Wade R. Budge

Wade R. Budge: Attorney with Snell & Wilmer L.L.P. AV stamp icon
  • Partner at Snell & Wilmer L.L.P. (433 Attorneys)
  • Gateway Tower West, 15 West South Temple, Suite 1200, Salt Lake City, UT 84101
    View Wade R. Budge's office location
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    4.5/5.0 (15)
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Attorney Awards

Biography

Wade R. Budge is a land use and real estate lawyer with significant experience advising developers and owners in all aspects of real estate development. He has negotiated entitlements for master planned communities, industrials projects, retail centers, office buildings, subdivisions and mountain resorts throughout Utah. He also regularly represents clients in the use, acquisition and disposition of real estate projects throughout the western United States. Wade has advised developers in obtaining public incentives and using public finance tools, including tax increment financing, to facilitate new and redevelopment projects and regularly advises clients with government relations matters involving state and local governments.

Representative Presentations and Publications

• Changing the Focus: Managing State Trust Lands in the Twenty-First Century, 19 Journal of Land Resources and Environmental Law 223 (1999)

Professional Recognition and Awards

•Chambers USA: America's Leading Lawyers for Business, Real Estate (2018)
•The Best Lawyers in America, Land Use & Zoning Law, Real Estate Law (2013-2019)
•Salt Lake City Lawyer of the Year, Land Use & Zoning Law (2013)
•Mountain States Super Lawyers, Land Use/Zoning (2018)
•Mountain States Super Lawyers, Rising Stars Edition, Land Use/Zoning (2008, 2010-2011)
•Utah's Legal Elite: Natural Resources, Land Use/Environmental (2004-2011), Real Estate (2012-2019), Utah Business Magazine

Community Involvement

•Carden Memorial Foundation Board of Directors (2018-present)

Related News & Events

Aug 15
139 Snell & Wilmer Lawyers Listed as Leaders in Their Fields by The Best Lawyers in America 2019 Eleven Snell & Wilmer attorneys recognized as a 2019 Lawyer of the Year

Jun 11
Mountain States Super Lawyers 2018 Recognizes 21 Utah Snell & Wilmer Attorneys

May 03
Chambers USA 2018 Recognizes Snell & Wilmer in Multiple Categories and Names 46 Attorneys as Leaders in Their Field

Feb 01
Utah Legal Elite Recognizes 23 Snell & Wilmer Attorneys

Aug 15
The Best Lawyers in America 2018 Lists 133 Snell & Wilmer Lawyers as Leaders in Their Field

Feb 01
Utah Legal Elite Recognizes 27 Snell & Wilmer Attorneys

Aug 15
The Best Lawyers in America 2017 Lists 125 Snell & Wilmer Lawyers As Leaders In Their Field In addition, 15 Snell & Wilmer attorneys recognized as a 2017 “Lawyer of the Year”

Mar 18
Utah Legal Elite Recognizes 23 Snell & Wilmer Attorneys

Aug 17
The Best Lawyers in America 2016 Lists 128 Snell & Wilmer Lawyers as Leaders in their Field In addition, 19 Snell & Wilmer attorneys recognized as a 2016 “Lawyer of the Year”

Feb 12
25 Snell & Wilmer Attorneys Named to 2015 Utah Legal Elite

Aug 18
The Best Lawyers in America 2015 Lists 123 Snell & Wilmer Lawyers as Leaders in Their Field

Aug 19
The Best Lawyers in America 2014 Recognizes 119 Snell & Wilmer Attorneys as Leaders in Their Field

Feb 22
17 Snell & Wilmer Attorneys Named to 2013 Utah Legal Elite

Sep 18
Best Lawyers in America Names 18 Snell & Wilmer Attorneys as Lawyers of the Year

Sep 04
The Best Lawyers in America 2013 Recognizes 114 Snell & Wilmer Attorneys as Leaders in Their Field

Jan 05
15 Snell & Wilmer Attorneys Named to 2012 Utah Legal Elite

Jun 20
Super Lawyers 2011 Recognizes 74 Snell & Wilmer Attorneys Also Names 21 Firm Attorneys to the 2011 Rising Stars List

Related Publications

Dec 19
Under Construction - December 2012

May 05
Legal Alert: New Wetlands Guidance Means More Projects will Require Permits

Areas of Practice (10)

  • Construction
  • Environmental and Natural Resources
  • Government Relations
  • International
  • Mining Industry Services
  • Oil and Gas
  • Real Estate
  • Real Estate Litigation
  • Water and Water Rights
  • Zoning and Land Use

