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- Mary S. Ranum
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PRIMARY SERVICES
“My greatest joy in practicing law is building long-term relationships with clients and helping them achieve their objectives.”
Overview
Mary represents a wide range of clients on acquisitions and developments, financings and leasing. She is known for maintaining strong relationships with clients and bringing together the appropriate team to meet the needs of each client.
Mary is a certified Real Property Law Specialist and has been elected to the American College of Mortgage Attorneys. She has been a member of the Real Estate and Bank & Finance Practice Groups at Fredrikson & Byron since 1984 and served as chair of the firm’s Board of Directors for eight years. Mary works with a broad range of clients including lending institutions, major retailers, health care providers and real estate developers on acquisitions, financings and leasing. Mary represents nonprofit borrowers in connection with tax-exempt bond financing, including educational institutions and health care organizations.
Mary has significant experience with high volume real estate clients. For many years, she served as Minnesota counsel to a publicly-traded national homebuilder/developer. In that capacity, she directed a team of lawyers and paralegals in a full range of real estate law services. Mary regularly represents a national company in connection with the acquisition, development and leasing of large health clubs and collaborative office spaces. Mary also regularly represents a publicly-traded national restaurant company in connection with the leasing and development of its corporate-owned restaurants throughout the country.
Articles & Presentations
PUBLICATIONS & PRESENTATIONS
- Co-Presenter, “Top Ten Issues in Retail Leases (Including Special Considerations for Restaurants),” Real Estate Institute, November 1, 2019
- Co-Presenter, “Whose Risk is it Anyway? How to be sure that Insurance, Indemnity, Waiver and Casualty Lease Provisions Allocate Risk as Planned,” US Shopping Center Law Conference, October 24, 2019
- Co-Presenter, “Lease Legalese: Why Do You Care?,” Minnesota Real Estate Journal Healthcare & Medical Properties Summit, March 23, 2018
- Presenter, “Commercial Landlord/Tenant Issues,” Real Property Law in Minnesota, January 2014
- Presenter, “Negotiating Title Insurance in New Development Deals,” Real Estate Institute, November 2013
- Presenter, “Hot Topics in Lending,” Bank & Finance Seminar: Key Developments that Every Banker Should Know, September 12, 2013
- “When Is a Nonrecourse Loan Actually a Recourse Loan? The Answer May Surprise You,” co-authored with Johanna Franzen, FredNEWS: Bank & Finance, September 2012
- Presenter, “Key Developments that Every Banker Should Know,” Fredrikson & Byron Bank & Finance Seminar, September 22, 2011
- “Real Estate Legislative Update: 2011 Minnesota Legislative Session,” co-authored with Heidi M. Loch, Summer Associate, FredNEWS: Real Estate, August 2011
- Moderator, “Strategies for Buying and Selling Distressed Commercial Real Estate: What Opportunities Lie Ahead,” 2011 Commercial Real Estate Forum, March 8, 2011
- “Real Estate Legislative Update: 2010 Minnesota Legislative Session,” co-authored with Hiep Pham and Mark Vyvyan, FredNEWS: Real Estate, August 2010
- “Understanding Recent Changes to Minnesota’s Green Acres Program,” co-authored with Jeffrey Serum, FredNEWS: Real Estate, July 2010
- “Real Estate Legislative Update – 2009 Minnesota Legislative Session,” co-authored with Maya Zahn, Summer Associate, FredNEWS: Real Estate, September 2009
- “Q & A: How to Prepare for and Respond to a Loan Default,” co-authored with Carrie Seele, FredNEWS: Bank & Finance, June 2009
