Clifton M. Dugas


Clifton M. Dugas


Clifton M. Dugas, II is a real estate attorney representing clients in a diverse mixture of real estate and financing transactions centered on office, multifamily, retail, raw land, mixed-use, industrial, and hospitality assets. He is a partner in the firm’s Real Estate practice, whose background with real estate asset transactions includes an emphasis on purchases and sales, leasing, development, and property related matters.

Clifton also advises on entity formation and joint ventures with respect to ownership and operation of real estate assets. He works with private and institutional lenders on real estate secured loan transactions, loan enforcements, and workouts. On borrower-side financing, he helps negotiate loan documents and provides legal opinions to lenders. He has also handled transactions involving health care, student housing, media and publishing facilities, oil and gas real property, and residential investment portfolios.

Having practiced for more than 25 years and previously served as managing director and general counsel for a full-service commercial real estate management platform, Clifton understands the perspective and goals of company executives. He drives deals from not just the legal side, but also in terms of strategic decision making and identifying key economic and business issues.

Representative Experience*

  • Serves as primary real estate counsel for a globally integrated asset manager assisting with office and multi-use properties nationwide, including leasing, sales, acquisitions, and property management issues.
  • Represented a large institutional lender with over US$1bn of troubled real estate assets.
  • Represents a private equity firm with real estate (primarily health care related) and corporate matters.
  • Represents a private real estate lending company with numerous, fast-moving deals ranging from US$10m to US$100m+ and has closed more than US$500m in loan deals.

* Certain of these matters were handled prior to joining Foley.

Awards and Recognition

  • The Best Lawyers in America® – Real Estate Law (2024)
  • 2023 Thomson Reuters Stand-out Lawyer
  • D Magazine Best Lawyers in Dallas, Real Estate (2018)


  • Member of local and state bar associations in Texas and Louisiana
  • Board of Advisors, Commercial Real Estate Distressed Assets Association (CREDAA)
  • Board of Director and Mentor, The Men of Nehemiah (Dallas, Texas)
  • Member of The Real Estate Council (Dallas, Texas) and The International Council of Shopping Centers
  • President, Board of Directors, Alliance for Justice Foundation (Meridian, Texas)
19 October 2023 Deals and Wins

Foley Represents Jelly Belly Candy Company in its Sale to Ferrara Candy Company

Foley & Lardner LLP advised Jelly Belly Candy Company in its agreement to be sold to Ferrara Candy Company.
17 August 2023 Honors and Awards

Foley Attorneys Recognized in 2024 Best Lawyers in America

Foley & Lardner LLP proudly announced today that 236 of the firm’s attorneys across 20 U.S. offices have received recognition in the 2024 edition of The Best Lawyers in America©.
24 May 2022 In the News

Foley’s representation of Skylark included in Global Legal Chronicle and Texas Lawbook

Both Texas Lawbook and Global Legal Chronicle highlighted Foley’s representation of Skylark Private Equity Partners.
16 May 2022 Deals and Wins

Foley Represents Skylark in Acquisition of CAP Fleet Upfitters

Foley & Lardner LLP represented Skylark Private Equity Partners in the formation of USA Automotive Partners, LLC together with management, and USAAP’s acquisition of Caldwell Automotive Partners.
11 January 2022 In the News

Acquisition of Nature Nate’s Honey Co. featured in Texas Lawbook Roundup of Corporate Deals and Global Legal Chronicle

06 January 2022 Deals and Wins

Foley Represents Nature Nate’s Honey Co. in Sale and Merger with Sweet Harvest Foods

Foley & Lardner LLP announced today it represented McKinney-based Nature Nate’s Honey Co. (Nature Nate’s), the number one U.S. branded honey company, in its sale and merger with Sweet Harvest Foods (Sweet Harvest), a leading natural sweeteners platform and one of the largest packers in North America.