Rachel S. Bates is a commercial real estate and transactional attorney with experience covering a broad range of real estate and finance matters. Her experience includes commercial real estate acquisitions, dispositions and financing transactions including corporate entity formation, sales, transfers and mergers. Rachel represents lenders, investors and developers in commercial real estate transactions across the country. Her matters focus mainly on multifamily and commercial real estate finance and real estate development.
Rachel also manages and facilitates real estate due diligence and closing, drafting loan modifications, assumptions of mortgage loans, easements, reciprocal use agreements, and license agreements. She works with parties involved in condemnation/eminent domain actions, foreclosures, and other real estate related matters.
Experience
Representative Matters
- Representation of Lender in over 100 Fannie Mae financing transactions all over the country ensuring compliance with agency guidelines before and after closing.
- Representation of Borrowers for full HUD Transfer of Physical Assets (TPA) involving the assumptions of multimillion dollar HUD-insured loans.
- Preparation of documentation required for the refinancing of quick service (QSR) restaurant portfolios for various QSR franchisees.
- Representation of a national finance company in its balance sheet and bridge lending program, including numerous multifamily housing mortgage loans with extensive structuring for future agency funding and capital improvements.
Professional Highlights
Pro Bono Experience
Professional Activities
Minnesota State Bar
American Bar Association
Minnesota Women Lawyers
Commercial Real Estate Finance Council (CREFC)
Minnesota Commercial Real Estate Women (MNCREW)
Board Memberships & Community Service
Certified Student Attorney, Central Minnesota Legal Services, January 2015-May 2015
High School Mock Trial Judge
Past Pause4Paws Board Member
Credentials
Education
William Mitchell College of Law (J.D. 2015)
William Mitchell Merit Scholarship Recipient
University of Minnesota-Twin Cities (B.A. 2011)
Dean’s List