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Morris Manning & Martin, LLP

Douglas Selph

Douglas D. Selph

Partner
Phone: 404.504.7780
Fax: 404.365.9532
[email protected]
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Douglas D. Selph has substantial expertise in structuring, documenting, negotiating and closing secured loan transactions for financial institutions, including complex syndicated credit facilities with multi-state and unsecured collateral. He is also experienced in representing REIT’s and other commercial borrowers in a wide range of secured and unsecured credit facilities, including working capital lines, acquisition loans and mezzanine loans, and has also been actively involved in debt restructurings, workouts and merger transactions for REIT and developer clients.  Following the onset of the COVID-19 pandemic, Mr. Selph became one of the Firm’s experts on the Paycheck Protections Program (PPP).

In addition to his real estate and finance practice, Doug also handles real estate acquisitions and dispositions, commercial leasing transactions, and general real estate development issues.

Doug is a frequent speaker at real estate law seminars sponsored by the Georgia Bar and the American College of Real Estate Lawyers on such topics as real estate finance, legal opinions, ethics, and letters of credit and has published articles in the Georgia Law Review and the Georgia Bar Journal

Representative Experience

  • Management of lender consent and debt modification process for $3.2 billion in connection with retail REIT merger transactions.
  • Management of lender consent and debt modification for $1.2 billion in connection with industrial REIT merger transactions.
  • Management of lender consent and debt modification process for $370 million in connection with retail REIT merger transactions.
  • Representation of a medical/office REIT in an aggregate $1.5 billion syndicated senior unsecured and secured revolving credit and term loan facilities.
  • Representation of an equity sponsor in a $204 million senior secured corporate financings for sponsor acquisitions.
  • Management of lender consent and debt modification process for $167 million in connection with healthcare REIT merger transactions.
  • Representation of a regional bank in an aggregate $250 million syndicated secured construction loans on upscale mixed use/multifamily projects.
  • Representation of an industrial/office REIT in a $47 million subordinated secured corporate financings for sponsor acquisitions.
  • Representation of an insurance holding company in the $17.9 million senior secured revolving credit facility.
  • Representation of a hospitality lender in $32 million warehouse line of credit.

Accolades

  • Selected, Georgia Super Lawyer as published in Atlanta magazine, 2010-2013
  • Fellow Capital Markets Committee, American College of Real Estate Lawyers (ACREL), 2007
  • Vice-Chairman, ACREL Attorneys’ Opinions Committee, 2021
  • Board of Advisors, Georgia Tech School of Economics, 2014
  • Member, Omicron Delta Epsilon International Economics Honor Society - Georgia Tech School of Economics
  • Past Chair, Executive Committee, Real Property Law Section, State Bar of Georgia, 2004-2005
  • Committee on Legal Opinions to Third Parties in Real Estate Transactions, Real Property Law Section, State Bar of Georgia
  • Committee to Promote Inclusion in the Profession, State Bar of Georgia
  • Urban Land Institute (ULI) Atlanta Center for Leadership - Class of 2011
  • Fellow, Lawyers Foundation of Georgia
  • Board of Directors, Stonewall Bar Association, 2012-2017; President, 2015-2016
  • Selected, Atlanta Business Chronicle’s 2016 Law & Accounting Who’s Who

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