“Put your money in land, because they aren’t making any more of it.”–Will Rogers
Everyone needs a place to work. We spend more time in our office than we spend awake at home. For small businesses and entrepreneurs, the terms of your commercial lease or mortgage can often make a huge difference in the ultimate success of the enterprise.
Our New York commercial real estate lawyers are an integrated element of the suite of services we provide to our small business clients. The terms of your real estate agreements need to be flexible and not burdensome. A small business needs room to maneuver and adapt as your business’ needs and circumstances change.
Your Commercial Real Estate Lawyers
Being based in New York City, our real estate lawyers have been hard fought in the toughest property market in the world. We’ve represented buyers and sellers of commercial property, landlords and tenants as well as lenders and borrowers in financing transactions. We’ve handled deals for retail and office space, manufacturing facilities and warehousing both here and throughout the United States.
Purchase and Sale of Commercial Real Estate
- Review of the initial contract between the Purchaser and the Seller;
- Negotiation of contract between the Purchaser and the Seller;
- Review of the necessary due diligence on the property;
- Representation of the client in obtaining the necessary financing; and
- Representation of the client at the closing and transfer of title.
Leasing of Commercial Space
- Analysis of leasing options;
- Drafting and negotiation of the Commercial Lease;
- Conducting due diligence on the Leased Premises;
- Analysis of financial impact of leasing options and costs;
- Preparation of final lease documents; and
- Continuing representation throughout the lease.
Mortgage Financing
- Analysis of mortgage options;
- Drafting and negotiation of the mortgage documents;
- Conducting due diligence on the mortgaged premises;
- Conducting due diligence on borrowers;
- Use of Special Purpose Entities to protect mortgaged premises from Borrower’s creditors;
- Preparation of final mortgage documents;
- Recording of mortgage and security agreements; and
- Continuing representation throughout the lease.
Real Estate Investment Fund (REIT, TIMO)
- Preparation of Investment Fund Operating Agreement;
- Preparation of Investment Manager Operating Agreement;
- Preparation of Investment Management Services Agreement;
- Preparation of Investment Fund Offering Prospectus;
- Review of Investment Fund Business Plan;
- Registration of securities with the Securities and Exchange Commission and state regulatory agencies;
- Execution of Purchase and Sale of Commercial Real Estate (see above);
- Tax analysis of different exit strategies.
