PETER B. FARROW
Attorney
69 Pleasant Street
Concord, Massachusetts 01742
(978) 369-5450 Fax (978) 369-7624

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Education

J.D., magna cum laude, 1972, UNIVERSITY OF MICHIGAN LAW SCHOOL

Michigan Law Review, Order of the Coif

A.B., cum laude, 1964, HARVARD UNIVERSITY

Legal Experience

Engaged in private practice with emphasis on real estate law, including

acquisition, development, financing, land use regulation, leasing, management, preservation, sale and condominium matters. Illustrative experience includes

- Representing property owners and developers on purchase, sale, financing and leasing of major commercial real estate

- Representing major Boston banks in loans for acquisition of existing real estate and new construction on transactions of $1 - $20 million

- Representing municipal and state agencies in affordable housing development

- Representing non-profit organizations in real estate and other matters, including incorporation, internal affairs, contracts and tax

- Representing banks and owners in federal, state and local regulatory matters

- Representing individuals and small businesses in a wide range of legal matters

- Forming condominiums and representing condominium organizations in developing and negotiating management contracts, and in structuring relationships among unit owners

- Successfully appeal of case involving a seminal condominium issue in Massachusetts Appeals Court and Supreme Judicial Court

BROWN, RUDNICK, FREED & GESMER, Boston, Massachusetts - 1972-1992

Partner, 1979-1992

SOLE PRACTICE - 1993-present

- Clients include the City of Cambridge, City of Chelsea and nonprofit housing corporations (as to affordable housing matters), a major family-owned Boston area commercial property firm (as to commercial leasing and general real estate matters), the Massachusetts Development Finance Agency (as to real estate financings) and the Massachusetts Housing Investment Corporation (for affordable housing loan transactions)

- Recent transactions include local counsel representation of out-of state energy company in acquisition of one oil terminal and lease of a second terminal, preparation of inclusionary zoning affordable housing restrictions for the City of Cambridge and the Town of Watertown, closing Allen Park (Springfield MA), a Title II acquisition which included Transfer of Physical Assets, Section 241(f) acquisition financing through MHFA and Flexible Subsidy financing, and representation of lenders of HOME and other affordable housing funds

- Practice designed, through optimum use of computer and telecommunications technologies, to provide a high level of service at reasonable rates

- Billing based on rates from $100 for public sector and nonprofit clients. (Higher rates apply to for-profit clients.) Alternate billing can be arranged

Administrative Experience

- As member of Concord Planning Board, responsible for conceptualization, drafting and implementation of recent amendments to Concord Zoning By-law

- As member of town committees, responsible for coordination, communication and implementation of a variety of public purpose goals

- Served as a member of Brown Rudnick's Compensation Study Committee, Chair of Brown Rudnick's Space Committee for move to new 75,000 square foot office space, member (and later Chair) of Brown Rudnick's Associate Evaluation Committee and Chair of Brown Rudnick's Associate Training Committee

Bar Admissions

Massachusetts 1972

Professional Activities

MBA speaker - Corporate Law for Real Estate Attorneys (March, 1995)

MCLE speaker during the 1980's including programs on Commercial Real Estate Loan Closings (1985 and 1989); and Chair, Practice Forms/Tax Consequences of Real Estate Ownership (1986)

Community Activities

Member, Concord Planning Board (1991 to 1996 - Chair 1994-5)

Vice Chair, Concord Affordable Housing Committee - 1995 to present

Member, West Concord Study Committee (1992-3), Concord Landfill Task Force (1993), Concord Roads Management Advisory Committee (1994), Concord Economic Viability Task Force (1994-5)