Michael S. Grimsley is the founding member and Manager of Grimsley Law Firm, P.L. The firm was founded with the mission of providing exceptional, personalized service to its clients throughout the State of Florida. The boutique nature of the firm provides us the opportunity to focus on what matters most—the client.
Mr. Grimsley was born and raised in Orlando, Florida. After graduating from Colonial High School, Mr. Grimsley served three years in the United States Army. Upon returning to Orlando after his service in the armed forces, Mr. Grimsley attended the University of Central Florida, where he earned his Bachelor’s of Science and Business Administration in Finance degree. Upon graduation from UCF, Mr. Grimsley worked in the finance field for five years, prior to attending law school at the University of Florida, where he earned his Juris Doctor degree in 1997.
Upon graduation from the University of Florida College of Law, Mr. Grimsley went to work in the commercial real estate department of a large law firm located in downtown Orlando, where he became a shareholder and practiced law for 14 years. Mr. Grimsley’s practice focuses on the documentation and closing of commercial and residential real estate loans and asset-based loans for institutional lenders, individuals and private entities, as well as the acquisition, disposition, leasing, management and development of commercial and residential real estate. Mr. Grimsley’s clients include institutional lenders, community banks, regional banks, private lenders, individuals, various entities, developers and investors.
Mr. Grimsley possesses extensive experience in the documentation and negotiation of commercial loans in the areas of secured real estate lending, asset-based lending and United States Small Business Administration guaranteed loans (under both the 7A and CDC 504 Loan Programs). He has documented commercial loans in connection with the refinancing, acquisition and development of single and multiple commercial parcels, condominiums, hotels, residential subdivisions, mixed-use developments and mobile home parks. He has also documented refinance and acquisition loans for equipment, as well as commercial working capital business lines of credit. He has represented and advised individual and entity borrowers regarding all aspects of the financing process, from the execution of the commitment letter through the closing of the financing transaction. Mr. Grimsley is also a title agent for one of the largest title underwriters in the nation.
Mr. Grimsley has a broad knowledge base regarding troubled loans and distressed properties. He has vigorously represented both lenders and borrowers and is creative and innovative in his approach to seeking solutions to the issues inherent in troubled loan relationships and distressed properties. Mr. Grimsley has extensive experience negotiating and documenting deed in lieu of foreclosure transactions, short sale agreements, forbearance agreements and other workout-related settlement agreements. He is experienced in the entire foreclosure process—from the drafting of the demand letter and foreclosure complaint through the foreclosure sale, as well as the sale of the lender's REO property to unrelated (and related) third parties.
In his spare time, Mr. Grimsley enjoys riding motorcycles and spending time with his English bulldog, Jake.
University of Central Florida
B.S.B.A Finance, summa cum laude
Honors - multiple semesters
University of Florida College of Law
Juris Doctor, cum laude
Honors - multiple semesters
Teaching assistant – Appellate Advocacy
Florida Journal of International Law – member
Author - Defamation of Public Figures: Is New York Times Outdated?
Florida Journal of International Law, Summer 1995, Volume X, Number 2 –
selected as "best note" for Fall 1996
ASPCA
Florida Bar Association
Orange County Bar Association
Central Florida English Bulldog Club
Team Hammer Advanced Riding School Graduate
Ed Bargy Advanced Motorcycle Roadracing School Graduate