We provide knowledgeable, experienced advice and assistance in sophisticated real estate transactions, relentlessly focused on timeliness and client satisfaction.
Our experienced attorneys counsel and advise clients from the outset of potential purchase, sale, financing, construction, and lease transactions. Our representation includes negotiation of loan commitment letters for lender and borrower clients, and letters of intent for purchase, sale or lease of all types of commercial or industrial real property. We prepare documentation and handle closing of construction and mortgage financing, sale and leaseback financing transactions, purchase and sale agreements, leases and subleases of free standing properties for use as private schools, restaurants and other retail and commercial uses, retail space within shopping centers and office space within high rise office buildings.
Mortgage and Construction Financing
For over 50 years, Severson & Werson has effectively represented financial institution clients in construction and mortgage financing for all types of commercial, industrial and mixed use properties. Our lawyers work closely with client loan officers from the outset of potential transactions to ensure the client’s interests are protected throughout the construction period and the life of the mortgage loan.
Purchase and Sale of Commercial and Industrial Property
Our real estate practice attorneys have many years of experience and expertise in representing purchasers and sellers in negotiation and documentation of purchase and sale agreements, and closing of all types of real property purchase transactions, principally commercial and industrial, but also including high value residential, a result of the fact that most California residential purchases and sales are handled with form documentation driven by State law without participation by attorneys. Our attorneys have handled sale of multi-property portfolios, multi-building campus developments, free-standing retail and commercial buildings, manufacturing facilities and cooperative apartments.
Our real estate practice attorneys have many years of experience and expertise in representing landlords and tenants in negotiation and documentation of lease and sublease transactions, including sale and leaseback transactions entered into as an alternative to traditional construction and mortgage financing. Typical transactions include office space, retail and restaurant uses within multi-tenant buildings and shopping centers, industrial warehouses, and private schools.
Title Insurance Coverage
All purchase and sale transactions, and many lease transactions, require analysis of the state of title of the real property which is the subject of the transaction. Our real estate practice attorneys have many years of experience and expertise in evaluating issues arising out of the state of record title revealed by title commitments and preliminary reports issued by title insurance companies in all sorts of real estate transactions. Avoidance of loss of value of the subject real property arising from unresolved encumbrances, easements or claims of interest being a fundamental aspect of our role in the transaction, we provide advice regarding selection of title insurance policies and endorsements needed to eliminate potential loss.