Elevate your business with tailored, strategic legal guidance.
Biography
Maura built and chaired the California real estate departments for two major national law firms before launching O’Connor Cochran LLP. She was the first woman chair of the Los Angeles Economic Development Corporation’s Board of Directors and continues to serve on its Executive Committee. Maura was named one of the top 10 real estate lawyers in Southern California by Real Estate Southern California.
Maura’s specialties include all kinds of commercial real estate financings, commercial leasing, large-scale distressed real estate asset management, workout and disposition programs, and direct foreign investment in West Coast businesses. She has extensive experience in real estate financing, loan enforcement, acquisitions, development and leasing, most often representing special servicers, lenders and retail chains. She has designed and implemented large-scale systematized and scalable programs to deliver cost-effective legal services in real estate matters, frequently on a fixed fee basis. She created and implemented several of the largest site acquisitions programs for retailers on the West Coast, including a recent multinational retailer that resulted in the successful acquisition of more than 150 sites totaling in value over $1.2 Billion over 18 months. Most recently Ms. O’Connor has developed and implemented predictable-pricing legal service systems for enforcing portfolios commercial real estate loans.
Ms. O’Connor has extensive experience in complex real estate financing transactions, workouts and foreclosures, dating back to the late 1980s. She has also handled many purchases and sales of environmentally contaminated properties. She has served as lead counsel for myriad senior and mezzanine loans, lease financings, securitized transactions, ground leases and equity investments for a wide variety of investors, banks, insurance companies and others. Ms. O’Connor also successfully handled the acquisition, entitlement, and development of major industrial, manufacturing, infrastructure, warehouse and distribution facilities, including an industrial land transfer and boundary change between the two principal shipping port authorities in Los Angeles County.
Ms. O’Connor has significant experience in handling foreign direct investment transactions by new entrants into the US and California markets and serving as outside general counsel for such companies. Her clients have included lenders, retailers, servicers, insurance companies, banks, manufacturers, pharmacies, grocery chains, borrowers, hotel chains, shopping center owners, pharmaceutical companies, medical office complexes and ports. She is a fellow of the American College of Mortgage Attorneys.
Education
- University of Minnesota Law School, Minneapolis, Minnesota
- J.D. - 1988
- Honors: cum laude
- Carleton College, Northfield, MN
- B.A. - 1981
Bar Admissions
- California, 1988
- U.S. Supreme Court, 1995
Professional Associations
- Los Angeles County Economic Development Corporation (LAEDC), Director and Member of Executive Committee
- Director and Member of Executive Committee, Chair
- Southern California Development Forum, Former Director
- American Bar Association
- American Counsel Association
- City of Hope Los Angeles Real Estate/Construction Council, Former Director
- American Counsel Association, Former Director
- L.A. Mortgage Association, Affiliate Member
- CRE Finance Council
- Southern California Association of Governments Global Land Use Council (2009 – present)
- International Council of Shopping Centers
Published Works
- Co-Author, “Securitized Mortgage Loans,” in CEB California Real Estate Finance Practice, Chapter 10 (2006, updated annually through 2017)
- Co-author, “Enforcing Defaulted CMBS Loans through Receivership Sales: Risks and Rewards of the Modification, Sale and Assumption Transaction under California’s ‘One Action’ Rule,” CRE Finance World (January 2011)
- Author, “Overview of Commercial Loan Workouts” in The Commercial Real Estate Tsunami: A Survival Guide for Lenders, Owners, Buyers, and Brokers by Tony Wood (Wiley Finance; May 2010)
- Co-author, “Take It to the Bank”, 32 Los Angeles Lawyer at 31 (October 2009)
- Co-author, “Turning Paper into Cash: Frequently asked Questions about Making and Enforcing California Real Estate Loans”, a publication of Seyfarth Shaw LLP (2009)
- Editor and contributing author, “How to Do Business in LA County”, a joint publication of the LAEDC, the Los Angeles-Long Beach World Trade Center Association and Seyfarth Shaw LLP (2009)
- “Streamline Your Lease Process,” Real Estate Southern California (May 2008)
- “Making Permanent Financing Work,” Real Estate Southern California (January 2004)
- Co-Author, “Caveat Lender,” cover story for 18th Annual Real Estate Law issue, 25 Los Angeles Lawyer at 26 (January 2003); reprinted with permission in Vol. 16, No. 4, Minnesota Real Estate Law Journal at 56 (July/August 2003)
- Author, “Due Diligence in Real Estate Transactions,” 18 Real Estate Finance Journal at 44 (West Group, 2002)
- Co-author, “Securitizable vs. Traditional Mortgage Loans,” 17 The Review of Banking and Financial Services at 269A, Standard & Poor’s (December 2001)
- Author, “Ten Commandments for Lenders Reviewing Leases,” in The Commercial Property Lease, Vol. III, Ch. 5 , Prof. P. Randolph, ed. (ABA, 2000)
Honors
- One of the Top Ten Real Estate Lawyers in Southern California, by Real Estate Southern California
- "Woman of Influence"
- Named one of the Distinguished Alumni of the University of Minnesota Law School
Classes & Seminars
- Speaker, “Structuring and Enforcing Commercial Real Estate Loans in California: Maximizing Strategies for Maximizing Lender Leverage,” client presentations, October 2016.
