|  | Professionals | George S. Craft |
 | George S. Craft |
| Education J.D., University of Houston Law Center, 1973 B.B.A., Finance, Texas Christian University, 1970 Admitted Texas Board Certified, Commercial Real Estate Law, Residential Real Estate Law, Texas Board of Legal Specialization, 1983 | George Craft is a partner in the real estate and real estate finance section of Porter Hedges. He has been listed in the The Best Lawyers in America in Real Estate Law since 2004, and has been selected as a “Texas Super Lawyer” in Real Estate in surveys conducted by Texas Monthly since 2003. Mr. Craft is also listed in Super Lawyers Corporate Counsel Edition for the State of Texas in real estate law in 2009 and 2010.
Mr. Craft is involved in a wide range of real estate related transactions including real estate finance, acquisition and disposition of real estate related assets and structuring of various real estate entities. Mr. Craft has represented developers and investors (both foreign and domestic) in connection with the acquisition, disposition, development and leasing of all types of commercial real estate, including condominium projects, apartment complexes, office buildings, residential subdivisions, regional shopping centers, unimproved property, hotels, golf courses, deep water facilities, and industrial warehouses and developments. Mr. Craft also represents landlords and tenants in connection with complex lease issues including, development agreements, operating agreements, reciprocal access and restrictive covenant agreements.
Mr. Craft's practice also includes the representation of lenders in connection with construction loans, development loans and loans secured by unimproved property and improved property, including regional shopping centers, office buildings, hotels, golf courses, industrial complexes, residential subdivisions, flex space, condominium projects, apartment complexes, including low-income housing tax credit transactions and the construction of improvements on leasehold estates.
Prior to joining Porter Hedges, Mr. Craft was a partner in the Houston firm of Cochran, Rooke & Craft and before that, he was a partner at Sewell & Riggs.
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Representative Experience
- Representation of a major international petroleum corporation in connection with its relocation to new 250,000 square foot Houston headquarters.
- Representation of various developers during the past year in the acquisition, development and leasing of over 3,000,000 square feet of retail power centers.
- Representation of a Houston-based developer within the past year in the acquisition, development and leasing of over 1,500,000 square feet of industrial warehouse space in Harris and Fort Bend Counties, Texas.
- Representation of lenders during the past year in connection with in excess of $300,000,000 construction financing of retail shopping centers.
- Representation of lenders within the last year in connection with in excess of $200,000,000 of construction financing for the development of residential subdivisions and related amenities.
- Representation of lenders during the last year in connection with in excess of $100,000,000 of construction financing for the development of office warehouse/flex space.
- Representation of lenders during the last year in connection with in excess of $400,000,000 of construction financing for the development of high rise condominiums.
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Professional / Civic Affiliations
- Martindale Hubbell AV Rated Attorney
- Member of the Houston Bar Association (Environmental Law section and Real Estate Law section)
- American Bar Association (Real Property, Probate and Trust Law and Committee Member of Real Estate Finance)
- State Bar of Texas (Real Estate, Probate and Trust section; Environmental and Natural Resources Law section)
- Member of the Texas Association of Bank Counsel
- Member of the Houston Real Estate Lawyers Counsel
- Member of the Texas College of Real Estate Attorneys
- Past President and Chairman of the Board, River Oaks Property Owners Association
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NewsArticles- "Mysterious mixed-use plans surface for Astroworld site," Houston Business Journal (04/20/12)
- "Law Firms Cut Office Space to Gain Efficiency," Law360 (11/09/11)
- "The plan to continue ignoring the mortgage crisis," Houston Chronicle (10/25/11)
- "Porter Hedges Shows That a Midsize, Single-Office Firm Can Compete, and Win, Amid the Giants," Of Counsel Magazine (07/2011)
- "Firm Finance: Porter & Hedges," Texas Lawyer (04/25/11)
- "Houston real estate experts' predictions for 2010 turned out close to the mark," Houston Business Journal (01/28/11)
- "Porter & Hedges courts success by sticking with veteran attorneys, niche practices," Houston Business Journal (11/12/10)
- "Houston experts differ on fallout over foreclosure fray," Houston Business Journal (10/17/10)
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