Real Estate Transactions
Patel Law Group represents investors, owners, lenders, and developers across the spectrum of real estate acquisition, disposition, capital formation, finance, development, and leasing. Having broad experience in the industry, we advance client interests in real estate projects of all types, including retail, office, hotel, apartment, healthcare, single-family development and industrial properties. Significantly, our market-leading Multifamily and Hospitality Sector Groups integrate firm-wide capabilities to holistically address the specialized transaction, dispute-resolution, restructuring, and regulatory needs of those sectors. By leveraging our broad experience and multidisciplinary expertise – together with our strong relationships across the real estate community in Texas and beyond – we serve as strategic partners for our clients as they navigate every phase in the real estate cycle.
Attorneys
Support Team
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Multifamily Transactions
We provide investors, developers, owners, and managers the comprehensive support they need to create value at every stage in the lifecycle of a multifamily project. Having counseled billions of dollars in multifamily transactions, we provide business-minded transactional expertise in acquisitions and dispositions of multifamily projects of all types, from Class A new construction to Class C investor complexes to detached unit portfolios. With an integrated understanding of the multifamily debt and equity landscape – from CMBS and government-sponsored debt, to tax credits and public incentives, to the range of investment fund structures – we advance clients’ finance and capital-raising objectives in all development/investment phases and for projects across the spectrum of performance. When a multifamily project comes to development, our capabilities in land use and common-interest communities law enable us to effectively structure residential communities and pursue clients’ entitlement, public finance, and regulatory interests before local governments across Texas. Finally, to support the successful management of multifamily projects, we provide a suite of services spanning the range of transactional and litigation needs involved in residential lease and property management.
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Hospitality Transactions
We provide investors, developers, owners, and managers in the hospitality sector with representation across their real estate, franchising, and operational needs. Our decades of experience and deep business knowledge in the hospitality industry enable us to guide clients through acquisitions and dispositions involving virtually every franchisor and project type. We add value to clients’ financing and capital formation efforts by providing expertise across the debt and equity landscape, from mortgage and asset-based lending, to tax credits and public incentives, to the range of partnership and joint venture structures. When a hospitality project comes to development, we provide the land use and construction capabilities necessary to advance new construction, rehabilitation, and conversion projects through the finish line. Finally, across all stages in the hospitality project lifecycle, we provide dependable franchising expertise so our clients can confidently navigate the negotiation of new franchise agreements and the termination of existing ones – as well as everything in between.
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Acquisitions and Dispositions
We guide clients through the entire purchase-and-sale process, from contract negotiation, through due diligence and title investigation, to closing and 1031 exchange.
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Development
We partner with developers to advance residential and commercial projects across the financing, acquisition, land use, construction, leasing, and disposition stages.
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Capital Formation
We help syndicators, deal leads, developers, and other clients raise capital by structuring and organizing investment funds (through PPMs and related documents), companies (including LLCs and series LLCs), joint ventures, TIC agreements, partnerships, and equity sales.
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Finance
We assist owners, developers, and investors in structuring and closing financing arrangements involving mortgage, asset-based, development, and construction lending, CMBS debt, government-sponsored debt, federal tax credits, and state and local incentives. Our services include reviewing loan documents, fulfilling due diligence requirements, drafting opinion letters, and everything in between.
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Leasing
We represent landlords and tenants in negotiations of retail, office, industrial, healthcare and other commercial leases, including ground leases. Additionally, we provide comprehensive lease- and property-management services to landlords, including lease production, dispute mediation, distressed-lease negotiation, and lease enforcement.