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(612) 455-6633
Gds@mgmllp.com

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REAL ESTATE PRACTICES

  • Real Estate Purchase & Sale

  • Commercial Real Estate Lending

  • Commercial Leasing Development & Construction

  • Joint Ventures and LLCs

  • Title Work

  • 1031 Like Kind Exchanges

GOVERNMENT LAW & LAND DEVELOPMENT PRACTICES

  • Economic Development, Municipal Law, and Zoning

  • Special Assessment & Tax Appeals

  • Environmental

EDUCATION

  • University of Michigan, J.D.

  • Oberlin College, B.A., with high honors

ADMISSIONS

  • Minnesota

  • U.S. District Court for the District of Minnesota

RECOGNITIONS

  • “Minnesota Super Lawyer”, 2003 - Present

  • Real Property Law Specialist, certified by the Minnesota State Bar Association, since 1990

  • 2013 Top Rated Attorney in Real Estate, named by American Lawyer Media and Martindale-Hubbell

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GREGORY D. SOULEPartner

EXPERIENCE

Gregory D. Soule is a partner practicing in all areas of real estate. Clients appreciate Greg’s practical and intense focus on achieving their objectives, his experienced business and legal advice in negotiating and closing deals, and his excellence in drafting agreements.

Purchases and Sales, Leasing, Financing

Greg works with developers, individual investors, financial institutions, and homeowner associations. He has assisted in the purchase, financing, and sale of over 150 apartment projects. Greg has also represented clients with office/warehouse buildings, restaurants, shopping centers, churches, hotels, movie theaters, golf courses, telecommunication towers, senior-assisted living residences, marinas, mini-storage facilities, and multi-tenant data centers. He has represented local banks and national lenders in permanent financing transactions, and both landlords and tenants in retail, industrial, and office leases. Greg also advises clients on ownership structuring issues. Significant projects include:

  • Assisting in the $87 million sale of three downtown Minneapolis office buildings

  • Drafting a complicated easement agreement, providing 40 separate easements, for a $54 million, multi-use (residential, retail, parking) project in Uptown

  • Negotiating and closing the purchase and financing of a $41 million, 281 unit apartment project in Eagan, as part of a reverse like kind exchange

  • Assisting in the acquisition of a North Loop office building by purchasing and foreclosing a defaulted CMBS loan

  • Obtaining a $3.8 million reduction in tax valuation for a Chanhassen office building saving $420,000 in real estate taxes over three years

Development, Government Permits and Approvals

Greg has extensive experience in real estate development, obtaining zoning and subdivision approvals from local municipalities, as well as wetland and environmental clearances. Greg served on city planning commissions for over 10 years, and has assisted municipal clients with zoning and real estate matters. He has made many appearances on behalf of developers and property owners before planning commissions and city councils. Greg has also advised land owners on regulatory and land use issues related to alternative energy projects, pipelines and power lines. Significant projects include:

  • Representing the City of Wayzata in development agreements, easements, special assessments, street dedications and land transfers for a $250 million, multi-phase project

  • Negotiating land acquisition, city development agreements, construction contracts and financing for a 153 unit, $25 million apartment project in Hopkins

  • Assisting the owners of a 300 acre residential development in Chaska with revitalizing the project, by renegotiating municipal development agreements, restructuring three existing mortgage loans and negotiating the buyout of minority shareholders

  • Advising property owners, Native American tribes and neighborhood associations in opposing pipeline, CapX powerline and Goodhue County wind turbine projects