Background:
Lavelle Law represented a joint venture in its $9.9 Million acquisition of four multi-unit buildings.
Challenges:
The transaction was complicated due to the nature of the joint venture, vacant units, turnover of security deposits, and existing building code violations.
Result:
The purchase was successful despite tough negotiations with the seller’s team. All leases and security deposits were transferred to the buyer, and Lavelle Law effectively represented the buyer in removing the building code violations on the property.
Chance W. Badertscher
Attorney
“With great communication between our client, lender, and legal team, we were able to help our client obtain four properties with excellent profitability potential. The cherry on top was working with our client after closing to remove the building code violations in a timely manner.”
Contact Chance Badertscher to discuss your real estate legal needs.
847-705-7555 or cbadertscher@lavellelaw.com.
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