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DOUGLAS A. PRAW

PARTNER

  • J.D., 2002
    Southwestern University
  • B.S., 1998
    Washington University in St. Louis

Douglas A Praw
601 South Figueroa Street
41st Floor
Los Angeles, CA 90017
USA
213.426.2664

Doug Praw is a partner in Goodwin Procter’s Business Law Department and a member of the Real Estate, REITs & Real Estate Capital Markets Group. He has extensive experience in a wide range of real estate and public finance matters.

WORK FOR CLIENTS

Mr. Praw has provided counsel to the spectrum of real estate investors, from developers, owners and borrowers to underwriters and municipalities, special districts and other governmental agencies.

Mr. Praw’s acquisition/disposition work includes representation of:

  • CommonWealth Partners LLC and its affiliate Fifth Street Properties, in one of the largest real estate transactions in California at the time. The transaction involved the sale of a $1.5 billion portfolio of Class A high-rise and marquis office buildings in Los Angeles, Glendale, Orange County, San Diego, Denver, Austin and Phoenix. The deal was later recognized by the Los Angeles Daily Journal in its annual “Deal of the Year” issue.
  • Prime Property Fund in the $177 million acquisition of 6500 Wilshire, Los Angeles, CA.

Mr. Praw’s financing work includes representation of:

  • Prime Property Fund in the $475 million refinancing of the Fashion Valley Mall in San Diego, CA
  • Angel Fire Ski Resort in connection with a $25 million financing from the New Mexico Finance Authority for public infrastructure improvements.

Mr. Praw’s development work includes representation of:

  • Emerson College in the approval of the Emerson College Los Angeles Campus on Sunset Blvd., Los Angeles, CA.
  • Westfield Corporation in connection with the redevelopment of Westfield Culver City.

Mr. Praw’s public finance work includes representation of:

  • Winrock Partners and Hunt Development Group in connection with the issuance of $164 million in municipal bonds to finance public infrastructure for the Winrock/Quorum Town Center Redevelopment Project in Albuquerque, NM.
  • City National Bank in connection with its provision of credit enhancements that resulted in a $12 million Qualified School Construction Bond for the funding of construction of the High Tech High Charter School in Chula Vista, CA.

PROFESSIONAL ACTIVITIES

Mr. Praw is a member of the American Bar Association, Urban Land Institute and the National Association of Bond Lawyers. He is also a member of the Milken Institute’s Young Leaders Circle and serves as the Co-Chair of the Los Angeles Chapter of the Alumni and Parents Association for Washington University in St. Louis.

Mr. Praw serves on the editorial board of the firm’s real estate practice newsletter REsource: A Goodwin Procter Publication for the Real Estate Industry and is a founding editor of Goodwin Procter’s Sustainable Development blog (goodwinsustainabledevelopment.com).

MEDIA

Mr. Praw’s presentations include “Tax Increment Development District: Another Tool in the Economic Development Toolbox” for the City of Albuquerque, New Mexico and “How Local Governments are Keeping Up with the Issue of Sustainability” at the Urban Land Institute of Los Angeles’ Eighth Annual Marketplace Conference on Sustainable Development.

Mr. Praw is a frequent contributor to Goodwin Procter’s Municipal Bankruptcy Blog, reporting on a range of topics currently affecting distressed municipalities. He has been published in American City and County Magazine, Water Impact, The California Real Estate Journal, Western Real Estate Business (cover story), Builder and Developer magazine, and REsource: A Goodwin Procter Publication for the Real Estate Industry. Mr. Praw has also been quoted in “Late to the Party; Trendsetting Los Angeles Makes a Fashionably Late Entrance to the Green Movement,” Commercial Property News (November 2007).

BAR AND COURT ADMISSIONS

Mr. Praw is admitted to practice in California.

RECOGNITION

Mr. Praw was recently included in the Los Angeles Business Journal's Who’s Who in L.A. Law: Angelenos to Know in Real Estate Law” (2013) and in the 2013 edition of Chambers USA: America’s Leading Lawyers for Business (Real Estate).

Mr. Praw has been recognized as a “Southern California Rising Star” by Los Angeles Magazine and Super Lawyers Magazine (2006 – 2013), and selected by Real Estate Southern California magazine as one of the top “40 Under 40” most successful and youngest stars of the Southern California real estate industry. In 2005, the Los Angeles Business Journal profiled him as one of a handful of young professionals in its “Who’s Who in Real Estate” compendium.