Paul M. Pruett's real estate and finance practice involves a broad array of complex transactions and matters. As Co-Chair of the Firm's Real Estate and Real Estate Finance practice, Paul provides counsel to financial institutions in connection with the structuring, documentation and negotiation of construction, development, acquisition, and term loans for various income-producing properties, including office buildings, retail shopping centers, multi-family projects, condominium towers, hotels, mini-storage, medical office buildings, industrial and warehouse facilities, mixed-use projects and residential lot developments. His clients include large national and regional banks, and he has handled syndicated and unsyndicated transactions involving mezzanine financing, intercreditor arrangements, ground leases, pre-negotiated take-out purchasers, letters of credit, and multi-state property portfolios. He also has extensive experience in loan workouts, restructurings and foreclosures.
Paul represents purchasers, developers and sellers of commercial real estate, such as office towers, multi-family, retail, auto dealerships, industrial warehouse, large ranch property, and timberland, and has significant experience in negotiating leases for commercial landlords and tenants. He also counsels borrower clients in secured financing for privately and publicly held companies.
Paul also represents financial institutions in the documentation and negotiation of syndicated and unsyndicated repurchase (repo) transactions for residential mortgage loan warehouse facilities along with the negotiation of related interparty and account control agreements.
Professional Affiliations and Recognitions
- Named, The Best Lawyers in America, 2018-2020 (Real Estate Law)
- Member, Houston Bar Association
- Member, State Bar of Texas
- Member, Houston Young Lawyers Association
- Emeritus Member, The Children's Fund, Inc.
- Volunteer Coach - Spring Branch Memorial Sports Association (soccer and basketball); First Baptist Upward League (soccer)
- Member, Harding University President's Council