This is the first video in a five-part series walking you through the process of purchasing commercial property for development and how our full-service real estate firm can assist you every step of the way from financing the project, ownership structure in light of estate planning, due diligence phase, land use approvals and entitlements for the development and finally, how to successfully overcome a challenge to the development if litigation becomes inevitable.
In this video, Amy Natsoulis, Partner in the Firm’s Transactional group walks us through two typical means of financing for your development project which are debt in the form of a construction loan and private equity. Amy discusses how to navigate the complexities of closing on a construction loan, as well as the possible issues that could arise with private equity financing.
Stay tuned for part two of this series where you will hear from Amanda Fenelon, Associate in Cuddy & Feder’s Trusts, Estates & Elder Law group who will discuss other points related to the ownership of the project with a focus on estate planning for business owners.
