MICHAEL P. SHANE, RETIRED PARTNER

Michael Shane is a retired partner, and former practice group leader of the Lending Group at Richards Buell Sutton. Further enquiries can be made withMark Baron at [email protected].

Contact Info Michael is recognized by his peers as one of the most experienced and capable senior solicitors in in the area of high-end, complex, commercial real estate Assistant financing. He is also recognized by Best Lawyers in Canada in this respect. Susie Shong Direct: 604.661.9278 He has acted for chartered banks, life insurance companies, credit unions, and Fax: 604.688.3830 mortgage investment corporations. His work has involved many of the largest and [email protected] most complex real estate transactions in BC.

Practice Areas Additionally, Michael’s has dedicated much of 35 year legal career to working with Lending and Secured community organizations and the Province in the provision of affordable and social Transactions housing, seniors care facilities and assisted living projects.

Bar Admission REPRESENTATIVE CLIENT WORK 1983, British Columbia A sampling of the financing transactions in which he has been involved includes: Education 1982, LL.B., University of British Air space parcels (Terminal City Club, Shaw Tower, Woodwards Development, Columbia Metrotowers); 1979, B.SW., University of British Mortgage bonds (Terasen Tower, Shaw Tower); Columbia Housing co-operatives & affordable housing (short list – Anavets – Army, Navy, 1975, B.A., Magna Cum Laude, Airforce Veterans in Canada, Portland Hotel Society, Union Gospel Mission, Baptist Concordia University Housing Care Homes, Swedish Canadian Rest Homes, Lions, Languages Canadian Mental Health, Lu’Ma Native Housing, Atira Women’s Resource, French Native Health, SUCCESS, Habitat for Humanity, Covenant House, Immigrant Services Society BC, Jubliee House); First nations’ lands and leaseholds (Westbank First Nation); Ski resorts (purchase of Panorama Mountain Ski Resort from Intrawest LLC); Securitized lending; Private placements;

700 - 401 W GEORGIA ST. TELEPHONE FAX VANCOUVER, BC V6B 5A1 604 682 3664 604 688 3830 RBS.CA CANADA Comprehensive and innovative social housing projects (Social Housing Component of Woodwards Development, Athletes Village, and Riverview Lands); Seniors’ congregate care and assisted living projects (short list – Wexford Creek Campus of Care, Glenmore Seniors Development, Sunridge Place, Shuswap Mews, Evergreen Baptist Campus of Care, Good Samaritans of Canada, Sunrise of Beacon Hill, Sunrise of Vancouver and Sunrise of Lynn Valley); Real estate investment trusts (RIOCAN REIT, CREIT, Calloway REIT, Artis REIT, H&R REIT, Dream REIT); Offshore trusts; Long term leaseholds (Fedex Terminal at Vancouver International Airport); Pension funds (Bentall Kennedy – Westpen, British Columbia Investment Management Corporation, Hospitals of Ontario Pension Plan); Mezzanine lending; Syndicated lending.

PROFESSIONAL AFFILIATIONS, BAR ADMISSIONS AND EDUCATION

Michael is a former director and pro bono legal counsel to the Mortgage Investment Association of BC, a provincial mortgage lenders association formed in 1917 to represent mortgage lenders in their dealings with the government and the public. The Association is comprised of over 500 active members. Its corporate membership includes all chartered banks, trust companies, life insurance companies, mortgage investment companies, credit unions as well as mortgage insurers, appraisers, law firms, accountants, environmental consultants, and mortgage brokers. Michael’s activities with this Association spanned over a period of 20 years in his efforts to improve the public perception of the mortgage lending industry and the legislative framework within which the lending industry operates.

Michael has also volunteered on numerous task forces including task forces on housing co-operatives, mortgage brokers legislation and regulations, disclosure of cost of consumer credit legislation, real estate and mortgage fraud, and environmental legislation.

Michael was a panel participant on The Financial Services Task Force of the National Round Table on the Environment and the Economy. The Round Table was mandated by the Parliament of Canada and reported directly to the Prime Minister on issues of importance to both the economy and the environment.

700 - 401 W GEORGIA ST. TELEPHONE FAX VANCOUVER, BC V6B 5A1 604 682 3664 604 688 3830 RBS.CA CANADA HONOURS AND AWARDS

Listed in Best Lawyers in Canada

COMMUNITY INVOLVEMENT

Over the course of his career Michael has enjoyed acting as Legal Counsel (in some instances pro bono) to:

The Bloom Group (formerly St. James Community Services Society) a broad-based social service agency providing care and support for over 50 years to the most marginalized invulnerable, particularly in Vancouver’s Downtown Eastside; St. James’ Church; St. James’ Parish Foundation; St. Luke’s Home; MPA – Motivation, Power & Achievement Society; BC Housing Management Commission; Kiwassa Neighbourhood House; Provincial Rental Housing Corp.

Active participant:

Greater Vancouver Food Bank.

PROFESSIONAL AFFILIATIONS

Member, Canadian Bar Association; Member, Law Society of British Columbia; Member, Real Property Subsection, Construction Subsection, Banking Subsection, Insolvency Subsection, Canadian Bar Association (BC Branch); Member, Urban Development Institute - Pacific Region.

NEWS

November 25, 2015 4 partners at Richards Buell Sutton LLP were included in the 10th Edition of The Best Lawyers in Canada

EVENTS

May 16, 2013

700 - 401 W GEORGIA ST. TELEPHONE FAX VANCOUVER, BC V6B 5A1 604 682 3664 604 688 3830 RBS.CA CANADA Financing Ground Leases Seminar, Spring 2013

PUBLICATIONS

January 20, 2012 Legislative Update – Section 10 of the Canada Interest Act December 31, 2009 Mortgage Investment Association of BC Annual Legal Report, 2009

700 - 401 W GEORGIA ST. TELEPHONE FAX VANCOUVER, BC V6B 5A1 604 682 3664 604 688 3830 RBS.CA CANADA