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REAL ESTATE TRANSACTIONS

REAL ESTATE CONTRACTS
Our clients have relied on Parlanti & Cooperman LLP to handle all due diligence efforts in the complex process of real estate transactions.

In pursuing and completing a real estate transaction, you simply want to get what you pay for. Our lawyers can facilitate the entire process, from preparing and reviewing all contracts and coordinating financing with the bank, to performing title reviews and attending the closing on your behalf. The property you are purchasing, whether it is a house or an apartment building, will require the utmost attention from our staff, regardless of the size of the deal.

We also help our clients secure the real estate financing they need to purchase their home, building, or investment property. We provide ourselves on taking the time to do things right for our clients. In real estate transactions, that approach is especially important due to the complications and expense involved in real estate litigation.

REFINANCINGS
Mortgages on commercial property are often a major — sometimes even the largest — component of a growing or established business’s expenses.

Especially in a real estate market where volatility has been intense and sustained, an expense audit or business review may lead to important questions about refinancing options to free up capital.

In addition to handling a wide range of commercial real estate transactions involving the acquisition and disposition of property, we are adept at:

  • Building the best possible business case for refinancing to present to an institutional or private lender
  • Approaching all financing and refinancing cases with insight based on decades of experience counseling commercial lenders as well as business property owners — along with current, in-depth knowledge of real estate values and market conditions throughout our service areas in New York and New Jersey
  • Assessing business sustainability, tax consequences and other key factors to be considered in any bid for commercial property refinancing, in order to propose a refinancing arrangement that presents a genuine opportunity for success through a change in payment terms, reduction in interest or principal, or other negotiated compromises.
REAL ESTATE CLOSINGS
Our firm is a proven resource prepared to evaluate any purchase or sale and manage all aspects of the closing with your financial interests always in view.

Your specific situation may call for adept contract review and negotiation, assessment of lien and title issues, and insight into the impact of a residential real estate transaction on your estate planning needs.

  • Any purchase or sale of a house, condominium, apartment or piece of commercial real estate
  • Evaluation of financing terms and options for residential transactions
  • Consideration of a property sale in light of how you will be taxed on the capital gain
  • Foreclosure defense action or pursuit of a mortgage modification to save your home
  • Negotiations and execution of a short sale (or purchase of a property through a short sale) when a homeowner determines this is the best option under adverse circumstances
COMMERCIAL REAL ESTATE
Short Sales to multi-million dollar apartment buildings, Parlanti & Cooperman LLP handles it all.
  • Commercial purchases, sales, and refinances
  • Title services, title examinations and opinions
  • Commercial lease negotiations
  • Review of land use and zoning regulations
  • Variances and rezoning
  • Easements
  • Commercial Closings
  • Representation of buyers, sellers and lenders in commercial real estate transactions.
  • Administrative and tax assessment review proceedings.
  • Advice concerning landlord-tenant matters.
  • Creditors’ remedies against real estate.
  • Formation and preparation of offering plans and no-action letters for condominium and owners’ associations.
  • Mortgage, lease and syndication financing for real estate purchase and improvement.
  • Zoning, subdivision and other land use matters.
REAL ESTATE FINANCING
We structure transactions for both lenders and borrowers that develop and support real estate projects of all sizes, throughout the City and Long Island.

Parlanti & Cooperman LLP has one of the most respected commercial real estate finance practices in Brooklyn, NY. Our Commercial Real Estate Finance group draws seasoned professionals who bring their extensive experience – spanning hundreds of commercial and residential mortgages with loan sizes ranging from $100,000 to in excess of $14 million and secured by all property types – to bear on every transaction.

As a firm, we also have one of the most successful practices focusing on restructuring and workout of troubled commercial real estate loans and enforcement of lender rights in delinquent loans. Our extensive experience in debtor-creditor rights, bankruptcy, corporate and tax practice enables creative solutions for distressed real estate projects on behalf of both lenders and borrowers.

SERVICES FOR LANDLORDS
Regardless of the size of your case, we have in-depth knowledge and will protect your rights regarding landlord-tenant issues.

Our clients range from individuals and businesses seeking to resolve disputes with their landlords to representing co-op and condo boards, building owners and large real estate companies in their non-payment proceedings and legal matters. We offer all of our clients quality representation and efficient, cost-effective service while protecting their best interests with honor and integrity.

  • Issues of nonpayment and holdover
  • Illegal sublet
  • Failure to comply with lease agreements
  • Lease disputes
  • Building violations
  • Undesirable or prohibited tenant behavior
  • Evictions
  • Yellowstone injunctions