Wayne F. Osoba

Partner

Overview

Wayne Osoba is a partner and real estate business lawyer with Foley & Lardner LLP. A member of the firm’s Real Estate Practice, he focuses his practice on commercial real estate and secured lending. Mr. Osoba represents clients in a wide variety of real estate transactions, including venture formation, multistate acquisitions and dispositions, development, management and leasing (landlord and tenant) involving office, retail, multi-family, industrial, hotel and airport real estate.

Mr. Osoba represents both lenders and borrowers in secured loan transactions, including construction, interim and permanent financing, and has considerable experience negotiating and documenting real estate workouts and restructurings.

Mr. Osoba has represented major domestic and foreign banking institutions, real estate opportunity funds, insurance companies, international open and closed end real estate fund sponsors, REMIC servicers, public utilities and governmental agencies.

Recognition

Mr. Osoba has been Peer Review Rated as BV® Distinguished™, a mark of excellence in Martindale-Hubbell's peer review rating system. In 2007 - 2011, the Legal 500 recognized Mr. Osoba as one of the leading lawyers in the U.S. for real estate and he was recommended again for his real estate work in 2012. He has also been selected for inclusion in the 2012 Illinois Super Lawyers® list.*

Education

A summa cum laude (J.D., 1985) graduate of the University of Illinois Law School, Mr. Osoba served on its Law Review and was elected to the Order of the Coif. He received his undergraduate degree from the University of Illinois (B.S., highest honors and Phi Beta Kappa, 1982).

Admissions and Professional Memberships

A native of Chicago, Mr. Osoba is admitted to the bar in Illinois and the trial bar for the U.S. District Court for the Northern District of Illinois. He is a member of the Chicago Bar Association.

*The Illinois Supreme Court does not recognize certifications of specialties in the practice of law and no award or recognition is a requirement to practice law in Illinois.

Representative Matters

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Foley represented Indiana University Health, a statewide healthcare system in Indiana, in the sale of IU Health Laporte and IU Health Starke hospitals to a joint venture controlled by Community Health Systems, a Nashville based healthcare system.
Foley represented Indiana University Health in the sale of a majority interest in La Porte Health System, La Porte, Indiana, to Community Health Systems. IU Health retained a minority interest in the venture. Community Health Systems, through an affiliate, will manage the business and operations of La Porte Health System.
Served as outside general counsel to Chicago Public Media, the Chicago Public Radio station. Provided advice and counsel regarding employment and media issues and oversaw legal services regarding intellectual property, real estate and technology issues. Foley also represents WNYC, the New York Public Radio station.

Capabilities