The St. Thomas law firm of BoltNagi PC has announced that Attorney Ronald R. Pennington has joined the firm and serves as chair of the Real Estate and Financial Practice Group. He specializes in commercial real estate, real estate development, corporate transactions, finance and banking.
He previously served as an attorney with Tom Bolt & Associates P.C., the predecessor of BoltNagi PC. Prior to rejoining the firm, Pennington was a partner at Davis, Pickren & Seydel in Atlanta, Georgia, where his practice consisted of commercial real estate, corporate transactions, finance and banking. His lending practice includes acquisitions and development projects, conventional loans, construction loans, SBA 7(a) loans, SBA 504 loans (he is a designated 504 closing attorney), rural development loans, and new market tax credit financing. He also assists numerous corporations and other business organizations in matters of general representation and corporate structuring, including all aspects of negotiations for the acquisition or sale of businesses and commercial property, commercial leasing and liquor licensing. Pennington also facilitates the negotiation and implementation of conservation programs and for endangered species and their habitats.
Pennington is a graduate of Walter F. George-Mercer University School of Law and was admitted into the U.S. Virgin Islands Bar in 1995. He is a member of the Virgin Islands Bar Association, State Bar of Georgia, and the American Bar Association.
