Richard Marshall Zelman, Partner/Shareholder

Richard M. Zelman is a Founding Director of Sacher, Zelman and has practiced law in Miami, Florida since 1974.  Currently, he manages the Financial Services Group.  Mr. Zelman received his undergraduate degree from Cornell University magna cum laude with a B.A. in both History and Government in 1971, and graduated in 1974 from Harvard Law School, cum laude.

Mr. Zelman has been a frequent lecturer at bank and lending conferences and legal education seminars.  During the past twenty-five years, he has been an Adjunct Professor of Law at the University of Miami Law School, where he currently teaches a course entitled, "Real Estate Planning" in the graduate program in Real Property Finance and Development.

Mr. Zelman's client base is comprised of institutional mortgage lenders, banks, and individual investors and developers.  He has particular expertise in advising lenders and borrowers in loan restructurings and work-outs and is widely recognized for finding creative, practical solutions for his clients involved in troubled real estate projects.  Among his many accomplishments, he successfully negotiated the resolution of the The Cadillac Fairview Corporation's high-rise condominium project liabilities in Florida.

He regularly represents clients in single and multi-unit commercial and residential loan transactions, land development, zoning, financing, and the formation of domestic and foreign corporations related to financial transactions.

In recent years, Mr. Zelman's practice has extensively focused on representing financial clients regarding compliance with regulatory matters, often providing unique cost-effective solutions to state and federal regulatory requirements.  He often advises banks on maintaining positive relationships with the Florida Department of Banking, the FDIC and other regulatory agencies.

Mr. Zelman is a member of several professional organizations, including the American Bar Association, The Florida Bar, and the Dade County Bar Association.   He is a Trustee of the Greater Miami Chamber of Commerce, Past Chairman of the Florida International University "Council of 100," and both the General Counsel and a member of the Executive Committee of the Florida International Bankers Association.

Married, and the father of two, Mr. Zelman is an avid cyclist and backpacker.