Barton E. Clemens, Jr.

Barton E. Clemens, Jr. was graduated from the University of California at Santa Barbara and received his Juris Doctor degree from the University of California at Los Angeles.  Bart joined Reicker Pfau as a Partner in 2022.  Prior to that he was a Partner with Seed Mackall, LLP for 25 years.

Bart’s practice emphasizes real estate, financial and business transactions.  He represents companies through the full life cycle of real estate ownership, including the creation of ownership structures, syndications, due diligence activities, development, operation and disposition.  He has represented numerous companies in joint ventures with pension funds, sovereign wealth funds and publicly traded insurance companies.  He has extensive experience in all aspects of real estate finance, including CMBS loans, Fannie and Freddie backed loans and life insurance company loans.  He represents institution and private lenders and has substantial experience in structuring work-outs of troubled loans for borrowers and lenders.  Bart’s approach to real estate and financial transactions is very practical and bottom line oriented.  A large number of his clients ask him to function like a principal in their business, negotiating deal points and making cost/benefit analyses.

• Officer and Director of Family Service Agency of Santa Barbara
• Director of Montecito Community Foundation
• Officer and Director of The Valley Club of Montecito
• President and Director of Knowlwood Tennis Club

• Distinguished Advocate Award in Moot Court Honors Program
• Magna cum laude
• Outstanding Graduating Senior in Department
• Phi Beta Kappa

• Represented sponsor in formation of joint venture with life insurance company and acquisition of $160 Million Shopping Center in Long Beach, California
• Represented borrower in negotiation of $100 Million CMBS loan secured by a portfolio of commercial properties
• Represented borrower in $22 Million Life Insurance Company loan secured by multifamily project in Playa del Rey, California
• Represented borrower in $15 Million new CMBS loan and defeasance of existing loan secured by commercial property in Santa Barbara, California
• Represented bank in negotiating and documenting loans secured by hotel, commercial and restaurant properties
• Represented investment group in sale of commercial property, formation of tenancy in common ownership structure and exchange into multifamily project in Texas
• Represented sponsor in recapitalization of $95 Million shopping center in Newport Beach with pension fund equity partner and new financing
• Represented shopping center owner in negotiation of $63 Million loan