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Leslie Banas counsels companies and individuals in business and real estate matters. She assists clients in organizing business entities, acquiring assets, negotiating contracts, and satisfying regulatory requirements. Her clients include entrepreneurial and established companies in the real estate, housing, service, health care, manufacturing, hospitality and other industries.

Ms. Banas represents real estate owners and investors in dealing with office, retail, hospitality, industrial and condominium properties. She helps them to assemble land, obtain entitlements and incentives and construct improvements. She negotiates leases on behalf of landlords and tenants, including retail leases with national retailers.

She also works with developers in acquiring and rehabilitating senior, market rate and affordable apartment communities, and obtaining financing through HUD, Fannie Mae, state housing agency bond offerings, and the sale of low income housing tax creditis (LIHTCs).

In addition to developers, she helps manufacturers and others deal with their “corporate real estate” including leasing office space, purchasing warehouses and decommissioning obsolete plants.

Ms. Banas has successfully closed over $800M in commercial, multifamily and industrial real estate transactions, as well as over $300M in mortgage loans from financial institutions, life companies, CMBS lenders, government sponsored enterprises and other lenders.

She also assists international buyers in navigating U.S. commercial real estate industry issues when purchasing American commercial properties.

Ms. Banas has extensive experience in the structuring and capitalization of limited liability companies and other pass through entities.

In addition, Ms. Banas works with non-profit educational, health care and community organizations in organizational and governance matters, applying for grants and entering into joint venture arrangements.

Contact & Links

Location

  • 201 West Big Beaver Road, Suite 600
    Troy, MI 48084

Languages

  • English

Demographics

  • Sex: Female

Education

  • University of Detroit Mercy , graduated 1973
  • Wayne State University , graduated 1976

Bar Admissions

  • Michigan, State Bar of Michigan

Affiliations

  • CoreNet - Member
  • ICSC - Member
  • Real Property Law Section/State Bar of Michigan - Past Chair
  • Urban Land Institute/Michigan - Steering Committee Member

Recognized in The Best Lawyers in America® 2023 for work in:

  • Corporate Law
  • Real Estate Law

Special Focus

  • Commercial
  • Commercial Leasing
  • Construction
  • Corporate
  • Development
  • Finance
  • Industrial
  • Joint Ventures
  • Land Use
  • Mixed-Use Development
  • Partnership and Limited Liability
  • Tax Certiorari
  • Transactions

Awards:

  • 100 Outstanding Women of Michigan
  • Deloitte Inner Circle Award

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Financing

Mortgage loans from financial institutions (construction and permanent); Fannie Mae financing; HUD-insured mortgage loans (including mark to market transactions); state housing agency bond financing.

Leasing

Negotiation and preparation of leases on behalf of landlords or tenants for office, retail, warehouse/manufacturing and specialized use properties.

Real Estate Development

Land acquisition, zoning and entitlements, reciprocal easement agreements and CCRs,

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