By a News Reporter-Staff News Editor at Real Estate Weekly News -- Morris, Manning & Martin, LLP is strengthening its rapidly-growing Washington, D.C. office with the addition of James R. Peck as a partner in the firm's Commercial Finance and Real Estate Finance practices. He will co-chair the firm's FHA practice.
Peck, who was previously a partner with Krooth & Altman, represents lenders in commercial real estate financing transactions insured by the Federal Housing Administration and securitized through Ginnie Mae. He represents FHA multifamily and healthcare lenders both in closing loans and advising on issues connected with deal structuring and regulatory compliance. He represents FHA lenders and closes loans nationwide for acquisition, refinance, new construction and substantial rehabilitation of properties, and has closed several of the largest non-hospital FHA-insured loans ever made. He possesses particular strength in complex affordable housing transactions involving tax credits (Low-Income Housing Tax Credits, Historic Tax Credits and New Market Tax Credits), taxable and tax-exempt bonds, subordinate mortgage debt, bridge loans and mezzanine debt.
He will work closely with partners Rick Boyd and Rusty Fleming, as well as Bonnie H. Rothell, who joined MMM from Krooth late last year.
"Jim is a talented lender's lawyer who has handled sophisticated multifamily and healthcare real estate transactions on behalf of major lenders across the United States for well over a decade," said Boyd, who heads the Commercial Finance Practice. "MMM has a breadth and wealth of experience closing every type of commercial, multifamily and healthcare loan and is excited to close the loop for our clients by bringing them Jim's experience closing multifamily and healthcare FHA, USDA and Fannie Mae loans."
"Jim is an immediately likeable and smart attorney with a calm disposition, who can handle any wrinkle thrown at him," adds Rothell, who has more than 25 years experience in risk management and litigation within the government-insured and government-sponsored multifamily lending industry. "His knowledge and skills complement both our lending practice and specifically our FHA/HUD practice."
MMM's Washington office is growing rapidly. Owen J. Pinkerton is now Of Counsel in the firm's Corporate practice and will work closely with the firm's nationally-recognized Real Estate Capital Markets Practice. He was previously with Sutherland Asbill & Brennan LLP. Pinkerton and Peck start work within days of the announcement that the firm has added Wendy White and Betsy Karmin, establishing a D.C. outpost for its nationally-recognized Real Estate practice. The four new additions bring the total number lawyers in the Washington office to 25 -- compared to eight just last year.
Peck earned his undergraduate degree from The University of California, Riverside; two graduate degrees from UCLA; and his Juris Doctor from the College of William & Mary.
Keywords for this news article include: Real Estate, Financial Services.
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