Service Areas
- Business
- Finance
- Real Estate
- Governments + Nonprofits
- Real Estate
Education
- University of Detroit Mercy School of Law, J.D.
- University of Michigan, B.A.
Bar Admissions
- Michigan
Court Admissions
U.S. District Courts
- Eastern District of Michigan
- Western District of Michigan
Michael B. Peterman's practice areas focus on banking and real estate. He represents financial institutions in all areas of commercial lending as well as landlords and tenants with respect to their retail, office and industrial facilities, paying particular attention to his client's specific business requirements rather than simply their legal requirements. His banking and finance practice has an emphasis on real estate, asset-based and international lending and real estate workouts. His real estate practice has an emphasis on real estate acquisitions and sales and commercial leasing.
“It’s important to truly understand a client's needs. I believe in treating every matter, whether big or small, as if it’s the most important and in providing high quality and effective representation to all clients of the firm.”
Michael B. Peterman
Experience
Mike represented a bank in the relocation of its Western U.S. headquarters, beating out competing banks for a high-profile office/retail development in Los Angeles. He flew out to California at the drop of a hat and finalized a lease over a two-day period.
“Representing an ‘out-of-state‘ financial institution for a high-profile bank center location in Los Angeles, it was important to show the developer of the project how serious the bank was. We beat out more established Southern California banks by flying out to California and holing up in the developer's attorney's conference room for two days until the lease was finished. Obtaining that location was quite a coup for our client.”
Representative Matters
- Financial Institution - Real Estate
Represented lender/agent in $50,000,000 syndicated real estate development and construction loan for 300 unit multi-phase residential development in Southeastern Michigan.
- Financial Institution - Real Estate
Represented lender/agent in $70,000,000 syndicated working capital loan facility to borrowers located in Mexico and Nicaragua.
- Financial Institution - Real Estate
Represented lender/agent in $65,000,000 syndicated, secured export credit facility to Mexican borrower.
- Financial Institution - Real Estate
Represented lender/agent in $35,000,000 syndicated real estate construction loan for a resort condominium/hotel development in Northern Michigan.
- Financial Institution - Real Estate
Represented lender in $15,000,000 real estate construction loan for construction of a hotel in Detroit, Michigan.
- Financial Institution - Real Estate
Represented lender in $35,000,000 real estate development loan for the development of a 210 residential lot development in Southern California.
- Financial Institution - Real Estate
National real estate counsel to borrower in $1,000,000,000 secured credit facility.
- Financial Institution - Real Estate
Real estate counsel for bank working on its national facilities requirements including the relocation of its headquarters in California and Florida.
- Original Equipment Manufacturer - Real Estate
National real estate counsel for OEM parts supplier handling matters in over ten states.
Professional Activities
- State Bar of Michigan
Publications
University of Detroit Law Review, Labor Law-Concerted Activity-NLRB vs. City Disposal Systems, Inc., 104 S.Ct.1505 (1984), 62 U.Det.L.Rev. 333 (1985)
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