Professional Experience Timi Hallem's expertise focuses on all areas of real property and land use, including hospitality, commercial, industrial, residential, public/private development and mixed-use projects. Her practice covers all aspects of real property and hotel ownership and development, including acquisition, entitlement, development, financing, leasing and disposition. Representative Client Matters Hotel developer in developing resort and conference hotels in California and other western states, including obtaining all governmental approvals required for Terranea, a 582-room hotel to be located on 102 acres overlooking the Pacific Ocean, and negotiating the ground lease and all loan and other documents for Estancia La Jolla, a 210-room conference hotel located on the campus of University of California, San Diego. Lowe Enterprises, Inc., in the negotiating and documentation of the restructure of $350 million of first and mezzanine loans secured by Terranea. Purchaser of the 25,000-acre Cojo and Jalama Ranches in Santa Barbara County, which include nine miles of Pacific coastline. Developer in negotiating the Disposition and Development Agreement, Development Agreement and other documents needed for the purchase from the La Quinta, California, Redevelopment Agency of sites to be developed with two new hotels and a retail center in the SilverRock area of La Quinta. Developer in the acquisition, repositioning, reentitlement and redevelopment of a 105-acre, $150 million former manufacturing facility in Hawthorne, California, and negotiating and documenting the development agreement for the project, which provided zoning unavailable elsewhere in the city. Developer in negotiation and documentation of major mixed-use developments, including negotiating development agreements and related entitlement documents with cities, including a 39-acre site in Brea, California, developed with office and retail uses, a 20-acre site in Santa Monica, California, developed with office, residential and retail uses, and a project in the civic center area of Azusa, California. Developer in drafting and negotiating a purchase and loan documents and the development agreement for an exclusive golf course and residential development in Palm Desert, California. The Trustees of the California State University in connection with documenting the terms and conditions of development by a private entity of the Home Depot Center, a new soccer stadium, tennis stadium, USSF training facilities and other athletic facilities on the campus of CSU, Dominguez Hills, including ground leases, an implementation agreement, a joint use agreement and multiple other agreements governing the site. Developer in the acquisition, development and leasing of a $100 million 30-acre "build-to-suit" corporate campus developed with 440,000 square feet in Irvine, California. A $250 million development fund between a developer and a major pension fund manager in acquiring and developing speculative real estate projects nationwide. Ground lessee in negotiating and documenting a ground lease of vacant land from a church for development with a 1-million-square-foot new residential, office and retail complex. Canadian investment company in negotiating a long term lease for an office/research complex in Rancho Bernardo, California. Memberships & Activities Member, Urban Land Institute, Sustainable Development Council, 2006-2011. Member, Planning and Program Committees, USC Gould School of Law/LACBA Benjamin S. Crocker Symposium on Real Estate Law and Business, 2007-2010. Member of the Board, SoCal Chapter, NAIOP, 2000-2009. Member, City of Los Angeles, Industrial Development Policy Advisory Committee, 2003, 2004. Member, Los Angeles County Child Care Advisory Board, 1989-1996. President, Santa Monica-Malibu Education Foundation, 1988-1993. Director, Alumnae Association of Smith College, 1985-1988. State Bar of California Conference of Delegates Executive Committee, 1981-1984. Trustee, Los Angeles County Bar Association, 1979-1981. Women Lawyers' Association, President, 1979-1980; Board, 1973-1981. Honors & Awards Named One of SoCal's Most Influential Women in Real Estate by Real Estate Southern California, 2000-2006. The Best Lawyers in America, 2006-2012. Speaking Engagements 2010--"The Distressed Hotel Market," IMN Western Distressed Commercial Real Estate Forum, Los Angeles, California.; "How Do Banks Treat Distressed Hotel Properties," IMN Banker's Forum on Distressed Properties and Real Estate Loan Workouts, New York, NY. 2009--"Steering Through Economic Uncertainties," AAHOA Annual Convention. 2008--"Two Heads Are Better Than One: Evaluating Joint Ventures for Distressed Assets," IMN Symposium on Distressed Real Estate; "Investment in Ethnic Communities: A Compelling Opportunity for New Investment," USC Gould School of Law 2008 Symposium on Real Estate Law & Business; "Joint Venture & Equity Solutions," Distressed Real Estate Symposium. 2007--"Condominium Hotels - What Can Go Wrong and What to Do When It Does," IMN Condominium Hotel Conference; "Critical Issues for 2007," at the USC Gould School of Law Institute, Los Angeles County Bar Association Benjamin S. Crocker Symposium on Real Estate Law and Business. |