International commercial real estate services firm Studley is pleased to announce that Tim Foley has been promoted to managing director in the firm's Washington, DC office.
Since joining Studley in 2000, Mr. Foley has become a key member of the firm's Education Practice Group, which specializes in providing real estate consulting, leasing and development services to academic and nonprofit institutions nationwide.
He has managed the pre-development and development of revenue-generating facilities for universities and nonprofit institutions and has successfully completed projects totaling more than 2 million square feet.
His expertise includes providing feasibility planning, financial structuring, transactional, and development management services for universities, corporations, law firms, and not-for-profit organizations.
Mr. Foley has represented leading universities including: George Mason University; Georgetown University; The George Washington University; California State University, Channel Islands; University of Maryland; Roosevelt University, University of California, Santa Barbara; and California State University, Monterey Bay.
Mr. Foley received a Bachelor of Science degree in finance from Georgetown University. He currently serves treasurer on the board of directors for Cesar Chavez Public Charter School for Public Policy.
Studley's expertise in representing institutions of higher education earned the firm the most coveted honor in New York's commercial real estate community, Real Estate Board of New York's (REBNY) first-place Henry Hart Rice Most Ingenious Deal of the Year Award, for deals closed in 2006 and 2009.
In 2009, the deal that the New York Times called a multiparty real estate deal of Byzantine complexity, resulted in a new Hunter School of Social work for City University of New York, and in 2006, Studley represented New York Law School on a multi-faceted transaction that allowed the school to remain in TriBeca.