Steven M. Regan

Representative Experience

• Identified a creative land use solution that paved the way for the demolition of dilapidated buildings and their replacement with a first of its kind outdoor recreation and entertainment use, bocce courts, in Pittsburgh’s Golden Triangle zoning district accomplishing in five months what prior professionals could not solve in five years
• Drafted a curative amendment to a municipal zoning ordinance in Venango County, Pennsylvania providing for a utility scale solar use and applicable regulations and subsequently argued and obtained conditional use approval for a 140-acre utility scale solar project
• Successfully argued for and was granted variances for a utility scale solar project in Fayette County, Pennsylvania
• Advised utility scale solar clients regarding zoning, subdivision and land development requirements, approvals and processes as well as local and state permitting for various projects in Pennsylvania
• Acted as Pennsylvania local counsel in connection with closing of construction and tax credit financing for utility scale solar development projects providing permitting and entitlement opinions to lenders and tax credit investors, preparing mortgages, advising as to mechanics liens and assisting with closing
• Represented a real estate developer in zoning, planning, and land development in connection with an urban redevelopment mixed use project in suburban Pittsburgh that included loft apartments and street level retail
• Negotiated and closed a $8,100,000 refinance and construction loan for a self-storage facility in Turtle Creek, PA
• Negotiated and closed a loan transaction for a lender that included a $11,898,000 construction loan for renovations to a significant retail property and a $1,200,000 construction loan for a Starbucks in suburban Pittsburgh and issued title insurance to the lender insuring the mortgage securing the loans
• Represented a regional lender in connection with a $5,250,000 construction loan for the renovation of a historic building in downtown Pittsburgh in a transaction that involved new markets tax credits and historic tax credits
• Served as lenders counsel for a national bank in connection with a $35,000,000 hotel acquisition and product improvement loan located in Orlando, FL
• Represented client in connection with purchase, financing, and leasing of office building in City of Pittsburgh for over ten years
• Have represented a land trust for 22 years, assisting the client with the preservation of over 1,500 acres of land in Western Pennsylvania through purchases and conservation easements
• Represented borrower client in connection with a $12,500,000 asset based loan transaction which included preparing and negotiating an intercreditor agreement with holders of senior secured noteholders
• Represented a real estate investor in the acquisition and financing of credit tenant properties in Pennsylvania, Tennessee, Florida, and Arizona