Commercial Real Estate Development

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The Real Estate Practice Group has been a significant practice area of the firm for almost a century. We have provided advice to clients in the acquisition, sale, leasing, development, financing and construction of all kinds of properties, including shopping centers, office buildings, warehouses, personal storage facilities, stores, restaurants, hotels, industrial parks, apartment buildings, single-family home developments and school facilities. We handle all aspects of the development of condominium projects on behalf of the developer-client, including the preparation and filing of the application for registration, public offering statement and master deed with the New Jersey Department of Community Affairs, closing on construction and permanent loan financing, negotiating purchase agreements, and conducting the closings of the sales of the individual units.

In connection with these and other real estate developments, we regularly appear before municipal planning boards and zoning boards to secure subdivision, site plan, variances and other approvals for our clients.

On commercial projects, our attorneys negotiate and draft the terms of option agreements, sales contracts, easement agreements, environmental indemnities, promissory notes, mortgages, security agreements, guarantees and related documents. The team has represented clients in commercial deals involving, among others, natural gas terminals, airplane hangars, golf courses, restaurant chains, pharmaceutical companies, health and fitness clubs, farms and other diverse uses. The team also provides assistance with due diligence, review of title and survey issues, environmental problems, appraisals, tax ramifications and landlord-tenant matters.

Our attorneys have advised and advocated for our clients in all aspects of real estate matters since the inception of the firm in 1917. DiFrancesco Bateman has been at the forefront of land development throughout the 20th century and will continue to lead our clients in successful real estate ventures in this century.