Timothy W. Grooms
Managing Member

Banking, Real Estate, Mergers and Acquisitions, Commercial Transactions, Entity Creation and Governance

Mr. Grooms is a founding member of Quattlebaum, Grooms, Tull & Burrow PLLC. He represents banks, health care managers, real estate developers, real estate brokers and other clients in a variety of transactional matters. Mr. Grooms has substantial experience in real estate and general commercial lending transactions and has been frequently involved in matters of eminent domain, including representation of owners of the present site of the William Jefferson Clinton Presidential Park in downtown Little Rock and condemnation of the site presently occupied by Verizon Arena.

Mr. Grooms is a member of the American College of Real Estate Lawyers (ACREL), American College of Mortgage Attorneys (ACMA), a member and officer in the state chapter of the International Council of Shopping Centers (ICSC), and counsel to numerous banking and real estate industry groups, including the Arkansas Community Bankers, Arkansas Rural Rental Housing Association, Arkansas REALTORS® Association (including numerous local REALTOR® boards), Arkansas Homebuilders Association, and the state chapter of the Building and Office Management Association (BOMA).

Among completed transactions, Mr. Grooms lists numerous retail shopping center developments, apartment complexes (including units providing low income housing), office buildings, educational institutions, hotels, hospitals, related clinics and ancillary facilities, and charitable non-profit developments. Mr. Grooms is legal counsel to mixed-use horizontal property regimes, including creation, development and operation of 3rd and Commerce Center in Little Rock (residential and office mixed use condominiums), First Security Center in Little Rock (retail, hotel, residential and office mixed use condominiums), 300 Third (residential and commercial mixed use condominiums), and River Market Tower (residential, hotel and retail mixed use condominiums). He is also legal counsel to a number of retail shopping centers, including The Mall at Turtle Creek in Jonesboro and major national retailers with regard to shopping center management, development and conversion to alternate uses.

Mr. Grooms serves as legal counsel to Arkansas’s premier sports and entertainment facility, Verizon Arena in North Little Rock, a 19,000 seat venue acting as the premier entertainment facility in Arkansas. Mr. Grooms assisted with property assemblage and condemnation and later handled all other legal aspects for the Arena, including construction, management and operational matters. Mr. Grooms was real estate development counsel for Heifer Project International regarding land acquisition and development of its present World Headquarters.  In 2009, Mr. Grooms participated in financing of a new addition to the Arkansas Technology and Research Park in Fayetteville, Arkansas, including utilization of New Markets Tax Credits.

Mr. Grooms is a frequent lecturer to banking, real estate, real estate brokerage and construction industry groups and industry regulators and to the Arkansas Bar Association. Lecture topics have included bank and bank holding company regulatory issues and issues of interest to real estate lenders, contractors, appraisers, developers, and brokers.

Mr. Grooms received the highest score on his state’s bar examination in 1984, the year of his admission to practice law. Mr. Grooms has been recognized by local publications (Arkansas Times; Arkansas Business) and nationally recognized legal directories (The Best Lawyers in America, 1999-Present; Chambers and Partners’ Directory of America’s Leading Business Lawyers, 2002-Present; Mid-South SuperLawyers, 2006-Present) as among the best lawyers in the State of Arkansas and the nation.

Education

University of Arkansas at Little Rock School of Law (J.D., with high honors, 1984)
Board of Editors, University of Arkansas at Little Rock Law Journal, 1982-1984

University of Arkansas at Little Rock ( B.A., magna cum laude, 1981)

Associations and Affiliations

Member, American Bar Association, Arkansas Bar Association, and Pulaski County Bar Association; Member, American College of Real Estate Lawyers and International Council of Shopping Centers; Fellow, American College of Mortgage Attorneys