RSB-Law

Real Estate and Land Use

With a broad background in all areas of real estate practice, the real estate attorneys at RSB-Law give our domestic and foreign clients the necessary edge to succeed in this industry. Our team keeps abreast of both market conditions and the complex and constantly changing laws and regulations governing U.S. real estate.

Our clients include domestic and foreign lenders, investors, developers, landlords and tenants, contractors, title companies and other parties involved in the acquisition, planning, financing, development, leasing, lease auditing, syndication and disposition of real property. Their projects range from single-family residential tracts to apartment buildings, shopping centers and malls, office buildings, industrial parks and mixed-use projects. Our practice includes active involvement in structuring, negotiating and documenting and, when necessary, restructuring the full range of real estate transactions. We also offer an efficient, economic, and thorough due diligence review of important aspects of all real estate transactions, such as title, leases, entitlements, environmental and other contractual and legal obligations which will affect cash flow and valuation.

We also draw upon our experience in government practice, financial institutions, creditors' rights and insolvency, tax and litigation - to provide a broad-based approach to our clients' needs.

Development and Construction Activities

We represent developers, property owners, investors, contractors and financial institutions in a variety of development projects. We are assisting and advising clients with regard to some of the highest profile projects in California, including the development of urban entertainment and retail centers, office buildings, master planned communities and landmark mixed-use projects. We have experience in entitlement development and construction processes, including land use and subdivision approvals, environmental impact assessments, development agreements, hazardous waste regulation and disposition, and redevelopment issues as well as endangered species and wetlands compliance.

We are experienced in the negotiation and documentation of declarations of conditions, covenants and restrictions, reciprocal easement agreements and other documents relating to the functional use of improved real estate. Real estate attorneys also work with both our developer clients and our contractor clients to prepare architectural, design, construction and construction supervision contracts. We are particularly adept at the creation of innovative compensation arrangements and the avoidance of project delays.

Acquisition and Dispositions of Real Estate

Our real estate firm regularly handle acquisitions and dispositions of real estate projects, and the origination and disposition of mortgage loans for both domestic and foreign clients. We represent some of the largest financial institutions, pension funds, advisors and other investors in the country, and other public and private companies. In recent years, our attorneys have been involved in the purchase and sale of all types of real estate, including major residential subdivisions, malls, industrial properties, research and development sites, warehouses, health care facilities and corporate facilities.

Partnerships and Joint Ventures

We are experienced in negotiating and preparing general and limited partnership agreements as well as limited liability companies, limited liability partnerships and other real estate entities and joint ventures. This experience includes dealing with capital formation issues, distribution priorities, accounting arrangements, tax considerations, management rights and duties, transferability and dispute resolution.

Lending Activities

The real estate attorneys represent various domestic and foreign lenders, including investment banks, mortgage brokers and originators, commercial banks and savings and loans, in actively negotiating and preparing all documents necessary for construction and permanent and other real property secured loans, including loans backed by credit leases, tax-exempt bonds and ground leases. These activities include commitment letters, loan agreements, notes, deeds of trust, environmental indemnity agreements and other collateral documents. We also assist our lender clients in designing and implementing appropriate due diligence investigation before loan closing. Attorneys also prepare "standard form" agreements for many of our clients, recognizing that the standardization of certain provisions or documents can yield tremendous savings for them. In addition, we are proficient in drafting new and creative debt and debt enforcement instruments for such recent innovations as profit-participation loans, convertible loans, participatory loans, arrangements among multiple lending institutions and other lender/borrower syndication and joint venture agreements.

Leasing and Lease Audits

We counsel landlords and tenants in the negotiation and documentation of commercial, industrial, retail and other business leases. Real estate lawyers have been extensively involved in transactions involving millions of square feet of space in urban and suburban areas across the United States. We also assist our clients who own or are about to acquire commercial real property in the due diligence, analysis and audit of pass-through charges such as common area expenses. We have also been active in structuring and negotiating lease-equity deals and other innovative approaches to lease transactions.

Loan Workouts and Insolvency

We offer lenders, investors and borrowers a wide range of services in connection with identifying and quantifying problem loans and pre- and post-bankruptcy matters, including reviewing, analyzing and restructuring loan documents and planning and evaluating available legal strategies and remedies. We are particularly skilled at recommending additional collateral opportunities, loan restructurings and other workout agreements. We also advise local and out-of-state lenders concerning the processing of foreclosures and bankruptcies as well as the management and subsequent disposition of collateral acquired through foreclosure or "deed-in-lieu" agreements.

Land Use

We provide an unparalleled knowledge of how to navigate the current political system and comply with the complex and constantly changing laws and regulations governing land use in California and elsewhere.

Our land use attorneys advise all types of parties involved in major local and regional projects. The firm's land use expertise spans all phases of a project, from acquisition, entitlement, financing, and development, to leasing, syndication, and disposition of real property. We also serve as aggressive advocates in representing client projects in hearings and other matters before local, state, and federal administrative bodies. We have hands-on experience in dealing with all the relevant agencies, as well as an impressive track record in marshaling support for our clients' projects. We also offer wide-ranging strategies for clearing the many environmental hurdles that confront all land use projects--before, during, and after development.

Land Use Entitlements

Obtaining the necessary land use entitlements is a key step in turning undeveloped or underutilized property into a successful and profitable development. We regularly represent property owners and developers before planning commissions, city councils, county boards, the California Coastal Commission and other local, regional, state and federal administrative and legislative bodies. We assist clients in obtaining all permits and entitlements necessary for the project, including general and specific plan amendments, zone changes, variances, tract maps, parcel maps, and project approvals.

We are skilled in drafting development agreements to lock into place entitlements and land use designations. We also negotiate exclusive negotiation agreements, disposition and development agreements (DDAs) and owner participation agreements (OPAs) to assist clients in assembling parcels of property and obtaining financing for the project. As part of the entitlement process, we assist in the preparation and review of environmental documents to ensure compliance with the California Environmental Quality Act (CEQA), the National Environmental Policy Act (NEPA) and local environmental guidelines.

Environmental Representation and Analysis

Our land use office also represent clients in resolving a broad range of environmental matters before, during and after development has been completed. We:

? Review and comment on documents required by the California Environmental Quality Act and the National Environmental Policy Act; ? Prepare environmental audits and ensure compliance with due diligence requirements in financial transactions; ? Handle all aspects of hazardous waste issues under Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), Resource Conservation and Recovery Act (RCRA) and analogous state statutes, including private cost-recovery matters; ? Assist clients in developing Brownfield sites; ? Review and advise clients on the regulation of underground storage tanks (USTs); ? Resolve air quality issues before the South Coast Air Quality Management District (AQMD) and other regional air quality districts, the Air Resources Board, and the Environmental Protection Agency; ? Advise and defend Proposition 65 warning requirements and discharge requirements.

In addition, we are experienced with the Endangered Species Act, Marine Mammal Protection Act, and other resource development and protection issues.

Land Use Litigation

We have experience in a wide range of land use-related litigation matters, including project entitlement challenges, general plan and zoning consistency, and CEQA and NEPA adequacy. Our broad experience with both the public and private sectors give our clients an advantage in defending their projects against challenge.

Title Insurance

We work with title companies to efficiently and creatively resolve many title problems which arise in the acquisition, sale or financing of real estate. We are also active in analyzing and resolving title problems and claims under title insurance policies. We work closely with our litigation attorneys on claims that have matured into litigation.