After more than four decades of representing clients in a wide variety of real estate, financing and commercial transactions, Tom has the experience to assist and counsel companies in complex business projects. He also helps developers, lenders, nonprofits and government entities with financings that include New Markets, Historic and Investment tax credits.
Capabilities
Biography
As a result of his extensive real estate and finance practice, Tom is experienced in the purchase and sale, leasing, financing, development and entitlement of office buildings, retail and commercial space, professional buildings and multi-family complexes. Tom has worked with developers and lenders on numerous large and complicated mixed-use projects. He assists purchasers in privately-placed bond deals and specializes in real estate-secured loans including multi-state credits. He has a comprehensive knowledge of CC&R’s, easements, development agreements and other real estate project documentation resulting from wide-ranging work for a variety of clients.
Tom has worked with the Redevelopment Agency of two major Utah cities in many development and re-development projects by negotiating and documenting financial assistance in connection with a number of programs benefiting commercial and residential deals involving significant community benefits. He has been outside counsel for the Utah Housing Corporation, the main independent state agency financing affordable housing in the state.
Tom’s experience also includes helping Fortune 500 companies negotiate governmental incentive packages for locating in Utah; assisting major out-of-state corporations purchase and entitle property in the state and in the surrounding region; buying and selling companies and assets; negotiating contracts and leases; ensuring regulatory compliance; and completing other complicated commercial transactions.
Experience
Represented University and Related Nonprofits
Represented a university and two related nonprofits in connection with the development and financing of a new theater and related improvements, including structuring issues, formation of entities, review and preparation of financing documents, including those involving the New Markets Tax Credits investment of several banks. Completed exit of NMTC investment.
New Markets Tax Credits Transactions
Represented a county and its affiliated nonprofit corporation in connection with seven New Markets Tax Credits transactions, together with the real estate and structuring issues.
Represented Independent State Agency
Assisted with approximately 50 projects for an independent state agency, including development of programs, purchase and sale of properties, and review and preparation of loan and other financing documentation. Represented client in employment and governmental affairs matters.
Accomplishments
Academic
Harvard Law School, cum laude, 1978 (Williston Prize for contract negotiating)
Teaching Fellow, Harvard College Government Department:
Constitutional Law (under Prof. Archibald Cox)
The National Government of the United States (under Prof. Arthur Maass)
Harvard College, magna cum laude, 1974
(Sheldon Traveling Fellowship; National Scholar; Thesis: Circumvention of the Appropriations Committees in the Congressional Appropriations Process)
Professional
Lawyer of the Year, Real Estate Law, Salt Lake City
Distinguished Real Property Practitioner for 2004
Real Property Section of the Utah State Bar
Best Lawyers in America, Real Estate Law, Utah 2006-2025
Notable Practitioner, Band 1, Real Estate, Utah, Chambers USA 2004-2019
Legal Elite, Real Estate, Utah Business magazine 2007-2020
Super Lawyers, Real Estate, Utah 2007-2019
Pro Bono Publico Award
Salt Lake County Bar Association December 1989
Adjunct Professor of Business Law, Notre Dame Law School (London Law Centre) “Law of Business Associations”
Associations
Professional
Utah Bar Association
American Bar Association
Professionalism Counseling Board (appointed by Utah Supreme Court)
Committee on Legal Opinions, Business Law Section, American Bar Association
International Council of Shopping Centers
National Association of Industrial and Office Properties
Community
State of Utah Water Strategy Advisory Team
Member, 2013-2016
Governor’s Council on Balanced Resources
Member, 2012-2015
Envision Utah
Member, 1997-2015
Member, Board of Trustees, 2000-2015
Member, Executive Committee, 2005-2015
Secretary, 2009-2015
Citizens’ Committee to Save Our Canyons
Member of Board of Directors, 1983-98, 2013-2019
Salt Lake City Board of Adjustment
Member, 1999-2012
Chairperson, 2009-2010
Salt Lake City Futures Commission
Member, 1996-1998
Salt Lake City Public Utilities Advisory Committee
Chairperson, 1991-1992
Vice-Chair, 1989-1990
Member, 1987-1998
Land and Water Fund of the Rockies
Member, Utah Steering Committee, 1990-1995
Utah Museum of Natural History
Member, Board of Trustees, 1990-1993
Lowell Elementary School
Co-chairperson, ELP Parents' Steering Committee, 1991-1992
Salt Lake City Charitable Solicitations Committee
Member, 1984-1987
Chairperson, 1987
Political
Administrative Assistant, Utah Rep. Wayne Owens
Insights
News
Parsons Behle & Latimer Attorneys Recognized by Best Lawyers in America
News
Parsons Behle & Latimer attorneys recognized by Best Lawyers in America
News
"Best Lawyers" Ranks 56 Parsons Attorneys as Top in Intermountain West
News
Parsons Behle & Latimer Becomes One of the Intermountain West's Largest Regional Law Firms with the Addition of 31 New Attorneys and its New Park City, Utah Office
Credentials
Licensed
Utah
