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Arnold D. Spevack
Principal

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Martindale-Hubbell Rating: AV
Areas of Practice:
Commercial Lending
Creditors' Rights & Workouts
Real Estate Transactions
Phone:
301-657-0749
Fax:
301-347-1528
Email
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Bio
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Personal
Information
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Education
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Professional
Memberships
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Birth Information:
1949, New York City, New York
University of Miami School of Law, Coral Gables, Florida, 1974
J.D., Doctor of Jurisprudence
The Johns Hopkins University, Baltimore, MD, USA, 1971
B.A., Bachelor of Arts
Maryland State Bar Association
Member
District of Columbia Bar Association
Member
New York State Bar Association
Member
California State Bar
Member
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Arnold Spevack is a principal in the firm of Lerch, Early and Brewer, Chtd. He is experienced in representing real estate developers, businesses and local and national (bank and non-bank) lenders in closings, negotiations, and in the courts.
Arnie’s experience includes providing assistance in the acquisition, development, operation and management of office, retail and residential projects as well as all aspects of commercial lending. In this capacity, he has been involved in every stage of development from handling complex negotiations, structuring and obtaining financing, and lease negotiations to tax-free exchanges, as well as large and small commercial workout transactions from the lender's and borrower's perspective.
Additionally, Arnie is an experienced creditor’s rights attorney, having assisted both borrowers and lenders in workout negotiations and in refinance of existing real estate mortgages and business loans.
He also helps property owners and sellers with complex residential purchase transactions in acquisition of property, and in dispute resolution involving purchase of real estate, residential and commercial construction projects and related issues. Arnie has represented property owners in dealing with cable television and other telecommunications operators in the deregulated environment.
A frequent speaker on all aspects of real estate law, Arnie has presented on numerous topics including brokerage, banking, environmental and employment law. He has been active in civic affairs and is a board member of the Spring Valley West Homes Corporation and a past Vice President of the Luxmanor Citizens Association. He is currently on the Board of Directors of the Hebrew Home of Washington, DC and is a member of the Home's Quality Improvement Committee.
Arnie’s philosophy is that it is in the best interest of his clients to achieve a cost-effective resolution of a matter with regard to all of the costs entailed.
Some examples of his recent representations include:
- Represented lenders from commitment letter to post closing of hundreds of conventional and SBA - guaranteed loans with a total dollar amount in excess of several hundred million dollars;
- Represented lenders in underwriting approval and loan documentation from commitment letter to post closing of real estate collateralized and asset based loans;
- Workout of $5 million leasehold mortgage loan in an amusement park;
- Representing developers in acquisition and development of residential and commercial real estate deals in the metropolitan Washington, DC area; and,
- Conducted training seminars for the staff of lender clients regarding all aspects of closing commercial and SBA-guaranteed loans.
Arnie practices throughout the region and is admitted to practice in the District of Columbia, Maryland, New York and California.
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