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Marcia Owens: Lawyer with Edwards Wildman Palmer LLP

Marcia Owens

LinkedIn
Partner
Chicago,  IL  U.S.A.
Phone312.201.2541

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Experience & Credentials
 

Practice Areas

  • Business Law
  • Real Estate
  • Tax Creditsdits & Syndication
  • Restructuring & Insolvency
  • Tax, Benefits & Compensation
 
University University of Iowa, B.B.A., Economics, with honors/high distinction
 
Law SchoolUniversity of Iowa, J.D. Order of the Coif, Note & Comment Editor, Iowa Law Review
 
Admitted1998, Illinois; Supreme Court of Illinois; U.S. District Court, Northern District of Illinois
 
LanguagesFrench
 
BornCedar Rapids, Iowa, October 11, 1973
 
Biography

Marcia Owens is a partner at Edwards Wildman and a member of the Women's Initiative. Marcia represents clients in all aspects of real estate, from finance and workouts to leasing and development. Marcia has experience in office, industrial and mixed use transactions, with a particular concentration in retail development and leasing, but currently focuses her practice on the restructuring and workout of loans and the disposition of distressed assets. Marcia has extensive experience in real estate acquisition and disposition, including vacant, improved or income-producing assets, complex debt and equity financing, retail leasing, including the negotiation of leases with national department stores, big box retailers, junior anchors, grocery stores and national small shop tenants, and the drafting and negotiation of complex development and reciprocal easement agreements, as well as listing and property management agreements. Her experience spans the country, representing clients with transactions in states such as Illinois, Indiana, Wisconsin, Missouri, Kansas, Oklahoma, South Carolina, Texas, Arizona, Colorado, California, Minnesota, Ohio and Kentucky. Marcia not only has the technical experience necessary for a transaction, but prides herself in partnering with her clients to implement the strategies necessary to get a deal done.

Notable Experience

· Represented a developer in an approximately $145 million refinance of an historic loop office tower using a combination of public and private financing including TIF funds, a stimulus grant, tax credits and municipal bonds.

· Represented regional bank as senior leverage lender in a refinance transaction to restructure an existing mortgage loan using new markets tax credits.

· Represented local bank in connection with the disposition and development of an approximately 50 acre mixed use development with town home, condominium and commercial parcels.

· Represented national bank in the restructuring of a distressed loan through a national sale and finance transaction.

· Represented national bank regarding strategy for restructuring a participating interest in a loan.

· Negotiated deed-in-lieu of foreclosure agreements and sales of REO properties on behalf of local, midsize and national banks.

· Represented retail developer in the leasing and development of a 250,000-square-foot power center plus five outlot pads in the Chicagoland metropolitan area, including the negotiation of a ground lease with site development components and reciprocal easement and maintenance agreements with a national home improvement retailer and construction loan and mezzanine financing in excess of $40,000,000.

· Represented a joint venture in the assemblage of 13 commercial and residential properties for the development of a regional shopping center, including the acquisition and construction financing, sale to a national discount retailer, sale of outlot pads and retail leasing.

Other Distinctions

Licensed Illinois Real Estate Broker

Alta May Hulett Award

Today's Chicago Woman -- Top 100 Women Making a Difference

Illinois Super Lawyers

Recent Speaking Engagements and Publications

· Speaker, Illinois Real Estate Journal 2011 Forecast Conference, January 2011.

· Co-Author, "Public Private Partnerships-Programs to Help Complete the Capital Stack," Client Bulletin, January 2011.

· Panelist, "Balancing Acts," Ms. JD Third Annual Conference of Women in Law, November, 2009.

· Moderator and Panelist, "Expanding the Capital Stack: Alternative Approaches to Financing Development," In-house Seminar, June 2009.

· Co-Author, "Crime and Shopping Centers: Security Factors for Landlords to Consider, Retail Law Strategist, Vol. 9, Issue 2, February 2009.

· Co-Author, "Changes in the wake of Lane Bryant: security factors for landlords to consider," Illinois Real Estate Journal, November 2008.

· Author, "Chicago's Real Property Transfer Tax to Increase by 40% on April 1, 2008," Client Bulletin, February 2008.

· Speaker, ICSC Idea Exchange, February 2007.

News & Publications

January 19, 2011, Public Private Partnerships-Programs to Help Complete the Capital Stack

Memberships

· American Bar Association

· Kohl Children's Museum of Greater Chicago, Secretary of the Board of Trustees, Chair of Marketing Committee, Compensation and Benefits Committee

· International Council of Shopping Centers

· Coalition of Women's Initiatives in Law Firms in Chicago, Director and Community Outreach Committee Co-chair, Past Secretary

· Step Up Women's Network, Luminary Circle Member

· Chicago Bar Association Alliance for Women

Besides Edwards Wildman

Marcia was born and raised on a small family farm in central Iowa and remains an avid Hawkeye fan. She is married with three children and resides in Glenview, Illinois, where she serves on the PTA at Lyon Elementary School and chairs a committee of the parents' organization at her children's daycare facility. On a pro bono basis, Marcia represents the Friends of Coonley School, a not-for-profit organization operating for the benefit of the John C. Coonley School in Chicago, Illinois. She was the recipient of the 2011 Chicago Bar Association Alliance for Women Alta May Hullett Award. Marcia was named a 2012 Illinois Rising Star in Superlawyers magazine.

