The John Marshall Law School, J.D., LL.M (Real Estate) 1999
University of Illinois at Urbana-Champaign, B.S. 1995
U.S. District Court
- Northern District of Illinois
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.
Possessing an uncommon breadth of experience in virtually every facet of real estate law, Larry Woodard is experienced and proficient at the closing table as well as in the courtroom. While primarily known as a “deal lawyer,” 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, higher education institutions, 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 construction law, corporate transactions and asset protection, as well as loan workouts, mortgage foreclosures, construction and mechanics lien litigation.
Since he has engaged in some of the same businesses in which he counsels his clients, Larry provides distinct practical insight to his law practice. Larry’s unique perspective ensures that his clients’ business interests are consistently aligned with their legal interests.
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.
Negotiated, supervised and executed re-subdivision of complex inChicagosuburb 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.
Represented Fortune 500 top 50 corporation in restructuring of its entireMidwestreal estate portfolio, including preparing vertical subdivisions, reciprocal easement agreements, joint venture agreements and sales of interests in the portfolio.
Represented owner in negotiation of all construction contracts in its construction of a multi-phased 1,300,000 square foot corporate campus.
Represented national bank in connection with the leasing of itsMidwestretail locations.
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.
Represented lender in resolution of multiple title and legal issues involving nineteen separate parcels located throughoutChicagoso that client could be refinanced.
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.
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.
Obtained dismissal of lawsuit with prejudice against real estate developer and its principals.
Obtained multi-million dollar judgment on behalf of contractor in its enforcement and foreclosure of its construction contact and mechanics lien.
Represented purchaser of sale-leaseback transactions for multiple big box retail tenants.
Prepared declaration, operating easement agreement and reciprocal easement agreements in five-use mixed use vertical subdivision.
Prepared property reports, form contracts and offering documents for resort development in Dominican Republic.
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 inChicago’s northern suburbs.
Counseled client in compliance matters and prepared form documents for use in national campaign of equity-based real estate lending program.
Successfully defended developer of distressed condominium development against its lenders, contractors and unit owners.
Represented national bank in successful and prompt foreclosure or loan restructuring of distressed real estate portfolio.
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.
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
Adjunct Professor of Law, The John Marshall Law School
Clinical Professor of Law, The John Marshall Law School Business Transactions Externship Program
Due Diligence Process in Commercial Real Estate, Webinar, November 15, 2016
ICSC Michigan Continuing Education Program for Real Estate Professionals, Novi, MI, February 11, 2016
Webinar: Measure Twice; Merge (& Acquire) Once, Association of Corporate Counsel, Chicago, IL, August 4, 2015
"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
"Illinois Condominium Law," (General Editor), Illinois Institute for Continuing Legal Education, 2010 edition; 2013 update; and 2016 edition (authored Chapter 18)
"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