Find Lawyers in Southfield, Michigan for Real Estate Law
Mark R. Hauser has over 47 years of experience handling commercial real estate transactions of all sizes for local and nationally based real estate developers and investors. He has also been instrumental in forming numerous investment vehicles involving real property, with an emphasis on manufactured home communities. Mark has represented borrowers in CMBS loans since the beginning of that credit facility and has closed loans totaling in the billions of dollars. He also has acted as advisor t...
Michael W. Maddin is President Emeritus, a shareholder and a founder of Maddin, Hauser, Roth & Heller, P.C., and remains a member of its Executive Committee. Mr. Maddin has been practicing law for almost 50 years, primarily in the areas of real estate, corporate and business law, estate planning and probate. Mr. Maddin's accomplishments for clients cover every range of his practice for local and national matters, and many unique transactions deemed not possible or too difficult to handle....
Steven D. Sallen began his career at Maddin, Hauser, Roth & Heller, P.C. in 1983, as a law clerk. Today, he is the President and Chief Executive Officer of the firm. Mr. Sallen received his undergraduate degree from the University of Michigan, and his law degree, cum laude , from the University of Detroit School of Law, where he served as Case and Comment Editor of the University of Detroit Law Review. Mr. Sallen concentrates his practice in the areas of real estate law, environmental law...
Real Estate Law Definition
- Sales and Acquisitions. The representation of buyers and sellers in the acquisition and disposition of the various kinds of real estate including office buildings, retail centers, hotels, industrial properties, residential properties, and manufactured housing communities.
- Title. The examination of title to real estate, evaluation of title exceptions, and negotiation of title insurance policies.
- Land Use and Environmental. Land use entitlements, due diligence investigations, Brownfield developments, and compliance with Environmental Laws and federal and state Endangered Species Acts.
- Development. The negotiation and preparation of development and construction agreements and the other documents required to develop and construct office buildings, shopping centers, mixed-use projects, free-standing units, and industrial sites.
- Leasing. The negotiation and preparation of office, retail, and industrial leases and long-term ground leases.
- Finance. The representation of lenders and borrowers in real estate secured loan originations, loan sales, and purchases and other debt arrangements, including permanent financings, construction loans, bridge loans, conduit loans, mezzanine loans, shared appreciation loans, and portfolios of non-performing loans.
- Joint Ventures. A very large proportion of real estate transactions involve joint ventures between capital sources and developers. Therefore, a real estate firm must be in position to structure and negotiate partnership agreements, limited liability company operating agreements, shareholder agreements, and other forms of joint venture arrangements and advise on the tax aspects of the transactions.
- Restructuring and Workouts. Not all real estate transactions are successful. Real estate lawyers therefore, must be in position to advise lenders, borrowers, partners, landlords, tenants, and developers when a transaction goes bad. This will involve transactional, bankruptcy, tax, and litigation work. It will include loan modifications, foreclosures, deeds in lieu of foreclosure, discounted loan payoffs, loan forbearances, REO sales, joint venture modifications, buy/sells, forced sales, lease and development modifications, bankruptcies, receivership actions, and guarantee actions.
- Litigation. Litigation in the real estate area involves the representations of real estate owners, buyers, sellers, lessors, brokers, lenders, and developers in, among other things, contract disputes, mechanics lien and construction disputes, eminent domain proceedings, title disputes, loan service and foreclosure issues, and bankruptcy.
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