Real Estate Law

Meeting Clientsʼ Needs by Handling Transactions with Confidence, Competence and Efficiency

At Peckar & Abramson, our goal is to facilitate the successful completion of transactions, solving problems as they may arise. We offer clients the skill and experience to handle real estate transactions from the routine to the most complex.

Experience

We represent real estate entrepreneurs, private equity funds, as well as others across the real estate industry spectrum, including lenders, owners, developers and tenants in connection with all aspects of their business including:

  • Acquisitions and sales
  • Real estate financing
  • Construction financing
  • Mortgage lending, conventional and unconventional
  • Leasing and subleasing
  • Loan acquisitions
  • Liquidation of non-performing loans
  • Restructuring of assets
  • Development and redevelopment
  • Organizational formations and structure
  • Asset management
  • Risk and business opportunity analysis
  • 1031 Tax-Deferred Exchanges
  • Real estate litigation
  • Property owner/lender disputes

Representing the Investor Community

We have extensive experience representing sponsors of investments in real estate and lenders in connection with mortgage loan financing, including conventional and specialty bridge loan financing. We advise clients in distressed debt acquisitions and workouts.

An Approach and Resources That Benefit Clients and Their Projects

Owners and operators of real estate encounter diverse opportunities, issues and challenges. Peckar & Abramson delivers a full complement of services to meet the needs of our clients.

We understand the challenges faced by the most sophisticated owners, buyers and sellers, particularly in today’s complex financing environment. Our services are marked by zealous representation, personalized service, depth of understanding, attention to detail, forthright communication and value.

Meeting expectations by providing the right advice and services is why our clients return — again and again. Our Real Estate Law Group has extensive experience in transaction involving retail, office, industrial, commercial, mixed-use, warehouse and multifamily residential properties.

Construction Financing: A Unique Ability to Blend Knowledge and Experience

When undertaking development and construction financing matters, our Real Estate Law Group can assemble a team with diverse talents, blending the firm’s expertise in real estate, finance, construction contracts, project management and other disciplines.

The Real Estate Law Group ensures that all aspects of a development project are integrated, so that the project proceeds according to the client’s plans. Our comprehensive services include:

  • Site acquisition agreements
  • Construction financing documentation
  • Architect agreements
  • General contractor agreements
  • Construction manager contracts

These agreements form a complex web of rights and obligations. With the diligent attention of the Peckar & Abramson team, these rights and obligations are woven together to serve the client’s needs.

A History of Success

Peckar & Abramson has serviced clients in connection with major real estate projects and acquisitions across the country. Recent and representative transactions include:

  • Acquisition of $21+ million first mortgage loan secured by eight high credit, triple-net leased retail properties in four states. Negotiation of deed-in-lieu settlement with borrower. Acquisition and financing of properties. Disposition of properties in separate sales.
  • Representation of lender in connection with $15+ million bridge loan financing secured by first mortgage on development site, Middlesex County, New Jersey.
  • Representation of lender in connection with $16+ million bridge loan financing secured by first mortgage on development site, Queens, New York.
  • Representation of lender in connection with $17+ million bridge loan secured by large tract and residence in Suffolk County, New York.
  • Representation of lender in connection with $12 million bridge loan secured by a development site located in Lee County, Florida.
  • Representation of large owner, operator of apartment buildings in New Jersey shore communities in connection with acquisitions, corporate matters and financings.
  • Acquisition of nonperforming $17+ million first mortgage loan secured by a Class A office building in Plainsboro, New Jersey.
  • The $30 million land acquisition and $76+ million construction financing and development of a high-rise condominium tower in midtown Manhattan.
  • The $84+ million construction financing and development of a high-rise condominium tower in midtown Manhattan.
  • Purchase and redevelopment of high profile retail and multiple family mixed-use property in downtown Princeton, New Jersey.
  • Representation of a tenant in the negotiation of a 10 year, 78,000 square-foot office lease in downtown Manhattan.
  • Representation of a tenant in the negotiation of a 10 year, 30,000 square-foot office lease in midtown Manhattan.
  • Representation of a tenant in the negotiation of a 15 year, 35,000 square-foot office lease in the Willis Tower (formerly Sears Tower) in Chicago, Illinois.
  • Representation of tenant in negotiation of a 10 year, 45,000 square-foot office lease in Anaheim, California.
  • The $55+ million purchase of four nursing homes in northern New Jersey, comprising 620 skilled nursing beds and all of the real estate and assets of the seller.
  • Land acquisition, $20+ million construction financing and development of 180-bed skilled nursing facility in South Amboy, New Jersey.
  • Land acquisition, $30+ million construction financing and development of a 200-bed skilled nursing facility in Plainsboro, New Jersey.
  • Refinance transactions for two skilled nursing facilities through the U.S. Housing and Urban Development Lean Program under Section 223(f) of The National Housing Act.

