Alex M. Grigorians
Attorney

agrigorians@safarianchoi.com
Direct / 213 481 6566
Alex M. Grigorians is senior counsel and based in the firm’s Downtown Los Angeles office. He draws from a broad range of real estate and business law expertise from his experience as both in-house counsel as well as an attorney at regional, national and international law firms. His practical and conservative approach to addressing the business concerns of his clients makes Mr. Grigorians a valued and trusted advisor.

Mr. Grigorians focuses his practice on real estate, real estate finance and business transactions. In his representation of international, national and local real estate clients, Mr. Grigorians regularly advises on a full-range of commercial real estate matters, including the acquisition, disposition, development, financing and leasing of mixed-use developments, retail centers, office centers and industrial properties. With extensive experience in handling all aspects of commercial real estate transactions and related corporate issues, Mr. Grigorians’ scope of work includes CMBS lending, portfolio and securitized financing, acquisitions and dispositions in connection with all property types, leasing, and development.

Prior to joining Safarian Choi & Bolstad, Mr. Grigorians was a member of the Real Estate Department at the Los Angeles office of the Philadelphia-based law firm, Ballard Spahr LLP, working for institutional investors, special servicers, receivers, banks and developers. Prior to that, Mr. Grigorians was a member of the Global Finance and Debt Products Group at the Los Angeles office of the Atlanta-based firm, Alston + Bird, LLP, where he worked for institutional lenders, private equity clients and real estate developers.

Mr. Grigorians currently serves as a member of the Standing Committee of the California Bar Association, Financial Institution’s Committee and on the Executive Committee of the Beverly Hills Bar Association, Real Estate Committee. He is also a member of the Urban Land Institute (ULI), the Los Angeles County Bar Association and the Armenian Bar Association. Mr. Grigorians also serves on the Board of Directors to City of Hope’s Real Estate & Construction Industries Council, Los Angeles and is a founding member of the City Of Hope “Building Hope” subgroup. In addition, Mr. Grigorians handles pro bono adoption matters for Alliance for Children’s Rights.

Mr. Grigorians earned his undergraduate degree at U.C.L.A, and his J.D. from Southwestern Law School. He also holds a real estate broker’s license in California. Mr. Grigorians is also a member of the Mile High Club, the Jonathan Club, the Buckley School Alumni Association, the UCLA Alumni Association, as well as the Southwestern Law School Alumni Association. Publications:

“Tenant Letters of Credit: Satisfying the Landlord’s Lender” Bloomberg BNA Real Estate Law & Industry Report, April 3, 2012

Supplying a letter of credit as security under a commercial lease is a mere three-party affair involving the landlord, tenant, and letter of credit issuer. When the landlord’s lender also gets involved, the complexities can grow swiftly and exponentially. This article addresses these complexities as well as functional and legal advantages of a letter of credit relative to other forms of security from the perspective of the landlord’s lender. The article guides the lender (and its counsel) through issues related to a tenant letter of credit, including obtaining an acceptable form of letter of credit, advantageous lease provisions, and obtaining an effective assignment of rights and proceeds under a letter of credit. Enforcement and bankruptcy concerns are also covered. Sample forms of a letter of credit and a landlord-lender agreement are included.

Entertainment Law, 2d: Legal Concepts and Business Practices Thompson Publishing Group/West, 2004

Offering a unique focus on situations that arise during litigation that involve celebrities, Entertainment Law: Legal Concepts and Business Practices is a comprehensive reference for entertainment attorneys. Specific citations to state and federal statutes, rules, and caselaw are included to assist in every phase of trial preparation through appeals. Alex was a contributing researcher and is acknowledged as such in the text of the treatise.