- “A Healthcare Facility Lease Check-up,” co-authored with Katie Cole, FredNEWS: Real Estate, April 2009
- “Legal Strategies and Consideration for Healthcare Facilities,” Minnesota Healthcare & Medical Properties Conference, March 31, 2009
- “Effectively Managing Real Estate Assets: Case Study,” Minnesota Medical Group Management Association 2009 Winter Conference, March 9-11, 2009
- “Lending in Troubled Times,” Eide Bailly’s 28th Annual Bankers Seminar, October 30, 2008
- “The Emergency Economic Stabilization Act: A Real Estate Perspective,” co-authored with Daniel Piper, FredNEWS: Real Estate, October 27, 2008
- “The 2008 Minnesota Legislative Session Brings Many Real Estate Law Changes,” co-authored with Brian McCool and Brian Clark, Summer Associate, FredNEWS: Real Estate, August 2008
- “Troubled Real Estate Loans: A Lender’s Perspective,” Fredrikson & Byron Real Estate Conference: Troubled Real Estate Loans in a Down Market, April 30, 2008
- “Real Estate Legislative Update – 2007 Minnesota Legislative Session,” co-authored with Katie Ilten, Summer Associate, FredNEWS: Real Estate, July 2007
- “2006 Real Estate Legislative Update,” co-authored with Keri McWilliams, Fredrikson & Byron’s Real Estate Focus Newsletter, August 2006
- Speaker, Fredrikson & Byron’s Leadership Series for Women: Negotiations 101, May 2006
- “Developments in Takings Law,” co-authored with Mark Vyvyan, Fredrikson & Byron’s Real Estate Focus Newsletter, August 2005
- “2004 Real Estate Legislative Update,” co-authored with Katie Cole, Mark W. Vyvyan, and Elizabeth C. Zamzow, Fredrikson & Byron’s Real Estate Focus Newsletter, July 2004
- “Security Interests in Contracts for Deed,” co-authored with Brian McCool, Fredrikson & Byron’s Real Estate Focus Newsletter, November 2004, Fredrikson & Byron’s Bank Focus Newsletter, June 2004
Honors & Education
EDUCATION
- University of Minnesota Law School, J.D., 1983, magna cum laude
- Concordia College, B.A., Mathematics and Business Administration, 1978, summa cum laude
BAR ADMISSIONS
- Minnesota, 1983
- U.S. District Court for the District of Minnesota, 1983
HONORS
- Albert Nelson Marquis Lifetime Achievement Award, Marquis Who’s Who, 2018
- American College of Mortgage Attorneys
- Real Property Law Specialist, certified by the Real Property Section of the Minnesota State Bar Association
- Minnesota Super Lawyers, Super Lawyer – Real Estate, 2000-present
- The Best Lawyers in America, Real Estate Law, 2008-present
- Chambers USA: America’s Leading Lawyers for Business
- Top Women in Finance, Finance and Commerce, 2011
- Minneapolis/St. Paul Business Journal’s — 25 Industry Leaders List, 2011
- Metropolitan Economic Development Association’s Volunteer of the Year, 1997
- Member, Managing Editor, Minnesota Law Review, 1981-83
- Order of the Coif
Professional Activities
PROFESSIONAL ACTIVITIES
- Board of Regents at Concordia College in Moorhead, MN, 2014-present
- Board of Advisors, University of Minnesota Law School, 2013-present
- Board Member, Twin Cities Diversity in Practice, 2010-present
- Fellow, American College of Mortgage Attorneys, 2007-present
- Fellow, American College of Real Estate Lawyers, 2015-present
- Bond Buyer’s Municipal Marketplace Attorney Listings, 1997-present
- Board of Trustees, Evangelical Lutheran Church in America Board of Pensions, 2003-2009
- University of Minnesota Law School, Law Alumni Association Directors, 1998-2003
- Board of Directors, Minnesota Advocates for Human Rights, 1993-2004
- Board of Directors, Minnesota Justice Foundation, 1993-1998
- Minnesota State Bar Association, Real Property, Corporation, Banking and Business Law Sections
- Hennepin County Bar Association, Real Property Section
- Clerk, Honorable C. Donald Peterson, Minnesota Supreme Court, 1983-84