Distressed real estate projects present their own unique set of challenges. Seter, Vander Wall & Mielke P.C. assists real estate developers, banks, and special districts with the issues and challenges affecting distressed real estate projects, including:
- Due diligence related to the acquisition of distressed real estate projects
- Analysis of special district formation, governance and purpose
- Review of financing structures and potential liabilities
- Negotiation with former property owners and real estate developers
- Short and long term financing solutions and reimbursements
- Coordination with accountants, investment bankers and bond attorneys
- Land use (licenses, permits, rezoning, variances)
- Coordination with local and state government (regulation compliance, hearings, ordinance creation and review)
- Preparation of the project for sale