scott & krauss

Scott & Kraus, LLC
150 South Wacker Drive
Suite 2900
Chicago, IL 60606


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Our Professionals

James A. Schraidt, Partner

J.D., Southern Illinois University School of Law (1978)
B.S., University of Illinois at Urbana (1973)

Areas of Concentration
Real Estate

Illinois *

Professional Memberships & Organizations
Elected Member Riverside District 96 School Board (K-8) 04/03 - 04/11
Illinois State Bar Association Chicago Bar Association
National Association of Bond Lawyers

Executive Summary
Mr. Schraidt is a partner concentrating his practice in secured lending and real estate. Mr. Schraidt has extensive experience in representing financial institutions and borrowers in real estate secured, asset-based and unsecured financing transactions, as well as syndications, securitizations, workouts and restructurings. In addition, he serves as underwriter's counsel, and letter of credit bank counsel in industrial development, multi-family housing, and a broad range of 501(c)(3) organization bond transactions and has extensive experience in real estate matters, including purchases, sales, leasing, development and financing.

Prior to entering private practice in late 1985, Mr. Schraidt was in-house general counsel to the Illinois Development Finance Authority (IDFA), an issuer of revenue bonds for public and private activities statewide. At IDFA, he was involved in legislative advocacy, program development, including development of an insured, pooled bond program, acting as issuer's counsel in the issuance of privately placed and publicly marketed bonds and development and administration of a direct loan program for small businesses.