Commercial Real Estate Transactions: The Fundamentals Out of Stock
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March 2010
Commercial Real Estate Transactions: The Fundamentals
Program Highlights
- Why Buying and Selling Commercial Real Estate is Different from Buying and Selling Residential Real Estate
- Walk-through of a Typical Purchase Contract for Office Property
- Special Issues Affecting the Sale of Retail Property
- Financing the Commercial Real Estate Transaction
- Deeds, Easements, Closing, and Conveyancing
- Due Diligence in Commercial Real Estate Transactions
Program Description
Although the numbers are down from the lofty heights of a few years ago, commercial real estate deals are still getting done. In fact, as we begin the year 2010, the commercial real estate market may be ready for a refreshing uptick in transactions being completed. If you are an attorney or real estate professional new to the world of commercial real estate, or if you just need a refresher, now is the time to purchase the “Commercial Real Estate Transactions: The Fundamentals”!
This program builds and expands on the successful program of the same name held in March 2008. The commercial real estate market has changed since that time, and the faculty will discuss the new playing field, new players, and new terms that apply to commercial real estate. How do you get financing in these tough economic times? Which contract provisions can you insist on and which ones will have to be the subject of compromise in 2010? Find out in this informative program!
The half-day program of 2008 has been extended to a full day. Two new segments, one on the unique issues affecting retail property, and another on the practical issues concerning deeds, easements, closing, and conveyancing, add even more practical information to this program!
As always, the program is taught by experienced real estate law practitioners who work on the issues they teach on a daily basis, in Colorado real-estate practices.
Topics
Introduction: Why Buying and Selling Commercial Real Estate is Different from Buying and Selling Residential Real Estate
Presented by Christopher W. Payne, Esq., Program Moderator
Walk-through of a Typical Purchase Contract for Office
Property
Provisions to be covered include:
- Parties to the contract
- Calculating the purchase price
- Prorations and adjustments
- Representations and warranties
- Covenants
- Conditions precedent to closing
- Defaults and remedies
- Indemnity provisions
Includes examples of three different purchase contracts, including one with buyer-focused terms, one with seller-focused terms, and one that is balanced between buyer and seller!
Presented by Bruce D. Dierking, Esq.
Financing the Commercial Real Estate Transaction
How a purchaser of commercial real estate finances a purchase has changed over the past 24 months due to the economic turmoil our nation has encountered. But even with these changes in the ways financing gets done, the fundamental aspects of the financing part of the transaction have remained the same.
In this informative segment of the program, you will learn the core concepts of commercial real estate financing, including loan applications, commitments, key terms of finance agreements, “mezzanine” financing, attornment, and more!
Presented by Gwendolyn C. Allen, Esq.
Special Issues Affecting the Sale of Retail Property
Purchasers and sellers of retail real estate encounter several issues that are unique to retail property. In particular, how retail leases affect the purchase and sale of the property needs to be considered. Find out the special ways retail property differs from other types of commercial property when it is bought and sold!
Presented by Mark A. Senn, Esq.
Deeds, Easements, Closing, and Conveyancing
Presented by Cynthia M. Stovall, Esq.
Due Diligence in Commercial Real Estate Transactions
Includes an extensive due diligence checklist!
Topics to be covered include:
- Property Research Due Diligence:
- Is the use of the property consistent with the neighborhood?
- What tax issues need to be considered?
- Which experts should you retain to help you?
- Environmental issues that must be on your due diligence checklist
- Legal and Title Due Diligence
- Avoiding title problems through effective due diligence
- Discovering any litigation related to the property
- Obtaining site plan and zoning variances
- Lending Process Due Diligence
- Opinion letters
- Litigation and bankruptcy risks
Presented by Beat U. Steiner, Esq.
Faculty Review
Presented by the Members of Faculty
Planning Committee
Christopher J. Heaphey, Esq.
Holland & Hart, LLP
Aspen, CO
David L. Osborn, Esq.
Osborn Law Firm, LLC
Fort Collins, CO
Christopher W. Payne, Esq.
Ballard Spahr, LLP
Denver, CO
Faculty
Christopher W. Payne, Esq., Program Moderator
Ballard Spahr, LLP
Denver, CO
Gwendolyn C. Allen, Esq.
Ballard Spahr, LLP
Denver, CO
Bruce D. Dierking, Esq.
Packard & Dierking, LLC
Boulder, CO
Mark A. Senn, Esq.
Senn Visciano, PC
Denver, CO
Beat U. Steiner, Esq.
Holland & Hart, LLP
Boulder, CO
Cynthia M. Stovall, Esq.
Sherman & Howard, LLC
Denver, CO
- CLE Pass Price *FREE! - exclusions may apply
- Standard Price $299.00 USD
- Member Price $249.00 USD
- General Credits 6.00
- Ethics Credits
- EDI Credits