Ray is a member of the firm’s Commercial Real Estate and Coporate & Business Transactions practice groups, focusing on commercial real estate, real estate litigation and business transactions.
His commercial real estate practice encompasses all aspects of commercial real estate transactions including representing clients in the purchase, sale, financing and defeasance of office buildings, office parks, shopping centers, industrial properties, apartment complexes, and marinas in the eastern United States.
Ray regularly represents borrowers in the closing of securitized or “CMBS” loans secured by commercial real estate for loans ranging from $2.0Mil. to $100Mil. Ray has worked with loan servicers and special servicers in the assumption of securitized or “CMBS” loans. Ray has experience managing and leading the legal team real estate transactions that included multiple commercial properties located in several states. In addition to handling the foreclosure of commercial real estate securing loans. Ray represents lenders in loan modifications and workouts of troubled loans.
He also provides legal counsel for a variety of commercial and corporate transactions.
Representative Matters
- Served as local Virginia counsel to consortium of lenders making a refinance and construction loan in excess of $1Bill. for an industrial property.
- Represented English receiver seeking recovery of embezzled funds in tracing action obtaining judgment in excess of $6Mill. and liens on real property purchased with the embezzled funds.
- Represented multi-office engineering firm in sale of company to an international engineering firm.
- Represents real estate investment company in the purchase, sale, and financing of multi-family properties, including transactions involving multiple properties.
Attorney Perspectives
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Corporate Transparency Act: Final Regulations Issued
October 24, 2022 -
Commercial Real Estate Attorney Selected for the 2021 Virginia Super Lawyers List
May 6, 2021 -
Paycheck Protection Program after the COVID-related Tax Relief Act of 2020 and the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act
January 4, 2021 -
Simplified PPP Forgiveness Procedure for Loans of $50,000 or Less
October 12, 2020 -
PPP Loan Forgiveness Application, After the Payroll Protection Program Flexibility Act of 2020
June 24, 2020 -
When to Apply for Forgiveness of a PPP Loan
June 24, 2020 -
Amendments to CARES Act — Paycheck Protection Program Flexibility Act
June 8, 2020 -
Additional PPP Loan Forgiveness Guidelines
June 2, 2020 -
Additional guidance from the SBA on “available liquidity” element of certifications for PPP Loans — Safe Harbor extended to May 18, 2020.
May 15, 2020 -
Certifications made on application for a PPP Loan — Safe Harbor deadline extended to May 14, 2020.
May 14, 2020
Speaking Engagements
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Norfolk and Portsmouth Bar | The Bright Light of the Corporate Transparency Act
September 20, 2023
Seminars + Events
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The Bright Light of the Corporate Transparency Act
September 20, 2023
Recognition
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Best Lawyers in America Recognizes 70 WRVB Attorneys
August 17, 2023 -
Twelve WRVB Attorneys Named “Lawyer of the Year” for Roanoke and Norfolk
August 17, 2023 -
Thirty-Seven WRVB Attorneys Named to 2023 Virginia Super Lawyers and Rising Stars List
May 1, 2023 -
26 WRVB Attorneys Named “Top Lawyers” for Norfolk, Coastal Virginia Magazine
January 24, 2023 -
70 WRVB Attorneys Named to 2022 “Legal Elite”
November 29, 2022 -
WRVB Attorneys Make Major Showing in Best Lawyers in America
August 16, 2022 -
Attorneys Selected for the 2022 Virginia Super Lawyers List
May 5, 2022 -
Commercial Real Estate Attorneys Recognized as 2022 Top Lawyers of Coastal Virginia
January 6, 2022 -
Vandeventer Black Attorneys Recognized as 2022 Top Lawyers of Coastal Virginia
January 1, 2022 -
28 Vandeventer Black LLP lawyers named to 2022 Best Lawyers® list
August 19, 2021 -
14 Attorneys Selected for the 2021 Virginia Super Lawyers List
May 6, 2021 -
Commercial Real Estate Attorney Selected for the 2021 Virginia Super Lawyers List
May 6, 2021 -
Vandeventer Black Attorneys Selected as 2020 Legal Elite
November 30, 2020 -
CRE Attorneys Ambrosio, Crouch, and King Named to 2021 Best Lawyers® list
August 28, 2020 -
CRE Attorney Ray W. King Named 2021 Best Lawyers® “Lawyer of the Year”
August 28, 2020 -
Attorneys Named 2021 Best Lawyers® “Lawyer of the Year”
August 24, 2020 -
28 Attorneys Named to 2021 Best Lawyers® list
August 20, 2020 -
Vandeventer Black Attorneys Selected for the 2020 Virginia Super Lawyers List
May 7, 2020 -
Twenty-two Vandeventer Black Attorneys Selected as 2019 Legal Elite
November 25, 2019 -
Business and Commercial Real Estate Attorneys Named to the 2020 Best Lawyers® list and Receive the “Lawyer of the Year” distinction
August 28, 2019