Lori Bowman primarily engages in matters relating to commercial real estate development and financing. She regularly represents institutional lenders and developers in construction and bridge and permanent financing for commercial, manufacturing, industrial, retail, office, warehouse and residential projects with both conventional financing and tax-exempt bonds.
I primarily represent commercial banks, investment banks, insurance companies and other financial institutions in complex structured real estate finance transactions. These include mortgage loans as part of securitizations, and mezzanine, construction, and bridge loans for properties such as hotels, retail, office, multifamily housing and industrial sites. Most recently, I provided real estate lender services to Citigroup Global Markets Inc. in connection with a $1.8 billion fertilizer plant in Wever, Iowa. The recent downturn resulted in a lot of workout and restructuring work, in which I helped clients purchase and sell performing and non-performing debt in the secondary market.
Another aspect of my practice encompasses development. I represent developers in planning, developing, constructing and financing a variety of projects, including college and university projects. Recently, I worked with a team that closed an approximately $68 million bond transaction for The City University of New York to help finance the construction and development of student housing units and related facilities for the College of Staten Island.
We have been closely following the commercial lending markets and, aside from the change in terms of credit performance and risk assessment for borrowers, have seen an increase in loan originations—an increase I expect will continue.
University at Buffalo, School of Law, J.D.
State University of New York at Geneseo, B.S.
Lori has been recognized for exceptional standing in the legal community in Chambers USA: America’s Leading Lawyers for Business 2018 for Real Estate (New York (Upstate)). She has also been recognized in Chambers in previous years.
Lori Bowman is a member of the New York State and Monroe County bar associations. She is also a member of the Greater Rochester Association for Women Attorneys.