Lorne McDougall

Locke Lord LLP

Lorne W. McDougall is a Partner in the Firm’s Real Estate Department and resident in the Boston office. He is a former head of our Real Estate Department and has been a member of the Firm’s various Senior Management Committees of the Firm for over 10 years.

He advises lenders, developers, entrepreneurs, funds and investors in connection with the acquisition, disposition, ownership, use, financing, zoning, permitting, development, construction, and leasing of commercial real estate.

He also represents owners, prime and trade contractors, and design professionals in all types of design and construction contracts and agreements, deal structuring and financing. He is adept in the negotiation and formation of real estate joint ventures, general and limited partnerships, limited liability companies, business trusts and other investment and development vehicles.

Lorne has extensive experience in a wide range of complex real estate development and financing including structured real estate finance and capital markets transactions secured by a wide array of property types, including office, retail, assisted living/congregate care facilities, hotels, regional shopping malls, industrial parks, mixed-use projects, high-end residential and commercial condominiums and cooperatives and other special use properties.

He is experienced in land assemblage transactions and the negotiation, drafting and financing of long-term ground leases and air rights agreements. Lorne routinely interacts with borrowers, lenders, investors and rating agencies in connection with securitized loan transactions and is well-versed in current rating agency criteria and regulatory trends.

He is knowledgeable and experienced in analyzing, designing and documenting sophisticated bankruptcy remote ownership structures and special purpose entities that meet current rating agency requirements and guidelines. He has substantial knowledge and experience in rendering and reviewing complex non-consolidation opinions on behalf of borrowers and lenders in transactions involving complicated organizational structures, multiple tiers of borrowers and lenders and sophisticated mezzanine and term loan debt stacks.

He represents major foreign and domestic commercial banks, insurance companies, credit enhancers, liquidity providers, servicers, investors, developers, operators, tenants, public agencies and authorities and others in multi-property and multi-jurisdictional financings, mortgage-backed single and multiple real property securitizations, sale/leaseback transactions, credit tenant lease financings, senior preferred equity investments, permanent, construction, bridge, single and multiple tier mezzanine loan financings.

His practice often involves the negotiation, structuring and documentation of joint ventures and partnerships between developers and State and municipal authorities. These public/private projects include the creation of special TIF districts, tax stabilization agreements, PILOT agreements, the negotiation of public infrastructure improvements and other public benefits and incentives.

Lorne also handles all aspects of real estate loan restructurings, workouts, foreclosures and REO sales. He devises strategies to protect rights and maximize options and recoveries in connection with troubled mezzanine loans and mortgage loans involving permanent or construction financing.

Mr. McDougall efficiently structures and staffs workout transactions and effectively negotiates loan documentation and covenants essential for his client’s protection. Lorne is a regular contributor and participant at seminars and other finance and real estate industry events. He has been recognized as a leader in his field by Chambers USA. Lorne joined the Firm after practicing with major law firms in Toronto and New York City.

Representative Experience :

  • Lorne has coordinated real estate, zoning, permitting, and environmental issues connected with several different matters including the acquisition of a multi-state broadcasting network, the divestiture of a multi-state cellular telephone system network, as well as with one of the largest bank branch divestitures to date.
  • Insurance companies and banks are represented by Lorne in connection with zoning, permitting, environmental and real estate issues involving new and existing loans.
  • Major U.S. banks have relied on Lorne’s counsel in several large loan restructurings involving deed in lieu transactions, foreclosures, general debt restructurings and OREO sales.
  • He represents developers in connection with the permitting, development and financing of office buildings, suburban and urban shopping malls, parking garages, multi-family developments, industrial and warehouse properties.
  • Public and private developers are represented by Lorne in connection with hotel, retail and office joint venture and sole development, projects, leasing, construction contracts and architect agreements.

Professional Affiliations :

  • Member, Boston Bar Association
  • Member, Canadian Bar Association
  • Member, Mortgage Bankers Association
  • Member, New York State Bar Association
  • Member, Real Estate Finance Association

Education :

  • LL.M., New York University School of Law
  • LL.B., Queen’s University
  • B.A., magna cum laude, University of New Haven

Admissions : Connecticut; Massachusetts; New York; Rhode Island; Ontario, Canada; Hong Kong


Rate : $$$

What types of cases Attorney Lorne McDougall & Locke Lord LLP can handle?
Locke Lord LLP can handle cases related to laws concerning Banking, Real Estate, Construction, Business, Venture capital, Limited Liability Company, Project & Equipment Finance. We manually verify each attorney’s practice areas before approving their profiles and reviews on our website.
Where is Locke Lord LLP located?
Locke Lord LLP is located at 111 Huntington Ave #9th+floor, Boston, MA 02199, USA. You can reach out to Locke Lord LLP using their phone line 617-951-2287. You can also check their website lockelord.com or email them at [email protected].
How much would it cost to hire Locke Lord LLP?
Lorne McDougall lawyer charges are specific to each case. However, they work with contingency fees and its ranges from $$ to $$$. They also provide free consultation [and no obligation quotes] if you are interested to hire.
Are Lorne McDougall reviews trust-able?
We have the ratings and reviews moderation team who checks and verifies every review submitted on our website manually. You can trust all the reviews you see on Lorne McDougall lawyer profile listing.

Rate and write a review

Your email address will not be published. Required fields are marked *

Is this your profile?Claim it now.

Make sure your information is up to date.
Locke Lord LLP
Huntington Avenue 111
Boston 02199 MA US
Get directions

Brian Orlow

Main Street 71-18
11367 NY US

Lina Stillman

Broadway 42
New York 10006 NY US