Attorneys

• Represented the developers of a major California hotel in negotiation and documentation of all aspects of site acquisition, acquisition financing, land use permitting, rezoning, citywide referendum to allow demolition and reconstruction of an historic structure, construction and permanent financing ($86,250,000.00), construction contracts, reciprocal easements, post-development hotel management contracts and leasing.

• Represented the holder of a subordinated junior deed of trust ($2,000,000.00) in negotiation and documentation of the acquisition, through non-judicial foreclosure, of a commercial property, with the contemporaneous negotiation and documentation of a sale of the property ($4,000,000.00) with a discounted payoff of the senior financing.

• Represented the developer of a residential subdivision in negotiation and documentation of the acquisition of property from bank/owner by foreclosure ($18,000,000.00) including acquisition and construction financing; processed development through city planning department regarding Planned Unit Development Zoning; processed revised final map to meet Subdivision Map Act requirements; drafted reciprocal easement agreements between thirteen individual parcels and for entry gates to a gated community; negotiated and drafted take out financing, construction contracts and listing agreements; developed standard contract of sale for separate parcels; developed standard escrow instructions and worked with escrow company to handle each escrow closing for thirteen separate parcels.

• Represented seller in the negotiation and drafting of an agreement for purchase and sale of real estate and escrow instructions for sale of industrial property ($4,300,000.00); created reciprocal easements and agreements for roadway ingress and egress, maintenance, repair and parking rights regarding adjacent industrial property retained by seller.

• Represented developer in the acquisition of abandoned former bakery property ($16,000,000.00); processed demolition permits; performed environmental due diligence; and provided counseling regarding conversion of project into a retail project.

• Represented owners of commercial/manufacturing property in the successful opposition to rezoning property for residential purposes, and related sale of property under a City's threat of condemnation to commercial developers; represented same owners in the subsequent acquisition of an office/commercial property as replacement property for an involuntary conversion under Internal Revenue Code Section 1033, including purchase and sale, environmental and economic due diligence and lease review; negotiated and drafted estoppel certificates and related documentation for closing of escrow.

• Represented owners of a twenty-five percent (25%) interest in a $130,000,000 parcel of undeveloped land on the Big Island of Hawaii in a series of simultaneous 1031 tax deferred exchanges of their interest for approximately 15 separate agricultural, commercial and residential properties in California and Nevada. The obligation to acquire the replacement property was secured by a letter of credit issued by a Japanese Bank with a U.S. bank acting as a correspondent bank. Certain of the replacement properties were acquired on a build-to-suit basis.

• Represented a Southern California based shopping center developer in the acquisition, finance, construction and leasing of a retail shopping center. The project involved negotiation and drafting of disposition and development agreements and owner participation agreements with redevelopment agencies. Our representation included negotiation and drafting of construction contracts, construction financing, permanent financing, leases with anchor tenants, creation of standard leases for in-line tenants and related land use permitting and mapping requirements.

• Represented the owner of a 1000 acre plus Southern California real estate development in all facets of project development including infrastructure development, subdivision map approval and lot line adjustment for exchange of property between adjacent owners. Our representation included tax planning for ultimate disposition of the property. The property has an estimated value of $40,000,000.

• Represented a partnership/ground lessee in connection with the sale of their interest to a Mexican super market chain for the development of a Mexican super market. The transaction involved negotiating to terminate the existing sub-tenancies with a large retail anchor tenant, a gas station and other ancillary tenancies. The transaction involved approximately $5,000,000 in consideration.

• Represented developers in all aspects of a comprehensive multi-year development in the area immediately surrounding the Mammoth Lakes Airport, including both infrastructure and development of commercial and private hangars, commercial shopping centers, recreational vehicle condominium projects, and residential and commercial facilities. Organized the entities necessary to implement the developments, advised our clients and prepared documents with respect to both private placement and commercial financing transactions, implementation of development agreements and similar activities. Organized a separate water company and an appropriate utility district in connection with the development.

• Organized a California limited liability company which we then assisted in acquiring title to fee ownership and previously merged ground lease interests in a major condominium development located in Indian Wells, California. Drafted and negotiated the appropriate documentation for the acquisition of fee and master lease interests which resulted in the ownership by our clients, subject to subleases, of over 150 units which are now operated by our client. Our representation included negotiating with numerous lien holders to acquire and/or reduce the amount of the obligations secured by the property.

• Represented owners of large Southern California dairy farming operation in sale of two large parcels (several hundred acres each) of agricultural land to separate buyers for consideration of approximately $25,000,000. Our representation included drafting and negotiating sale contracts, escrow instructions, covenants, conditions, restrictions and easements affecting the two parcels sold and retained property, leases, subleases and seller financing documents.

• Advised client on capital gain and 1031 tax deferred exchange issues with respect to structure of transaction with options and multiple take downs of real property sold to a developer ($85,000,000.00).
• Represented the wholly owned subsidiary of an out-of-state, publicly owned energy company as the purchaser of a 29 acre industrial property including negotiation and documentation of site acquisition; environmental due diligence and permitting; governmental planning and permitting; Air Quality Management District approvals and permits; community action committees to support the project development; post-acquisition negotiation and documentation of architectural and construction contracts; negotiation and documentation of ground lease of adjacent 27 acre parcel with associated due diligence and permitting ($20,000,000.00+).