Mary S. Ranum


Fredrikson & Byron P.A.
200 South Sixth Street
Suite 4000
Minneapolis, MN 55402

Tel: 612.492.7072


Mary represents a wide range of clients on real estate acquisitions and developments, financings and leasing. She is known for maintaining strong relationships with clients and bringing together the appropriate team to meet the needs of each client.

Mary is a certified Real Property Law Specialist and has been elected to the American College of Mortgage Attorneys. She has been a member of the Real Estate and Bank & Finance Practice Groups at Fredrikson & Byron since 1984 and served as chair of the firm’s Board of Directors for eight years. Mary works with a broad range of clients including lending institutions, major retailers, health care providers and real estate developers on acquisitions, financings and leasing. Mary represents nonprofit borrowers in connection with tax-exempt bond financing, including educational institutions and health care organizations.

Mary has significant experience with high volume real estate clients. For many years, she served as Minnesota counsel to a publicly-traded national homebuilder/developer. In that capacity, she directed a team of lawyers and paralegals in a full range of real estate law services. Mary regularly represents a national company in connection with the acquisition, development and leasing of large health clubs and collaborative office spaces. Mary also regularly represents a publicly-traded national restaurant company in connection with the leasing and development of its corporate-owned restaurants throughout the country.

  • Albert Nelson Marquis Lifetime Achievement Award, Marquis Who’s Who, 2018
  • American College of Mortgage Attorneys
  • Real Property Law Specialist, certified by the Real Property Section, Minnesota State Bar Association
  • Super Lawyer – Real Estate, Minnesota Super Lawyers, 2000-present
  • The Best Lawyers in America, Real Estate Law, 2008-present
  • Chambers USA: America’s Leading Lawyers for Business
  • Top Women in Finance, Finance and Commerce, 2011
  • 25 Industry Leaders List, Minneapolis/St. Paul Business Journal, 2011
  • Volunteer of the Year, Metropolitan Economic Development Association, 1997
  • Order of the Coif
  • Concordia College – Moorhead, Board of Regents, 2014-present
  • University of Minnesota Law School, Board of Advisors, 2013-present
  • Twin Cities Diversity in Practice, Board Member, 2010-present
  • American College of Mortgage Attorneys, Fellow, 2007-present
  • American College of Real Estate Lawyers, Fellow, 2015-present
  • Bond Buyer’s Municipal Marketplace Attorney Listings, 1997-present
  • Evangelical Lutheran Church in America Board of Pensions, Board of Trustees, 2003-2009
  • University of Minnesota Law School, Law Alumni Association Directors, 1998-2003
  • Minnesota Advocates for Human Rights, Board of Directors, 1993-2004
  • Minnesota Justice Foundation, Board of Directors, 1993-1998
  • Minnesota State Bar Association, Real Property, Corporation, Banking and Business Law Sections
  • Hennepin County Bar Association, Real Property Section
  • Minnesota Law Review, Member, Managing Editor, 1981-83
When it comes to real estate, vision and determination can lead to extraordinary results. But dreams and project realities are often separated by complex issues, which can slow or stall projects of all types and sizes. At Fredrikson, our attorneys help clients from the ground up.

Not only have we negotiated hundreds of purchase, sale, lease, development, finance, and construction deals in virtually all market segments, but we get these deals done. We have more than 60 years of experience of successfully closing client deals for everything from industrial parks and office buildings to shopping centers, housing developments and mixed-use projects. Our ability to help clients complete deals was recognized by Midwest Real Estate News, which placed Fredrikson as a top Minnesota law firm.

Purchases & Sales

We advise sellers and buyers on all issues related to the sale and purchase of real estate, including contract negotiation, due diligence, title examination, physical condition of properties, zoning and regulatory matters, environmental matters and closing the transaction.


We represent landlords and tenants in all types of lease transactions, including retail, office, industrial, ground and warehouse space leases. Our attorneys skillfully help clients achieve their goals in a cost-effective way.


We regularly represent both lenders and borrowers in structuring, documenting and closing loans and other credit facilities. In addition, our nationally recognized public finance practice gives us the expertise to act as bond counsel, lender’s counsel or borrower’s counsel in bond financings.

At Fredrikson, we’ve built a reputation as the firm “where law and business meet” by bringing business acumen and entrepreneurial thinking to our work with clients, and by operating as business advisors and strategic partners as well as legal counselors.

A proactive, problem-solving mindset runs throughout our service areas, from our traditional legal areas of support like litigation, real estate, and intellectual property to our more consultative practices like government relations. It’s a mindset that enables us to understand and keep client objectives firmly in mind, and to anticipate and address problems before they arise.

Our lawyers blend a common sense approach with in-the-field experience, and we utilize our firm’s strong reputation and our lawyers’ broad networks of business and industry contacts to get things done for clients.

Clients have relied on us since 1948 for great solutions that help them minimize legal risks and maximize business benefits. We look forward to an opportunity to show you what it is like where law and business meet.

Fredrikson & Byron, P.A. was founded in Minneapolis in 1948. Since then, we’ve grown into an international firm of over 350 attorneys in over 30 practice areas.