Acquisitions and Dispositions
Acquisitions and Dispositions
Leveraging deep insights and a multidisciplinary approach, Taft’s real estate attorneys provide comprehensive legal services involving the acquisition and disposition of real property across the country.
Whether efficiently facilitating a single-asset transaction or skillfully managing complex deals that impact a diverse portfolio of properties, our attorneys have the knowledge and vision to represent individual and institutional buyers, sellers, investors, and other constituencies at every stage in a transaction’s lifecycle.
Our attorneys take pride in the strong bonds we develop with our real estate clients, as well as the collaborative relationships we establish with other parties that contribute to a successful transaction, including lenders, brokers, appraisers, title insurers, and consultants. Our clients include national and regional developers, owners, corporations, financial institutions, and REITs, each of which relies on Taft to efficiently complete their transactions in line with their strategic goals and objectives.
Complex acquisitions and dispositions involve multiple legal disciplines, from tax to land use to environmental law. We draw upon our attorneys extensive experience across practices to provide comprehensive representation for all types of real property transactions, combining insights with our nationwide resources and reach.
Taft attorneys have counseled clients and provided representation in structuring deals, conducting due diligence, negotiating and documenting agreements, and managing transactions from start to finish. We apply our legal knowledge and understanding of the real estate market to conduct thorough reviews of title, land use, and zoning issues, careful analysis of leasing and other contractual obligations, and comprehensive investigations into environmental concerns.
Related Practices
Notable Matters
- Represented Virginia Tech Foundation and Virginia Polytechnic Institute and State University in connection with the acquisition of land for the development of a new campus in Alexandria, Virginia, which will include over 1 million square feet of space, representing an investment of over $1 billion.
- Taft represented a multi-national restaurant company in the acquisition, leasing, disposition, and development of 70+ restaurant properties located in 7 states as part of the brands’ new store development, refranchising programs, and company’s broader financial objectives. We guided the deal structures, the negotiation of purchase and sale agreements, leases, and the legal due diligence for the foregoing transactions.
- Taft represented the sponsor of a real estate investment fund in the acquisition and acquisition financing of 10 retail shopping centers located in 6 states. We guided the deal structures, the negotiation of purchase agreements and loan documentation, and the legal due diligence for the foregoing acquisitions and financings.
- Represented a multifamily developer in its acquisition of an 11-building, 396-unit multifamily apartment development in North Carolina, in a 3,000-acre master-planned community.
- Represented an institutional advisor in the disposition of a hotel. The team advised on the purchase agreements, coordinated with the title company, negotiated new third-party management agreements, terminated the current management agreements, and drafted a new franchise agreement with the hotel.
- Represented a global asset manager in the acquisition and disposition of an 807-acre luxury golf resort in Florida.
- Represented a real estate investment firm in its disposition of the 125,500-square-foot shopping center in Texas.
- Represented a university client in the acquisition of a large mixed-use development, featuring 303 multifamily units in downtown Washington, DC.
- Represented a multifamily developer in its acquisition and related financing of a luxury mixed-use multifamily development in Florida.
