We offer comprehensive services for commercial real estate transactions. These services include representing buyers and sellers of land and commercial buildings. We assist our clients in avoiding the disputes and delays, which frequently arise in connection with real estate transactions by actively participating in the preparation and negotiation of contracts of sale. We also oversee or conduct the due diligence functions required to close a transaction, including title examination, review of easements and other encumbrances, environmental reviews and resolution of other issues needed to ensure a smooth transaction.
Acquisition and Development
We have comprehensive experience in the acquisition and development of all types of commercial real estate, including multi-family rental property, office buildings, hotels, warehouse and distribution facilities, single-family subdivisions, and common interest communities. We have represented clients within and outside of the State of Connecticut on the acquisition, development, financing, and construction of such properties. In this capacity, we prepare contracts of sale or purchase based on our extensive experience and tailored to meet the type and size of property involved. In development proposals, we prepare or review construction and architects agreements for owners and developers.
Golf Course and Recreational Properties
We have developed significant experience in the development, financing and operation of golf courses and other recreational properties. We are familiar with the economics of golf courses, as well as the permitting and environmental issues frequently associated with their development and operation. We recommend the appropriate governance structure for such communities and have also been involved in the formation of non-profit recreation clubs, including a tennis facility.
Leasing and Financing
We have substantial experience in all types of commercial leasing including shopping centers, office buildings, restaurants, multi-family properties and single user facilities. We have created leases to fit particular situations, including step-up leases, percentage leases and “quadruple net” leases.
Section 1031 Tax Deferred Exchanges
Our Firm has structured and facilitated numerous tax deferred exchanges under Section 1031 of the Internal Revenue Code. We aid our clients in structuring forward deferred exchanges under which a property is first transferred and a replacement property is subsequently designated and transferred back to the client. We can serve as a qualified intermediary that functions as an escrow agent for certain exchanges.
We negotiate, review or prepare architect and construction contracts for owners, architects or contractors. We have represented project participants in the mediation, arbitration or litigation of construction disputes. We are experienced in contract enforcement, including filings, prosecution and foreclosure of mechanics liens.