Real Estate Development & Finance


Few area firms possess an equal depth and breadth of experience when it comes to real estate development. Our real estate team is proud to have played an integral part in many of the region’s largest and highest profile real estate developments. Our work spans numerous industries, including multi-family housing, new and renovated shopping centers, mixed-use development, industrial warehouses, office buildings and manufacturing plants, to name a few.

We represent both buyers and sellers in negotiating and executing purchase and sale agreements. Our firm is fortunate to also have a diverse team of public law and environmental law attorneys, who work in conjunction with our real estate attorneys in addressing various land use and zoning issues and helping to identify potential contamination issues that could preclude a client from operating a business for its intended use. Our tax attorneys provide additional value with an ability to render tax opinions and help to negotiate a wide array of tax credits, as appropriate.

Our attorneys provide counsel during every step of the development process. Prior to construction, we not only prepare all necessary construction agreements, but we can also help clients with financing and negotiating term sheets with the chosen lender. We have the relevant experience to additionally help clients identify and qualify for various government incentives and can negotiate terms with any number of government entities, including port authorities, state and local governments.

As projects near completion, we provide counsel and prepare lease agreements and loan closing documents—everything that is necessary for the project to realize its full potential.


The Development & Finance group’s experience and services include the following:

  • Representation of borrowers in new loan transactions, defeasance, and assignments of loans.
  • Representation of a public non-traded REIT in the redevelopment of a regional mall in Northeast Ohio.
  • Representation of lenders in construction and permanent loan transactions, forbearance agreements, and workouts.
  • Representation of NYSE-listed REIT and privately-held companies in connection with ground-up developments and re-developments of shopping centers in multiple states.
  • Experienced in the representation of owners and developers, corporations, lending institutions, non-profit institutions, and individuals in complex commercial real estate transactions.
  • Drafts and negotiates easement and license agreements, including reciprocal easement agreements, utilities easements, ingress and egress easements, and declarations of easements, restrictions, and conditions.
  • Counsels and assists clients on land assemblage and ground-up developments.
  • Reviews and analyzes surveys, title commitments, and other due diligence materials in several jurisdictions.
  • Counsels clients in purchasing, selling, leasing, financing, and developing real property for retail, industrial, office, and residential use.
  • Negotiates loan documentation for both borrowers and lenders for construction financing, permanent and mimi-perm mortgage based financing, mezzanine financing, and asset-backed financing transactions.
  • Representation of regional manufacturer in refinancing of operating loan facility secured by thirty (30) site real estate portfolio consisting of owned and leased properties located in Tennessee, Kentucky, Indiana and Illinois.
  • Representation of national manufacturer in the sale and simultaneous lease-back of four (4) manufacturing facilities located California, Kansas, Minnesota and Texas and associated financing in connection with the sale-leaseback transaction.
  • Representation of regional shopping center developer in connection with CMBS and Life Insurance Company financing for various portfolio properties, including defeasance of existing mortgage financing.
  • Representation of local real estate investor in connection with various aspects of multi-layer financing for investment in Cleveland area multi-phase mixed-use office, retail, restaurant and residential development, which included bond financing, traditional real estate loans, and private equity investment in the project.
  • Representation of County in connection with the proposed sale of multi-building complex in Cleveland, Ohio through sealed bid process.
  • Representation of manufacturing company in connection with site selection, governmental incentives and permitting s development, property acquisition and bond financing for industrial development in Columbiana County, Ohio.
  • Representation of developers in the acquisition, construction and development of multi-use properties, including ground-up and redevelopment construction.
  • Outside general counsel to leading regional developer, coordinating a broad range of residential and commercial real estate matters from lease disputes and terminations, to eviction, amendment, modification and re-negotiation.
  • Counsels and negotiates out acquisition, construction mini-perm and non-recourse financing transaction, including within tax credit structured transactions.

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