Real Estate

Our real estate attorneys are dealmakers who suggest straightforward ways around the toughest impasse in negotiating your purchase and sale or lease. You will always know the status of the transaction and you will be in control of the business decisions which must be made. We work hard after the contract is signed on due diligence and on documents to make your closing easy and effortless.

Services offered include:

Commercial, industrial, retail, residential, and vacant properties
Purchase and sale agreements
Financing — conventional and tax-exempt
Leases
Construction contracts

Review of contracts and agreements
Zoning
Easements
Tax planning and advice
Limited partnerships
Limited liability companies
Real estate tax exemptions

Real Estate Client Story

We represented an industrial company, which simply outgrew its plant. We negotiated a purchase of vacant land directly from the owner at a favorable price. We prepared construction contracts for the new plant and helped secure low-interest financing through tax-exempt industrial revenue bonds issued by the village. Our client wanted to reward his key employees, not through issuance of corporate stock, but by allowing the key employees to buy an interest in the new plant. We organized a limited partnership to do that, and put a buy/sell arrangement in the limited partnership agreement to keep the ownership interests in the original group. The limited partnership then leased the plant to the industrial company. The plan worked, as all of the key employees have stayed with the company. Afterwards, the plant expanded (twice) and has been refinanced, and a second group of key employees has been added.