June 2019
Tuesday, June 25, 2019 & Wednesday, June 26, 2019
Buying and Selling Commercial Real Estate, Part 1 & Part 2
Topics to be covered:
- Planning the process - letters of intent, negotiations, closing process
- Due diligence depending on the type of deal - title, environmental, finance issues
- Understanding the minefield of seller's reps and warranties
- Buyer and seller's covenants in a volatile market
- Deposits of money
- Issues for income producing properties, multiple family properties, and distressed properties
- Finance issues in operative agreements, including finance contingencies, and working with commercial lenders
- Conditions to closing and reducing the risk of not closing
- Post-closing issues, baskets, escrow and contingencies
- Bankruptcy issues in operative agreements
Faculty: Anthony Licata, Taft Stettinius & Hollister LLP, Chicago, IL, John S. Hollyfield, Norton Rose Fulbright, LLP, Houston, TX, and Richard Goldberg, Ballard Spahr, LLP, Philadelphia, PA