Real Estate Transactions
Advancing
client interests through successful, cost-effective, well-documented
transactions.
From the beginning, real estate has been a cornerstone of HCMP's practice.
The lawyers in our Real Estate group have unsurpassed experience in
planning, negotiating, documenting and closing transactions involving
real estate, whether large or small. With our clients, we regularly
deal with every issue real property owners, developers, investors and
lenders face. We combine a thorough understanding of the legal considerations
with a working knowledge of the practical realities involved in your
real estate business.
Comprehensive
or à la carte services from pre-purchase through development and sale.
Our work includes all activities from site targeting and selection
through planning and formation of entities for the development, financing
and protection of real estate projects, negotiation of purchase and
sale agreements, construction agreements and leases, addressing legal
issues in the day to day management of real estate, and sale of completed
projects. We also assist with planning for the federal and state taxes
that each owner of real estate will face. (See Tax). We are available
at every stage of your real estate project or transaction and have encountered,
at one time or another, the issues that you will face with your projects.
Choosing
the right entity for your real estate project or investment.
All too often in the rush to close the acquisition or financing
of a parcel of real estate, the owner does not do the advance planning
necessary to determine the most advantageous way to own the property.
We know the importance of this decision and the legal and practical
considerations that affect the best choice of entity for your project.
The lawyers in our Real Estate group will work closely with you to analyze
and evaluate the legal and tax considerations that go into deciding
whether to hold your project or investment as a sole proprietor, general
partnership, limited partnership, limited liability company or corporation.
We know the importance of this decision, the expense and unexpected
consequences of making the decision incorrectly, and how to guide you
to the proper choice.
Meeting
the demands of a constantly changing legal environment.
In response to the increasingly complex real estate market, we have
assembled a team with experience in a number of real estate and related
areas:
- condominium and time-share developments
- public-private development projects
- commercial and retail leasing
- structuring tax-free exchanges, including delayed and reverse exchanges
- resolving environmental issues including those arising with landfills,
transfer stations and other solid waste projects
- the hospitality industry
- negotiating with federal, state, and local agencies exercising
jurisdiction over a client's property
- conservation easements
In addition, our real estate attorneys use a team approach with our
other lawyers to address site development, zoning, permitting, and compliance
concerns. We are experienced with the interaction between real estate
transactions, land use approvals, and environmental compliance. See
Feasibility Analysis and Strategic
Planning, Permits and Entitlements,
and Environmental areas of expertise.
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Loans,
financing and capitalization services.
We represent both borrowers and lenders in real estate related financings
and capitalizations. Our clients include borrowers in projects financed
through bank loans, industrial development revenue and other types of
bonds, as well as construction and permanent loans. Our work for lenders
includes loan negotiation and documentation, loan restructuring and
workout arrangements, judicial and nonjudicial foreclosures, and bankruptcy
and related adversary proceedings. See Lender
Services.
Conflict
resolution and litigation.
We have earned a reputation for advancing our clients' interests within
the framework of successful, cost-effective, carefully documented transactions.
In instances where we become involved after a dispute has arisen or
where litigation cannot be avoided, however, we offer broad experience
in real estate litigation, including condemnation and takings cases,
specific performance and damages actions under purchase and sale agreements,
lease disputes, foreclosures, workouts and environmental damages and
contribution actions. Our representation in such cases has often been
on behalf of major companies such as Weyerhaeuser Company, Glacier Northwest,
and Northwest Steel Rolling Mills. See Land
Use & Real Estate Litigation and Litigation
Services.
Other major clients for whom we perform real estate work include: PACCAR
Inc, Weyerhaeuser Real Estate Company, The Quadrant Corporation, Crown
Pacific, the Port of Seattle, Mitsubishi Corporation, Land Recovery,
Inc., National Development Council, Wright-Wapato, Inc., and Starwood
Hotels & Resorts Worldwide, Inc.
For More Information Contact: Steven
R. Rovig, Michael F. Schumacher,
or David E. Myre, Jr.
