J. MICHAEL DUGAN, Partner
Direct Line (404) 410-1255
Michael Dugan is a founding partner of DRL Law, LLC where he specializes in commercial and residential real estate transactions and default services. Prior to his current position, Michael was a Senior Partner with McCurdy & Candler, LLC, where he managed the firm’s secured real estate initiatives, title insurance, and settlement functions. His experience includes financial service experience, asset liquidation, real estate settlements, title development, litigation, financial lending, and treasury functions. Michael is an Authorized Agent First American Title Insurance Company. He has both spoken and served as a panelist at numerous default related conferences and title insurance industry programs. Michael has also spoken at the Georgia Institute for Continuing Legal Education. Additionally, Michael has been appointed a Special Assistant Attorney General by the State of Georgia and advises the Department of Community Affairs.
Prior to his experience at McCurdy & Candler, LLC, from 1997-2002, Mr. Dugan served as Vice President of Legal and Treasury for Homestead Village Inc., a hotel REIT, where he managed the hotel’s corporate assets, credit facilities and hotel portfolio. Michael served as a corporate officer, which required his oversight of all hotel and corporate assets. He also represented the company’s interest in the successful sale and merger of Security Capital Group’s ownership interest to the Blackstone Group. Michael marketed, negotiated and sold a 26-hotel portfolio netting the company over $88.1 million, in addition to directing multi-site borrowing initiatives. He negotiated numerous portfolio credit facilities, created disposition strategy to sell $31.4 million of land held for development as a part of a restructuring of the companies asset position and he negotiated and monitored an 18-hotel sale-leaseback facility. Michael also completed the development of three hotel sites, resident in Chicago and New Jersey, with a capital budget of $12.5 million per hotel. Michael’s responsibilities also included management of corporate, property liability, construction and entitlement litigation. He created and oversaw budget for the Legal and Treasury department, negotiated and drafted purchasing, revenue management and telecommunication service contracts, as well as advised and supported the operations group in numerous projects aimed at loss prevention/maintenance and cost reduction.
From 1996-1997, Michael worked at Hale & Cox, P.C., a firm dedicated to real estate and banking, where he advised lending institutions on the collateralization process, as well as regulatory requirements. Other work included Small Business lending initiatives and 1031 exchange transactions.
From 1993-1996, Michael worked as a real estate and litigation attorney for the FDIC, representing the Division of Asset and Depositor Services. Michael dedicated his efforts to rendering legal opinions on all aspects of failed bank issues, which accounted for an approximate $17 million in cash recoveries for various receiverships. He negotiated and drafted agreements in connection with the disposition of bank assets, including retail, office and multi-family properties.
Michael graduated from Berry College in 1988 and from the University of Georgia School of Law in 1991.