Explore Our Capabilities

Real Estate & Commercial Development

Overview

Parker Poe's Real Estate & Commercial Development practice group is well-known across the Carolinas and the Southeast for its work in helping clients structure, negotiate and close commercial real estate transactions. We represent developers, owners, buyers, sellers, landlords and tenants in a variety of real estate matters.

Experience Highlights

  • Acquisition, Development, Exchange and Sale – Assist clients with investment and development projects. Structure transactions involving recreational and resort properties, commercial and residential condominiums, office buildings and manufacturing facilities.
  • Commercial Leasing – Negotiate leases for retail, office and industrial projects, including big-box power centers, neighborhood shopping centers, office towers and business parks.
  • Multifamily and Seniors Housing – Represent developers, buyers and sellers of multifamily projects, nursing homes, assisted living facilities and skilled nursing centers. Negotiate and close financings insured under various HUD/FHA housing programs, including 202, 207, 221, 223 and 232.
  • Affordable Housing/Tax Credits – Represent developers and owners of affordable housing projects qualifying for low-income housing tax credits, financed with conventional loans and bond financing.
  • Title Services – Provide a full range of title services including examinations and certifications and title insurance claims.
  • Financing – Negotiate and close construction and permanent financings, refinancings, mezzanine and joint venture structures, securitized loans and synthetic and leveraged leases.
  • Real Property Disputes - Advise clients in a wide range of real property-related disputes, including professional negligence lawsuits and disputes involving real property rights and damages, and administrative proceedings. 

Featured Experience

Acquisitions (Buyer's Counsel)

  • Acquisition of regional malls, specialty retail centers and franchised restaurants
  • Multiple tract assembly for center city entertainment district and office tower
  • Purchase of limited service franchised hotels
  • Land assemblages for homebuilders
  • Site acquisitions for industrial and manufacturing facilities
  • Purchase of golf course assets
  • Acquisition of cellular tower sites and facilities

Sales (Seller's Counsel)

  • Sale of multiple apartment projects across the United States to real estate investment trusts (REITs) and private investors
  • Sale of uptown outparcel for development of extended stay hotel with parking arrangements in adjacent deck
  • Multiple sales of shopping centers in the Carolinas and Virginia
  • Sale of multiple industrial facilities along East Coast

Financings (Borrower's Counsel)

  • Securitized financing for hotels
  • Financings for shopping centers
  • Financings and refinancings for multifamily housing developers and owners
  • Lines of credit for land development and home building operations
  • Syndication of equity interests for limited service hotels

Development (Developer's Counsel)

  • Land acquisition, construction financing and take-out joint ventures for apartment projects in the Carolinas, Virginia and Tennessee
  • Equity membership golf and marina communities
  • Industrial/warehouse facilities using tax incentive structures
  • Development of multiple condominium projects
  • Multiple conversions of apartment projects into condominiums

Exchanges (Taxpayer's Counsel)

  • Tax-deferred exchanges and acquisitions for institutional land owners
  • Deferred tri-party exchanges for industrial parks and build-to-suit buildings

Leases

  • 650,000-sq.-ft. lease for bank headquarters office tower (Tenant's Counsel)
  • Multiphase ground leases for residential condominiums, office buildings and high-tech research facilities (Landlord's Counsel)
  • Supermarket leases, including 50,000+ sq.-ft. leases and built-to-suit and retrofit-to-suit leases (Tenant's Counsel)
  • Leases for 500,000+ sq.-ft. of industrial warehouse space (Landlord's Counsel)
  • Leases for new stadium-seating theaters throughout the Southeast (Tenant's Counsel)

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Professionals

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