McCormick Law Group, LLC Real Estate Representation

Myth: A real estate closing just requires a basic real estate closing attorney, right? WRONG!! Real estate transactions encompass many different areas of legal expertise, including business formation, contract law, tax law, estate and asset protection planning, land use and, often, litigation. When you are entering into what may be the most significant transaction of your life, you NEED a law firm (not just an attorney) that is knowledgeable and experienced in all of these facets of law. McCormick Law Group, LLC has that expertise!

Even the most basic real estate transaction requires an attorney to question such issues as whether you have reached your lifetime gain exemption for a sale in a residential deal, whether you are looking to defer capital gains through a Section 1031 or Deferred Exchange, whether you, your spouse or partner in the deal has any specific asset protection concerns that would require a trust or other protective entity to hold title or whether the property you are purchasing has any zoning or building code violations, for example. Given the extraordinary breadth of knowledge that it takes for a seasoned real estate attorney to even consider asking these and other questions, it is imperative that you choose the right real estate attorney. At McCormick Law Group, LLC, our sophisticated team of commercial and residential real estate attorneys has the necessary experience in all of these complex matters. McCormick Law Group, LLC will ask these critical questions and more, will be available for your calls and concerns and will react quickly to the myriad issues that always come up on even the apparently “cookie cutter” deals.

The following are just some of the areas in which we can add value to your real estate transactions and ensure that you have the best representation possible:

• Development of acquisition strategies and negotiation of business deal points, including brokerage and marketing agreements.
• Selection and formation of ownership entities to achieve beneficial tax and asset protection objectives
• Acquisition or sale of improved and unimproved land, buildings, portfolio and distressed properties, including office, retail, industrial, medical, hotel and residential projects
• Structure and negotiation of agreements for complex mixed-use property development
• Counseling with respect to construction law, including general and sub-contracts, architecture, licensing, permitting, and building code and zoning compliance
• Structure of 1031 tax deferred exchanges, including reverse and build-to-suit exchanges
• Structure and negotiation of owner/developer agreements and land use planning, including zoning changes and building code compliance
• Resolution of complex title problems and litigation matters
• Drafting and negotiation of condominium declarations, restrictive covenants and reciprocal easement agreements
• Preparation of Federal Interstate Land Sales Act materials and local governmental compliance and documentation
• Representation of homeowners in residential purchases and sales

• Drafting and negotiation of complex office, medical, retail and industrial leases for tenants and landlords
• Construction of tenant improvements
• Counseling regarding Stark Law compliance for medical providers
• Lease counseling and property management advice, including review and negotiation of listing agreements
• Dispute resolution, lease enforcement and judicial remedies, including eviction

Project Finance
• Analysis of financing alternatives
• Structure and negotiation of private equity for real estate ventures
• Structure and negotiation of loan work-outs in lieu of foreclosure
• Negotiation of terms and conditions of construction, mezzanine and permanent financing
• Structure of conventional and creative financing mechanisms
• Counseling lenders with respect to loan documentation and enforcement
• Tax Increment Financing (TIF) and Municipal Bond deals

For more information on how McCormick Law Group, LLC can handle any of your real estate needs, please contact Michael McCormick at 312-327-3400 or