Overview

About Patrick

Patrick Abell represents clients in the purchase, sale, leasing, financing, and development of real property. Patrick has represented startup ventures, nonprofit organizations, private businesses, and publicly traded companies in a variety of complex real estate transactions. Patrick has also represented pro bono clients on various matters, including landlord-tenant disputes.

Before joining Stoel Rives, Patrick served as the first in-house counsel at Pacaso Inc. (2020–2021) and was an associate (2017–2020) and summer associate (2016) in the real estate practice group of Thompson Hine LLP in Cleveland, Ohio. Earlier in his career, Patrick was a captain in the U.S. Marine Corps (Active Duty 2008–2011; Reserve 2012–2018). In 2011, he was deployed to Helmand Province, Afghanistan, during Operation Enduring Freedom.

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Experience

Experience

  • Representation of publicly traded REIT on the acquisition and disposition of more than a dozen shopping centers across the U.S.
  • Representation of prop-tech startup in the real estate aspects of multiple venture capital fundraising rounds.
  • Led legal analysis for more than 75 real estate acquisitions totaling greater than $250 million in luxury real estate assets.
  • Negotiation of $50 million line of credit with lender to provide debt financing for purchase of real estate assets.
  • Analysis of zoning codes and land use ordinances in support of client real estate development matters.
  • Representation of private real estate developers in the drafting and negotiation of various retail tenant leases in shopping centers across the U.S.
  • Representation of financial lending arm of a privately held automobile manufacturer in over a dozen mortgage financing transactions nationwide.
  • Representation of borrower clients in the drafting and negotiating of opinion letters in support of mortgage financing transactions.
  • Representation of large nonprofit foundation on the development of a new 55,000-square-foot headquarters building.
  • Representation of a privately held real estate developer in the $40 million development of a 700,000-square-foot manufacturing facility.
  • Representation of a publicly traded life insurance company in the development of a 180-unit, mixed-use multifamily housing and retail site.
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Honors

Honors & Activities

Professional Honors & Activities

  • Multnomah Bar Association, 2020–present

Civic Activities

  • The Pat Tillman Foundation, 2013–present
  • Harvard Club of Oregon and Southwest Washington, 2020–present
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Insights & Presentations

Insights & Presentations

  • “What Out-of-State Buyers Should Know About California Real Estate Transfer Taxes (co-author),” Stoel Rives LLP, June 16, 2023
  • “Some Commercial Property Owners Can Go Green With ‘Propertyfit’” (co-author), Daily Journal of Commerce, December 6, 2022
  • “What Developers Must Know About New Ohio Brownfield Law” (co-author), Law360, August 20, 2020
  • “What Landlords Should Consider Before Reopening Gyms” (co-author), Thompson Hine LLP, June 22, 2020
  • “CARES Act and Landlord-Tenant Disputes: Rent, Mortgage Relief, Eviction Moratoriums, Related State Restrictions,” Strafford CLE Webinar, June 16, 2020
  • “Ohio Report: COVID-19 Relief for Commercial Tenants and Borrowers” (co-author), Thompson Hine LLP, April 2, 2020
  • “Coronavirus Challenges Facing Commercial Property Owners,” Bloomberg Law ESG News, March 18, 2020
  • “Flying Above the Law? Commercial Drone Regulation in the U.S.,” ICSC Ohio, Kentucky, Indiana, Michigan & Pennsylvania Retail Development & Law Symposium For Lawyers and Real Estate Professionals, March 1, 2020
  • “Winter is Coming: The Clock is Ticking on Opportunity Zones Ahead of December 31 Deadline,” 41st Annual Real Estate Institute, Cleveland Metropolitan Bar Association, November 8, 2019
  • “Forum-Selection Clauses in Construction Contracts—After Atlantic Marine” (co-author), Thompson Hine LLP, July 11, 2016



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