Timothy W. Grooms: Lawyer with Quattlebaum, Grooms & Tull PLLC

Timothy W. Grooms

Managing Member
Little Rock,  AR  U.S.A.
Phone501-379-1713

Peer Rating
 5.0/5.0
AV® Preeminent

Client Rating

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Experience & Credentials Ratings & Reviews
 

Practice Areas

  • Banking
  • Real Estate
  • Entity Creation and Governance
  • Mergers and Acquisitions
  • Commercial Transactions
 
University University of Arkansas at Little Rock, B.A., magna cum laude, 1981
 
Law SchoolUniversity of Arkansas at Little Rock School of Law, J.D., with high honors, 1984 Board of Editors, University of Arkansas at Little Rock Law Journal, 1982 - 1984
 
Admitted1984, Arkansas
 
Memberships 

Associations and Affiliation

Member, American Bar Association, Arkansas Bar Association, and Pulaski County Bar Association; Member, American College of Real Estate Lawyers and International Council of Shopping Centers; fellow, American College of Mortgage Attorneys; Member, University of Arkansas at Little Rock William H. Bowen School of Law Dean's Advisory Council

 
Biography

Mr. Grooms is a founding member of Quattlebaum, Grooms & Tull PLLC. He represents banks, health care managers, real estate developers, real estate brokers, and other clients in a variety of transactional matters. Mr. Grooms has substantial experience in real estate and general commercial lending transactions and has been frequently involved in matters of eminent domain. He has negotiated hundreds of retail, office and commercial space leases on behalf of major national retailers and numerous developers, landlords and tenants throughout Arkansas and the Mid-South. As counsel to lenders and developers, Mr. Grooms has experience with Low Income Tax Credit, New Markets Tax Credit, and Historic Tax Credit Transactions.

Mr. Grooms is a member of the American College of Real Estate Lawyers (ACREL), a fellow in the American College of Mortgage Attorneys (ACMA), a member and former officer in the state chapter of the International Council of Shopping Centers (ICSC). He serves as counsel to numerous banking and real estate industry groups, including the Arkansas Community Bankers, Arkansas Rural Rental Housing Association, Arkansas REALTORS Association (including numerous local REALTOR boards), and the state chapter of the Building and Office Management Association (BOMA).

Among completed transactions, Mr. Grooms lists numerous retail shopping center developments, mixed-use horizontal property regimes, apartment complexes (including units providing low income housing), office buildings, educational institutions, hotels, hospitals, related clinics and ancillary facilities, and charitable non-profit developments. Mr. Grooms serves as legal counsel to Arkansas’s premier sports and entertainment facility, Verizon Arena in North Little Rock. He assisted with property assemblage and condemnation and later handled all other legal aspects for the Arena, including construction, management, and operational matters. Mr. Grooms was real estate development counsel for Heifer Project International regarding land acquisition and development of its present World Headquarters and he represented the owners of the present site of the William Jefferson Clinton Presidential Park in downtown Little Rock, Arkansas. In 2009, Mr. Grooms participated in the financing of a new addition to the Arkansas Technology and Research Park in Fayetteville, Arkansas, including utilization of New Markets Tax Credits and recently represented the lender and tax credit investor regarding expansion of Arkansas Baptist College and redevelopment of the Chancellor Hotel in Fayetteville. In 2013, the “Mann on Main” redevelopment of mixed use retail, office and condominium projects went “on line” with the assistance of Mr. Grooms and use of New Markets and Historic Tax Credits. The premiere office and entertainment complex known as the “Arcade Building” opened in 2014, accomplished in a public-private partnership between the Central Arkansas Library System and a group of private investors, owners and tenants. This development in the River Market will complement other projects Mr. Grooms represented as legal counsel including River Market Tower, the First Security Building, Third and Commerce and 300 Third, all mixed-use condominium projects in the River Market area of Little Rock, Arkansas.

Mr. Grooms is a frequent lecturer to title, banking, real estate, real estate brokerage, and construction industry groups and industry regulators. Topics have included bank and bank holding company regulatory issues, bankruptcy issues affecting real estate, title insurance law and other issues of interest to real estate lenders, contractors, appraisers, title agents, developers, and brokers. He is a frequent presenter at state ICSC events on lease negotiations for both landlords and tenants. He has spoken to numerous Arkansas groups, including the state chapters of Building and Office Management Association (BOMA) and the Institute of Real Estate Management (IREM), Arkansas Bar Association, Arkansas REALTORS Association, Arkansas Bankers Association, Arkansas Community Bankers Association, and numerous other groups relating to development, leasing, and lending negotiations.

Mr. Grooms was actively involved in drafting the Arkansas statutory landlord - tenant code and authored the state's most widely published work on landlord tenant law, published by the Arkansas REALTORS Association.

Mr. Grooms received the highest score on his state’s bar examination in 1984, the year of his admission to practice law. Mr. Grooms has been recognized by local publications (Arkansas Times; Arkansas Business) and nationally recognized legal directories (The Best Lawyers in America, 1999 - Present; Chambers and Partners’ Directory of America’s Leading Business Lawyers, 2003 - Present; Mid-South Super Lawyers, 2006 - Present) as among the best lawyers in the State of Arkansas and the nation.

Charitable Organizations

Member, Fifty for the Future

Member, Baptist Health Foundation Board of Directors

Additional Licenses

Arkansas Real Estate Broker (1977 - present) (inactive)

 
ISLN906851898
 


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Office Information

Timothy W. Grooms

111 Center Street, Suite 1900
Little RockAR 72201-4403




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