Acquisitions & Sales
From single property deals to complex, multi-state portfolio transactions, we guide our clients through purchases and sales, ground leases, like-kind exchanges and the purchase and sale of equity interests in entities.
Whether you are buying or selling property, our team possesses the keen judgment and exceptional technical skills to handle all aspects of your deal on a local, national and international level.
We counsel a variety of clients on a broad range of real estate projects.
Who we serve:
- Major regional and national developers
- Investment funds
- Institutional investors
- Public and private real estate and property companies
- Hotel and hospitality companies
- Commercial tenants
- Shopping centers
- Freestanding retail buildings
- Multifamily properties
From day one through closing, and beyond
From the time you begin working with us on your purchase or sale, we make sure that you are freed up to focus on your business. We structure, negotiate and document the transaction, coordinate and perform due diligence, and manage all transaction phases through closing to ensure your objectives are achieved.
Our goal is to get the deal done, and to get it done right. We strive to avoid having you bogged down by a myriad of issues, however we also do not want to see you tackling a larger complication further down the road. When necessary, we call upon our colleagues in the firm’s environmental, tax, corporate and litigation departments, affording our clients a full range of services and comprehensive solutions.
your project goals realized
We build our approach from the ground up based on your project’s needs and goals. Our team guides you through the lifecycle of your project with efficiency and care.
Document Negotiation and Drafting
- Brokers’ listing agreements
- Letters of intent
- Option agreements
- Purchase and sale agreements
- Joint venture agreements
- Management agreements
- Loan documents
- Leaseback agreements
- 1031 like-kind exchange documents
Collaboration with Consultants
We assist with the process of selecting and overseeing various third parties, including:
- Title companies
- Land surveyors
- Due diligence consultants
- Environmental consultants
- Civil and structural engineers
- Local counsel
We also work with land surveyors and title insurance companies in obtaining the appropriate form and content of ALTA land surveys and title insurance policies.
Due Diligence Review
- Review of site selection and economic feasibility studies
- Physical, environmental and land use due diligence reports
- Title and survey review
- Lien and litigation searches
- Entity authority concerns
We also review public records and file inquiries with public officials to ascertain whether a property complies with applicable laws, the extent of any uncured violations and whether the owner has obtained the necessary licenses, permits and governmental approvals to construct and operate a property.
Lease and Contract Review
Before entering into a binding agreement, it is of the utmost importance that we review and analyze existing leases to determine:
- If they comport with underwriting
- If third-party consents are required for the transaction
- The rights and costs to assign or terminate any leases
We also review property management and service contracts that a client might assume as the new owner of a property, to ensure that you are protected from day one.
We negotiate financing documentation with lenders and coordinate the payoff, defeasance and, in some cases, the assignment and assumption of existing loans.
We identify potential liability exposure, which can be addressed through indemnity protection, insurance coverage (including environmental insurance coverage where appropriate), waivers and releases, disclosures, escrows and post-closing rights.
We guide and structure creative transactions to minimize and defer potential tax liability, including the implementation of forward and reverse 1031 exchanges and the use of certain entity structures.