Byron C. Prescott

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Prescott, Byron (1)

Byron C. Prescott

PARTNER
Office
500 North Akard Street
Suite 2700
Dallas, Texas 75201
Overview
Byron C. Prescott manages a national practice representing a variety of clients in various real estate matters. Byron’s prior experience as in-house counsel for a major international institution helps him better understand his clients’ needs and businesses when it comes to working with mid and large sized organizations. Byron has coordinated deals from raw idea through to conclusion and actively participates in the decision-making and business process. Byron is attuned to business issues and to the importance of timing in a business transaction as well as exit strategies. He focuses on meeting his clients’ business objectives and believes that high-quality work delivered efficiently is critical to his clients.

Banking

  • Banking Litigation and Foreclosures

Corporate & Business

  • Contract Drafting & Negotiation

Real Estate

  • Commercial Acquisitions & Dispositions
  • Commercial Leasing/Workouts
  • Commercial Loans & Loan Restructuring
  • Landlord/Tenant Disputes
  • Note Purchases & Sales
  • State Bar of Texas

When his clients are in the market to buy, Byron advises his commercial real estate clients interested in the purchase and sale of notes secured by real property. Additionally, he helps guide borrowers who manage commercial loan and project finance transactions secured by all forms of real and personal property including inventory, machinery, equipment, furniture, fixtures, negotiable and non-negotiable instruments.

Byron’s over 25 years of experience as an attorney in the real estate industry provides him the opportunity to be an advocate for his clients in a variety of different transactions. For example, as a champion for his clients developing properties in urban settings, Byron negotiates with appropriate municipalities to help projects move smoothly and efficiently through the municipal approval process. Byron counsels banks and other lending institutions on various loan transactions such as resolving distressed and defaulting loans as well as loan foreclosures and modifications.

Property Type Experience:

Office buildings/complexes
Multi-use developments
Industrial buildings/parks
Regional malls
Shopping centers
Hotels and resorts
Condominium regimes
Senior living communities
Luxury Apartments (all classes)
Master-planned residential communities
Medical Facilities
Restaurants
Cellular Site Leasing
380 Agreements

Byron has handled a variety of real estate matters for the following types of clients:

Developers
Investors
Lenders
Profit participants
Institutions
Syndicators
Landlords
Tenants
Real estate advisors
Property Managers
Special Servicers
Real Estate Investment Trusts
Restaurant Companies
Hotel Companies
Medical Providers

  • Member, Dallas Bar Association
  • Bachelor of Arts, Southern Methodist University, 1986
  • Juris Doctor, The University of Tulsa College of Law, 1992