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    Ann Arbor, MI 48104
    T 734-761-3780
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competitive drive
 

Nicholas P. Scavone, Jr.

Member,Detroit

T 313-393-7580F 313-393-7579313-393-7580

competitive drive
Practices & Industries
Education
  • Indiana University School of Law, J.D., cum laude
  • University of Michigan, A.B.
Admissions
  • Michigan
Professional Affiliations
  • American Bar Association
  • State Bar of Michigan
Overview

Mr. Scavone is chair of Bodman’s Real Estate Practice Group. He has represented banks and other financial institutions in a wide variety of complex, multi-million dollar, secured loans and other financial arrangements involving real estate.

Such financings include mortgage loans, land acquisitions and development loans, and construction financing for projects as diverse as shopping centers, apartment projects, office buildings, manufacturing facilities, residential developments, golf courses, ski resorts, and gas stations.  Mr. Scavone also represents lenders in direct and syndicated mortgage warehousing lines of credit.

Mr. Scavone also has extensive experience with commercial real estate loan workouts, foreclosures, receiverships, deeds in lieu of foreclosure, and sales of REO.

In addition to banking and finance matters, Mr. Scavone represents clients in complex real estate transactions, including purchases and sales for cash, on land contract, with seller financing or otherwise, involving real estate from single family homes to multi-million dollar commercial properties.  He has handled numerous commercial leases for landlords and tenants, including leases of office, retail and manufacturing space, ground leases, and subleases.  He has represented owners and developers in construction related matters.

Mr. Scavone is a member of the State Bar of Michigan (Real Property Law and Business Law Sections) and the American Bar Association (Real Property Law Section).  He is Vice Chair of the Council of the Real Property Law Section of the State Bar and a member of the Michigan Land Title Standards Committee. He is listed in The Best Lawyers in America 2017 under Banking and Finance Law and Real Estate Law, Chambers USA: America’s Leading Lawyers for Business 2017 under Real Estate, and Michigan Super Lawyers 2016 under Real Estate.  He is listed as a 2017 “Top Lawyer” by DBusiness magazine and is AV® Peer Review Rated by Martindale-Hubbell.

Honors, Awards, and Recognition
  • The Best Lawyers in America® 2007-2017, Banking and Finance Law and Real Estate Law
  • Chambers USA 2017
  • DBusiness Magazine "Top Lawyers" 2009-2017
  • Michigan Super Lawyers 2007-2016, Real Estate
  • Martindale-Hubbell® AV Preeminent® Peer Rated for Highest Level of Professional Excellence; Endorsed for High Ethical Standing
Professional Activities
  • American Bar Association
    • Section of Real Property, Trust and Estate Law
  • State Bar of Michigan
    • Business Law Section, Member
      • Michigan Land Title Standards Committee
    • Real Property Law Section, Vice Chair of Council

 

Practices & Industries Education
  • Indiana University School of Law, J.D., cum laude
  • University of Michigan, A.B.
Admissions
  • Michigan
Professional Affiliations
  • American Bar Association
  • State Bar of Michigan