Real Estate

In the sage words of Franklin D. Roosevelt, ‘Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid in full, and managed with reasonable care, it is about the safest investment in the world.” Throughout history, real estate—whether residential or commercial—has been among the smartest of investments, and remains so today. For such an important investment, it is equally important to have knowledgeable counsel to manage the legal and transaction considerations involved.

At MacElree Harvey, our attorneys have significant experience in anticipating and skillfully addressing development, financing, tax, environmental, title, deed and related issues which commonly arise in real estate transactions. Real-world experience in our real estate division includes a partner who worked for the Office of Chief Counsel at the IRS, and another who’s served as a lecturer and panelist at Widener University School of Law and the Polley Associates Real Estate School; members of the team have worked with clients (including nonprofit organizations and various religious congregations). This diversity in experience is vital: real estate matters developing often go hand in hand with a variety of other issues, ranging from business to estate our team of attorneys is well versed in other practice areas, including estate transactions, business succession planning, land use and agriculture.

Finance and Workouts

We offer comprehensive legal services in all areas of structuring, negotiating, and documenting real estate finance transactions. We routinely advise clients on the proper financing structure of development projects, represent lenders and borrowers in loan originations and workouts, and represent purchasers and sellers in loan purchases and sales. In particular, our team has specific, industry-leading experience in student housing financing transactions, including the development and financing of single or multi-phased dormitory or other student housing facilities. Our clients value our advice and guidance in resolving simple and complex loan issues and problems, including defaults, workouts, repossession, foreclosure and receivership.

Developments

We assist and represent owners, developers and contractors in connection with the acquisition, development, financing and management of retail, industrial, office building, single-family, condominium, apartment, mixed-use and multi-family developments. Our real estate attorneys also work in concert with our land use attorneys to address the myriad land use and development issues that are crucial to the success of any development project. Our experience involves drafting complex easements, restriction and operating documentation for residential and commercial developments. In addition to these primary development documents, we also have great experience in drafting supporting documentation for residential planned developments and condominium projects, including condominium or common interest association documents and covenant, condition and restrictions documents.

MacElree Harvey continues to represent public and non-public companies as well as entrepreneurial and institutional clients. Our experience includes properties such as shopping centers, office buildings, apartment buildings, industrial warehouses and facilities, hotels, home residential developments, condominium developments and conversions, apartments and mixed use developments.

Leasing

We represent landlords and tenants in commercial, retail, shopping center, office, warehouse, industrial and ground leasing transactions of all sizes and depth. Our experienced attorneys regularly handle matters ranging from straightforward leases to sophisticated leasing transactions involving build-to-suit, sale-leaseback, tax-sensitive, and restructuring matters requiring the renegotiation and termination of existing leases. In particular, we have significant experience in shopping center leasing, representing both tenants and landlords, and representing landlords and tenants in reevaluating and restructuring their real estate leasing needs.

Whether buyer, seller, investor, strategic partner or financial advisor, our real estate attorneys diligently represent clients in all stages of a real estate transaction from negotiation, formation and structuring real estate ventures and transactions, to preparing letters of intent, performing due diligence, and closing all manner of commercial real estate purchase and sale transactions.

If you would like to schedule a consultation, please call the firm at 610.436.0100 or submit the contact request form.