Gail has served as chair of the Firm's Real Estate Department and has particular knowledge in a wide variety of construction and project financing, including affordable housing, apartments, hotels, retail centers, office and industrial space, and assisted living and other healthcare facilities. Her experience includes mezzanine finance transactions and projects involving low income housing tax credits, historic tax credits and new markets tax credits. She also frequently represents asset-based and middle market lenders for a broad spectrum of companies. Her practice frequently includes representations of agents/lead lenders in syndicated senior and mezzanine loans. She also has extensive experience in commercial loan restructurings, workouts, foreclosures, note sales, and REO sales.
Gail represents real estate developers and lenders owning foreclosed property in the acquisition, sale, development, financing, and leasing of real property. Gail has been listed in the Banking and Finance Law and Real Estate Law sections of The Best Lawyers in America since 1995 and has also been named Best Lawyers' 2013 Providence Real Estate Law Lawyer of the Year, and Best Lawyers' 2014 Providence Banking and Finance Lawyer of the Year. She has also been included in Chambers USA 2006 - 2014 as a leading lawyer in Banking & Finance and Real Estate . Thomson Reuters has listed her as a Rhode Island Super Lawyer for many years and as one of the Top 100 New England Super Lawyers (2008), one of the Top 10 Rhode Island Super Lawyers (2008-2011), and one of the Top 50 New England Women Super Lawyers (2008-2013).
In addition to her legal practice, Gail is the Professional Development Partner for the Firm. She works closely with the Firm's lawyers and staff to design and implement programs to address their professional development needs.
•Gail represented the lender in connection with a revolving credit facility, a term loan, and a real estate term loan to related companies in Rhode Island involving complex intercreditor and litigation related matters.
•She represented the lender in connection with a construction loan using a low income tax credits and historic tax credits to provide 66 units of affordable rental housing for seniors and a community senior center in Webster, MA.
•She was counsel to the lender in connection with a mortgage secured term loan for acquisition and renovation of the ALCO complex in Providence, RI.
•She represented the lender in connection with a loan relating to the establishment of an employee stock ownership plan for a Rhode Island company.
•Gail represented the construction and bridge loan lender and the senior leverage loan lender in connection with the rehabilitation of an office building in downtown Providence, RI into a mixed use facility (apartments, artists' studios, retail and restaurant space) using new markets tax credits as well as federal and state historic tax credits.
•She represented the agent/lead lender in a $15, 000, 000 revolving credit facility for the acquisition of triple net leased retail stores in Texas, Georgia, Illinois and Florida secured by first mortgages on the properties.
•She represented the lender in a $10, 000, 000 construction loan for the construction of a medical office building as part of a hospital campus in Warwick, Rhode Island.
•She represented the lender in a $23, 226, 000 hotel renovation and mini-perm loan for a hotel in Albuquerque, NM.
•Gail represented lenders in several RI projects using low income housing tax credits and/or FHLBB AHP funds including a scattered site residential rental project in Providence, RI, renovation of a mill building into apartments in Burrillville, RI, and apartment properties in Newport, North Kingstown and Tiverton, RI.
•She represented an agent and lender in several syndicated mortgage secured bridge loan financings for nontraded REITs for multi-family, industrial and retail properties around the country.
•She served as counsel to an out of state lender in connection with the foreclosure of a major hotel in downtown Providence, RI and also the foreclosure of an industrial warehouse building in Providence and the subsequent lease up of the building and sale to a third party purchaser.
•In a $240 million syndicated refinancing of a major office tower complex in Chicago, IL, and in a $75 million syndicated refinancing of a large office tower building in San Francisco, CA, Gail served as counsel to the agent/lender.
•She was counsel to the construction and bridge loan lender for the renovation of a theater in Davenport, IA using new markets tax credits and federal and state historic tax credits.
•Gail represented the lender in foreclosing the partnership interests pledged to secure the repayment of a mezzanine real estate loan for a retail shopping center in Florida.
•Gail represents a lender for bridge loan financings involving Delaware Statutory trusts secured by pledges of ownership interests.
•She represents a lender in connection with large bulk auction sales of commercial middle market and real estate loans to a number of purchasers.
•She represented the agent/lender in two loans and a letter of credit provider in a bond facility using federal and state historic tax credits for the construction/renovation of a hotel, an apartment complex, and a condominium project in various locations in Rhode Island.
•Gail represented an agent/lender in a $43 million revolving credit and term loan facility for a retail gasoline and convenience store business. 210 stores in New York and New England secured the facility.
•Gail represents lenders and borrowers in connection with analysis, negotiation, and redocumentation of both commercial and commercial real estate troubled loans.
Besides Edwards Wildman
Gail is a member of the Board of Regents of the American College of Mortgage Attorneys, a national honorary organization of counsel in the field of real estate finance of which she has been a fellow since 2003. She is on the Board of Directors for Grow Smart Rhode Island, a 501(c)(3) nonprofit organization that advocates sustainable economic growth in Rhode Island; she is also on the Executive Committee and is the Secretary for this organization. She is a Past President of the Brown University Alumni Association and a class officer and fundraiser for Brown University.
Gail enjoys hiking, kayaking, biking, yoga, and traveling and spending time with her Australian Labradoodle dog.