Nicholas P. Scavone, Jr.

Member,Troy

T 248-925-1932F 248-743-6002nscavone@bodmanlaw.comEmail 248-925-1932

Practices & Industries

Education

Indiana University School of Law, J.D., cum laude
University of Michigan, A.B.

Admissions

Michigan

Overview
News

Overview

Mr. Scavone is Chair of Bodman’s Real Estate Practice Group. He has represented banks and other financial institutions in a wide variety of complex, multi-million dollar, secured loans and other financial arrangements involving real estate.

Such financings include mortgage loans, land acquisitions and development loans, and construction financing for projects as diverse as shopping centers, apartment projects, office buildings, manufacturing facilities, residential developments, golf courses, ski resorts, and gas stations. Mr. Scavone also represents lenders in direct and syndicated mortgage warehousing lines of credit.

Mr. Scavone also has extensive experience with commercial real estate loan workouts, foreclosures, receiverships, deeds in lieu of foreclosure, and sales of REO.

In addition to banking and finance matters, Mr. Scavone represents clients in complex real estate transactions, including purchases and sales for cash, on land contract, with seller financing or otherwise, involving real estate from single family homes to multi-million dollar commercial properties. He has handled numerous commercial leases for landlords and tenants, including leases of office, retail and manufacturing space, ground leases, and subleases. He has represented owners and developers in construction related matters.

Mr. Scavone is a past Chair of the State Bar of Michigan’s Real Property Law Section and a member of the Business Law Section. He is the Chairman of the Michigan Land Title Standards Committee, a Fellow of the American College of Mortgage Attorneys (ACMA), and a Fellow of the American College of Real Estate Lawyers (ACREL). He is listed in The Best Lawyers in America 2025 under Banking and Finance Law and Real Estate Law, Chambers USA 2024 under Real Estate, and Michigan Super Lawyers 2024 under Real Estate. He is listed as a 2025 “Top Lawyer” by DBusiness magazine and is AV® Peer Review Rated by Martindale-Hubbell.

Honors, Awards, and Recognition

The Best Lawyers in America® 2007-2025, Banking and Finance Law and Real Estate Law
Chambers USA 2024, Real Estate
DBusiness Magazine “Top Lawyers” 2009-2025, Real Estate Law
Michigan Super Lawyers 2007-2024, Real Estate
Martindale-Hubbell® AV Preeminent® Peer Rated for Highest Level of Professional Excellence; Endorsed for High Ethical Standing

Professional Affiliations

State Bar of Michigan
- Business Law Section, Member
- Real Property Law Section, Current Faculty Member and Past Chair
- Michigan Land Title Standards Committee, Chair
American College of Mortgage Attorneys (ACMA), Fellow
American College of Real Estate Lawyers (ACREL), Fellow

Speaking Engagements

“U.S. Corporate Transparency Act,” panelist, Real Property Law Section Winter Conference (March 2024)
“AML, KYC, QFC, OMG! An Alphabet Soup of Reforms and Updates to Commercial Real Estate Loan Agreements,” co-presenter, ACREL 2022 Annual Meeting (October 2022)
“Recent Case Law Update; Possible Amendments to the Marketable Record Title Act,” co-presenter (with Alexandra E. Dieck), State Bar of Michigan Real Property Law Section “Homeward Bound” seminar (March 2021)
Workshop on Commercial Real Estate Loan Workouts and Lender Enforcement Actions, Michigan Real Property Law Section Summer Conference (July 2019)
Roundtable: Sale of Michigan Real Estate by a Court-Appointed Receiver, Michigan Real Property Law Section Summer Conference (July 2018)
Session on Commercial Mortgages, SNDAs, and Tenant Estoppels, Michigan Real Property Law Section RPLS Academy (May 2018 and October 2017)
Session on Negotiation of SNDAs, Michigan Real Property Law Section Winter Conference (March 2016)
Session on The State of the Law, Michigan Real Property Law Section Summer Conference (July 2015)

Ann Arbor

Detroit

Grand Rapids

Troy