Paul Fogleman

Practice Areas

Asset Based Lending; Commercial; Equipment Finance; Real Estate Finance; Real Estate Acquisition, Due Diligence And Financing; Finance: Banking, Restructuring, Insolvency

Career

A partner in the Firm's Capital Markets group, Paul M. Fogleman represents banks, non-traditional lenders, and borrowers in a variety of finance transactions, including term and revolving facilities, construction facilities, asset-based lending, and receivables financing.

Paul has extensive experience representing borrowers and real estate owners in many aspects of real estate transactions, including real estate secured financings, acquisitions and sales, developments, leases, title review, and due diligence analysis. He regularly serves as North Carolina counsel in the issuance of local counsel real estate and enforceability opinions.

Within the community, Paul is active on several boards including the Poe Center for Health Education and Capital City Clauses. He also regularly handles residential closings and general corporate matters on a pro bono basis for Habitat for Humanity of Wake County.

Professional Memberships

Board Member, Poe Center for Health Education, 2018 – Present; President, 2020 – 2021

Board Member, Capital City Clauses, 2018 – 2021

Young Lawyers Division and Real Property Section, NC and Wake County Bar Associations

Wake County Real Property Lawyers Association

Habitat for Humanity of Wake County

Graduate of Leadership Raleigh Class 33

Urban Land Institute, YLG Partnership Forum (2014) and YLG Regional Initiative Council (2015)

Steering Committee Member, NC Museum of History Young Associates, 2011 – 2014

Industry Sector Expertise

Financial Services; Real Estate; Cannabis

Experience

Any result the lawyer or law firm may have achieved on behalf of clients in other matters does not necessarily indicate similar results can be obtained for other clients.

Financial Services

Representation of lenders in commercial loan transactions involving real estate and asset based collateral, construction financing and low income housing tax credit financing

Representation of lender in a $36.5 million combined term loan and line of credit facility for the refinance of a multi-tenant medical office building

Representation of lender in a $36 million construction loan for the development of a multi-unit student housing apartment complex

Representation of lender in a $38 million construction loan for the development of a multi-unit apartment project

Representation of lender in a $40 million secured operating line of credit and related $4.6 million term loan

Representation of lender in an asset based loan for the acquisition of a seller’s inventory of ammunition

Banking

Representation of depository and other financial institutions with the drafting and negotiation of letters of credit, control agreements, lockbox agreements and other banking products

Real Estate Development

Regularly represents real estate owners in the purchase and sale of retail, office, industrial and multi-family properties

Regularly represents landlord in negotiation of leases for multi-tenant office and industrial buildings throughout North Carolina

Representation of tenant in negotiation of lease for approximately 61,000 square feet and building signage rights in an approximately 18-story office building in Raleigh, North Carolina

Representation of tenant in negotiation of a build-to-suit lease for approximately 57,000 square feet of a 75,500 square foot 3-story office building in Raleigh, North Carolina

Representation of clients in connection with commercial real estate development matters

Representation of landlords and tenants in commercial leasing transactions