Closed $59M in lines of credit for regional developer of master planned residential communities.
Representation of private lender in $22.3M in bridge loans secured by state and federal historic tax credit proceeds for projects in Virginia and Mississippi.
Representation of regional developer in acquisition and financing of portfolios of lots and entitled land in distressed subdivisions in Chesterfield County VA, including significant diligence on wetlands violations, road completion and bonding of incomplete subdivision improvements.
Local counsel for international renewable energy firm in acquisition of options for 2,000+ acres of land in Virginia for future solar installations.
Local counsel for national bank on purchase, sale and leasing of its Virginia real estate assets.
Representation of private fund in $1.8M mezz loan and equity investment in 56-acre active adult community in Goochland County VA.
Representation of borrower in refinancing $21M in loans for 3 affordable apartment communities in Henrico County VA at year 15 using VHDA taxable bonds.
Representation of borrower in refinancing of 30-unit elderly housing complex in Crozet VA with $1.797M HUD-insured Sec. 207/223(f) loan.
Representation of nonprofit partner in 54-unit LIHTC project, including negotiation of year 15 purchase option/ROFR and subordinate loan.
Representation of nonprofit in joint venture agreement with for-profit developer for 19-acre planned residential development.
Representation of craft distilleries in over $5M in loans and facility acquisitions.
Representation of national shopping center REIT in eminent domain proceedings affecting entrance signage in Albemarle and Henrico counties.
Representation of national REIT in acquisition of $250M portfolio of light industrial properties in Florida, Georgia, Illinois, Kansas, Missouri, New Jersey, Pennsylvania and Texas, including management of local counsel and coordination of environmental/zoning reviews, tenant estoppels, title work and other consultants.
$19M acquisition of golf courses in Reston and Prince William County VA by joint venture between life insurance company and golf management company, including substantial corporate and real estate due diligence, legal opinions and review/transfer of water rights agreements.
Acquisition and financing of mine in Buckingham County VA, including transfer of state permits and negotiation of agreement with railroad.
Representation of international investor in purchase of 700 acres through The Nature Conservancy’s conservation buyer program.
Restructuring of $34M loan to facilitate a major land donation to the Commonwealth of Virginia, including perfecting an interest in the resulting Land Preservation Tax Credits as security for the note.
Zoning and Land Use
Representation of 3 Virginia municipalities in zoning matters.
Representation of owner of 150+ acres in Fairfax County VA in curing controversial zoning, erosion/sediment control and resource protection area violations and entering into DEQ consent order for stream and wetland impacts.
Negotiating and drafting of proffers for controversial rezoning of 1,194-acre Albemarle County property into a master-planned development of 3,000 residential units and 150,000 sft of commercial space.
State permitting for wastewater treatment plant associated with 238-unit, 600+ acre rural cluster subdivision in Fluvanna County VA.
Representation of national owner of auto dealerships in successful appeal of illegal site plan condition requiring dedication of a public road through client’s property in Tyson’s Corner VA.
Assemblage of parcels and entitlements for 60-acre shopping center development in Louisa County, Virginia, including relocation of family cemetery.
Local counsel for national REIT in land use matters arising from ongoing operations at shopping centers in Albemarle County and the City of Charlottesville, Virginia.
Advice to national wireless facility company on leasing space on land and buildings controlled by owners’ associations in Virginia, Maryland and the District of Columbia.
Vacation of streets and alleys (both public and private) and resolution of related title and survey issues.
Leasing of pad sites for growing quick service restaurant (QSR) concept in new and established shopping centers in western Virginia (tenant side) and closing related TI and equipment loans.
Negotiation of leases and subleases for general office, shopping center, warehouse, industrial, laboratory and health care space in Roanoke, Suffolk, Innsbrook, Charlottesville and Albemarle County VA (landlord and tenant side).
Generation of form residential leases and service agreements consistent with historic and new market tax credit requirements for building in Staunton VA.
Agricultural leases for vineyards, grain fields and cattle farms in Albemarle County VA.
Negotiation of wireless facility leases on behalf of property owners in Albemarle County VA.
Representation of university in joint venture to restructure a troubled master-planned community, including dissolving master association and dedicating its assets to a new association and management of outside litigation counsel.
Creation of master association for conversion of former trailer park into 66-unit, mixed-income, mixed-use development. Project is structured to produce units qualifying for Fannie/Freddie/FHA guaranteed loans and comply with requirements for state-funded downpayment assistance. Development is the first of its kind for the client, a nationally-affiliated low-income housing provider, and work involves ongoing advice to developer and residents.
Creation, expansion, financing and disposition of leasehold medical office condominium project in Suffolk VA, including coordination with master property association, amendments to ground lease and REA and preparation of space leases. Condominium strategy was used to work around subdivision ordinance requirements, and condominium includes both traditional interior units and land units.
Conversion of former woodworking plant to mixed-use condominium including health club, offices, parking deck and residences. Work included advising on extensive environmental diligence, closing the construction, bridge and permanent financing, creating and expanding the condominium, and distributing the units to investors.
Creation or conversion of 850+ residential condominium units in the Charlottesville/Albemarle area from 2005-2010.