Ilene has over 20 years of experience handling a full range of commercial real estate transactions and commercial lending. She regularly represents financial institutions and borrowers in permanent mortgage loan, construction loan and conduit loan transactions secured by all asset classes and has experience originating loans intended for securitization. Her financing experience also includes foreclosures, workouts and restructuring of existing loans.
In addition, Ilene routinely provides counsel on a variety of commercial real estate matters including representing local, regional and national clients in connection with the acquisition, development and sale of commercial properties; retail, office and industrial leasing; and the formation of residential and mixed-use condominiums.
While earning her law degree at the University of Baltimore School of Law, Ilene was an editor of the Law Review, a member of the Moot Court Board and a member of the Heuisler Honor Society.
Experience
- Representation of a commercial real estate lender in connection with its origination of dozens of CMBS 2.0 loans.
- Representation of US-based brokerage and securities arm of a leading global bank in connection with its origination of CMBS 2.0 loans.
- Representation of active CMBS 1.0 issuer in connection with its loan originations (core member of group of McGuireWoods attorneys that, along with a team from one other law firm, represented the originator on all of its transactions during its multi-year program).
- Representation of a life insurance company in connection with its origination of both construction and permanent mortgage loans.
- Representation of a purchaser of more than 200 Exxon service stations located in Maryland, Delaware and Virginia.
- Representation of a national big box home improvement retailer in connection with its site acquisition efforts in the Southeast and Mid-Atlantic United States.
- Representation of a purchaser in connection with its acquisition and financing of a $140 million class A apartment building in Arlington, Virginia.
- Representation of a national consumer electronics retailer in connection with its leasing activities.
- Representation of a developer in connection with its formation of residential and mixed-use condominiums in the State of Maryland.
- Representation of an aerospace and defense contractor in connection with its nationwide office and industrial leasing activities.
- Representation of a seller of more than 150 gas stations located in Maryland, North Carolina and Virginia.
- Representation of a purchaser of $70 million retail shopping center.
- Representation of a national men’s apparel retailer in connection with its nationwide leasing activities.
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University of Baltimore School of LawJD
summa cum laude; Manuscripts Editor, University of Baltimore Law Review
1999 - Lehigh UniversityBS1991
Member, Maryland Bar Association
Member, Real Property, Probate and Trust Law Section, American Bar Association
Member, Lawyer’s Campaign Executive Committee, CollegeBound Foundation
Former Member, Commercial Real Estate Women (CREW)
- Author, Breaking Maryland News: Effective as of July 1, 2012 Recordation Tax Will Be Charged Upon Recordation of Most Indemnity Deeds of Trust, McGuireWoods Legal Alert, May 23, 2012
- Author, Sign of the Times: Credit Enhancement with Letters of Credit in Real Estate Contracts, McGuireWoods Legal Alert, September 22, 2011
- Author, Comment Period Ends Soon for Virginia Stormwater Rules, McGuireWoods Legal Alert, April 20, 2011
- Author, Leasing Practice Point – Exclusivities, McGuireWoods Legal Alert, February 1, 2011
- Author, Confidentiality, Privilege Issues Sometimes Overlooked in Note Sales, McGuireWoods Legal Alert, January 28, 2011
- Author, Judicial Foreclosure, McGuireWoods Legal Alert, December 3, 2010
- Author, Lender Considerations when GSA is a Tenant, McGuireWoods Legal Alert, September 1, 2010
- Author, Leasing Practice Point: Signage and Advertising, McGuireWoods Legal Alert, August 12, 2010
- Author, Reconsider Recording Leases, McGuireWoods Legal Alert, June 8, 2010
- Author, ILSFDA and the Single Family Residence Exemption, McGuireWoods Legal Alert, May 18, 2010
- Author, Sellers of Undeveloped Residential Lots to Individual Purchasers May Face Serious Consequences for Violation ILSFDA and Similar State Statutes, McGuireWoods Legal Alert, April 20, 2010
- Author, Landlord Liability in Virginia for Damage to Tenant Inventory Caused by Leaking Roof, McGuireWoods Legal Alert, February 16, 2010
- Author, In the Event of a Landlord Bankruptcy, McGuireWoods Legal Alert, June 11, 2009
- Maryland
Selected for inclusion in The Best Lawyers in America, Real Estate Law, Woodward/White, Inc., 2013-2025