Real Estate Finance
We represent lenders and borrowers—including community and commercial banks, individual and institutional investors, business owners, developers and entrepreneurs—in all facets of real estate finance. Community economic development clients in particular turn to Savage & Associates because of our demonstrated ability to efficiently combine market-rate and tax-advantaged financing strategies.
Commercial Development Finance
Our attorneys have experience working on multifamily, shopping center, retail, office and mixed-use commercial development projects in economically distressed communities. We understand the specific tax credits, loans and more traditional tools available to raise capital for dynamic projects in communities in need of redevelopment. We negotiate, among other things:
- Acquisition, construction and permanent loans
- Loan syndication and loan participation agreements
- Leasehold mortgage financing
- Subordinated debt and mezzanine lending
Land Acquisition, Leasing and Sales
Obtaining site control and determining ultimate site usage can be prerequisites to negotiating a finance package. At the same time, end-user ownership, leasing and sales can be constrained by specific credit and loan programs. Savage & Associates guides clients through the acquisition, leasing and sale process in a way that suits the financing strategy and preserves flexibility.