Real Estate Transactions

 

We help clients identify and allocate acquisition risk—from title and feasibility through closing conditions and post-closing obligations.

 

Practice Contacts
Anthony J. Clark · Ryan C. Day · Douglas M. Irvin · David A. Katz · Kaitlin R. Zarro

 

We represent builders, developers, investors, owners and lenders in acquisitions, dispositions and the diligence in between — from the letter of intent through closing and the obligations that survive it. Our work spans residential communities, retail centers, office and flex buildings, industrial and outdoor storage sites, and mixed-use and multifamily projects.

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Our attorneys’ in-house experience informs a practical approach to diligence, with an emphasis on identifying issues early and addressing them in the transaction documents.

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Our services include

 

• Deal structure and entity selection

• Letters of intent and term sheets

• Purchase and sale agreements

• Option and staged acquisition agreements

• Title, survey and zoning due diligence

• Easements, licenses and access agreements

• Ground leases

• Development and cost-sharing agreements

• Section 1031 exchange structuring

• Property management agreements

• Closing coordination and post-closing obligations

• Distressed real estate and workouts

• Common-interest community formation and declarant matters

 

Representative Matters

 

• Represented purchasers in the $22.5 million acquisition of a five-parcel commercial portfolio in Anne Arundel County, Maryland, involving tenancy-in-common ownership, acquisition financing and two Section 1031 exchanges.

• Represented the buyer in the $7 million acquisition of an approximately 21,000-square-foot, fully leased mixed-use building in downtown Annapolis, Maryland.

• Represented the seller in the $6 million sale of an approximately nine-acre industrial outdoor storage property subject to a ground lease.

• Assisted a regional REIT in the acquisition of a $4.75 million, fully leased commercial property in Luzerne County, Pennsylvania.

• Represented the seller in the $4.25 million sale of a retail and warehouse building in Annapolis, Maryland, including Section 1031 exchange and replacement-property structuring.

• Represented a regional developer in simultaneous acquisitions in Morris County, New Jersey, and Prince George County, Virginia.

• Represented the seller of a 262-unit apartment community in a $28 million sale that terminated when the buyer exercised its diligence walk right, was reinstated by a negotiated amendment carrying mutual no-claims representations and a replenished deposit, and closed to the buyer's assignee.

 

View additional representative matters on our experience page.

To discuss an acquisition, a disposition or a diligence question, get in touch.