Mark B. Elefante

Partner

  • 617-557-9731
  • 617-227-0781
  • 75 State Street
  • Boston, MA 02109

Mark B. Elefante

Partner

  • 617-557-9731
  • 617-227-0781
  • 75 State Street
  • Boston, MA 02109

Practice Focus

Mark B. Elefante concentrates his practice in the areas of real estate and business law, and also serves as a private fiduciary for family trusts.

Mark represents privately held businesses and nonprofit organizations, with a particular focus on acquisition, financing, permitting, development, leasing, and sale of commercial real estate. He also advises individuals and families in a variety of areas, including the purchase, sale, development and ownership of residential property.

With more than a decade of experience serving as a trustee, Mark works to ensure the goals of individual and family trusts are achieved. He works closely with families to mediate diverse interests and educate the next generation.

Mark is also a member of the firm's Management Committee and a Senior Vice President at Hemenway Trust Company, a private fiduciary firm based in Salem, New Hampshire.

Representative Experience

  • Assists developers with commercial real estate projects ranging from acquisitions and construction to financing and leasing
  • Represents lenders in real estate development projects, including acquisition, construction and term loans
  • Acts as outside general counsel for closely held businesses
  • Represents individuals and families in planning for vacation homes and family estates, including LLC and trust ownership agreements, purchases, sales, development, conservation and succession plans
  • Represents local institutions of higher education in connection with acquisition and disposition of real estate
  • Serves as a trustee of individual and family trusts

Accolades

  • Named to the Massachusetts Super Lawyers and Rising Stars lists

Activities and Publications

  • Contributing author for Massachusetts Continuing Legal Education publications concerning commercial and residential real estate transactions
  • Panelist for continuing legal education seminars
  • Member of the Real Estate Bar Association for Massachusetts, as well as the real estate sections of the Boston and Massachusetts Bar Associations

Community Involvement

  • Member of Fenway High School Board of Trustees
  • Member of Boston Board of Overseers for Peer Health Exchange
  • Member of Board of Overseers for Boch Center
  • Member of Selection Advisory Council for Greenlight Fund

Mark’s Comments on Real Estate Development

“One focus of my practice is advising smaller commercial property owners on various aspects of development. Often these are privately held, family owned businesses. The emphasis in these relationships is on listening, helping to prioritize issues, and offering a comprehensive, strategic level of counsel. These are the same hallmarks of service that we have offered our private clients in trust, estate planning and wealth management – 150 years of attentive expertise.”

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