- Business Disputes
- Distressed Property and Workout Practice Group
- Environmental, Administrative & Regulatory Law
- Financial Services
- Land Use and Zoning
- Lender Liability
- Real Estate
- Real Estate Litigation
- Resort Development
|Mailing Address||P.O. Box 3463, Greensboro, NC, 27402|
|University ||Wake Forest University, B.A., 1969|
|Law School||Wake Forest University, J.D., 1971|
|Admitted||1971, North Carolina|
Civic & Professional Memberships
•fellow American College of Real Estate Lawyers, Member of the Board of Directors and Committee Chair
•fellow American College of Mortgage Attorneys
•Board Certified Specialist - Real Property Commercial, Industrial and Commercial Transactions
•Chairman of Board of Directors of Habitat for Humanity of Greater Greensboro, previous Committee Chair
•Chairman of the Board of Directors of Greensboro Central YMCA
•Best Lawyers in America; Super Lawyers in North Carolina
•Past Chairman of the North Carolina Bar Association Real Property Section
•Past Member of the North Carolina Bar Association Board of Governors
In 42 years of practice of real estate transactional work and real property litigation, Jay Devaney has pretty much experienced all the intricacies of all issues related to financing and development of commercial real estate.
Because of his unique blend of transactional and litigation skills, Jay knows how and where to protect a client's interest. Jay has earned the respect of his peers in his election to the select American College memberships and state exemplary select groups; however, it is the respect and admiration of his clients that motivates Jay in his practice.
A client sums up his contribution in this way: Jay understands the value of my time. He never wastes my time on trivial matters. He understands my business and has my complete trust. I do not solicit business advice from professionals but in Jay's case, I make an exception because he has seen it all and knows what works.
•Listed in Best Lawyers in America for Real Estate Law, Litigation-Real Estate, and Eminent Domain and Condemnation Law since 2001
•North Carolina Super Lawyers for Real Estate Law (2006-2015)
•Elite Lawyers of North Carolina (2004, 2006-2009)
•Named in Business North Carolina's Legal Elite in Real Estate Law (2009)
Speaking & Writing
•Avoiding the Fiduciary Duty Trap: Lessons Learned and Practical Tips
October 1, 2014
•Deficiency Judgment Cases In North Carolina Just Got A Lot More Complex
September 25, 2015
Author of many articles for American College of Real Estate Lawyers and North Carolina Bar Association on secured lending and land use. I am a co-author of a national publication: State by State Guide to Commercial Real Estate Leases.
Outside Nexsen Pruet
Volunteer & DIY-er
My passion is building. I have participated in building over 20 houses for Habitat for Humanity in Greensboro, New Orleans and Las Vegas. I also spend a good deal of my free time re-building decks, docks, bathrooms and related projects of my own.
|Reported Cases||Notable: Jay's recent successes include: Successfully defended a multi-million dollar lender liability lawsuit brought by one of the State's most aggressive plaintiff's lawyers and secured a multi-million dollar judgment on a counterclaim for my bank client against the plaintiffs.; Closed a 40 million dollar acquisition and development loan for a national retailer distribution facility, including state and local incentives.|
Documents by this lawyer on Martindale.com
Deficiency Judgment Cases In North Carolina Just Got A Lot More Complex
Jay DeVaney,Brian T. Pearce, October 7, 2015
A question that continually arose during the foreclosure deficiency actions that were spurred by the recent “Great Recession,” was whether or not a guarantor on a loan could raise the “defense” offered in N.C. Gen. Stat. § 45-21.36. The statute, thought to apply by its...
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