Education & Credentials

Contact Information:
801.257.1906  Phone
www.swlaw.com
University Attended:
Brigham Young University, B.A., 1996
Law School Attended:
University of Utah, S.J. Quinney College of Law, J.D., William H. Leary Scholar, 1999
Year of First Admission:
1999
Admission:
Supreme Court of Utah; United States District Court, District of Utah; Utah
Memberships:

Professional Memberships and Activities

•Urban Land Institute (2018-present)
•Utah Land Use Institute, Board Member (2018-present)

Languages:
Spanish
Birth Information:
San Jose, California, 1971
Reported Cases:
Representative Experience: Negotiated and represented seller on an approximately $40,000,000 transaction to sell over 1,300 acres of undeveloped open space land located between two major ski areas and three resorts for use as a public and private year round recreational area.; Acted as lead counsel in representing one of the largest nationwide automotive groups in acquiring and developing dealership properties and portfolio in eight states.; Advised and represented developer/owner of a significant, multi-billion dollar retail, housing, and office project on obtaining entitlements and agreements for development from local regulating authorities.; Represented property owners and sports teams in drafting zoning ordinances and associated development approvals for professional sports arenas, practice facilities and stadiums in multiple cities along the Wasatch front.; Negotiated increment incentive agreement for retail business locating a new, approximately $90,000,000 business complex in a growing Wasatch front city.; Advised multi-family developer on multiple projects involving tax increment financing to support affordable housing projects.; Represented world renowned ski resort in obtaining permits and approvals required for an extension of resort area boundaries into significant ski terrain and associated development.; Negotiated entitlements and ski resort use and access rights in connection with multiple hotel and condominium projects with local governments on behalf of developers. .; Represented developer of a 1,300 unit master planned community and commercial area in obtaining entitlements in Summit County, including negotiating affordable housing, public amenities and community benefits.; Represented owner of Utah's premier golf community in negotiating with governmental entity for approvals for development from local, state and federal regulators.; Represented multiple developer and property owners on lobbying Utah legislature regarding laws affecting retail center operators, public financing, real estate transactions and development.; Represented school developers and both public and private schools in entitling new school sites within residential neighborhoods.; Advised and represented financial institutions on sales of many hundreds of millions of dollars of real estate owned through foreclosure or deed in lieu negotiations.
ISLN:
914478902
Transactions:
Representative Transactions: Secondary Markets; 275 million private receivables securitization for a large private transportation company; 250 million private receivables securitization for a large national trucking public company; 15 private sub-prime retail installment contract securitizations, with pool sizes ranging from approximately 150 million to 300 million for a large national auto dealer and finance company; true sale opinions delivered (March 2004 through present); Negotiation of mortgage loan purchase agreements and associated trade documents for whole-loan mortgage sales, with pool sizes ranging from approximately 150 million to 300 million (March 2004 through present); Over 70 public residential prime mortgage-backed and asset-backed securitizations, with pool sizes ranging from approximately 150 million to 1.25 billion; true sale opinions delivered (January 2001 through March 2004); Credit Facilities and Debt Offerings; 200 million senior secured notes for an integrated car sales and financing company; 125 million revolving CP financing facility (sub-prime retail installment contracts); 50 million revolving CP financing facility (sub-prime retail installment contracts); 350 million term and revolving CP facility financing facility (receivables and residual interests); 150 million revolving CP financing facility (sub-prime retail installment contracts); 500 million asset-based financing facility (sub-prime retail installment contracts); 60 million secured inventory facility (automobile inventory); 60 million securities repurchase facility (securitized bonds); 1.1 billion warehouse facility refinancing and recapitalization; 50 million new markets tax credits financing for a boutique hotel; 135 million private unsecured notes exchange offering; 50 million note and warrant purchase transaction; 202 million acquisition and development loan for state fund land purchase; Flow gestation bulk sales facility (sub-prime residential mortgages); Flow gestation bulk sales facility (CRA mortgages); Flow early purchase facility (Alt-A residential mortgages); 550 million unsecured revolving credit facility; Flow gestation bulk sales facility (Alt-A residential mortgages); 80 million private unsecured notes offering; 200 million secured warehouse facility (Alt-A residential mortgages); 175 million secured warehouse facility (sub-prime retail installment contracts); 75 million secured residual facility (securitization residual interests); 45 million secured inventory facility (automobile inventory); 200 million secured warehouse facility (Alt-A residential mortgages)

Peer Reviews

Documents (1)

Documents by this lawyer on Martindale.com

Affiliations

Lex Mundi

Salt Lake City, Utah

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