Ensure that you are creating your development correctly.
Once a developer gains control of a property, whether they are planning to develop or redevelop, there is a period of time in which the developer is obligated to close the deal. The developer will need to determine the need for construction financing and equity-partner investment. This funding is often based on the developer’s ability to come to terms and sign leases with enough credit tenants, assuming that the leases don’t have any issues that could hinder the full development of the project. This white paper reviews seven lease provisions that need to be addressed correctly in order to avoid any issue with closing on the property.
Agenda
Faculty
John R. Pariseault, Esq.
Hinckley, Allen & Snyder LLP
- Partner and chair of the retail group at Hinckley, Allen & Snyder LLP
- Counsels clients in the acquisition, development, sale, leasing and financing of commercial real estate
- Author of several publications related to the area of mixed-use developments
- Member of several professional organizations: American Bar Association; Boston Bar Association; International Council of Shopping Centers; National Next Generation Leadership Board; NAIOP
- J.D. degree, Order of the Coif, magna cum laude; B.A. degree, Phi Beta Kappa, magna cum laude, Brown University
- Can be contacted at [email protected] or 617-378-4186
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