Biography
Steven R. Martens represents lenders, borrowers, developers and owners in commercial real estate and lending transactions.
Steve listens to his clients and understands their challenges and concerns. As an attorney who has practiced in real estate for more than 30 years, he solves problems with experienced counsel. His team approach to client representation combines experience with efficiency to provide effective legal work and exceptional service.
Steve represents financial institutions in the structuring, documenting, closing and the due diligence required for commercial real estate acquisition, development, construction, and term loans. Steve has recently represented lenders and borrowers in multiple significant construction loans in Texas and other states for apartment, office building, retail, and hotel projects and in development loans for residential communities. He regularly represents lenders in guidance and borrowing base lines of credit to builders.
Steve represents buyers and sellers in the purchase and sale of commercial real estate, and owners and developers in residential, condominium and commercial real estate construction projects.
Steve has significant experience providing opinion letters as borrower’s counsel in financing transactions and as local counsel opinion provider in multi-state loan transactions.
Steve counsels lenders and borrowers in loan workout, modification, note sale, and foreclosure transactions. He is experienced in representing lenders in the sale of foreclosed properties and was primary outside counsel to a financial institution that sold a billion-dollar real estate owned (REO) portfolio.
Education
B.B.A., with honors, University of Texas at Austin
J.D., University of Texas School of Law
Bar Admissions
Texas, 1984
Board Certifications
Commercial Real Estate Law
- Representation of state bank as lender’s counsel in a $58,525,125 construction loan for a 320,000 square foot retail development to be known as Belterra Village Retail Center in Dripping Springs, Texas
- Representation of state bank as lender’s counsel in a $47,950,000 construction loan for a 206 unit senior living facility to be known as The Village at the Triangle in Austin, Texas
- Representation of national bank as lender’s counsel in $40,000,000 construction loan for a 354-unit apartment community known as The Edison on East Riverside Drive in Austin, Texas
- Representation of national bank as lender’s counsel in $22,000,000 acquisition and construction loan for the development of a 97,298 square foot office building located at 316 W. 121th Street in Austin, Texas
- Representation of national bank as lender’s counsel in $35,137,000 construction loan for 214,587 square foot office development and five level parking garage known as Rollingwood Center in Austin, Texas
- Representation of national bank as lender’s counsel in $37,410,000 construction loan for 166,374 square foot office development known as Lamar Central in Austin, Texas
- Representation of state bank as lender’s counsel in $29,000,000 revolving development loan for multi-phase Middlebrook and Santa Rita subdivisions containing approximately 2,000 acres in Williamson County, Texas
- Representation of state bank as lender’s counsel in $12,700,000 revolving development loan for multi-phase Liberty Parke subdivision in Liberty Hill, Williamson County, Texas
- Representation of state bank as lender’s counsel in $27,000,000 revolving development loan for multi-phase Deerbrooke subdivision in Leander, Williamson County, Texas
- Representation of state bank as lender’s counsel in $33,000,000 construction loan for 194 room Granduca Hotel in suburban Austin, Texas
- Representation of state bank as lender’s counsel in $29,800,000 construction loan for 137,615 square foot, 4 story office building, and structured parking garage in Austin, Texas
- Representation of state bank as lender’s counsel in $58,240,000 term loan to national real estate company secured by 409,105 square foot office building located in downtown Fort Worth, Texas
- Representation of state bank as lender’s counsel in $35,500,000 construction loan for a 259-unit apartment community in West Palm Beach, Florida
- Representation of national bank as lender’s counsel in $43,732,533 construction loan for a 321-unit apartment community in downtown Denver, Colorado
- Representation of state bank as lender’s counsel in $100,000,000 unsecured borrowing base line of credit to residential homebuilder
- Representation of state bank as lender’s counsel in $80,000,000 secured borrowing base line of credit to residential homebuilder
- Representation of national bank as agent’s counsel in $100,000,000 credit facility secured by tax lien note portfolio
- Representation of real estate development company as seller’s counsel in sale of self-storage facility portfolio in Austin, Texas
- Representation of real estate development company as purchaser’s counsel in the acquisition of two office buildings containing approximately 301,118 square feet of office space in San Antonio, Texas
- AV Rated, Martindale Hubbell
- The Best Lawyers in America (Woodward/White Inc.), 2006-2022
- Lawyer of the Year – Austin, Real Estate Law, 2010, 2018
- Real Estate Law, 2006-2022
- “Texas Super Lawyer,” Super Lawyers by Thomson Reuters, 2003-2004, 2008
- The Real Estate Council of Austin
- Covenant Presbyterian Church in Austin, Church Elder and Deacon
- State Bar of Texas
- Travis County Bar Association – Real Estate, Banking, and Construction Law Sections
- Texas Bar Foundation
- Texas Association of Bank Counsel
Steve is state-wide chair of Jackson Walker’s real estate practice group, which includes approximately 52 lawyers in five offices. He also serves on the Firm’s opinion letter committee. He is active in the recruitment, hiring, training and mentoring of associate attorneys.
Steve has been a frequent speaker at the State Bar of Texas Advanced Real Estate Drafting Course and has made presentations at the University of Texas Mortgage Lending Institute and the Travis County Bar Association’s Land Development Seminar.