- Speaker, “Making Money Through Leasing,” client presentations, October 2014.
- Speaker, “How to Maximize your Loan Recovery (Without Being Trapped by the One-Action and Other California Rules), client presentations, March 2012.
- Panelist, “Selling Distressed Commercial Real Estate Through Receiverships”, ALI-ABA Webinar, December 2010
- Panelist, “Current Trends in Distressed Real Estate Workouts, Foreclosures and Note Sales”, AREAA/NAHREP Real Estate and Marketing Conference, Las Vegas, Nevada, October 2010
- Panelist, “Distressed Real Estate Note Enforcement and Sales”, Mission National Bank Annual Investors Meeting, August 2010
- Panelist, “The Lender Liquidation Process”, Orange County’s ULI Capital Markets Forum, July 2010
- Moderator, “The Upside of the Downturn: Overcoming Challenges and Seizing Opportunities within the Mess of the Distressed Loan Market”, Real Estate and Construction Division of the Jewish Federation, June 2010
- Speaker, “Legal Aspects of Doing Business in Los Angeles County”, private gathering sponsored by regional government of Catalonia, Spain for trade group delegation
- Panelist, “The Coming Commercial Real Estate Tsunami, and How to Survive It”, CCIM/ULI joint meeting, San Francisco, May 2010
- Speaker, “Distressed REO and Distressed Note Purchases: What’s Happening Now”, CCIM – Greater Southern California Chapter, Orange County, April 2010
- Speaker, “How to Do Business in LA County”, Netherlands America Business Club, April 2010
- Co-Moderator, “Loan Workouts and Restructuring” roundtable, LA ULI’s Urban Marketplace Forum, March 2010
- Speaker, “Judicial Response to SPE Structures” and “When Will Commercial Real Estate Come Back, and What Will It Look Like?”, PLI Commercial Real Estate Financing 2010, San Francisco March, 2010
- Speaker, “Distressed Loan Enforcement in California: The One-Action Rule and Beyond”, private event, Business Partners LLC, March 2010
- Moderator, “A Practical, Legal and Tax Perspective on Buying and Selling Distressed Real Estate and Debt in California”, Green Pearl Distressed Real Estate Summit: California, Los Angeles, February 2010
- Panelist, “Real Estate Issues in Los Angeles County That Affect International Business”, invitation only event for the Los Angeles County Consular Corps, January 2010
- Panelist, “Lender Landmines”, Trigild Lender Conference, San Diego, November 2009
- Speaker, “Commercial Real Estate Loan Workouts and Foreclosures”, client presentations, 2009 and 2010
- Speaker, “Pre-default Commercial Real Estate Loan Modifications”, client presentation, 2009
Pro-Bono Activities
- L.A. Economic Development Corporation, Chairman, 2010-2011
- L.A. Economic Development Corporation, Vice Chairman, 2009-2010
- City Garage Theatre, Santa Monica (Former Director)
- Southern California Development Forum (Former Director)
Past Positions
- Seyfarth Shaw LLP, Los Angeles, California, Partner