Richard J. Crouch

Richard is a partner with Vandeventer Black and concentrates his law practice in business, commercial transactions, and commercial real estate matters.

Richard’s business and commercial transactions practice includes commercial real estate acquisitions, dispositions, leasing, development, and finance.  He regularly works with real estate acquisition firms, developers, property management groups, commercial tenants and lenders in the structuring and closing of commercial transactions.  Richard works regularly from the firm’s Richmond office.

Richard received a B.S. in Business Administration (cum laude) from the University of Richmond, where he concentrated his studies in Economics and Finance.  He received his J.D. (cum laude) from T.C. Williams School of Law, University of Richmond, where he served as Senior Staff on the Technology Committee for the Richmond Journal of Law & Technology.  Richard earned the CALI Excellence for the Future Awards for achievements in the study of both Antitrust and Intellectual Property Law.


Representative Matters

  • Handled for Continental Capital Partners and its affiliates a $58.5 million portfolio acquisition, mortgage financing, and mezzanine financing of five (5) office buildings in Nashville, Tennessee with financing exceeding $49 million.
  • Handled for Continental Capital Partners and its affiliates a $37.3 million portfolio acquisition, mortgage financing, and mezzanine financing of four (4) office buildings in Raleigh and Durham, North Carolina with 1031 exchange implications and financing exceeding $28 million.
  • Handled refinance and credit facility loan with two (2) lenders and four (4) borrowers for financing exceeding $71 million, including an assignment of mortgage prior to refinance resulting in approximately $160,000 in immediate savings to the client due to mortgage taxes.
  • Handled a $12 Million portfolio disposition of thirteen (13) shopping centers located in seven (7) cities in Hampton Roads, Virginia in a simultaneous closing involving five (5) seller entities, thirteen (13) purchaser entities, and five (5) lenders.
  • Handled for Continental Capital Partners and its affiliates a $25.5 million portfolio acquisition, mortgage financing, and mezzanine financing of industrial buildings in Reading, Pennsylvania with financing exceeding $19.5 million.
  • Handled a total of thirty-four (34) land acquisitions in Virginia and Florida for Dollar Tree retail developments.
  • Handled for Continental Capital Partners and its affiliates a $46.5 million portfolio acquisition, mortgage financing, and mezzanine financing of office buildings in Charlotte, North Carolina with financing exceeding $27 million.
  • Handled $31 million in refinances for four (4) income-producing properties for Robinson Development Group, Inc. and its affiliates, including a strategic loan structuring that saved the client over $40,000 in mortgage taxes.
  • Handled a $30 Million shopping center loan in Virginia Beach, VA, including an assignment of mortgage prior to the refinance resulting in approximately $70,000 in immediate savings to the client due to reduced mortgage taxes. The financing involved a conduit lender for which the four (4) existing tenant-in-common borrowers had to be restructured and qualified in Delaware.
  • Handled a portfolio acquisition for five (5) shopping centers involving ten (10) buyers in a simultaneous closing in South Carolina with 1031 exchange implications and financing exceeding $14 Million.
  • Handled a $29 Million sale of membership interests of a property owner limited liability company, whereby the client saved $108,000 in grantor’s tax.
  • Handled acquisitions, dispositions, and development of commercial properties valued from $1,000,000 to $30,000.00 (including shopping centers, office buildings, out-parcels, apartment complexes, and vacant land) for development, which includes complex corporate structuring for tax and liability reasons, 1031 tax deferred exchange mechanisms, and negotiation of documentation of complex securitized financing.
  • Handled thirty-six (36) land acquisitions in Virginia and Florida for a national discount variety store.
  • Handled a $1.1 million land assemblage and sale of 8.4-acres in Chesapeake, VA, including negotiation and finalization of the joint venture and company documentation.
  • Handled fifth (5th) acquisition in Virginia for a prominent Bojangles’ franchisee and developer.
  • Handled a $6.1 million sale of an industrial building in Virginia Beach, VA while effectuating a reverse 1031 tax deferred exchange.
  • Handled a $23.2 million office building acquisition and mortgage financing in Jacksonville, Florida with financing exceeding $17.75 million.
  • Handled a $8.5 million industrial building acquisition and mortgage financing in Virginia Beach, VA with financing exceeding $6.8 million.
  • Handled a $58.5 million portfolio acquisition, mortgage financing, and mezzanine financing of five (5) office buildings in Nashville, Tennessee with financing exceeding $49 million.
  • Handled a $46.5 million portfolio acquisition, mortgage financing, and mezzanine financing of two (2) office buildings in Charlotte, North Carolina with financing exceeding $27 million.
  • Handled a $25.5 million portfolio acquisition, mortgage financing, and mezzanine financing of two (2) industrial buildings in Reading, Pennsylvania with financing exceeding $19.5 million.
  • Handled a $6.3 million refinance of an office building in Norfolk, Virginia.
  • Handled a $5.1 million refinance of an office building in Virginia Beach, Virginia
  • Handled a $4.6 million real estate acquisition in Chesapeake, VA for a site to be developed as a self-storage facility.