Sam T. Beale – Retired

Sam T. Beale

Admitted to the Practice of Law in 1968, Virginia.

Education: Chowan College and Old Dominion University (B.B.A. 1963); College of William & Mary (J.D. 1968; M.L.T 1986).

Member: Virginia State Bar and the Richmond Bar Association.

Military Service: U.S. Army, 1955-1958.

Practice Emphasis:  Commercial Real Estate, Land Use, Foreclosures, Business Law and Business Entities, Contracts and Real Estate Finance.

Sam T. Beale, a principal shareholder of the firm, has abundant experience in all facets of real estate practice.  He has performed over 3,000 foreclosures, both commercial and residential, since 1970.  He has also participated in over 300 loan-workouts, standstill agreements and forbearance agreements, representing both lenders and borrowers.  He has represented several entities in financing and refinancing multi-family loans.

Mr. Beale has advised and assisted hundreds of clients in the formation and operation of corporations, partnerships and limited liability companies.

Mr. Beale began his career at Hunton & Williams in 1968 and served as general counsel for Realty Industries, a company engaged in real estate development, before starting this firm in 1974.  He was one of the founders of Commerce Bank of Virginia started in 1986.  He served as chairman from its inception until 2003 when the bank was acquired by South Trust Bank (South Trust Bank was acquired by Wachovia Bank and Wells Fargo Bank by mergers).  He also taught a real estate law course at J. Sargeant Reynolds Community College for nine years.

Sam T. Beale is rated AV by Martindale-Hubbell.