Robinson+Cole's real estate practice encompasses a spectrum of real estate transactional and related matters. We represent a range of clients, including multinational corporations; institutional, public, and private lenders; retailers; state agencies; bonding authorities; schools; commercial and multifamily developers; health care institutions; hotel chains; and manufacturers.
We have a robust general real estate practice that includes these areas:
Our Real Estate + Development Group lawyers have a keen understanding of complex transactions, ventures, and matters that include the following:
Nationally, our team of real estate lawyers commonly handles the following types of transactions and matters:
Acquisition and Sales on Behalf of Purchasers and Sellers of All Asset Classes
Leasing and Subleasing on Behalf of Landlords and Tenants of All Asset Classes
Development of Commercial and Industrial Properties and Multifamily Housing Complexes
Real Estate Finance on Behalf of Lenders and Borrowers
Robinson+Cole's real estate lawyers are active participants in national and local legal associations and real estate trade groups. We also regularly speak and write on real estate topics. In addition, we have assumed leadership roles in these organizations:
Represented developer in the assemblage and development of Adriaen's Landing in Hartford, Connecticut, and in closing the financings of multiple phases. The parcel of land used for the Adriaen's Landing redevelopment is under state jurisdiction and required the collaboration of multiple state agencies and multiple ground leases.
Represented a private financial/holdings company in connection with the disposition or redevelopment of property located in Norwalk, Connecticut. This representation included advice on local regulatory matters and a review of the permitting necessary for redevelopment.
Represented United Technologies Corporation subsidiaries for acquisitions and dispositions on a national basis, including the purchase of a manufacturing and distribution facility in South Carolina; the sale of a manufacturing plant in Connecticut; the disposition and acquisition of commercial real estate located in California, Kansas, Michigan, Pennsylvania and Virginia; and assistance in complying with applicable Connecticut Transfer Act obligations in connection with a sale.
Represented Rhode Island fire district in dispute with abutting property owner over access and development issues along dune. Successfully argued that abutting owner did not have rights across client's property.
Represented Fannie Mae and Freddie Mac lenders in originating in excess of $1 billion of Fannie Mae MBS Loans and Freddie Mac CME loans on a national basis.
Represented national bank in originating in excess of $1 billion annually of construction and rehabilitation loans for multifamily and mixed-use properties on a national basis.
Represented national bank in connection with a $71 million construction loan to finance the conversion of nationally landmarked office building in Newark, New Jersey into a mixed used property with market rate and affordable rental housing, commercial and retail components. The financing structure included conventional bank debt, tax exempt financing provided by the New Jersey Housing and Mortgage Finance Agency, Freddie Mac permanent financing and various tax credit and tax incentive programs.
Represented the Connecticut Capital Region Development Authority (CRDA) in providing low-interest loans and equity investments for two downtown apartment developments in Hartford, Connecticut.
Represented national lender providing a $31 million construction loan to finance the acquisition and rehabilitation of 190 units of multifamily low-income housing in a suburb of Boston, Massachusetts. The loan structure involved a tax-exempt bond financing as well as multiple sources of subordinate financing from the state and local government. Additionally, the project involved negotiating complex zoning and permitting issues related to the property's preexisting nonconforming zoning status.
Represented a national bank providing a $17 million construction loan to a national developer of affordable housing for the rehabilitation of a two-building rental project containing 118 units in Lowell, Massachusetts. The project development financing included federal low-income tax credits through the construction lender's equity division, and the Massachusetts Housing Finance Agency provided the permanent bond financing.
Represented one of Connecticut's prominent trusts whose focus is to end homelessness both in Connecticut and nationally in a joint venture with a national developer to rehabilitate the trust's two buildings in Hartford, which contain 115 affordable housing units leased to formerly homeless residents.
Represented a regional affordable housing developer in connection with the rehabilitation of a former historic office building in Hartford, Connecticut, into a two-unit condominium, one of which will be the retail condominium and the other to be a condominium containing 63 units of rental affordable housing financed by a national lender with federal low-income tax credit equity, historic tax credits, and funds from the Connecticut Capital Regional Development.
Represented a regional affordable housing developer in connection with the construction of 72 units of senior housing in three buildings in Brookfield, Connecticut, financed by a bank debt, federal low-income tax credits and subsidy from the Connecticut Competitive Housing Association for Multifamily Properties.
Represented a regional affordable housing developer in connection with the rehabilitation of a former mill in East Hampton, Massachusetts, to be financed by a regional lender together with federal, state, and historic tax credits and subsidy funds from the City of East Hampton CPA Grant, the Massachusetts Housing Partnership, and the Affordable Housing Trust Fund. The building will contain 50 units of affordable housing.
Represented national retailer in support of development of new retail store as part of a master planned development with multiple landowners. Drafted and negotiated a complex reciprocal easement agreement for access, drainage, and utilities in connection with an internal drive that crosses multiple properties with multiple owners. Drafted and negotiated construction agreement and related temporary easements and development restrictions in connection with internal driveway and separate commercial developments within the master plan area.