Michael Westover

Shareholder
Phone
303.575.7514
Email
mwestover@ottenjohnson.com
Assistant
Gitta Maehrlein, 303.575.7564

Overview

Mike Westover has a broad commercial real estate practice. For over 35 years, he has represented owners, developers, lenders, investors and the holders of other real estate interests in a wide variety of transactions throughout the United States.

Mike has developed a particular expertise in the area of real estate finance. He has represented national banks and other institutional lenders in hundreds of sophisticated financing transactions. He also frequently represents agents and participants in syndicated credit facilities.  In addition to lender representation, Mike regularly works with owners and developers in connection with the financing of their real estate projects. This has included representing some of the country's largest developers of apartment communities in billions of dollars of financings. Mike's financing expertise also extends into the area of credit workouts. He has extensive experience, dating back to the mid-1980's, in restructuring troubled real estate and commercial credit facilities, and in advising both lenders and borrowers in connection with foreclosures, receiverships and other remedial matters.

Mike's practice extends well beyond financing transactions. He regularly represents clients in joint ventures, acquisitions, dispositions and development projects. Recent examples include acting as counsel to a large multinational company in the acquisition of one of Denver's largest office towers, and assisting another client in the sale of one of the largest ranches in the United States.

In addition to his client work, Mike has served on the firm's Executive Committee for over 20 years, and he was the firm's Managing Director from 1998 until 2011.

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Practice Areas

Industries Served

Experience

Representative experience includes:

  • Ongoing representation of one of the country’s largest owners and developers of apartment communities in all aspects of its financing activities, including construction loans, permanent loans on individual properties from Fannie Mae, Freddie Mac and other permanent lenders, portfolio credit facilities, and unsecured credit facilities. During 2018, this involved refinancing a significant number of projects throughout the United States, including Fannie Mae and bank credit facilities in excess of $1.2 billion.
  • Serve as general outside counsel to a Denver-based multifamily owner/developer in all of its legal matters, including representation in connection with acquisitions, dispositions, joint ventures, and financings. In recent years, this has included acquisitions and sales in the states of Colorado, Florida, Texas, Oregon and Washington.
  • Represented the developer of a 600 unit, Class AAA high-rise apartment project on a $135,000,000 construction/permanent loan facility.
  • Acted as lead counsel to a national bank on a $60,000,000 syndicated construction loan for a high-rise mixed use project in Durham, North Carolina.
  • Assisted the developer of a mixed use project in downtown Denver in obtaining $110,000,000 in senior and mezzanine financing.
  • Represented a large multinational corporation in the acquisition of one of downtown Denver’s largest buildings, for a purchase price in excess of $200,000,000.
  • Acted as counsel to the seller of a 300,000 acre ranch located in New Mexico

Awards & Involvement

  • Best Lawyers (2011-2019)
  • Recognized by Chambers USA as one of Colorado's leading real estate practitioners (2005-2019)
  • Colorado Super Lawyers List (2006-2019)

Jurisdiction

  • State of Colorado
  • American Bar Association
  • Colorado Bar Association
  • Denver Bar Association

Education

  • J.D., Harvard Law School (1982); Cum Laude
  • B.S., Brigham Young University (1979); Magna Cum Laude and High Honors

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