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Lida Griest Alsobrooks

From the mixed-use projects that are redefining the Nashville skyline to multi-family residential communities across the United States, Lida Alsobrooks' real estate experience and acumen are valued by developers, property management companies, property owners and investment firms. Her practice encompasses every aspect of the real estate industry –  from the acquisition of raw land, the negotiation of construction financing, the negotiation of design and construction contracts and the resolution of land use and zoning issues to the negotiation of economic development incentives from state and local government agencies. Lida also represents clients in  tenant leasing agreements and the purchase and sale of high-profile properties and real estate assets.

Clients appreciate Lida’s responsiveness and her keen understanding of both their objectives and the complex challenges they face in a dynamic marketplace. Before attending law school, Lida assisted in the management of corporate office buildings in Atlanta and gained practical insights into both the day-to-day operational issues faced by clients as well as their larger strategic imperatives. 

Experience

  • Provided counsel to a real estate private equity firm in separate purchases of two Nashville-area apartment communities out of receivership; the two transactions involved a total of approximately 300 units and required approval of both the Minnesota District Court and the Chancery Court for Davidson County and Tennessee
  • Assisted in the negotiation of equity, construction and mezzanine debt, and tax increment financing for the development of what will be the tallest building in Tennessee upon completion
  • Represented a real estate development company in its acquisition of a five-acre parcel adjacent to existing holdings in a suburban office park
  • Assisted in the representation of real estate private equity firm in the simultaneous acquisition of two Alabama apartment communities with an aggregate value of $98 million in a transaction that included Freddie Mac and Fannie Mae financing
  • Represented a real estate development company in the acquisition of property for the development of a $21 million apartment complex
  • Provided counsel to a real estate private equity firm in its $15.75 million refinancing of a Tennessee apartment community

 

Professional

Prior Affiliations

  • Associate, Lewis, King, Krieg & Waldrop, PC, Knoxville, Tn., Summer 2010, 2011
  • Assistant, University of Tennessee College of Law, Career Center, Knoxville, Tn., Spring 2011
  • Teaching Assistant, University of Tennessee College of Law, Knoxville, Tn., Fall 2010
  • LexisNexis Representative for University of Tennessee College of Law, Knoxville, Tn., 2010-2012
  • Assistant Property Manager, Carter and Associates, Atlanta, Ga., 2007 - 2009

Education

  • J.D., University of Tennessee College of Law, 2012
    • Dean's List
  • B.A., magna cum laude, Kenyon College, 2007

Legal Services

Industries Served

Bar Admissions

  • Tennessee

Up Close

A former competitive distance swimmer, Lida was a founding member of Atlanta’s Chastain Park Swim Team. She and her husband share their home with two Pembroke Welsh Corgis who have expressed very little interest in long-distance swimming.