Teresa is experienced in bond transactions and has served as bond, underwriter’s, borrower’s as well as placement agent counsel, joint economic development zones and joint economic development districts, project labor agreements and diversity plans. She has represented private entities and local and county governmental agencies, including municipalities, port authorities, healthcare entities and library systems on business, real estate matters, construction and government relations.

Teresa has been selected as a 2017 YWCA Women of Achievement and in 2016, she was a panelist for the Union Club’s Engaging Women’s Committee event, “Is Your Financial House in Order? Or Things I Wish I Had Known When….”.  Teresa was also a panelist in the Professional Development Series presented by Sigma Pi Phi Fraternity Tau Boule.  She presented at the IGNITE session of the women’s mentoring luncheon hosted by the International Economic Development Council’s Annual Conference.  In December 2016, Teresa was inducted into the Villa Angela-St. Joseph High School Hall of Fame. 

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Teresa is a popular speaker with a relevant message for the profession and the community.  In 2015, she presented at many events, including Crain’s Women of Note Summit and Awards where she was also part of the “Women Ignite” motivational program.  She spoke at the Flourish Cleveland Conference for Women in Leadership, the Cleveland Professional 20/30 Club’s “Ladies Who Lead: Professional Women’s Forum,” Ohio Diversity Council 2015 Women in Leadership Symposium and YWCA Circle of Women Committee.  She was the keynote speaker at the Case Western Reserve University Black Law Students Association “Black Ties” event in 2014 and also was the featured speaker at a celebration of International Women’s Day 2014 at URS Cleveland. 

Dedicated to the field of law, Teresa is a member of a number of professional organizations, including In Counsel With Women, the National Association of Bond Lawyers, Commercial Real Estate Women (CREW), Women In Public Finance, Executive Women’s Leadership Forum, the American Bar Association and the National Bar Association.  Teresa has also been recognized by a number of regional organizations.  She is also very active in the community.  Teresa recently agreed to serve on the 5805 Euclid Board of Directors, the entity that will oversee the construction and hold the lease to the facility that will become University Hospital’s Women’s & Children’s Center, as well as the Downtown Cleveland Alliance Board.  She is a member of the Cleveland Foundation’s board of directors and is a member of the Audit, Finance and Administration Committees and the Grant Making and Community Engagement Committee; and she serves on the board of trustees and is a member of the governance and executive committees for Laurel School for Girls.  Teresa also continues to serve on the Advisory Board of Cleveland Business Connects magazine since 2008.  She recently completed a six-year term on the board of the Cleveland Botanical Garden and served as the chair of the Committee on Governance for the Cleveland Botanical Garden.

Teresa is active in The Links, Incorporated (Western Reserve Chapter) where she serves as Financial Secretary, Delta Sigma Theta Sorority, Inc. (Greater Cleveland Alumnae Chapter) and is a former member of Jack and Jill of America Foundation (Cleveland Chapter).  Teresa has also been involved with the Sing Out! for Cleveland Rape Crisis Center (CRCC), among other volunteer efforts at the CRCC.  She is also a member of Bluecoats Inc.

In 2012, Teresa’s work was included in an MIT case study on University Hospitals’ Vision 2010 Program, which included a groundbreaking Project Labor Agreement regarding minority participation in University Hospital’s major construction project, which included the construction of two new hospitals, a $1 billion project.  The Project Labor Agreement has become a model for many other such projects in and outside of Ohio.  The Cleveland Foundation later commissioned the MIT School of Architecture & Planning to conduct the case study.  The presentation is titled “Leveraging the Power of Anchor Institutions to Build Community Wealth: A Community Forum.”

Her experience also includes serving as Director of Law for the City of Cleveland under Mayor Jane Campbell’s administration from 2003 to 2004. Teresa served as a member of Cleveland Mayor Frank G. Jackson’s three-person Special Commission on Missing Persons and Sex Crime Investigations, which developed 26 recommendations that were accepted by Mayor Jackson in 2011.

Teresa was a participant in the 2011 Universal Sisters: Live Younger Longer program and has served on the boards of the Village Capital Corporation, the Cleveland Metropolitan Bar Association, Black Professionals Association Charitable Foundation, A Cultural Exchange and chaired the African-American Philanthropy Committee of the Cleveland Foundation from 1999 to 2012.

Teresa joined Calfee in 2011. She was named a partner in 2014 and serves as Chair of the firm’s Diversity and Inclusion Committee and is a member of the firm’s Marketing and Client Services Committee.

