Mixed Use Developments in Real Estate: Planning and Drafting Issues CLE

Mixed Use Developments in Real Estate: Planning and Drafting Issues

August 2013

Mixed Use Developments in Real Estate: Planning and Drafting Issues

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Teleseminars are midday continuing legal education conferences broadcast over the telephone. From the convenience of your office or home, you are able to dial into an 800 number, and hear nationally recognized practice leaders speak on important issues in the law. You are also able to ask them your questions. Teleseminars marry the best of technology and education to bring the world of CLE to your office or home.

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Program Description:

Mixed use developments are attractive to cities and developers because they combine the major elements of a community - residential, retail and office - in a common space. But they are also among the most complex real estate developments for attorneys to document because they combine elements that have traditionally be approved, financed, built and leased out separately. Among the many drafting issues for lawyers is how to allocate the substantial regulatory approval and construction risks of mixed developments. Also, governance of the overall project once built and cost-sharing for common areas, insurance and maintenance are crucial contractual issues and can often spell the long-term success or failure of a project. This program will provide you with a practical guide to the major planning and drafting issues in mixed use developments, including finance, risk allocation, cost sharing, governance and more.

Drafting, finance and planning issues for mixed-use developments
Finance - drafting for mixed commercial and residential developments
Risk - allocation of construction and regulatory risk in mixed-use developments
Cost sharing - drafting balanced and effective common area maintenance provisions
Governance - managing the residential apartment/condo portion of the development

Faculty:

Richard R. Goldberg is a retired partner, resident in the Philadelphia office of Ballard Spahr, LLP, where he established an extensive real estate practice, including development, financing, leasing, and acquisition. Earlier in his career, he served as vice president and associate general counsel of The Rouse Company for 23 years. He is past president of the American College of Real Estate Lawyers, past chair of the Anglo-American Real Property Institute, and past chair of the International Council of Shopping Centers Law Conference. Mr. Goldberg is currently a Fellow of the American College of Mortgage Attorneys and is a member of the American Law Institute. Mr. Goldberg received his B.A. from Pennsylvania State University and his LL.B. from the University of Maryland School of Law.