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JayPalchikoff
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PartnerO'Neil LLP
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Irvine I

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Real Estate Law
Partner
O'Neil LLP
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Jay F. Palchikoff has been licensed to practice law in California since 1982. Mr. Palchikoff received his B.A. degree from UCLA in 1977, magna cum laude, and his J.D. from UCLA School of Law in 1982. Upon graduation, Mr. Palchikoff practiced in the Newport Beach office of Gibson, Dunn & Crutcher until joining with 16 other lawyers of the firm in the formation of Pettis, Tester, Kruse & Krinsky in April 1987. Mr. Palchikoff was elected partner in 1989. In September 1993, Mr. Palchikoff and eight other Pettis, Tester lawyers formed Hewitt & O’Neil LLP (now named O’Neil LLP). Mr. Palchikoff has extensive experience handling a wide variety of commercial, residential (homebuilding), hotel, country club, retail and industrial transactions in California and many other states (associating with local counsel as appropriate), including acquisitions, sales, exchanges, leases, joint ventures, limited partnership offerings, financings, hotel and club management agreements, club membership plans, sale-leasebacks, portfolio and stock-based acquisitions of real estate companies, debt and lease restructurings and workouts, co-tenancy arrangements, construction agreements, environmental indemnities, brokerage arrangements and development agreements. Mr. Palchikoff also handles a variety of general business matters, including business partnerships, business loans, company formation, merger and dissolution and miscellaneous contracts, coordinating with the firm's corporate securities lawyers as appropriate. Mr. Palchikoff structures and negotiates sophisticated joint ventures (usually as limited liability companies) with institutional investors and others, as well as handling purchases, sales, options, financings and various business combinations arising in real estate and other industries. Mr. Palchikoff also has expertise representing clients in golf course and country club community development and golf course sales, which involves diverse matters such as negotiation of financing and development joint ventures, loan agreements, engineering, construction and consulting contracts and golf course and club operating agreements, structuring membership plans and related documents, advising on advertising materials, processing of development entitlements (e.g., maps, annexations, improvement agreements, development agreements and security arrangements), and drafting and coordinating of CC&Rs, real estate sales documents, homeowner association documents and California Department of Real Estate filings. These projects also require coordination with corporate securities lawyers in offerings for raising capital and sales of country club memberships. Mr. Palchikoff has been licensed to practice law in California since 1982. Mr. Palchikoff received his B.A. degree from UCLA in 1977, magna cum laude, and his J.D. from UCLA School of Law in 1982. Upon graduation, Mr. Palchikoff practiced in the Newport Beach office of Gibson, Dunn & Crutcher until joining with 16 other lawyers of the firm in the formation of Pettis, Tester, Kruse & Krinsky in April 1987. Mr. Palchikoff was elected partner in 1989. In September 1993, Mr. Palchikoff and eight other Pettis, Tester lawyers formed Hewitt & O’Neil LLP (now named O’Neil LLP). Mr. Palchikoff has served for many years on the Executive Committee of the UCLA Fund (now “Chancellor’s Society”) which is UCLA’s annual leadership giving effort. Mr. Palchikoff served as Vice-Chair and then Chair of the Fund from 2014-2018. During the latter two years as Chair, Mr. Palchikoff also served as a Member of the UCLA Foundation Board, and he continues his work on the Executive Committee of the Chancellor’s Society and its Orange County Regional Committee (which he chaired for several years). Mr. Palchikoff also has served on the UCLA School of Law Alumni Board for many years. Direct line: (949) 798-0730 Email address: [email protected]