Marcia Owens is a partner at Edwards Wildman and a member of the Women's Initiative. Marcia represents clients in all aspects of real estate, from finance and workouts to leasing and development. Marcia has experience in office, industrial and mixed use transactions, with a particular concentration in retail development and leasing, but currently focuses her practice on the restructuring and workout of loans and the disposition of distressed assets. Marcia has extensive experience in real estate acquisition and disposition, including vacant, improved or income-producing assets, complex debt and equity financing, retail leasing, including the negotiation of leases with national department stores, big box retailers, junior anchors, grocery stores and national small shop tenants, and the drafting and negotiation of complex development and reciprocal easement agreements, as well as listing and property management agreements. Her experience spans the country, representing clients with transactions in states such as Illinois, Indiana, Wisconsin, Missouri, Kansas, Oklahoma, South Carolina, Texas, Arizona, Colorado, California, Minnesota, Ohio and Kentucky. Marcia not only has the technical experience necessary for a transaction, but prides herself in partnering with her clients to implement the strategies necessary to get a deal done.

Notable Experience

· Represented a developer in an approximately $145 million refinance of an historic loop office tower using a combination of public and private financing including TIF funds, a stimulus grant, tax credits and municipal bonds.

· Represented regional bank as senior leverage lender in a refinance transaction to restructure an existing mortgage loan using new markets tax credits.

· Represented local bank in connection with the disposition and development of an approximately 50 acre mixed use development with town home, condominium and commercial parcels.

· Represented national bank in the restructuring of a distressed loan through a national sale and finance transaction.

· Represented national bank regarding strategy for restructuring a participating interest in a loan.

· Negotiated deed-in-lieu of foreclosure agreements and sales of REO properties on behalf of local, midsize and national banks.

· Represented retail developer in the leasing and development of a 250,000-square-foot power center plus five outlot pads in the Chicagoland metropolitan area, including the negotiation of a ground lease with site development components and reciprocal easement and maintenance agreements with a national home improvement retailer and construction loan and mezzanine financing in excess of $40,000,000.

· Represented a joint venture in the assemblage of 13 commercial and residential properties for the development of a regional shopping center, including the acquisition and construction financing, sale to a national discount retailer, sale of outlot pads and retail leasing.

Other Distinctions

Licensed Illinois Real Estate Broker

Alta May Hulett Award

Today's Chicago Woman -- Top 100 Women Making a Difference

Illinois Super Lawyers

Recent Speaking Engagements and Publications

· Speaker, Illinois Real Estate Journal 2011 Forecast Conference, January 2011.

· Co-Author, "Public Private Partnerships-Programs to Help Complete the Capital Stack," Client Bulletin, January 2011.

· Panelist, "Balancing Acts," Ms. JD Third Annual Conference of Women in Law, November, 2009.

· Moderator and Panelist, "Expanding the Capital Stack: Alternative Approaches to Financing Development," In-house Seminar, June 2009.

· Co-Author, "Crime and Shopping Centers: Security Factors for Landlords to Consider, Retail Law Strategist, Vol. 9, Issue 2, February 2009.

· Co-Author, "Changes in the wake of Lane Bryant: security factors for landlords to consider," Illinois Real Estate Journal, November 2008.

· Author, "Chicago's Real Property Transfer Tax to Increase by 40% on April 1, 2008," Client Bulletin, February 2008.

· Speaker, ICSC Idea Exchange, February 2007.

News & Publications

January 19, 2011, Public Private Partnerships-Programs to Help Complete the Capital Stack

Besides Edwards Wildman

Marcia was born and raised on a small family farm in central Iowa and remains an avid Hawkeye fan. She is married with three children and resides in Glenview, Illinois, where she serves on the PTA at Lyon Elementary School and chairs a committee of the parents' organization at her children's daycare facility. On a pro bono basis, Marcia represents the Friends of Coonley School, a not-for-profit organization operating for the benefit of the John C. Coonley School in Chicago, Illinois. She was the recipient of the 2011 Chicago Bar Association Alliance for Women Alta May Hullett Award. Marcia was named a 2012 Illinois Rising Star in Superlawyers magazine.

Memberships

· American Bar Association

· Kohl Children's Museum of Greater Chicago, Secretary of the Board of Trustees, Chair of Marketing Committee, Compensation and Benefits Committee

· International Council of Shopping Centers

· Coalition of Women's Initiatives in Law Firms in Chicago, Director and Community Outreach Committee Co-chair, Past Secretary

· Step Up Women's Network, Luminary Circle Member

· Chicago Bar Association Alliance for Women

 
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Profile Visibility
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Office Information

Marcia Owens
Edwards Wildman Palmer LLP
225 West Wacker Drive, Suite 3000
Chicago, IL 60606




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