Professionals

Jordan H. Peters

Partner

P: (312) 360-6506 (direct)
F: (312) 360-6520

Core Values In Action

“When we founded the Firm many years ago, we wanted to create a unique environment where every one of us could thrive and fulfill our professional potential.  The values we created then – Integrity, Caring, Effectiveness, Teamwork and Commitment – have stood the test of time, and that is a remarkable accomplishment.”

Jordan H. Peters is a Partner in the Real Estate Practice Group. 

For most of his legal career Jordan has engaged in a commercial real estate practice and has more than 30 years of experience representing parties to real estate transactions. His current practice is focused on acquisitions and dispositions, real estate-based financings and leasing. His clients include developers, lenders, investors and corporate owners and lessees of office, industrial and retail properties. He also has a background in transactions involving specialized real estate interests such as mineral estates and railroad rights of way. Jordan also has participated in and supervised many transactions in which the Firm has acted as issuer’s counsel and underwriter’s counsel in government financings. He also regularly acts as local counsel in large, multi-jurisdictional financings where loan parties or collateral are located in Illinois. He also  works closely with lawyers in the Firm’s Corporate Practice representing clients in mergers, acquisitions and dispositions where significant real estate assets are involved.

Jordan is also active in real estate professional societies and in legal education relating to real estate and provides pro bono representation to charitable organizations in the Chicago metropolitan area with needs in areas of real estate, project finance and corporate governance.

Representative Matters

  • Provided local counsel assistance for the acquisition, including an analysis of the zoning and other entitlements applicable to the site. In addition, provided an analysis of the vertical subdivision, including the respective rights of the office and also provided assistance with the closing, including an opinion of counsel for the assumed financing.

  • Sale of air rights for major Loop location, in which we provided local counsel assistance, including advice concerning the agreement for the sale of air rights, the zoning approvals being sought by the developer and the developer’s petition to vacate part of their former location.

  • Development of mixed use commercial, hotel and residential project in downtown Chicago. Represented the developer in acquiring the site and amending an existing declaration of covenants, easements and restrictions to enable development of the project and in connection with the site plan approvals.

  • Represented the sellers in negotiating the listing agreement for the properties, negotiating the purchase and sale agreement, closing the sale transaction, and resolving a number of transition/post-closing issues.

  • Represented client in a complex transaction involving the purchase of a tract of land adjacent to an airport and negotiating with the airport an access agreement, a ground lease, a road easement, and the sale to the airport of part of the purchased land. 

  • Represented Canada's largest freight railroad and intermodal transportation provider's purchase of a railroad operating in the suburbs surrounding Chicago, from a major integrated steel producer. 

  • Counsel to the developer of a major Chicago building in connection with a vertical subdivision and $100 million refinancing.

  • Local counsel to the borrower parties in a one billion Euro corporate financing in which significant Illinois assets were involved.

  • Counsel for the developer of a regional shopping mall in connection with $32 million of first and second lien construction financing.

  • Counsel to a private real estate lender in connection with a $13 million loan for the construction of a hotel and the subsequent refinancing of the construction loan with industrial revenue bonds.

  • Counsel to the owner of a large suburban shopping center in connection with the acquisition from a party operating in bankruptcy of a key parcel required for the redevelopment of the center.

  • Pro bono Counsel to a church in connection with the assembly of a development site in Chicago and the financing and construction contracts for development of a church building and community center.

Practice Areas

Education

  • J.D.,The John Marshall Law School,with highest honors; graduated first in his class
    Editor-in-Chief, The John Marshall Journal of Practice and Procedure (now known as The John Marshall Law Review)
  • B.A.,Brown University

State Bar Admissions

  • Illinois 

Honors and Awards

  • Leading Lawyers Network Magazine - Top 100 Real Estate-Related Lawyers - 2014

Professional Activities

  • Chicago Bar Association
  • Illinois State Bar Association
  • American Bar Association
  • Board Member and former President, Ely Chapter, Lambda Alpha International, an honorary land economics society
  • The John Marshall Law School's Board of Trustees
  • President and Member of the Board of Directors, Chicago Bar Association Condominium Association

Teaching experience

  • Member, Adjunct Faculty of the Center for Real Estate Law at The John Marshall Law School, currently teaching Real Estate Finance
  • Instructor, Continuing Legal Education programs on Real Estate

YouTube Videos

News

Freeborn Named Top Midwest Real Estate Law Firm

Midwest Real Estate News has named Freeborn & Peters LLP one of the top real estate law firms in the Midwest in its annual “Best of the Best” issue. The Chicago-based firm ranked 20 out of 85 firms that submitted. Rankings are based on the number of real estate transactions performed in 2013.

Jordan Peters, who serves as the chairman of the building committee of The John Marshall Law School's Board of Trustee, provided comment on the school's award-winning expansion.

Law Firm Provides Pro Bono Services for Not-For-Profit Entities in Chicago

Jordan H. Peters and Helen N. Baker are featured in the Chicago Daily Law Bulletin, in an article that centers around their pro bono work on behalf of Interfaith House and Inspiration Corporation.

Interfaith House Stands On Solid Foundation With the Support of Freeborn

Interfaith House has purchased the building it has occupied for the past 16 years, located at 3456 W. Franklin Boulevard, in Chicago. The former nursing home serves as a 64-bed site for interim housing and care for indigent adults after their release from local hospitals. Freeborn & Peters’ pro bono team assisted Interfaith House in completing the transaction.

Freeborn Proud to Support "Investing in Justice Campaign"

Freeborn is proud to sponsor the "Investing in Justice Campaign," which is overseen by the Chicago Bar Association.

Insights

Legislation Update: Bankruptcy Case Affecting Illinois Mortgages

Illinois adopts legislation to address Crane v. The Gifford State Bank, the bankruptcy case that allowed a Chapter 7 trustee to avoid mortgages on Illinois properties because they did not include a statement of the interest rate or maturity date applicable to the secured indebtedness.

Development News - Second Edition 2012

The Real Estate Practice Group published, Development News - Second Edition 2012.

Development News - First Edition 2012

The Real Estate Practice Group published Development News - First Edition 2012.

Share
  • Share on LinkedIn