Frank De Vito focuses his practice on real estate development, finance, and leasing. Mr. De Vito represents lenders, borrowers, developers, landlords and tenants in commercial real estate projects. He counsels clients in senior and mezzanine financings, workouts and restructurings, acquisitions and dispositions, sale-leasebacks, and land use and permitting matters.

Mr. De Vito has been named a Massachusetts "Rising Star" in commercial real estate in a research project conducted jointly by Boston and Law & Politics magazines.

Recent Representative Transactions

• Representation of lenders in loan restructurings and workouts, including a loan secured by residential condominiums in Florida and a loan secured by a shopping center in Illinois.
• Representation of the agent bank in a $150 million loan secured by multifamily projects in Georgia and North Carolina.
• Representation of the agent bank in a $100 million line of credit secured by environmentally contaminated properties throughout the United States.
• Representation of a lender in a $42 million mezzanine loan involving the conversion of an office building in New York City to a luxury apartment complex.
• Representation of the owner of a new 500,000 square foot office building in Boston in a $200 million multi-lender construction loan.
• Representation of a corporate owner in the sale of its downtown Boston headquarters building. The transaction involved the conversion of an office building containing over 800,000 square feet to a commercial condominium, and the sale and short-term leaseback of a major condominium interest in the building.
• Representation of the owner in the permitting of Fan Pier, a major mixed-use development on Boston's waterfront.
• Representation of the owner in the permitting, expansion and leasing of the South Bay Shopping Center in Boston.
• Representation of numerous tenants in the negotiation of retail, industrial and office leases.

Admissions

• Massachusetts

Memberships

• Greater Boston Real Estate Board, Government Affairs Committee
• Certified by the US Green Building Council as a LEED Accredited Professional
• Real Estate Finance Association
• NAIOP
• Boston Bar Association Real Estate Section - Former Co-Chair of the Real Estate Finance Committee
• City of Newton Zoning Board of Appeals, Past Member
• Town of Canton Master Plan Steering Committee, Past Member
• American Bar Association
• Massachusetts Bar Association
• Boston Bar Association

Publications

• Co-author, "Will the Economy Change Your Contract?," Commercial Property News; radio interview on www.commercialpropertynews.com, April 14, 2009
• "Documenting Complicated Real Estate Transactions," a chapter in Drafting Commercial Real Estate Documents (Massachusetts Continuing Legal Education), 2004 and 2009
• Co-author, "Are Lease Bonds the Answer to Rising Security Deposits?," Boston Business Journal, December 8, 2000.