Developers, owners and operators, as well as lenders, investors and private equity funds, come to Peckar & Abramson with full confidence to handle all of their real estate transactions. Our lawyers have facilitated construction financing matters and finalized the purchase and acquisition of major million-dollar real estate properties in major metropolitan cities across the U.S.

CRAIG D. SPECTOR
Partner
River Edge, NJ
View PDF

Related Practice Areas

Insights

  • Peckar & Abramson Welcomes Senior Counsel Michael Schewe

    Peckar & Abramson, P.C. (P&A) is pleased to announce that Michael Schewe has joined the firm’s New Jersey offce as Senior Counsel. Mr. Schewe’s arrival marks the further growth of P&A’s Labor & Employment practice and the firm’s expanding immigration capabilities. Mr. Schewe has significant experience in all aspects of immigration law, as well as […]

  • Jackson Mabry Joins Dallas Office of National Construction Law Firm Peckar & Abramson as an Associate

    Peckar & Abramson, P.C. (P&A) is pleased to announce that Jackson Mabry has joined the firm’s Dallas office as an Associate. Mr. Mabry has broad experience in commercial and civil litigation across the state of Texas. He has represented clients in state and federal courts in all phases of litigation, and is well-respected by clients […]

  • Peckar & Abramson Supports the National Association of Women in Construction (NAWIC) Women in Construction (WIC) Week

    Peckar & Abramson, P.C. (P&A) is pleased to announce its support for the National Association of Women in Construction (NAWIC) and Women in Construction (WIC) Week, taking place March 3-9, 2019. P&A joins NAWIC to highlight the successes, contributions and evolution of women in the construction industry. Throughout WIC Week, the firm will support local […]

  • Michael A. Branca Named a Fellow of the American College of Construction Law

    Peckar & Abramson, P.C. (P&A) is pleased to announce that Michael A.Branca has been named a Fellow of the American College of Construction Lawyers. The College is an invitation-only association of construction law practitioners, professors and judges. Its mission is to improve the practice and understanding of construction law and to promote the positive role […]

  • Adam Handfinger Quoted in the Naples Daily News

    Miami Office Co-Managing Partner, Adam Handfinger, and firm clients John and Luann Turco, were quoted in the Naples Daily News. The February 21, 2019 story covered alleged construction defects in the Turco’s multi-million dollar home in North Naples. Naples Daily News (subscription required)

  • Adam P. Handfinger quoted as a source in Daily Business Review Article

    Adam P. Handfinger, Co-Managing Partner in the firm’s Miami office and Vice Chair of the firm’s marketing committee, discusses effective social media marketing for attorneys and law firms with the Daily Business Review and Law.com. Mr. Handfinger urges attorneys to be consistent, focus on messaging and make a commitment to the process. Daily Business Review

  • Construction Attorney Neal I. Sklar Named As A Director of the Latin Builders Association

    Peckar & Abramson, P.C. (P&A) is pleased to announce that Neal I. Sklar, Partner in the firm’s Miami offce and a Florida Bar Board Certified Construction Law specialist, has been named to the Board of Directors of the Latin Builders Association. Of Cuban descent and bi-lingual in English and Spanish, Mr. Sklar’s practice is focused […]

  • Chairman Steven M. Charney Speaks at CityAge: New York

    Peckar & Abramson, P.C. is pleased to announce that Firm Chairman, Steven M. Charney, spoke at CityAge: New York, where he discussed the development, launch and plans for the Syracuse University Infrastructure Institute. Mr. Charney serves as the Institute’s Founding Advisor, working closely with its Executive Director, Dr. Laura Steinberg. Steven M. Charney is regarded […]

  • BRETT J. MORITZ JOINS Peckar & Abramson’s MIAMI OFFICE

    Peckar & Abramson, P.C. (P&A) is pleased to announce that litigation attorney Brett J. Moritz has joined the firm’s Miami office as an Associate. Mr. Moritz focuses on a variety of litigation issues including construction defect litigation and construction dispute resolution. He was previously an Associate Attorney with a Miami law firm where he specialized […]

  • Peckar & Abramson Announces Promotions to Firm’s Partnership, Senior Counsel and Associate Ranks

