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Stephen F. McStravick

Associate

Stephen McStravick is a member of the Real Estate/Finance Group and represents investors, landowners, developers, lenders and private companies in commercial transactions, with a focus on real estate.

Professional Biography


Mr. McStravick assists clients in a variety of commercial real estate transactions, including acquisition/disposition, finance, development and leasing. He also has experience in mergers and acquisitions, as well as entity formation and governance.

  • Real Estate Acquisitions/Dispositions and Development

  • Ongoing representation of a joint venture in the acquisition and disposition of both raw and improved assets throughout Tennessee.

  • Represented a national developer in the acquisition and financing of a 16-acre shopping center (approximately 150,500 square feet of improvements) in Knoxville, Tennessee, for a total consideration of  $22 million.

  • Represented a buyer in the acquisition of a 1.15-acre, four-tenant shopping center (approximately 9,000 square feet of improvements) in Columbia, South Carolina, for approximately $2.2 million.

  • Represented a buyer in the acquisition of a 2.5-acre, six-tenant shopping center in Kingsport, Tennessee, for approximately $2,575,000.

  • Represented a buyer in the acquisition of a tire discounters store in Knoxville, Tennessee, for approximately $3,243,000.

  • Represented a landowner in the negotiation of a ground lease, real estate use agreement and option to purchase in connection with the development of a 136,800 square foot dormitory project in Sevier County, Tennessee.

  • Represented a seller in the sale of an industrial warehouse in Kodak, Tennessee, for approximately $1.42 million.

  • Represented a buyer in the acquisition of fee-simple and leasehold interests in a shopping center property in Knoxville, Tennessee, for approximately $2.75 million.

  • Represented a non-profit buyer in the acquisition and subsequent disposition of an office building in Knoxville, Tennessee, for approximately $1.7 million.

  • Represented a regional lender in the acquisition of a 5,800 square foot office building in Knoxville, Tennessee, for approximately $1.6 million.

  • Represented a national bank in the acquisition of an office building in Johnson City, Tennessee, for approximately $6 million.

  • Real Estate Finance

  • Represented a private equity lender in a $27.3 million construction loan for a multifamily project in Huntsville, Alabama.

  • Represented a private equity lender in a $19 million construction loan for a multifamily project in Lafayette, Louisiana.

  • Represented a REIT-backed private equity company in the acquisition financing of six skilled nursing facilities in Indiana.

  • Represented a regional lender in a $13.6 million refinancing of two nursing home facilities, one in Knoxville, Tennessee, and the other in Chattanooga, Tennessee.

  • Represented a national lender in a $12.2 million refinancing of a multifamily community in Oxford, Florida.

  • Represented a borrower in a $3 million permanent financing of an office building in Knoxville, Tennessee.

  • Mergers and Acquisitions

  • Ongoing representation of a buyer in a series of acquisitions of strategic targets in the pet products space.

  • Represented a regional convenience store chain in the (i) sale of more than 160 stores across four states to a strategic national buyer and (ii) execution of a master lease for more than 100 stores for a total consideration of approximately $300 million.

  • Represented a leading distributor of carbon and stainless pipe, fittings and flanges in the strategic acquisition of equity in a regional pipe distributor (the subsidiary of a publicly traded, international engineering company) for approximately $75 million.

  • Represented the seller of a tele-veterinary practice in the sale of assets to a strategic buyer for approximately $50 million.

  • Represented the owners of an industrial painting and sandblasting company and equipment rental company in the sale of equity to a financial buyer for approximately $22 million.

  • Negotiated a discounted $1.75 million dollar purchase agreement and closing documents on behalf of a special purpose entity for the acquisition of a parcel of real property in Tennessee that was formerly used as a movie theater.

  • Listed in Best Lawyers: Ones to Watch in America™ for Corporate Law (2023 – 2024)

Industries

Education

  • SMU Dedman School of Law, J.D., 2017, cum laude
    • SMU Science and Technology Law Review: Topics Editor, Staff Editor
  • University of Tennessee, Knoxville, B.A. History, 2014, summa cum laude

Admissions

  • Tennessee, 2020
  • Texas, 2017

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