Kell, Alterman & Runstein LLP

3 Best Lawyers awards

Kell, Alterman & Runstein LLP logo

Awarded Practice Areas

Banking and Finance Law Real Estate Law
*Named the "Lawyer of the Year" in this practice area in the 2026 edition in Portland, OR.

Biography

With more than 30 years of experience working on commercial finance, real estate and creditors’ rights matters, Susan Alterman focuses her practice on commercial banking and complex real estate transactions. She assists a variety of financial institutions and real estate investors in structuring real estate and asset-based credit facilities, including loan documentation, underwriting considerations, and regulatory matters. Susan regularly represents banks and other financial institutions in structuring, negotiating and documenting a variety of lending transactions, including construction loans, bridge loans, term loans, mezzanine loans, revolving lines of credit, and secured and unsecured loan facilities. She also has a strong focus in the area of office, commercial, industrial and retail leasing. Susan also handles distressed real estate assets and loans, including the acquisition and sale of bank-owned properties. Her practice also includes Article 9 of the Uniform Commercial Code, including performing both private and public dispositions of personal property collateral. She also counsels business clients on commercial loans and workouts.

In her comprehensive real estate practice, Susan has advised real estate investors in buying, selling, and leasing commercial, retail, industrial and agricultural properties, forming condominiums, and multiple land use proceedings. She has handled the purchase, sale and finance of auto dealerships in Oregon and Washington, negotiated and drafted multi-floor leases in core downtown office buildings in Portland and Seattle, and acts as outside counsel to one of the largest real property acquisition companies in the United States.

Susan is the former chair of Oregon State Bar's Client Security Fund. She is a member of the Leadership Cabinet of Willamette Law School, and is a former member of the executive committee of the Portland State University Foundation.

Kell, Alterman & Runstein LLP

3 Best Lawyers awards

Kell, Alterman & Runstein LLP logo

Overview

  • Willamette University, JD, graduated 1986
  • University of California - Los Angeles, BA, graduated 1982

  • Oregon, 1987
  • Washington, 2000
  • Colorado, 1994

  • American Bar Association - Banking Law Committee
  • Oregon State Bar - Debtor-Creditor Section , Editorial Board
  • Oregon State Bar - Secured Credit Committee

  • Supreme Court of the United States
  • U.S. Court of Appeals for the Ninth Circuit
  • U.S. District Court for the District of Oregon
  • U.S. District Court for the Western District of Washington
  • U.S. District Court for the Eastern District of Washington
  • Oregon, 1987
  • Washington, 2000
  • Colorado, 1994
  • American Bar Association - Banking Law Committee
  • Oregon State Bar - Debtor-Creditor Section , Editorial Board
  • Oregon State Bar - Secured Credit Committee
  • Willamette University, JD, graduated 1986
  • University of California - Los Angeles, BA, graduated 1982
  • Supreme Court of the United States
  • U.S. Court of Appeals for the Ninth Circuit
  • U.S. District Court for the District of Oregon
  • U.S. District Court for the Western District of Washington
  • U.S. District Court for the Eastern District of Washington

Client Testimonials

Awards & Focus

Lawyer of the Year Badge - 2026 - Banking and Finance Law
Named "Lawyer of the Year" by Best Lawyers® for:
  • Banking and Finance Law, Portland, OR (2026)
Recognized in The Best Lawyers in America® 2026 for work in:
  • Banking and Finance Law
  • Real Estate Law
Additional Areas of Practice:
  • Commercial Finance Law
  • Financial Services Regulation Law
Awards:
  • Oregon State Bar President's Membership Service Award 2019

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