  • Bond Counsel in connection with the issuance and sale of $42MM taxable revenue parking bonds for the construction of an approximately 972 parking garage and approximately 17,700 square feet of street-level retail and office space in Nashville, Tennessee.
  • Represent a utility provider in the acquisition, development and construction of a training center.
  • Borrower’s counsel for $15 million fiber optic conduit financing.
  • Bond and borrower counsel for $88,000,000 refunding for Ohio nonprofit corporation.
  • Bond counsel to Cuyahoga County in the issuance of $137,890,000 sales tax bonds.
  • Represent Group Plan Commission in the redevelopment of Public Square and the construction of a pedestrian and bicycle bridge, Cleveland Ohio.
  • Placement Agent’s counsel for $103 million parking facility, including construction, real estate and private placement in Tempe, Arizona.
  • Issuer’s counsel for $3.8 million senior housing facility in Trumbull County, Ohio.
    Represent Cuyahoga County Public Library in the sale and purchase of real property for construction of new library branches.
  • Represent local housing authority in the master lease of its former headquarters as well as other transactional and real estate matters.
  • Represent lender in $45 million loan to New York’s Metropolitan Transit Authority.
  • Representation of the City of Warrensville Heights, Ohio, as its Director of Law.
  • Served as general counsel to a 501(c)(3) District Energy Company, which includes but is not limited to corporate governance, construction, financing, and labor and employment matters.
  • Represents small business owners on various legal matters including but not limited to contracts, employment matters, intellectual property matters, litigation and construction matters.
  • Served as underwriter’s counsel in connection with a $25 million student housing facility in Augusta, Georgia.
  • Served as underwriter’s counsel in connection with a $45 million student housing facility and alumni center in Jackson, Mississippi.
  • Represented the City of Cleveland in connection with a U.S. Housing and Urban Development 108 Loan and Tax
  • Incremental Financing in a leveraged New Markets Tax Credit and Historic Tax Credit transaction related to the redevelopment of the AmeriTrust building, now known as “the 9,” a $270 million project with multiple financing sources.
  • Represented the City of Cleveland in connection with a Housing and Urban Development 108 Loan, Tax Incremental Financing and other conventional lending sources in a leveraged New Markets Tax Credit and Historic Tax Credit transaction related to the redevelopment of the East Ohio Gas Company building into a mixed-used commercial development project consisting of housing, retail and parking. This is a $65 million project with multiple public and private lending sources.
  • Represented 501(c)(3) senior healthcare entity in connection with the construction and development of a new headquarters and training center using New Markets Tax Credits, a $12 million project.
  • Represented the City of Cleveland as lender in a combined New Markets Tax Credit and Historic Tax Credit transaction for the buildout of commercial office space, a $7 million transaction.
  • Represented the City of Cleveland as a leverage lender and a grantor of a Housing and Urban Development Brownfield Economic Development Grant (BEDI), as well as other city lending sources in a New Markets Tax Credit transaction for the development and construction of a commercial greenhouse located in the urban core of the city, a $16 million transaction.
  • Represented the City of Cleveland as a lender in a leveraged New Markets Tax Credit transaction for the development and construction of a Marriott Hotel, a $25 million project. Prior to acting as lender’s counsel, represented a 501(c)(3) health care institution as a property owner.
  • Served as lender’s counsel to the city of Cleveland in connection with a $30 million Housing and Urban Development loan related to financing of the Flats East Bank project, a $272 million project with more than 30 sources of financing.
  • Represented a managed healthcare company headquartered in Long Beach, California, in connection with the acquisition of a 157,000-square-foot building in Columbus, Ohio, to serve as its headquarters for its Ohio operations, a $8.5 million purchase.
  • Serving as Placement Agent counsel in a $90 million bond private placement for the construction of a parking garage in Tempe, Arizona.
  • Represented a healthcare developer in the acquisition, development and construction of a healthcare rehabilitation facility.
  • Represented developer in connection with the State of Ohio Energy Loan secured by Special Assessment to be levied by the local municipality in the event of a default.
  • Represented a large 501(c)(3) healthcare provider in connection with the acquisition, construction, development and implementation of its Vision 2010 plan, a $1 billion investment, which included the construction of five major medical facilities as well as the expansion of a number of existing facilities.
  • Represented company in the negotiation of a Project Labor Agreement with the building trade unions to ensure the company would meet its diversity goals.

Contact Teresa

Practice Areas

Education

  • Cleveland-Marshall College of Law, J.D., Dean's List, 1992, Law Review Editor
  • University of Alabama, B.A., 1987

Admissions

  • State of Ohio
  • U.S. District Court (Northern District of Ohio)

Contact Teresa

  • tmbeasley@calfee.com
  • 216.622.8584
  • vCard

Practice Areas

  • Public Law and Finance
  • Real Estate
  • Government Relations and Legislation
  • Public/Private Partnerships
  • Calfee Zoning

Education

  • Cleveland-Marshall College of Law, J.D., Dean's List, 1992, Law Review Editor
  • University of Alabama, B.A., 1987

Admissions

  • State of Ohio
  • U.S. District Court (Northern District of Ohio)