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225 South Sixth Street | Minneapolis, MN 55402
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Todd B. Urness

Shareholder
p (612) 604-6657   f (612) 604-6857 
Education
University of Minnesota Law School, J.D., 1982
Gustavus Adolphus College, B.A., summa cum laude, 1979
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Experience
Todd B. Urness has practiced with the law firm of Winthrop & Weinstine, P.A., since 1985 and has been a shareholder with the firm since 1988. Mr. Urness is currently a member of the Board of Directors of Winthrop & Weinstine and has served on its senior management and compensation committees since 1993. Prior to joining Winthrop & Weinstine, he was with the accounting firm of Coopers and Lybrand.

Mr. Urness practices primarily in the areas of real estate and corporate finance with an emphasis in multifamily housing development and finance. He serves as counsel to numerous business and real estate owners, developers and investors as well as banks, syndicators and other financial or lending institutions throughout the upper Midwest. He also has served on the Board of Directors of a number of development and finance corporations. Mr. Urness advises clients on a number of complex development and finance related issues including the use of tax exempt bonds, tax increment financing, tax credits, joint venture and partnership matters, city, county and other governmental subsidies. He has specific and substantial expertise in multifamily housing development and finance including the development and financing of rental and for-sale housing as well as commercial and mixed use facilities. Mr. Urness has experience in all aspects of real estate development from land acquisition and assembly, joint venture relationships, construction, mezzanine and permanent financing matters as well as the negotiation, documentation and monitization of subsidies such as tax increment financing and tax credits.

In connection with his real estate development and finance practice, he has significant expertise and experience in the negotiation, documentation and monitization of tax increment financing. Tax increment financing is a customary and vital subsidy involved in most metro area transactions for commercial or housing developments. Mr. Urness has negotiated TIF agreements with most cities in the greater metropolitan area and also has substantial experience and expertise in the area of monitization of TIF streams and in the use of TIF as security for debt financings.

In addition to his career at Winthrop & Weinstine, Mr. Urness has developed, acquired and owns a significant number of multifamily housing rental projects. Mr. Urness, through a variety of affiliates, has developed or acquired and rehabilitated over 900 rental units with a total construction/acquisition cost in excess of $60,000,000. These developments have been financed utilizing a combination of a number of public subsidies and private financing sources and are located in various areas of the Twin Cities.
 
Bar Admissions
Minnesota, 1982

Community Involvement
  • Minnesota State Bar Association
  • Hennepin County Bar Association
  • Minnesota Society of Certified Public Accountants
  • American Institute of Certified Public Accountants

Honors & Awards

  • Recommended in Real Estate, from Chambers USA, 2016-2017
  • Best Lawyers in America©
    • Tax Law, 2013-2017
  • Minnesota Super Lawyers®, 2004-2017
  • Ranked as “AV Preeminent” in LexisNexis Martindale-Hubbell’s peer review ratings

July 05, 2017
Thirty Winthrop & Weinstine Attorneys Named to Super Lawyers List

August 15, 2016
Twenty-Six Winthrop & Weinstine Attorneys Named to 2017 “Best Lawyers In America” List

July 05, 2016
Forty-Six Winthrop & Weinstine Attorneys Named as Super Lawyers and Rising Stars

May 27, 2016
Winthrop & Weinstine Ranks Among Leaders in Chambers USA 2016

August 17, 2015
Twenty-Five Winthrop & Weinstine Attorneys Named to 2016 “Best Lawyers In America” List

July 07, 2015
Twenty-Nine Winthrop & Weinstine Attorneys Named to Super Lawyers List

August 18, 2014
Twenty-One Winthrop & Weinstine Attorneys Named to 2015 “Best Lawyers In America” List

August 11, 2014
Dominium Brings History Back to Life for the Arcade Building

July 29, 2014
Winthrop & Weinstine Celebrates Grand Opening at Schmidt Artist Lofts

July 07, 2014
Twenty-Eight Attorneys Named to Super Lawyers List

October 11, 2013
Winthrop & Weinstine Represents Dominium in Pillsbury A-Mill Project

August 15, 2013
Twenty-One Winthrop & Weinstine Attorneys Named to 2014 “Best Lawyers In America©” List

July 08, 2013
Twenty-Four Attorneys Named as Super Lawyers®

September 19, 2012
Twenty Two-Attorneys from Winthrop & Weinstine Named to “Best Lawyers in America” List

July 09, 2012
Twenty-Three Winthrop & Weinstine Attorneys Named as Super Lawyers®

January 17, 2012
Winthrop & Weinstine Announces 2012 Board of Directors

July 12, 2011
Minnesota Super Lawyers® Includes Over Twenty Attorneys at Winthrop & Weinstine

March 21, 2011
Winthrop & Weinstine Announces 2011 Board of Directors

December 21, 2010
Winthrop & Weinstine Celebrates This Holiday Season with the Help of Local Talent


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