Overview
Jeff Nielson is a transactional attorney specializing in the development, acquisition, and financing of commercial real estate projects across the United States.
Jeff has deep experience in the renewable energy industry and regularly represents developers, tax equity investors, and lenders in connection with solar and wind projects. His practice includes drafting and negotiating site control instruments and securing energy project title insurance. He also advises renewable energy developers on mergers and acquisitions and regulatory matters.
Jeff frequently represents financial institutions in connection with construction, bridge, and other secured real estate financings. He has handled loan originations totaling hundreds of millions of dollars covering office buildings, retail centers, industrial facilities, and other asset classes.
Before joining the firm, Jeff practiced law in Las Vegas, NV. He has also served as assistant general counsel at a financial company specializing in the acquisition and servicing of distressed commercial real estate loans.
Education
Baylor Law School, J.D., 2013; Executive Editor, Baylor Law Review
Brigham Young University, B.A., Political Science, 2009
Admissions
Idaho
Nevada
Texas
Languages
- Swedish
Experience
- Provided primary real estate counsel to NYC-based renewable energy developer for multiple projects, including:
- Acquisition of early-stage 80 MW solar project in Montana and post-acquisition development real estate support, including drafting and negotiating solar ground leases and transmission easements.
- Resolving significant site control issues affecting 61 MW solar project near Reno, Nevada, including amending and restating leases and easements, negotiating crossing licenses with holders of exclusive gas pipeline easements, preparing shared facilities agreements, creating SPE holding company to acquire title to substation and obtaining title policies acceptable to financing counterparties.
- Negotiation of leases, easements, and other site-related agreements for development of portfolio of solar projects in Kittitas County, Washington (aggregate 25 MW).
- Acquisition of portfolio of operating wind projects in Iowa from multinational investment management firm (aggregate 80 MW).
- Handling of all real estate aspects of multi-tranche tax equity investment made by national bank covering projects across the country (over $200 million invested to date).
- Acquisition of portfolio of NTP solar projects in North Carolina (aggregate 30 MW).
- Counseled San Diego-based renewable energy developer in site control and M&A matters for dozens of projects to support rapid expansion of footprint in utility-scale and community garden solar spaces.
- Representation of Connecticut-based renewable energy developer in developing and deploying financeable rooftop lease template for use on warehouse projects throughout northeastern U.S.
- Managed real estate matters related to tax equity investments made by Indiana-based bank into renewable energy projects across the United States.
- Representation of international corporation on $12 million sale and leaseback transaction of industrial property in Las Vegas.
- Representation of publicly traded company in securing sites and negotiating long-term leases for portfolio of industrial properties across the United States.
- Conducted due diligence analysis, including title and survey review, for $200 million purchase of hotels in California.
- Conducted corporate due diligence, including real estate matters for dozens of leased and owned restaurant and hotel properties, in connection with $400 million acquisition of large nightlife company.
- Served as lead counsel to mortgage investment departments of national life insurance companies in:
- $90 million portfolio construction loan secured by six multifamily housing developments in Southwest Texas.
- $50 million construction loan in Houston, Texas, secured by mixed use development.
- $35 million permanent loan secured by student housing complex in Boise, Idaho.
- Origination and closing of dozens of commercial loans throughout the Western United States ranging from $15 million to $100 million.
Insights
Insights & Presentations
- “Idaho’s Supreme Court Raises New Questions About the Essential Elements of a Lease” (co-author) Stoel Rives LLP legal update, February 2023
- “Real Estate Issues in Renewable Energy Transactions,” Idaho State Bar Real Property Section, May 2022
- “The Idaho Supreme Court Is Making It Easier to Inadvertently Lose Property Rights” (co-author) Stoel Rives LLP legal update, January 2022
- “Recent Cases Show How Idaho Courts Can Salvage Oral Real Estate Agreements” (co-author) Stoel Rives LLP legal update, March 2021
- “It’s Not Easy to Fix an Error in a Deed” (co-author) Stoel Rives LLP legal update, May 2019
- “Recent Idaho Case Highlights Risks of Dealing with Warranty Deeds and Unsurveyed Land” (co-author) Stoel Rives LLP legal update, April 2019
- “Recent Case Highlights Vital Lessons for Holders of Rights of First Refusal” (co-author) Stoel Rives LLP legal update, April 2019
Recognition
- Selected by the Idaho Business Review as an Accomplished Under 40—Class 2023 honoree
Affiliations
Professional
- State Bar of Idaho, Member, 2019–present
- State Bar of Texas, Member, 2013–present
- State Bar of Nevada, Member, 2017–present