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Biography

When clients select Jay LaJone to help them through complex financial transactions involving real estate, his accessibility, responsibility, and commitment are an asset in getting deals negotiated and closed.  Jay believes that he needs to fully understand his client’s business objectives, so he can be sure deals are documented to achieve those objectives, while not risking transactions on insisting on items that are not as important to the client.  With 35 years of experience, Jay has represented both companies and individuals as sellers, buyers, lenders, borrowers, developers, landlords and tenants in sales,  partnership and corporate transactions, loans (mortgage, construction, and mezzanine), stock transactions, and leasing.  

Memberships & Awards

Professional
American Bar Association
State Bar of Texas

Key Experience

Representation of a publicly traded real estate corporation in the sale of multiple apartment complexes located in Texas, Florida, Tennessee, North Carolina, Colorado, Nevada, Arkansas, and Louisiana to a newly formed joint venture between the selling corporation and an investment bank. The assets had a combined market value in excess of $1 Billion and included the assumption of existing financing as well as a new mezzanine loan
Representation of a corporate seller of three large apartment complexes in Texas for over $50 Million
Representation of an institutional insurance company in its $6 Million and $18 Million preferred equity investments in mixed-use projects in Texas and California

Work Experience

2021 Steptoe & Johnson PLLC
1996-2021 Bennett, Weston, LaJone & Turner, P.C.
1980-1996 Hopkins & Sutter
1978-1980 Schiff Harden & Waite