Opportunity: An out-of-state client and an additional entity wished to purchase a 300,000 square foot retail shopping mall with private equity financing in a short timeframe.
Solution: Our real estate practice group facilitated the timely closing of the property. We drafted the necessary real estate and loan documents, including a tenant-in-common agreement regarding the nature of the parties’ individual interests in the property, and an ancillary property management agreement.
Result: We successfully navigated the legal and administrative issues from contract to closing in approximately one month.