Get To Know Me
Get To Know Me
My honeymoon with my wife.
Books currently reading
Word that best describes you
I love cars. I inherited it from my uncle.
Big Lebowski, Office Space, Old School.
When not working
Spending time with my wife. She’s my best friend and partner. I
hope we grow very old together.
Q & A
What was it about the legal field that drew your interest?
I respected the fact that legal knowledge would allow me to prevent others
from being marginalized. Being able to help a client in distress is highly
What are you most proud of at Geraci?
I work with a team of people who always do what’s right even if
it’s not what’s profitable at the moment.
What banking law or regulation would you like to see changed?
Where do I start? When I advise clients on all the aspects of law they
must comply with I can understand how overwhelming the task is. In California
alone, you have to worry about the Financial Code, Civil Code, Code of
Civil Procedure, and Business and Professions Code to make a loan. Then
you have to worry about a whole separate set of federal laws which may
completely contradict the state laws. No wonder why clients want to throw
up their hands.
If you could go back and change any aspect of your life, which would it be?
I wish I would have given my parents less grief. I know that karma will
eventually have its way.
What wisdom could you offer aspiring attorneys?
Love what you do. It’s cliché, but true. The practice of
law is tough; it’s long hours, highly stressful situations, and
intense demands. If you don’t love the area you practice in, you
are going to be miserable and it will show in your performance.
Tell us about one of your favorite clients and why you enjoy working with them?
I love to laugh. I’m fortunate to work with a lot of very funny
clients and the situations we run into together can create some very funny moments.
Who has had the most impact on your career?
Anthony Geraci. He was the first person I worked for back as a first-year
law student. He’s grown to be a mentor and a friend.
Who is or was the most influential person in your life?
What’s the toughest business decision you’ve ever made?
We are in the business of making tough decisions. Our decisions can have
multimillion dollar consequences and are never taken lightly.
What is your proudest achievement?
There really isn’t a personal achievement that I can identify. Watching
the success of our clients brings a tremendous amount of personal satisfaction
and joy for me.
What’s it like working at Geraci?
Imagine a stuffy traditional law firm and reverse everything. It’s
a great environment where everyone is creative, energetic, and hardworking.
The comradery is fantastic and I go to work energized.
What was it that drew you to Geraci?
I needed a job as a clerk my first summer in law school. My older brother
was playing a game of poker with Anthony and others and brought up the
fact that I was looking for work. Anthony gave me a shot and 8 years later,
the rest is history.
What can we learn from the past in our business?
Markets are cyclical. As an expert in real estate I try to be as cautious
as possible in my approach to all situations.
Nema Daghbandan's practice encompasses all facets of real estate transactions
representing lenders and brokers, including loan documents for commercial,
residential, construction, multi-family, servicing agreements, spread
agreements, assignments (of all types), leases, lien releases, procurement
agreements, intercreditor agreements and subordination agreements throughout
the country. Mr. Daghbandan also leads the firm's non-judicial foreclosure
practice and advises clients on all default related matters. Mr. Daghbandan
has closed hundreds of millions of dollars in loans throughout the country.
Mr. Daghbandan also has experience drafting private securities offerings
and registered California mortgage backed securities. In addition, Mr.
Daghbandan prepares buy/sell agreements, operating agreements, limited
partnership agreements, private placement memorandums, offering circulars
and other business to business agreements for the firm's corporate clients.
Nema graduated magna cum laude from the University Of Miami School Of Law.
During law school Mr. Daghbandan served as the Managing Editor of the
University of Miami Inter-American Law Review where he received the Lillian
R. Levi Award for Excellence and the Most Outstanding Third Year Student
award. Mr. Daghbandan also received numerous honors including Book Awards
in Immigration, Legal Research and Writing and the Center for Ethics and
Professional Responsibility Program.
Mr. Daghbandan understands the need for prompt and effective communication
with clients. All clients can and should expect an immediate response
via e-mail or telephone and clearly communicated deadlines and price expectations.
As a transactional attorney, Mr. Daghbandan has the experience to navigate
through difficult and contentious processes and has the ability to place
the client first while not getting in the way of the transaction closing.
Prior to joining Geraci Law Firm, Mr. Daghbandan was a summer associate
with international law firm Dechert, LLP where Mr. Daghbandan assisted
in the securities department representing clients such as PIMCO and Pacific
Life. Mr. Daghbandan also interned in the General Counsel's office
of Bacardi, USA, Inc., where he drafted and reviewed international contracts.