Stein Sperling assists clients with the evaluation and due diligence essential to the successful acquisition and sale of commercial, industrial and residential property. In addition to transaction documents, we negotiate and prepare letters of intent, financial commitment letters, limited liability company and ownership agreements, joint venture and development agreements, as well as other ancillary agreements.
We understand the complexities of real estate transactions and take into account each client’s specific needs and goals. This includes structuring ownership entities and evaluating tax strategies, including tax-deferred 1031 exchanges.
Our attorneys also advise clients through the process of settlement negotiations, dispute resolution and litigation.
Stein Sperling counsels landlords and tenants with regard to their commercial leasing matters, including, but not limited to, structuring and negotiating lease agreements to protect their needs as either Landlord or Tenant. Our commercial leasing clients include local and national retailers, as well as owners and tenants of regional and local shopping centers, warehouses, office buildings and malls.
Our attorneys understand the interests of lenders, landlords and tenants in leasing transactions and use this knowledge to draft and negotiate commercial leases for office, retail and warehouse/industrial space.
Throughout lease negotiations, we help clients meet their immediate needs while understanding and anticipating the day-to-day impact of the negotiated terms. As part of this process, we advise clients on long-term strategies for future expansion or contraction of their businesses.
When the termination of a lease is required, Stein Sperling attorneys confidently represent tenants through negotiations with their landlords, lenders and other interested third parties, whether single-asset or large-portfolio workouts. Our goal is to protect our clients’ interests as we negotiate the termination of lease(s) or devise a workout solution.
Stein Sperling represents buyers, sellers, investors and lessees in their negotiations with financial institutions and lenders. Whether for acquisition funding or refinancing, appropriate financial structures are crucial to the success of real estate transactions and business operations. Therefore, we carefully review financing documents to properly assess risks and to ensure that contract terms are fair and will achieve a client’s short- and long-term goals.
As part of the financing process, we assist clients with loan origination, loan purchase and sale, restructuring and workout as they pertain to each client’s situation and needs. We also work side-by-side with attorneys in our estates and trusts and tax departments to anticipate issues that may arise as part of financing a purchase, sale, or lease agreement.
Dispute Resolution + Litigation
Stein Sperling works with clients to limit their exposure to legal and financial liabilities. When controversies arise, we advise buyers, sellers, borrowers, lenders, developers, landlords and tenants of the best course of resolution. Our team of attorneys includes negotiators, mediators, arbitrators and trial attorneys, all of whom have experience handling commercial and residential real estate contract disputes, commercial landlord-tenant disputes, title and boundary disputes, as well as disputes among property owners. When necessary, we aggressively defend our clients’ interests in federal and state trial courts as well appellate courts.
Our attorneys are also well-versed in construction and lien and payment disputes, having represented general contractors and subcontractors for many years. We handle matters related to construction contracts and contract disputes and collections, ensuring our clients understand their legal rights to collect payments owed to them for labor, equipment or materials. As part of this process, we keep our clients informed of important statutory deadlines affecting their rights to collect payments or assert claims against adverse parties in Maryland, D.C., and Virginia courts. Our experience representing contractors and subcontractors in this arena gives us added insight when representing property owners from the other side of such disputes.