Real Estate Development
Federman Steifman LLP has represented clients in all types of commercial, retail and residential development projects, including major office buildings, shopping centers and “big box” retail facilities and large-scale apartment buildings. Federman Steifman LLP advises clients in all aspects of the development process, including site assemblage, acquisition, preparation of RFPs and selection of construction team, construction and permanent financing, loan compliance and preparation of draw requests, negotiation of equity arrangements, leases, reciprocal easement and development agreements, project management arrangements, development agreements and construction and design contracts.
The firm’s practice also includes advising not-for-profit organizations, including museums, schools, synagogues and churches, providing counsel with respect to the redevelopment of its property through joint ventures with developers and obtaining attorney general and state court approvals, where required.
Federman Steifman LLP’s clients rely upon the firm as a core and active member of the client’s development team, which allows our lawyers to monitor all the moving pieces and interwoven facets of complex development projects and maintain a critical path schedule. While documentation that clearly outlines the roles of various project participants is a necessity in every development project, our lawyers help facilitate the relationships between the architect, contractor, construction lender, investment partner, and sales or leasing agent from inception through completion.
In many instances, Federman Steifman LLP has counseled clients through the entire investment cycle over a period of decades where our lawyers assisted clients in the assemblage of parcels, entitlements, selection of development team, construction financing, development, permanent financing, managing and operating to stabilization and, ultimately, disposition.