• vcard
303.583.8266
  • Education
    • J.D., cum laude, University of Michigan Law School, 2005
    • B.A., University of Wisconsin-Madison, 2002
As a real estate development and finance attorney, clients rely on Michael Strand to identify business-focused legal options to address their sophisticated needs. Mike works closely with clients to provide guidance as they acquire, finance, develop, operate and sell commercial real estate. 

He represents developers, investors and end-users in the creation and operation of residential, commercial and mixed-use projects of all sizes, with an emphasis on condominiums and planned communities which are governed by the Colorado Common Interest Ownership Act. Mike has been an integral part of multiple of real estate developments in various asset classes including: 
  • Mixed-use projects 
  • Multifamily housing 
  • Destination resorts 
  • Industrial facilities 
  • Office buildings 
  • Shopping centers 
Mike also represents national and regional financial institutions in structuring, negotiating and documenting real estate-secured transactions throughout the country. His finance practice includes substantial experience in: 
  • Floating and fixed rate loans 
  • Construction loans 
  • Loan sales and participations 
  • Intercreditor agreements 
  • Ground lease financing 
  • Served as in-house counsel for a publicly-traded developer of resort real estate where he assisted with the construction, completion and sale of several luxury mixed-use and affordable housing projects 
  • Represented a Denver-based developer in all aspects of its ground-up development of two infill sites in Denver, Colorado, one containing two separate townhome projects totaling 30 townhomes and the other containing a mix of retail, apartments and townhomes, including, preparing all purchase and sale forms and all community association documents, reviewing marketing materials and providing day-to-day advice for the developer’s business, all with a particular attention to risk mitigation associated with construction defect issues 
  • Advised a national developer with respect to Colorado condominium and construction defect law in connection with its ground-up development of a suburban mixed use project containing 300 apartment units and 50,000 square feet of retail space and a downtown Denver mixed use project containing 600 apartment units and 75,000 square feet of retail space, each of which included the preparation and negotiation of a complete set of condominium documents for the project in collaboration with the project’s debt, equity and joint venture partners and, on the suburban project, the master association for the surrounding area 
  • Represented a closely-held Colorado developer in its ground-up development of three infill multifamily projects totaling 500 units, including the negotiation of the construction contracts for the projects and ultimately the pre-completion sale of one of the projects to an institutional investor 
  • Counsel to a national developer of student housing in its assemblage and redevelopment of a half city block of single family lots in Fort Collins, Colorado into a 200-bed student housing development 
  • Counsel to a national developer and asset manager in its $10 million acquisition of approximately 1,000 acres of pre-development land located in the path of major urban growth in the northeast Denver, Colorado area. 
  • Represented a Denver infill homebuilder with respect to various matters including form contract preparation, preparation of purchase and sale documents and establishment of easements and covenants for its conversion of multifamily properties into for-sale properties 
  • Represented Boys and Girls Club of Metro Denver in the 99-year ground lease, development and construction of its Holly Square facility, which was a part of the larger Holly Area Redevelopment Project 
  • Represented a brewery in its site selection, leasing and build-out of a mixed-use brew pub location in Salt Lake City, Utah and an existing industrial building in Denver, Colorado, the latter of which the client later purchased and used to expand its brewing and distribution operations into the eastern United States 
  • Counsel to a Colorado bank in its takeover, operation and subsequent disposition of a failed condominium development on the Western Slope, Colorado 
  • Counsel to a large banking corporation on a $50 million term loan secured by two mixed use projects located in Denver’s central business district, which was a consolidation of existing term and construction financing for those projects 
  • Lender’s counsel on a comprehensive $30 million facility for a national developer of build-to-suit retail real estate, consisting of a revolving facility secured by a portfolio of real estate, a revolving facility secured by a certificate of deposit and an unsecured revolving facility 
  • Counsel to a large banking corporation on its lead role in arranging a $38 million construction loan for a planned 200-unit, LEED-certified multifamily infill development in Denver’s central business district 
  • Lender’s counsel on three loans totaling $30 million for the construction of medical office buildings located in Boise, Idaho, suburban Washington D.C. and Broomfield, Colorado, each of which included collateralization of the borrower’s ground lease interest in the real property and improvements from the project’s anchor tenant and subordination of related mezzanine debt. 
  • Counsel to a federally-chartered agricultural cooperative in its restructuring of a $35 million credit facility, involving a co-lender and collateral consisting of 200 acres of agricultural land and related improvements and equipment located in three Utah counties 
  • Lender’s counsel on a $20 million term loan for the acquisition and repositioning of a failed condominium project located in Florida’s panhandle, which the borrower converted to a multifamily project after dissolving the project’s homeowner’s association 
  • Lender’s counsel on a $25 million dollar construction and permanent loan for a 10-acre, 75,000 square foot suburban Denver brewery and restaurant for one of Colorado’s premier craft brewers, including a complicated swap transaction for the total loan amount 
  • Lender’s counsel on a $37 million construction loan for the development of a 600 bed student housing facility in Tempe, Arizona, including participation of a $12 million portion of the loan to another bank

text icon Publications & Presentations
Moderator; Session 4 Case Studies
November 15, 2017
eAlerts Alerts
May 24, 2017
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Conducting Due Diligence for Real Estate Development Projects
Speaker, Urban Land Institute (ULI)
September 7, 2016
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Growing Pains & Gains: Commercial Real Estate Conference
Panelist; Mixed Use Concerns With Redevelopment
April 11, 2016
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NAIOP Colorado offers year-round engagement
Author, Colorado Real Estate Journal
July 1, 2015
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Risk-mitigation plan to restart condo development in Colorado
Co-Author, Colorado Real Estate Journal
September 17, 2014
text icon Publications & Presentations
Tax credit increases what's available for historic renovation
Co-Author, Colorado Real Estate Journal
July 16, 2014
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Disclosure Obligations for Sellers of Real Property in Colorado
Co-Author, Snell & Wilmer Legal Alert
December 19, 2013
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Panel of Experts, Pine Financial and Your Castle Real Estate’s Semiannual Real Estate Investor Success Summit
November 2, 2013
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Letters of Intent and Purchase Agreements
NAIOP Colorado’s Educational Series
October 16, 2013