Myrna Schack Latham

Representative Experience

• Representation of owner/developer group and affiliated entities (which include data center colocation and managed IT services company, and industrial-scale bitcoin mining and digital asset company) in acquisition, redevelopment, and expansion of 2 million sf former Western Electric/AT&T manufacturing facility in Oklahoma City into data center and business campus with expansive and redundant power (including dedicated onsite electrical substation) and fiber connectivity; including title/survey matters, environmental remediation, project financing, utility agreements, and leases/colocation agreements.
• Representation of owner/developer group in redevelopment of iconic one million square foot First National Center in downtown Oklahoma City (over $250 million redevelopment project with boutique luxury hotel and premium residential units, restaurants, retail, business incubator space, and a 14-floor parking garage), including title and survey matters, condominium documents, environmental matters (including Brownfield loans for remediation of asbestos and lead paint), leasing, operation and service agreements, and project financing (including construction loans, tax increment financing through the City of Oklahoma City, new markets tax credit financing, state and federal historic rehabilitation tax credit financing, tourism tax credits, and HUD Section 108 financing).
• Representation of owners/developers in acquisition, master planning, and development (including title/survey, zoning matters, permitting, utility easements and connections, engineering and traffic studies, tax increment financing, design guidelines, purchase and sale agreements, and leasing) of University North Park, a 585-acre planned unit development in Norman, Oklahoma, which includes public park, hotel/conference center, retail, multi-family residential, office and industrial owners and tenants.
• Representation of owner/developer group in acquisition and redevelopment of historic Journal Record Building and adjacent property in downtown Oklahoma City, which sustained extensive damage in 1995 as a result of the bombing of the Murrah federal building, including site acquisition, title/survey matters, negotiation of architectural agreements and construction contracts, and project financing (which included economic development assistance from the City of Oklahoma City, the Oklahoma Industrial Cultural and Facilities Trust, and the Oklahoma City Economic Development Trust).  Current phase of development includes expansion of multi-level parking garage expansion and construction of a new 12-story building, with commercial financing from private lenders, tax increment financing, and C-PACE (Commercial Property Assessed Clean Energy) financing through Oklahoma County’s C-PACE program, which provides low-cost, long-term funding for expenditures related to energy efficiency, including lighting, HVAC systems, and energy efficient building materials.
• Representation of City of Tulsa and Tulsa Public Facilities Authority in $52.25 million purchase of multi-tenant office building and parking garage for use as City Hall, including assistance with project financing (which included revenue bonds issued by the Authority), tenant leases, and other matters related to management and operation of the building and parking garage.
• Representation of Devon Energy Corporation in site acquisition and development of 50-story office tower and complex in downtown Oklahoma City ($750 million project, with more than 1.9 million square feet of space, as well as parks, plazas, and other public spaces), including negotiation and drafting of agreements related to acquisition and development of the project site, title/survey review and other due diligence, and working with city leaders to facilitate state and local government incentives, including tax increment financing and other financing arrangements for public improvements surrounding the Devon project.
• Representation of sellers and buyers in commercial real estate transactions, including transactions involving Internal Revenue Code Section 1031 exchanges and tenant-in-common arrangements.
• Representation of landlords and tenants in commercial leasing transactions.
• Representation of lenders and borrowers in commercial financing transactions, including acquisition and construction financing.
• Representation of individuals and businesses in organizing and structuring business entities (including corporations, partnerships, and limited liability companies) and joint ventures.
• Representation of hospitals, physician groups and other healthcare organizations in property-related transactions (including leases, real estate sales and acquisitions, and financing transactions).
• Representation of public entities, including state universities and foundations, municipal hospitals, county hospitals, and public trusts in property-related transactions (including leases, real estate sales and acquisitions, and financing transactions), investment management contracts, and matters concerning public contracting (including competitive bidding requirements).