Paul Arena focuses his practice on acquisition, disposition, financing, development, and leasing of real property.


Paul has extensive experience in a wide range of real estate transactions.

  • He represents real estate owners in tax-deferred exchanges under Section 1031 of the Internal Revenue Code, including forward and reverse exchanges and tenant in common restructures.
  • He represents lenders and borrowers in real estate loan transactions, with a particular focus on homebuilder construction facilities and lot development facilities.
  • He has drafted a master declaration of covenants, land condominium declarations and other documents for a two-block urban mixed-use redevelopment.
  • He has represented a bank in the completion of development of a 70 unit second-tier residential condominium tower that secured a distressed $30,000,000 construction loan, including the preparation of a master land condominium declaration, a second-tier condominium declaration and template documents for the sale of second-tier condominium units by the bank.
  • He has represented a bank in a $15,000,000.00 acquisition and development loan secured by a statutory riparian easement, marina facilities and non-profit yacht club interests.
  • He has represented local government and quasi-governmental entities regarding real estate, development, contract and other transactional matters, including representation of a municipality in a joint venture with a school board to acquire and develop land for schools, a municipal community center and municipal park.



  • Law & Politics North Carolina "Rising Stars", Real Estate
  • Business North Carolina Legal Elite, Real Estate
  • Charlotte-Mecklenburg Zoning Board of Adjustment, 2012-2019; Chair, 2016-2019
  • Charlotte Secondary School:
    • Board of Directors, 2015-2018;
    • Chair, 2017-2018
  • Leadership Raleigh, Class 22 Graduate 
  • Member of Land Acquisition Committee, Catawba Lands Conservancy, Charlotte, NC, 2010-2012
  • Alternate Member, Durham City/County Board of Adjustment,  2006-2007
  • Volunteer Advisor, High County Conservancy, Boone, NC, 2002-2005
  • Adjunct Professor, Pfeiffer University MBA, "Business Law," Summer 2002



  • North Carolina Bar Association (Real Property Law Section, Business Law Section, and Land Use Section)
  • Mecklenburg County Bar Association
  • 26th Judicial District Bar Association
  • Federalist Society

Speaking Engagements

Speaking Engagements

  • Panelist, “Elected and Appointed Officials – Do’s and Don’ts of Representing Clients in Legislative and Quasi-Judicial Proceedings,” N.C. Bar Association Zoning, Planning & Land Use Section Annual Meeting, April  2017



J.D., University of North Carolina at Chapel Hill, 1996

B.A., University of North Carolina at Chapel Hill, 1993


  • South Carolina, 2015
  • North Carolina, 1996
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Board Certified Specialist in Real Property Law: Business, Commercial and Industrial Transactions

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