Marianne Ajemian is a partner in the Real Estate Department and was a member of Nutter's Management Committee for nine years. Her practice is focused on the representation of clients locally and nationally in complex transactional matters. She represents financing institutions, real estate investment funds, developers, real estate investors and advisors, pension fund advisors and their institutional investors, REITs, healthcare and senior housing companies, and nonprofit institutions.
Marianne has significant expertise in sophisticated investment and financing transactions of all types, including joint venture, preferred equity and partnership transactions, construction, permanent, revolving credit, mezzanine loans, letter of credit facilities, sale/leaseback transactions, intercreditor arrangements, loan acquisition and dispositions, and workouts and debt restructurings. In addition, she advises clients on all aspects of commercial real estate acquisitions, development, dispositions, and leasing involving a broad range of projects, including mixed-use and transit-oriented developments, downtown and suburban office buildings, research and development properties, retail and industrial properties, multi-family housing projects, hotels, restaurants, and institutional uses. Marianne has particular experience in representing owners, operators, investors, management companies, and lenders in the healthcare and senior housing industries. She also has extensive experience in the negotiation, supervision and management of complex portfolio transactions, and has served as the lead transactional counsel for various publicly held entities.
Active nationally and locally in the real estate industry, Marianne is a fellow in the American College of Real Estate Lawyers (ACREL), a past president of the Commercial Real Estate Women Network (CREW Network), a past president of CREW Boston, and a member of the Real Estate Finance Association (REFA). In 2006, the Greater Boston Chamber of Commerce honored Marianne with a Pinnacle Award for Achievement in the Professions, and in 2007, she received CREW Boston's Leadership Award. She is also a member of the Massachusetts and Boston Bar Associations.
Marianne is a frequent speaker on a variety of real estate and finance topics and is a guest lecturer at the Massachusetts Institute of Technology Center for Real Estate.
In Boston, Marianne is a member of the Board of Directors of the Greater Boston Chamber of Commerce, and the Board of Directors of Homestart, Inc., a not-for-profit corporation that provides a comprehensive system of housing search, support and stabilization services to the homeless and indigent in the Greater Boston area. In 2013, HomeStart presented Marianne with the Trent Hankins Memorial Award.
- Phoenix Property Company/Lincoln Property Company
Nutter represents a joint venture between Phoenix Property Company /Lincoln Property Company and an institutional investor in the permitting and transactional aspects of a large, complex, multi-party residential/hotel/retail mixed-use project with underground garage to be constructed on the land known as Parcel K, owned by the Massachusetts Port Authority, that is located in the Seaport District in Boston. The Project will consist of a 12-story apartment building with 304 apartments, a 12-story, 294-room hotel, office and retail space in both towers and a 1-level underground garage. Our work leading up to the initial closing involved the negotiation of: the acquisition of the Project development rights from a prior developer; the joint venture between Phoenix Property Company/Lincoln Property Company and an institutional investor; the transfer of the hotel development rights to a joint venture between Hyatt Hotels Corporation and a hotel operator; multiple ground leases with Massport for the separate Project components; a construction loan with JPMorgan Chase, N.A. as lead lender; and a complex reciprocal easement agreement among the different Project components; as well as addressing complex permitting and title issues (including the creation of multiple air rights parcels).
- Tedeschi acquisition by 7-Eleven
Negotiated the sale of Tedeschi Food Shops, Inc., a family-owned business, to 7-Eleven Inc., a major, complex transaction for a long-time Nutter client, resulting in Tedeschi’s 181 markets in Massachusetts and New Hampshire becoming part of 7-Eleven’s chain of 10,500 stores in North America.
News & Insights
- Forty-four Nutter Attorneys Recognized in 2015 Edition of Massachusetts Super Lawyers and Rising Stars10.30.2015
- October 2013
- October 2012
- Marianne Ajemian guest lecturer on Permanent and Mezzanine Loan Agreements and Intercreditor Agreements at the MIT Center for Real EstateSpring 2012
- Beth Mitchell and Marianne Ajemian present at Law Seminars International’s Workshop “Commercial Real Estate Workouts & Remedies”03.24.2010
- Pink Magazine, August 2008
- Marianne Ajemian presents on permanent and mezzanine loan agreements and intercreditor agreements at MIT Center for Real Estate03.20.2015
- Nutter partners host ULI Boston Market Council Breakfast Meeting “The Downtown Class B Market Takes Off”06.19.2013
- The Best Lawyers in America, 2008-2018
- Massachusetts Super Lawyers, 2004-2016
- Super Lawyers, Corporate Counsel Edition, 2009 & 2010
- Super Lawyers Business Edition, 2011-2015
- New England's Best Lawyers, 2012-2013
- Profiles in Diversity Journal's Women Worth Watching, 2008
Education & Admissions
Boston University School of Law, J.D.
Wellesley College, B.A., with honors
- U.S. District Court for the District of Massachusetts
In the Community
Marianne is a member of the Board of Directors of Homestart, Inc., a not-for-profit corporation that provides a comprehensive system of housing search, support and stabilization services to the homeless and indigent in the Greater Boston area. In 2013, HomeStart presented Marianne with the Trent Hankins Memorial Award.
The Best Lawyers in America, 2008-2018
Massachusetts Super Lawyers, 2004-2017