Mel's Profile

Mel McElroy is Co-chair of the Firm’s Real Estate Practice. He represents a diverse group of clients investing in real estate assets throughout the United States. Mel’s practice emphasizes complex development projects, commercial leasing, and the acquisition & disposition of commercial properties, and his experience encompasses hospitality, mixed-use, retail, medical, office, multi-family, and industrial assets.

Development & Redevelopment

Mel represents developer clients throughout the life cycle of a project, guiding them through the land acquisition and entitlement process, working with state and local governments to obtain incentives, negotiating leases and property management/leasing agreements, and sourcing debt and equity financing. Mel also handles development agreements, REAs, CC&Rs, construction contracts, architects agreements, and other key development documents.

Financing

Clients turn to Mel for counsel in sourcing both debt and equity capital for their projects – routinely closing mortgage and mezzanine loans with banks, insurance companies, securitized lenders, and private equity funds. He advises both sponsors and limited partners in structuring and negotiating equity investment agreements with individuals, family offices, institutions, and funds.

Investment and Operations

Mel partners with his clients to facilitate their acquisition, sale and management of commercial real estate assets. His services include structuring and negotiating purchase and sale agreements, conducting due diligence, setting up franchise, management and leasing agreements, obtaining debt and equity capital, and handling closings. He also works closely with clients to solve property management issues which often involve lease enforcement, workouts, restructurings, and recapitalizations.

Commercial Leasing

Mel negotiates and drafts leases for owners and tenants in retail, mixed-use, office, medical, and industrial projects. His extensive experience includes anchor/credit tenant leases, restaurant leases, pad and shop leases, ground leases, build to suit leases, single-tenant leases, and sale-leaseback transactions.

Mel's Accolades

  • The Best Lawyers in America© for Real Estate Law (2018 – Present), Land Use and Zoning Law (2021-present)
  • Alabama Super Lawyers “Rising Star” for Real Estate (2013)
  • Birmingham Business Journal, Top 40 Under 40 (2016)

Mel's Affiliations and Civic Involvement

Affiliations & Civic Involvement
  • Affiliations & Civic Involvement
  • American Hotel & Lodging Association
  • International Council of Shopping Centers, Member
  • National Multifamily Housing Council
  • American Bar Association
  • Alabama State Bar Association
  • Birmingham Bar Association
  • Homewood Downtown Redevelopment Authority (Homewood, Alabama), Member
  • All Saints Episcopal Church – Senior Warden (2014), Vestry (2013-2014), Finance Committee (current)

Admissions

State Bar: Alabama, Florida

Education
  • Wake Forest University School of Law
    • (2004, J.D., Wake Forest Law Review)
  • Birmingham-Southern College
    • (2001, B.S., magna cum laude)


Thursday, August 19, 2021

179 Maynard Cooper & Gale Attorneys Recognized in The Best Lawyers in America© 2022

Maynard Cooper & Gale is pleased to announce that 179 of the Firm’s attorneys have been recognized in the 2022 edition of The Best Lawyers in America©, including 17 who are distinguished as “Lawyer of the Year” in their respective areas of expertise and 48 of the Firm’s younger attorneys...

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Tuesday, July 6, 2021

Maynard Represents AAA Cooper Transportation in its Acquisition by Knight-Swift Transportation Holdings, Inc.

Maynard Cooper & Gale represented AAA Cooper Transportation, a leading less-than-truckload (“LTL”) carrier, in connection with its sale to Knight-Swift Transportation Holdings, Inc. (NYSE:KNX). The enterprise value of the transaction is $1.35 billion and makes a significant impact on Knight-Swift’s growth platform in the LTL space. AAA Cooper will...

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Thursday, August 20, 2020

168 Maynard Cooper & Gale Attorneys Listed in The Best Lawyers© in America 2021

Birmingham, AL. (August 20, 2020) Maynard Cooper & Gale is pleased to announce that 168 of the Firm’s attorneys have been recognized in the 2021 edition of The Best Lawyers in America©, a peer-review guide highlighting attorneys with significant achievements in their areas of practice. With 76 practice areas listed...

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