Selected Real Estate and Commercial Transactions

Selected Real Estate and Commercial Transactions

Represented purchaser in acquisition/development loan for 118 unit apartment/condominium conversion project

$6,800,000 acquisition, $9,000,000 real estate secured term loan

Represented purchaser in acquisition/development loan for 53 unit apartment/condominium conversion project

$2,400,000 acquisition $3,000,000 real estate secured term loan

Represented franchised automobile dealership in construction loan for renovation of automobile dealership

$2,000,000 construction/term loan

Represented purchaser in acquisition/redevelopment loan for purchase and partial leaseback of bank branch building to be co-occupied by bank and casual sit-down restaurant.

$1,200,000 real estate secured construction/term loan, and $1,600,000 refinance of same

Represented purchaser in acquisition/construction loan for 102 unit townhome project

$3,000,000 acquisition; $4,100,000 real estate secured term loan

Represented client in Reverse IRC Section 1031 transaction with respect to acquisition of new industrial property and disposition of existing property.

$3,775,000 acquisition; $4,100,000 real estate secured term loan. Subsequent renovation of the property totaled in excess of $6,000,000 term loan

Represented franchised automobile dealership in acquisition/assemblage for dealership expansion, and in subsequent modernization and renovation of dealership facility

$1,250,000 for acquisition of replacement property, $1,075,000 financing

Represented client in Reverse IRC Section 1031 transaction with respect to acquisition of new commercial office property and disposition of existing property.

$2,550,000 for acquisition of replacement property, $2,422,500 financing

Represented borrower group (approximately 13 companies, doing business in 7 states) in secured credit facility to finance non-real estate business assets, including, periodic amendments to documents as necessary.

Two related separate credit facilities, with separate overlapping lender groups, one being a securitized facility in the amount of up to $160,000,000 and the other being a revolving credit facility in the amount of $10,000,000

Represented borrower (a publicly traded company in the financial services industry) and more than a dozen affiliates/subsidiaries in secured financing credit facility, including, periodic amendments to same as dictated due to economic and business changes.

$150,000,000 revolving credit facility

Represented purchaser of retail shopping center in DeKalb County, Georgia.

$11,400,000 acquisition, $9,120,000 real estate secured loan

The above list includes actual transactions handled by Fryer, Shuster & Lester, P.C. There are numerous other transactions handled by the Firm that are not listed in this Summary. This Summary is intended to illustrate the Firm’s breadth of experience in handling commercial transactions. In providing this Summary, no representation is made about the quality of the legal services performed or the expertise of the individual lawyers performing such services. The results shown here are based on specific factual and legal circumstances of each transaction, and do not guarantee any particular result for any matter. Please contact the Firm for more information.