Real Estate

James, McElroy & Diehl has a broad-based real estate practice representing purchasers, sellers, lenders, investors, developers and contractors. We represent these clients in all aspects of real estate acquisitions and dispositions, and the ownership, development, financing, leasing and operation of real property.

We recognize that effective representation in real estate matters requires an understanding of finance, tax issues and customary deal terms. We move easily between relatively simple property acquisitions or sales to complex commercial real estate transactions involving multiple parties and multi-tiered financing.

Our Real Estate practice includes:

  • Drafting and negotiating purchase contracts, construction agreements and commercial leases
  • Representation of borrowers and lenders in real property financing
  • Commercial and residential land development, including subdivision approval and restrictive covenants
  • Formation and documentation of real estate joint ventures and limited liability companies
  • Preparation of co-tenancy agreements
  • Tax credit and incentive-based financing of development or construction
  • Representation of home builders in all aspects of business
  • Condominium development and management
  • Homeowner association creation and representation
  • Zoning and land use planning and representation
  • Condemnation disputes
  • Planning and implementation of like kind exchanges under Section 1031
  • Closing purchase and refinance transactions
  • Representation in real estate and construction-related litigation