Dec 2016

Local Counsel Work for REITs

Rich has served as local counsel for several REITs in transactions in both New Jersey and Pennsylvania, including the acquisition two commercial condominium units consisting of a 300+ unit luxury apartment building in the Philadelphia suburbs, the acquisition of a large multi-family project in Marlton (Burlington County), New Jersey, the sale of a large multi-family project in Hoboken, and the acquisition of a suburban shopping center in Parsippany. Local counsel services have included review of agreements of sale relating to local laws, review of condominium documents and zoning/land use approvals, giving guidance on transfer tax and other conveyancing issues, review of financing documents, and issuance of opinion letters covering various local law issues.