Real Estate: Multifamily and Student Housing
Duane Morris attorneys have extensive experience representing developers, owners, operators, universities, municipalities and lenders in connection with multifamily, student, military and mixed-use housing projects in multiple jurisdictions. Leveraging the firm’s expansive geographic reach, Duane Morris attorneys in offices throughout the United States provide multidisciplinary legal counsel to address the specific challenges in this evolving real estate market.
The firm’s attorneys work with clients in connection with the financing, acquisition, development and construction of multifamily condominiums, apartment buildings, townhomes, planned communities and housing projects. We assist clients in every aspect of complex multifamily real estate projects, including site assemblage and acquisition, planning board and zoning board approvals, environmental and regulatory compliance and construction contracts. Our multidisciplinary team addresses the wide range of issues that often arise in multifamily projects involving affordable housing regulations, the Fair Housing Act, property management, employment law, tax and litigation.
Additionally, Duane Morris has specific experience in the student housing sector. Our Real Estate and Education attorneys understand the needs and goals of owners and managers of student housing. We have extensive experience in helping clients finance, acquire and develop student housing projects throughout the country. Our services include drafting and negotiating purchase and sale documents, joint venture agreements with institutional partners, co-invest documents and revolving lines of credit; obtaining new debt or assuming existing loans on all projects; ongoing legal issues in the ownership and management of the housing assets; and drafting all commercial leases for projects that contain a retail component. We have also assisted clients in structuring public-private partnerships for the project financing of long-term design, build and operate arrangements for student housing complexes.
Range of Services
- Site Assemblage
- Development, Entitlements and Incentives
- Zoning, Subdivision and Land Use
- Acquisition and Disposition
- Financing (including EB-5 Financing)
- Joint Venture Formation (including FIRPTA Implications)
- Affordable Housing
- Public-Private Partnerships
- Property Management
- Military Housing
- Regulatory Compliance
- Fair Housing