    Peckar & Abramson, P.C. (P&A) is pleased to announce that Stefan Chin and Nathan Cohen have been elevated to the firm’s partnership. P&A has also announced the elevation of three attorneys to the position of Senior Counsel: Levi Barrett (New York, NY), Ian Schlanger (River Edge, NJ), and Chris Sweeney (Washington, DC), and the promotion […]

  • Eleventh Circuit Reverses Attorneys’ Fee Award to Performance Bond Sureties in Dispute with Contractor arising from Claim against Subcontractor Performance Bond

    On October 26, 2018, the United States Court of Appeals for the Eleventh Circuit (the “Eleventh Circuit”) issued a decision which reversed an award of prevailing party attorneys’ fees to performance bond sureties in their dispute with a contractor arising from the contractor’s claim against a subcontractor’s performance bond. Had the lower court’s decision been […]

  • AB 3018: Amendments to the Skilled and Trained Workforce Requirements on California Public Projects

    What California Contractors Need To Know About AB 3018 California contractors used to face limited consequences for non-compliance with the state’s skilled and trained workforce requirements on public works projects. A sea-change to the statutory landscape went into effect on January 1, 2019 as a result of Assembly Bill No. 3018 (“AB 3018”).1 The Code […]

  • Stephen H. Reisman and Adam P. Handfinger Co-Author Article on Florida’s State of Repose in the Daily Business Review

    Stephen H. Reisman, Vice Chairman of Peckar & Abramson and Adam P. Handfinger, Co-Managing Partner of the firm’s Miami office, co-authored a bylined article entitled “Decision Further Erodes Florida’s Statute of Repose for Latent Construction Defects” that published in the Daily Business Review on January 9, 2019. Mr. Reisman and Mr. Handfinger described how recent […]

  • Alexandra E. Busch Authors Article in AGC Law in Brief Newsletter

    Alexandra E. Busch, Associate in the firm’s Washington, DC office, authored an article in the November/December 2018 edition of the AGC Law in Brief Newsletter entitled “Contractors Beware: Completing Work Directed Only by a Contracting Officer’s Rep is at Your Own Risk”. The article explains the difference between apparent and actual authority and whether the […]

  • Richard R. Volack was quoted as a source in law360 article

    Richard R. Volack, Partner in the firm’s New York office and Chair of the firm’s Information Technology Committee, was quoted as an expert source in a Law360 story ‘What Construction Attys Must Know On Information Modeling’ which published November 16, 2018. Mr. Volack commented on cybersecurity procedures that general contractors should follow to mitigate risk […]

  • Curtis W. Martin Named 2018 Ride Marshal of the Year for the BP MS 150 Bicycle Ride From Houston to Austin

    Curtis W. Martin, Co-Managing Partner of the firm’s Texas offices, has been named 2018 Ride Marshal of the Year for the annual BP MS 150. The annual 150-mile bicycle ride from Houston to Austin, Texas took place on April 28-29, 2018. The ride has become the largest event of its kind in North America. Teaching, […]

  • Crystal V. Venning Joins Peckar & Abramson’s New York Office

    Peckar & Abramson, P.C. (P&A) is pleased to announce that Commercial and Real Estate Litigation attorney Crystal V. Venning has joined the firm’s New York office as an Associate. Venning’s expertise includes construction litigation in addition to drafting, reviewing and negotiating complex technology business contracts. She was previously Assistant Counsel II for the Office of […]

  • Sadiq Tony Ali Joins Peckar & Abramson’s Houston Office

    Peckar & Abramson, P.C. (P&A) is pleased to announce that Sadiq Tony Ali has joined the firm’s Houston office as an Associate. Mr. Ali focuses his practice on construction litigation. He is knowledgeable regarding real estate development, construction defect litigation and the Texas Construction Trust Fund Act. Admitted in Texas, he was previously an Associate […]

  • Michael S. Zicherman Quoted as Source in Law360 Article

    Michael S. Zicherman, partner in the firm’s New Jersey office, was quoted as a source in Law360’s pre-election story about transportation ballots to watch for in the 2018 mid-term elections. Mr. Zicherman commented on gas tax increases, bond issuances and so-called lockbox measures ensuring that transportation and infrastructure funds be exclusively for their intended purpose. […]

  • The Golden State Commits to Going Green – Why Contractors Will be in High Demand to Build the State’s Infrastructure

    On September 10, 2018 California’s Governor took an ambitious stance on environmental policy and signed Senate Bill 100 (“SB100”). The bill accelerates several Renewables Portfolio Standards (“RPS”) deadlines previously established by former Governor Arnold Schwarzenegger. The bill’s most notable effect—it requires that 100 percent of California’s electricity come from renewable and zero-carbon sources by 2045. […]