Services
Industries
Education
Loyola University Chicago School of Law, J.D., 2014
Michigan State University, B.A., 2011
Bar Admissions
- Michigan
Eric Stein counsels a broad range of clients in a variety of commercial real estate transactions, with a focus on real estate financings, leasing, development, acquisitions and dispositions.
Eric represents national, regional and local banks in complex acquisition, development and construction financings secured by many different types of real property, including office, retail, multi-family, industrial and warehouse properties. His experience includes single lender and syndicated financings, review of title, survey and related due diligence matters, and negotiating intercreditor, subordination and third-party consent agreements.
Eric also has extensive experience representing sellers, purchasers, owners, landlords and tenants in drafting and negotiating purchase agreements, leases and subleases, easements, construction agreements and design agreements.
Representative Matters
Commercial Leasing
- Represented a multi-national designer, manufacturer and distributor in connection with leasing a 500,000-square-foot distribution facility in Edgerton, Kansas.
- Represented a national health care company with respect to a multi-site master lease covering premises in the greater New York City area.
- Represented a Fortune 100 company in negotiation of new lease to relocate and consolidate regional offices in Peachtree Corners, Georgia.
Commercial Real Estate Financings
- Managed due diligence review, including procurement of estoppel certificates and SNDAs from 48 tenants, and drafted collateral loan documentation for a $171,000,000 portfolio loan by a national bank to five co-borrowers secured by 46 properties in five states.
- Represented the administrative agent and lead bank in a syndicated construction financing for a mixed-use development in Chicago, Illinois.
- Represented a co-lender in a syndicated construction financing for a new hotel development in Washington, D.C.
Economic Development Incentives
- Advised international manufacturer on securing state and local economic development incentives for the construction of a new manufacturing facility and global headquarters in Northville, Michigan.
Sports Arena Development
- Assisted developer in negotiation of construction loan facilities exceeding $200,000,000 and resolution of related leasing and development issues for a new arena and events center in Detroit, Michigan.
Honors
Best Lawyers in America, "Ones to Watch," Banking and Finance Law, 2023-present; Real Estate Law, 2022-present
DBusiness Magazine, Top Lawyer, Banking & Financial Service Law, Real Estate Law, 2023
State Bar of Michigan Pro Bono Honor Roll, 2021
Loyola University Chicago School of Law Certificate in Trial Advocacy
2013-2014 National Moot Court Competition, Regional Finalist, Award for Best Oral Advocate and Best Team Brief
2012-2013 Robert F. Wagner National Labor and Employment Law Moot Court Team Member
Professional Activities
State Bar of Michigan, Real Property Law Section
Speeches
“Key Concepts in Shopping Center Law – Debt Considerations,” Real Property Law Section, State Bar of Michigan, July 2019