Foster is described in a recent edition of Chambers USA as an “iconic lawyer” in Charleston. Throughout his 38-year commercial real estate career, Foster has developed entrenched relationships with his real estate developer, investor, joint venturer and lender clients and has earned a reputation for being meticulous in all aspects of complex real estate transactions.
Foster’s practice includes contract negotiations and drafting, zoning and land use issues, regulatory matters, real estate finance and closing the deal. His clients include developers of hotels, condominiums and planned developments, mixed-use developments, apartment complexes, office and retail developments, timber transactions and industrial/warehouse/distribution facilities. He also leverages relationships at the firm to identify various economic incentives for his developer clients.
Foster is recognized as a leader in his profession, having been regularly listed in Chambers USA (Real Estate Law—Band 1), Best Lawyers in America (Real Estate and Zoning/Land Use Law) and South Carolina Super Lawyers. He is a Fellow in the American College of Real Estate Lawyers and currently serves on ACREL’s Hotel, Resort and Hospitality Committee and Common Interest Ownership Committee, which he chaired for three years. Foster is very active in his community. He served on the Charleston City Council for 12 years and on numerous local boards and commissions.
- Member, American College of Real Estate Lawyers
- Member, Anglo-American Real Property Institute
- Member, ACREL’s Board of Governors, 2011-2013
- City of Charleston:
- Councilmember, 1980-1992, Mayor Pro-Tern, 1983-1984
- Ways and Means Committee, 1980-1992
- Chair, Tourism Commission, 1980-1992, 1999-2005, 2000-2002
- Trident United Way:
- Carolina Youth Development Center, Board of Directors, 1981-1987
- Budget and Allocations Board, 1980-1983
- Board of Directors, 1983-1986
- Carolina Art Association, Board of Directors, 1988-1992
- Preservation Society of Charleston, Member; Charleston County Board of Ethics (Charleston County Bar Association Representative), 1981-1985
- Charlestowne Neighborhood Association, Board of Directors, 1984-1992
- Junior League of Charleston Community Advisory Board, Board Member, 1992-1995
- Vestry, St. Philip’s Church, 1992-1995
- Lowcountry Open Land Trust, Board of Directors, 1993-1999
- Charleston Symphony Orchestra, Board of Directors, 1995-1998
- Historic Charleston Foundation, Board of Trustees, 2001-Present: Chair of Board of Trustees, 2014-Present
- Joseph P. Riley, Jr. Institute for Urban Affairs and Policy Studies, Advisory Board, 2002-2006
- Member, Charleston Regional Development Alliance Board of Directors, 2012-present
- Recipient of the Historic Charleston Foundation's Robert N.S. and Patti Foos Whitelaw Founders Award for Distinguished Achievement in Historic Preservation in Charleston, SC.
- Charleston Real Estate Lawyer of the Year by Best Lawyers in America
- The Best Lawyers in America, Real Estate Law
- Chambers USA: America's Leading Lawyers for Business, Real Estate Law
- South Carolina Super Lawyers, Real Estate
- The International Who's Who of Business Lawyers, Real Estate Law
- Who's Who Legal USA - Real Estate
Any result the lawyer or law firm may have achieved on behalf of clients in other matters does not necessarily indicate similar results can be obtained for other clients.
- Lead counsel on all aspects of the $100 million development of a five-star luxury hotel in downtown Charleston, SC, including land acquisition, zoning and land use issues, regulatory matters and construction financing.
- Lead counsel on the acquisition of several thousand acres of timberland for one of the largest privately held timber companies in the southeastern US.
- Lead counsel in connection with conduit refinance of various hotel portfolios with a dollar value in excess of $120 million. · Lead counsel in connection with the development of an industrial park and a warehouse/distribution facility with a dollar value in excess of $75 million.
- Lead lender counsel in connection with a $65 million public/private mixed-use development.
- Lead counsel in connection with the development of two adjacent office buildings located in a mixed-use development with an aggregate dollar value of $80 million.