About Mark Lewis Patterson

Mark Patterson focuses his practice on a variety of real estate and real estate finance matters. He works with developers, lenders, servicers and investors in all stages of commercial real estate transactions. He is also a certified public accountant licensed in the state of Texas.

Practice Focus

  • Represents major national banks and national private finance companies
  • Handles real estate loans
  • Documents all types of non-transfer matters
  • Provides transactional support for specially serviced matters moving into litigation and bankruptcy
  • Represents large, private equity investors in the organizational and operational documentation and development of real estate projects
  • Works with specialty financial services and investment management companies on non-servicing matters

Representative Experience

  • Represented one of the largest special servicers in the United States in the foreclosure of nondebtor TIC entities’ interests in Texas and California properties; foreclosure of a senior lender position in complication mezzanine and A/B note structures; workout of a multifamily/multistate property portfolio secured by individual security instruments, evidenced by a single note and requiring severance of said note into discrete, specific tranches; negotiations with recalcitrant borrowers refusing to strictly comply with loan document covenants, threatening lender liability lawsuits, orchestrating involuntary bankruptcies and attempting to hinder and delay, or otherwise interfere with, the substitute trustee’s agenda in conducting the nonjudicial foreclosure; foreclosure of properties in which the lender did not want to appear in the chain of title through creative bidding strategies designed to ensure a sale to third parties at the foreclosure; and negotiations with the developer in a payoff of loans through one of the largest single sales transactions of commercial properties in Dallas in 2011. *
  • Counseled regarding a hard-money loan on a condominium regime.  *
  • Counseled in the acquisition of a large office building in downtown Dallas, involving complicated and innovative seller-financing and documentation of parking rights.  *
  • Counseled on a large acquisition of developable land in Collin County, involving the negotiation and drafting of development agreements, reciprocal easements, declaration of restrictive covenants and other similar real estate contracts and agreements.  *
  • Counseled in a hard-money loan on one of the first real estate developments to utilize New Markets Tax Credit and Historic Tax Credit equity.  *
  • Advised on senior, mezzanine and participation loan structures in all aspects of construction financing and developing real estate in the Dallas central business district and other locations throughout the country.  *
* Experience prior to Katten

Publications

  • The Basics of EB-5 Lending
    September 18, 2018
  • Principal/Agency Issues Facing Participants in the CMBS Industry
    Winter 2005
  • Legal Pitfalls Loom Large in CMBS Transactions
    August 9, 2004

Presentations and Events

  • UT Law CLE Mortgage Lending Institute
    Presenter | The Basics of EB-5 Lending
    September 18, 2018