SWB Assists Real Estate Clients in Current Economy

With SWB at their side, firm real estate clients are finding opportunities in this changing economic environment.

SWB Helps Real Estate Clients

SWB attorneys actively represent real estate developers, lenders, investors, and others in all aspects of the acquisition, development, financing, leasing, and disposition of commercial, medical, and multi-family projects. Here are just some of the more recent real estate deals we are working on for our clients:

  • Representing investor in development of $100 million hotel project in Denton, Texas.
  • Representing investor in development of $100 million hotel project in Louisville, Kentucky.
  • Representing developer in sale of $7.0 million in commercial real estate located in Flower Mound, Texas for development of retail property.
  • Representing developer in acquisition of $5.9 million of real estate in Oklahoma City, Oklahoma for development of office building and multi-family projects.
  • Representing developer in acquisition of $5.0 million of real estate in Arlington, Texas for development of national brand hotel.
  • Representing developer in sale of $2.0 million of commercial real estate located in Roanoke, Texas to Texas-based hospital system.
  • Representing investor in the acquisition of brewery in Keller, Texas.

SWB’s Real Estate Practice Group handles a broad spectrum of real estate transactions, from complex commercial real estate developments to luxury residential real estate sales. Now more than ever, our focus on efficiency and cost-effectiveness translates to value maximation for firm clients and provides flexibility on deal structure in this changing economic environment.

Don’t forego deals because of transactional costs, contact us today.


Carlisle A. Braun is a value-added business attorney who regularly serves as outside general counsel for midsize and small businesses, particularly in the real estate, franchising and hospitality industries. Mr. Braun is often the first call when companies encounter business issues with legal implications. Acting as a strategic advisor, Mr. Braun provides timely and on-demand legal counsel in order to execute and implement progressive solutions for his clients’ businesses.

 

SWB Closes Real Estate Deals for Clients

Attorneys at Saunders, Walsh & Beard represent developers, lenders, investors, and others in real estate transactions. 

SWB Closes Real Estate Deals

Here are just some of the more recent real estate deals we’ve closed for our clients

  • Represented developer in $5.5 million acquisition of real estate located in San Antonio, Texas for multifamily high-rise development on the Riverwalk
  • Represented developer in $10 million acquisition of real estate located in Tyler, Texas for development of multifamily project
  • Represented real estate lender in providing more than $4 million in debt refinancing secured by a portfolio of West Texas real estate, machinery, and equipment
  • Represented investor in sale of $8 million in residential real estate located in Southlake, Texas for construction of luxury homes
  • Represented investor in sale of $2.75 million in commercial real estate located in Flower Mound, Texas for development of retail property
  • Represented developer in $4 million acquisition of a construction company in Fort Worth, Texas

SWB’s Real Estate Practice Group handles a broad spectrum of real estate transactions, from complex commercial real estate developments to luxury residential real estate sales. Our approach focuses on efficiency and value maximation for the client, minimizing transactional costs by not overworking or overstaffing the deal.

Contact us today if your real estate deals need lower transactional costs. We welcome the opportunity to discuss how we can maximize your value on the next deal.


Carlisle A. Braun is a value-added business attorney who regularly serves as outside general counsel for midsize and small businesses, particularly in the real estate, franchising and hospitality industries. Mr. Braun is often the first call when companies encounter business issues with legal implications. Acting as a strategic advisor, Mr. Braun provides timely and on-demand legal counsel in order to execute and implement progressive solutions for his clients’ businesses

 

5 Common Commercial Leasing Mistakes to Avoid

What was once a dream has turned into a successful business and now it’s time to expand beyond the current space. Pursue Direct Damages or Consequential Damages with Saunders, Walsh & Beard At Your Side But before you sign a lease on the first space you visit, try to avoid these five common commercial leasing mistakes.

1. Focusing on aesthetics over need.

As an expanding business owner, it is nice to want the premium location with all the bells and whistles, but is it affordable? There is a great risk that comes with business expansion and the last thing you want is to bury the bulk of your expenses into space you don’t need… yet. Find an area that fits your needs within your budget now and look for the luxurious spot after the business has established long-term profitability. There are ways to preserve the right to expand.

2. Agreeing to a long-term lease.

The financial terms usually are better the longer the lease, but so is the risk. What happens if you sign a five-year lease but the business folds within the first three? The business has failed and now you have the burden of paying for an office space you no longer need. The initial investment of a shorter lease is greater, but the flexibility you gain is invaluable.

3. Not considering the Rate of Fluctuation.

As a tenant, you sign the lease with a given set of terms but you may not have noticed the right to reevaluate clause included in the small print. Because of this unaddressed contractual language, the landlord may have the right to raise your rent at any moment for any reason. If there is a sudden financial windfall with other clients and the landlord wants to take advantage of a tenant-wide rent increase, he could. Hiring a real estate attorney will reduce the risk of this happening, but if not, random rent hikes are possible until you renew the lease.

4. Failing to negotiate an opt-out clause.

Things happen in business. There is no greater fear than an obligation to a contract that is no longer beneficial. Whether it’s language that allows for subleasing or determining the payment process in the event of bankruptcy, it is important to be able to opt out of the lease if at all possible. It could result in paying more on the front end but the protection is a must-have.

5. Not hiring a real estate attorney.

Not hiring a real estate lawyer to review the lease may seem cost effective in the beginning. But everything is negotiable and having an expert review the terms of the lease would be beneficial over the term of your lease. Having a long-term relationship with a trusted lawyer is a good business decision.

Even if you were fortunate to avoid these pitfalls, it still is important to have the right law firm representing you. Saunders Walsh & Beard is an experienced firm intended on assisting you and your business in all legal needs. For additional information about commercial real estate or to make arrangements for an initial consultation with one of our top-rated attorneys, call our law office directly at (214) 919-3555.

Commercial Real Estate Purchase Client Success!

Congratulations to Katie Thiele and one of our clients, a large residential management company, for navigating their 3rd and largest (so far), acquisition of a $14,000,000 apartment complex in East Texas. This commercial real estate purchase transaction included it all—securities counsel, a $10,000,000 loan from a difficult lender, last minute extensions, and even a structural fire just prior to closing.

Great job getting it across the finish line, Katie!