Gregory J. Ross, a partner, joined Tenenbaum & Saas in November, 2002, returning to the D.C. area after 15 years of practice in North Carolina and Ohio.
In Charlotte, the second-largest banking center in the U.S., Greg was a partner at a large state-wide firm with a varied practice, including representing lenders in restructuring troubled credits, liquidating OREO properties, mezzanine lending, and commercial loans. In addition, Greg represented corporate clients in mergers and acquisitions, including purchasing troubled assets, and in corporate restructurings.
Greg worked with the owners of the Carolina Panthers in securing the NFL franchise for Charlotte, including the franchise financing and the financing and construction of Ericcson Stadium in downtown Charlotte. That work included drafting the very first Permanent Seat Licenses (PSLs), which have since become a common financing tool throughout the sports industry.
At Tenenbaum & Saas, Greg works with our commercial developer clients on a variety of retail, office and residential (primarily multi-family) development projects. These projects have included:
– Acquisition of an entire city block in the District of Columbia, with multiple sellers ranging from individual homeowners and business owners to sophisticated speculators, and the sale of the unified property to a major developer as a mixed-use office and residential condominium project.
– Assemblage of over 50 acres from multiple sellers in suburban Maryland for a large-scale shopping center and negotiation of sales and leases to anchors including Costco, Target, CarMax and Xscape Theaters.
– Acquisition of land within a mixed-use development in a close-in Virginia suburb for development of a residential condominium, including negotiation and documentation of agreements among multiple developers and the County governing coordination of development and rights and responsibilities for shared amenities including parking garage and rooftop swimming pool.
– Acquisition, acquisition financing and permanent financing of a ground sublease with a major retail premises tenant and small ground tenant.
– Numerous ground leases and space leases with supermarkets (inc. Wegmans, Harris Teeter, and Aldi), sit-down restaurants (inc. Applebee’s and Bar Louie), quick-serve and fast-food restaurants (inc. Starbucks, Chipotle, Zöe’s Kitchen, Potbelly Sandwich Company, Taco Bell, Dunkin’ Donuts, and Five Guys), child care (Minnieland, Kiddie Academy, and Goddard School) and other retail (inc. FedEx Office, Autozone, Office Depot, Gamestop, Great Clips, and PetValu). Greg generally is on the Landlord side of lease transactions, but he also represents Country Curtains in its retail lease negotiations.
In addition, Greg has assisted a major bank client in liquidating over 100 OREO properties including restaurants, office buildings, apartment buildings, and partially-completed residential subdivisions.
J.D., University of Virginia School of Law, Charlottesville, Virginia, 1987
Managing Editor, Journal of Law and Politics, 1985 – 1987
B.A., James Madison University, Harrisonburg, VA, 1984
English and Political Science Honors: summa
North Carolina, 1993
District of Columbia, 2003
U.S. District Ct., Western District N.C., 1994
U.S. District Ct., Middle District N.C., 1994
Charlotte Chamber Leadership School, 1996 – 2002, Task Force Member
American Bankruptcy Institute, 2000 – 2003, Member
Sports Lawyers Association, 1995 – 2003, Member
Revised UCC Article 9: Default and Enforcement, Lorman Education Service, 2002
Sale of Goods Under UCC Article 2, Lorman Education Service, 2002