) sales throughout the United States for two of the largest special servicers of commercial mortgage-backed securities (CMBS) loans with the total purchase price well into the billions and number of properties well into the thousands. For auction sal...
Experience
Representation of special servicers and B-piece holders in all aspects of formation and administration of commercial mortgage-backed securitizations (CMBS), including all offering memoranda, registration statements, pooling and servicing agreements, intermediator agreements, and related documentatio...
Experience
Represented clients in the structuring of complex co-lender agreements at securitized, non-securitized and multiple mezzanine capital stack levels, involving all industry sectors, including office buildings, hotels, regional shopping malls and multi-family housing.
Experience
Handled the sale of billions of dollars of loans, including one bulk sale of 240 distressed real loans, with an aggregate outstanding balance in excess of $925 million.
Experience
Representation of CMBS Trust in transaction permitting owner of landmark Boston tower and holder of leasehold interest in the adjacent garage to expand its business operations by obtaining an additional leasehold for the station and related air rights, and to pursue redevelopment of the station prio...
INSIGHTS
Speaking Engagement March 16, 2016
Marjie C. Nealon will be moderating, Women's Network Speed Mentoring, hosted by CRE Finance Council.
Publication March 24, 2009
These are challenging times, even for prudent lenders holding commercial real estate loans made utilizing sound underwriting principles. The basic real estate fundamentals of multifamily, retail, office, hospitality, and industrial uses are all facing performance issues.
CREDENTIALS
  • University of Florida, J.D., Levin College of Law, Junior Editor and Senior Special Projects Editor, University of Florida Law Review, Order of the Coif, with high honors, 1985
    University of Florida, B.A., 1982
  • CRE Finance Council (CREFC)
    Servicer's Forum Member
    Dade County Bar Association
    The Florida Bar
    Real Property, Probate & Trust Law Section
  • Florida
  • The Best Lawyers in America, Real Estate Law, 2013 - present

    AV® Peer Review Rated, Martindale-Hubbell