Our Firm has extensive experience with single and multi-family residential and condominium development projects. We have closed several HUD-backed loans for the construction and development of multi-family projects. We have also represented clients in connection with hotel and assisted living projects.
While similar to commercial transactions in many ways, residential developments also introduce different issues that must be successfully addressed. One of the most important legal documents for a single family development is the Declaration of Covenants, Conditions, Easements, and Restrictions. We have drafted many so called “CC&R” documents and are very familiar with the process of setting up not-for-profit property owners’ associations for neighborhood governance purposes. Multi-family projects often involve careful coordination with government officials. At our Firm, we are not daunted by the bureaucratic process. We aggressively pursue the approvals our clients need in order to keep a project on schedule.
Representative Transactions
Counsel to developer for HUD financing in excess of $22,000,000.
Counsel to developer for HUD financing for student housing project in excess of $63,000,000.
Counsel to developer in sale of $21,500,000 apartment project.
Counsel to developer of a hotel development that included the negotiation of significant reciprocal easements.
Represented the developer of a lakefront single family development featuring large lots and large open spaces for recreation.
Counsel to developer of 300+ unit apartment project.
Counsel to the developer of a two phased apartment project consisting of 350 units and targeting University of South Carolina students as its primary residents.
Represented the developer of a multi-family project which involved the negotiation of a development agreement with an adjacent “big box” retailer for access and shared storm water detention.
Counsel to the developer of a Traditional Neighborhood Design (TND) single family project.
Counsel to developer of multiple assisted living facilities in various jurisdictions.
Counsel to a development company in the acquisition and simultaneous partial sale of a residential property originally consisting of 131 acres.