Sara T. Toner

Director

302.651.7646
302.498.7646 (fax)
toner@rlf.com
Sara Toner focuses her practice on complex transactions involving the finance, acquisition, sale, lease, and development of commercial real estate properties.  She has a particular emphasis on closing sophisticated commercial real estate loans, including CMBS financing, portfolio financing, and mezzanine and preferred equity transactions.  Sara represents major real estate developers, financial institutions, significant holders of commercial real estate, and institutional clients in all types of commercial real estate transactions.
View Full Bio >

Sara Toner focuses her practice on complex transactions involving the finance, acquisition, sale, lease, and development of commercial real estate properties.  She has a particular emphasis on closing sophisticated commercial real estate loans, including CMBS financing, portfolio financing, and mezzanine and preferred equity transactions.

Sara represents major real estate developers, financial institutions, significant holders of commercial real estate, and institutional clients in all types of commercial real estate transactions.  She regularly advises clients on an array of real estate matters, including joint venture formation and equity capitalization.

A contributing author of several published articles, Sara regularly updates “Delaware” in State-by-State Guide to Architect, Engineer and Contractor Licensing, Aspen Law & Business; “Delaware Construction and Design Law” in State-by-State Guide to Construction & Design Law: Current Statutes and Practice, American Bar Association; and “Delaware” in State-by-State Guide to Commercial Real Estate Leases, Law & Business.

Publications

  • "No "Leap-Frog" in Refinancing: Delaware Supreme Court Embraces Delaware's Pure Race Priority Status," Delaware Banker, Fall 2015   View >
  • "The Delaware Rapid Arbitration Act: 5 Considerations for a Practitioner," The Temple 10-Q, August 7, 2015   View >
  • Co-author, "Loan Amendments Borrower and Lender Beware!" Probate & Property, July/August 2015
  • Contributor, “Delaware Construction and Design Law,” State-by-State Guide to Construction & Design Law: Current Statutes and Practice
  • Contributor, State-by-State Guide to Architect, Engineer and Contractor Licensing
  • Contributor, “Delaware,” State-by-State Guide to Commercial Real Estate Leases

Presentations

  • "American Bar Association's Section of Real Property, Trust and Estate Law Spring Symposia," May 12, 2016
  • "American Bar Association's Section of Real Property, Trust and Estate Law Spring Symposia," April 30, 2015
  • "Fundamentals of Commercial Real Estate - Title Insurance," April 22, 2015
  • "Surveys in Commercial Transactions," January 7, 2015
  • "Title Workshop: From Examination to Commitment," December 12, 2014
  • "Bisnow's 2nd Annual Delaware State of the Market," June 19, 2014
  • "American Bar Association's Section of Real Property, Trust and Estate Law Spring Symposia," May 1, 2014
  • "Top 8 Title Defects - Cured," December 10, 2013
  • "Real Estate Purchase and Sale Transactions Seminar," May 1, 2013

Awards

  • American College of Mortgage Attorneys Fellow 
  • Chambers USA, since 2011
  • The Best Lawyers in America, 2017
  • Delaware Today Top Lawyer, Top Vote Getter, Real Estate, 2015; Top Lawyer, 2014
  • AV Rating, Martindale-Hubbell

Leadership

  • Delaware State Chamber of Commerce, Economic Development Committee
  • American Bar Association, Real Property, Trust & Estate Law Section, Commercial Real Estate Transactions Group, Vice Chair, 2015-2016, 2016-2017
  • American Bar Association, Real Property, Trust & Estate Law Section, Continuing Legal Education Committee, 2016-2017
  • American Bar Association, Real Property, Trust & Estate Law Section, Title Insurance and Surveys Committee, Chair, 2014-2015
  • American Bar Association, Real Property, Trust & Estate Law Section, Title Insurance and Surveys Committee, Vice Chair, 2013-2014
  • American Bar Association, Real Property, Trust & Estate Law Section, Senior Housing Committee, Past Vice Chair, 2012-2013

Education

  • J.D., Temple University School of Law, 2005
  • B.S., summa cum laude, Philadelphia University, 2002

Admitted to Practice

  • Delaware, 2005

Pro Bono Activities

  • Ministry of Caring, Inc., general representation in connection with real property issues, 2010 - present
  • Guardian ad Litem, Office of the Child Advocate, 2007 - present

Education

  • J.D., Temple University School of Law, 2005
  • B.S., summa cum laude, Philadelphia University, 2002

Practices

Publications

  • "No "Leap-Frog" in Refinancing: Delaware Supreme Court Embraces Delaware's Pure Race Priority Status," Delaware Banker, Fall 2015   View >
  • "The Delaware Rapid Arbitration Act: 5 Considerations for a Practitioner," The Temple 10-Q, August 7, 2015   View >
  • Co-author, "Loan Amendments Borrower and Lender Beware!" Probate & Property, July/August 2015
  • Contributor, “Delaware Construction and Design Law,” State-by-State Guide to Construction & Design Law: Current Statutes and Practice
  • Contributor, State-by-State Guide to Architect, Engineer and Contractor Licensing
  • Contributor, “Delaware,” State-by-State Guide to Commercial Real Estate Leases

Presentations

  • "American Bar Association's Section of Real Property, Trust and Estate Law Spring Symposia," May 12, 2016
  • "American Bar Association's Section of Real Property, Trust and Estate Law Spring Symposia," April 30, 2015
  • "Fundamentals of Commercial Real Estate - Title Insurance," April 22, 2015
  • "Surveys in Commercial Transactions," January 7, 2015
  • "Title Workshop: From Examination to Commitment," December 12, 2014
  • "Bisnow's 2nd Annual Delaware State of the Market," June 19, 2014
  • "American Bar Association's Section of Real Property, Trust and Estate Law Spring Symposia," May 1, 2014
  • "Top 8 Title Defects - Cured," December 10, 2013
  • "Real Estate Purchase and Sale Transactions Seminar," May 1, 2013

Awards

  • American College of Mortgage Attorneys Fellow 
  • Chambers USA, since 2011
  • The Best Lawyers in America, 2017
  • Delaware Today Top Lawyer, Top Vote Getter, Real Estate, 2015; Top Lawyer, 2014
  • AV Rating, Martindale-Hubbell

Leadership

  • Delaware State Chamber of Commerce, Economic Development Committee
  • American Bar Association, Real Property, Trust & Estate Law Section, Commercial Real Estate Transactions Group, Vice Chair, 2015-2016, 2016-2017
  • American Bar Association, Real Property, Trust & Estate Law Section, Continuing Legal Education Committee, 2016-2017
  • American Bar Association, Real Property, Trust & Estate Law Section, Title Insurance and Surveys Committee, Chair, 2014-2015
  • American Bar Association, Real Property, Trust & Estate Law Section, Title Insurance and Surveys Committee, Vice Chair, 2013-2014
  • American Bar Association, Real Property, Trust & Estate Law Section, Senior Housing Committee, Past Vice Chair, 2012-2013