Marc Stice

Partner
Real Estate, Joint Ventures, Project Finance

Marc has spent more than twenty-five years practicing law in California, with a primary focus on real estate and development matters. Prior to broadening his practice in 2011, Marc spent more than fifteen years as in-house counsel for a regional homebuilder, serving as the company’s Vice President and General Counsel. In this capacity, Marc played an integral role in the company’s planning, land acquisition, development and construction activities. This experience allows Marc to bring a uniquely business-oriented approach to his clients’ matters. Marc’s experience in managing the legal affairs of a business allows him to deliver services in a cost-effective and results-oriented manner.

Marc’s practice involves all aspects of the real estate development process, from the initial acquisition of the project property through delivery and warranty of the finished product, including:

Acquisition/Disposition: The purchase and sale of all types of real property, including, unimproved parcels, entitled or improved lots and improved property such as office, industrial and commercial centers;
Entity Formation; Deal Structure: The structure, formation and operation of joint venture and project entities, including limited liability companies and partnerships, and the structure and implementation fee and incentive based development management agreements;
Financing: The structure, negotiation and documentation of all forms of secured and unsecured debt financings for all types of commercial real estate, including acquisition and development loans, permanent and bridge loans, construction loans, conduit loans, ground lease financing, and mezzanine financing;
Land Use and Permitting: Acquisition of land-use entitlements, including discretionary approvals General Plan and zoning amendments, and tentative maps Development Agreements from local agencies and regulatory permits from regional, state and federal agencies;
Sales: The preparation of sales agreements and project disclosures and the acquisition of public reports from the Department of Real Estate;
Risk Management and Warranty: Structure of project insurance policies, including Owner Controlled (Wrap) policies and preparation of warranty documents and dispute resolution; and
Workout and Restructuring: Development and implementation of work-outs, restructuring and foreclosure relating to real estate investments of all types, including the enforcement of remedies under related agreements.

Marc graduated from the University of California Santa Barbara in 1993 and received his law degree from Pepperdine University with honors in 1996.