Richard Ahsler chairs the firm’s Business Law & Transactions Department, which includes the Real Estate practice. He concentrates his practice on all types of complex real estate, banking and business transactions, including sales, financings, leases and acquisitions. He has initiated and closed innumerable commercial, financing and real estate deals by drafting, reviewing, revising and finalizing a wide array of commercial legal documentation. His specific practice areas include:
representation of borrowers, banks and other major lending institutions in the financing of residential, commercial, retail and industrial real estate projects;
acquisition, sale, leasing, development and construction of all types of properties, including shopping centers, office buildings, warehouses, stores, restaurants, hotels, industrial parks, apartment buildings, single-family developments and condominiums;
formation, purchase and sale of businesses, assets, corporations, partnerships, limited liability companies and other entities;
representation of buyers and sellers of buildings and vacant land;
representation of landlords and tenants on commercial leases; and
representation of lenders and borrowers on sophisticated mortgage loans, modifications and work-outs.
Rick is a member of the American Bar Association, Real Property and Trust Law Section and Business Law Section, as well as the New Jersey State Bar Association, Real Estate Law, Banking Law and Business Law Sections. He is also a member of the National Association of Industrial and Office Properties.
Rick has been the chairman of the Chatham (New Jersey) Jaycees Charitable Contributions Committee. He is also very active in promoting local youth athletics, having been a head coach in baseball and an assistant coach in football, soccer and basketball for more than two decades. For 12 years, he served as an officer and director of the Chatham Baseball Club, and the former vice president and treasurer for the Chatham High School Athletic Booster Club. He is currently an elder at the Presbyterian Church of Chatham Township.
PRESENTATIONS
Residential Real Estate Contracts and Law Seminar, Speaker, April 2012, Somerset County Business Partnership
PUBLICATIONS
“New Jersey’s Revised LLC Act Now Applicable to All Companies,” March 12, 2014
“Two Family Homes and Seasonal Rentals No Longer Considered to be Bulk Sales Transactions,” October 24, 2011
“Ground Leases vs. Condominiums,” October 10, 2001
“Landlords of Retail Space Beware,” April 25, 2001
“Commercial Tenant May Be Ejected at Foreclosure Sale,” April 1, 2000
“Boilerplate Provisions in a Lease Can Burn an Unwary Tenant,” January 19, 2000
LATEST BLOG POSTS
The Impact of Force Majeure Clauses in Agreements During the COVID-19 Crisis