Real Estate - Farrell Fritz

Farrell Fritz is known for facilitating some of the largest and most intricate real estate legal transactions for clients across the northeast. Our commercial real estate attorneys foster smart real estate development, bringing vibrant mixed-use developments, retail, commercial and office, residential, and industrial spaces to evolving communities in the region.

Deeply collaborative and influential in getting deals done, our team is instrumental in empowering clients to develop a dynamic, diverse, and sustainable economic region. There is extensive work that happens on both sides of the table, and understanding what needs to happen to get a deal done is what drives the practice. Our counsel spans virtually all asset classes, providing comprehensive services across several key areas: acquisitions and sales, economic development, leasing, and real estate finance. Our real estate team collaborates closely with our land use and municipal team to assist clients in realizing their vision, even when it diverges from existing regulations.

Acquisitions and Sales

Representing buyers and sellers, landlords and tenants, and brokers and developers, we apply business insights to legal strategies for closing complex real estate transactions. We advise on all real estate issues relating to purchasing and selling properties, land use and zoning, real estate development, construction, and leasing properties.

Economic Development

Representing commercial clients, we achieve their vision for expanding and developing industrial sites while employing economic development incentives. Our in-depth understanding of regional industrial development agencies (IDAs) and the economic benefits programs they offer provides clarity to businesses looking to expand in, or relocate to, New York. Furthermore, we introduce clients to the firm’s knowledgeable zoning and environmental lawyers to proactively take advantage of tax credits while minimizing exposure to potential environmental liability.

Working with developers of multi-family, mixed-use, and senior living facilities, we help clients leverage PILOT (Payments In Lieu Of Taxes) programs to get projects built in an economically viable and efficient way. By completing these developments, we help clients return properties to municipal tax rolls and drive significant economic impact to the region.

Leasing

Representing landlords and tenants, we craft and negotiate leases for independent retail stores, business operators, major institutions, and regional and national businesses and landlords. We execute leases for shopping centers, malls and other store leasing, single-user and multi-tenant offices, industrial, residential, and mixed-use buildings. Our commercial real estate attorneys also coordinate lease review and negotiation for buildings and shopping centers across the New York metropolitan area on behalf of major regional and national retail chain tenants.

Real Estate Finance

Representing buyers and lenders, including banking institutions and non-bank institutional lenders, we handle financial structuring, documenting, and closing for many real estate transactions. Our team handles acquisitions, construction and project financing, industrial and housing development credit enhancements and bond placements, loan syndications and participations, and Section 1031 exchange financing.

We also represent local and national real estate developers, investors, and owners in transactions spanning traditional commercial mortgage loans to cutting-edge and complex debt-equity conversions, including mortgage conduit loans, industrial development bond issuances, construction loans, sale-leasebacks, joint ventures, and other financing arrangements.