Richard E. Petershack - Axley Brynelson, LLP

Richard E. Petershack

Listed in Best Lawyers since 2007

Richard (Rick) Petershack is a partner at Wisconsin law firm Axley Brynelson, LLP, and a member of the Business Practice Group. His practice focuses on commercial real estate, commercial lending, banking law, mediation, and acting as underwriters’ counsel in bond transactions.

Mr. Petershack represents developers in large transactions, including purchases and sales, and land development activities. He also does extensive work for his real estate and business clients in reviewing and structuring financing options. He recently represented the developer of an $80 million mixed use in-fill project using a HUD-insured construction/permanent loan.

For his lender clients, Mr. Petershack works extensively in real estate and business financing, including working capital and asset-based loans, and letter of credit enhancement (low floater) transactions.

Mr. Petershack is also actively involved in the Dane County Case Mediation Program and has mediated a variety of business disputes.

Mr. Petershack has industry experience with local, regional and national lenders and real estate development firms. He also has experience in business financing for small, medium and large businesses, public finance including underwriter representation, complex real estate and business transactions and often works with multi-layered financing, public financing and significant deed restriction issues.

Oberlin CollegeBA University of Wisconsin–MadisonJ.D. 1982
State Bar of WisconsinDane County Bar AssociationDowntown Rotary Club of MadisonVillage of Maple Bluff Board of Zoning Appeals

Case History

$15M Credit Enhancement

Represented regional lender in a $15 million letter of credit enhancement of a demand note transaction.

$60M Facility

Represented a regional lender in a $60 million revolving credit and term loan facility to a multi-state industrial borrower.

Largest Mixed-Use Development

Represented developer of largest mixed-use development in downtown Madison.

$30M+ Mixed-Use Development

Represented the seller of a large-scale mixed use development for a price in excess of $30 million.

Sale of Condominium Unit

Represented the developer in the negotiation and sale (to a municipality) of a condominium unit to the constructed.

ESOP Loan Transaction

Represented bank in an ESOP loan transaction.

Office Location

Two East Mifflin Street, Suite 200
P.O. Box 1767
Madison, WI 53703
United States

Lawyer of the Year Awards

2017 Lawyer of the Year in Real Estate Law of the Madison Metro Area2016 Lawyer of the Year in Banking and Finance Law of the Madison Metro Area
Richard E. Petershack has earned a Lawyer of the Year award for 2017!Richard E. Petershack has earned a Lawyer of the Year award for 2016!

Practice Areas

Banking and Finance Law
Real Estate Law (Bond Finance, Commercial, Condominiums, Development, Finance, Land Use, Office Buildings, Real Property Law, Secured Transactions, Tax Certiorari, Transactions, Workouts and Restructurings)

Other Information

Gender: Male