William Seligman

William C. Seligman serves as senior counsel in the Real Estate and Land Use practice in the McGuireWoods Los Angeles – Century City office. He concentrates his practice on the representation of senior and mezzanine lenders, and institutional investors, in debt investments secured by all major asset classes.

Bill has lending experience in construction, bridge and permanent loans, for syndicated facilities, insurance companies and other portfolio lenders and securitization execution.

Bill advises bank and non-bank lenders in all aspects of the commercial real estate lending process, from designing procedures and drafting form documents for new lenders, to loan structuring and origination, and culminating either with the disposition (via securitization, one-off or portfolio sales) or servicing functions.

He represents lenders and debt holders in foreclosures (consensual and contested), negotiated workouts, deed-in-lieu transactions, loan sales, equity recapitalizations and other exit strategies for under-performing or distressed investments.

EXPERIENCE :

• Represented a leading Canadian bank in connection with the origination and securitization of over $20 billion of commercial mortgage loans
• Counseled a major European bank on commercial mortgage loans secured by properties throughout the United States
• Represented CMBS lender in forming a new lending program, including preparation of closing procedures and loan documents
• Advised a mortgage lender and its servicer in connection with the recapitalization of the mezzanine and equity positions underlying a $180 million mortgage loan pool

Education :

• Columbia Law School, JD, Managing Editor, Columbia Journal of Environmental Law, 1989
• Columbia College, BA, 1986

Admissions :

• California
• New York

Affiliations : Vice-Chair, Real Property, Probate and Trust Law Section Committee on Commercial Real Estate Asset Management, American Bar Association, 1995-2000