Mr. Scavone is chair of Bodman’s Real Estate Practice Group. He has represented banks and other financial institutions in a wide variety of complex, multi-million dollar, secured loans and other financial arrangements involving real estate.
Such financings include mortgage loans, land acquisition and development loans, and construction financing for projects as diverse as shopping centers, apartment projects, office buildings, manufacturing facilities, residential developments, golf courses, ski resorts, and gas stations. Mr. Scavone also represents lenders in direct and syndicated mortgage warehousing lines of credit. Mr. Scavone also has extensive experience with commercial real estate loan workouts, foreclosures, receiverships, deeds in lieu of foreclosure, and sales of REO.
In addition to banking and finance matters, Mr. Scavone represents clients in complex real estate transactions, including purchases and sales for cash, on land contract, with seller financing or otherwise, involving real estate from single family homes to multi-million dollar commercial properties. He has handled numerous commercial leases for landlords and tenants, including leases of office, retail and manufacturing space, ground leases, and subleases. He has represented owners and developers in construction related matters.
Mr. Scavone is a member of the State Bar of Michigan (Real Property Law and Business Law Sections) and the American Bar Association (Real Property Law Section). He is Vice Chair of the Council of the Real Property Law Section of the State Bar and a member of the Michigan Land Title Standards Committee.