Mixed-Use is a Big Deal

Mixed-use developers and lenders face complex statutes that govern common ownership and disclosure on both the state and federal levels. Winstead is recognized among the best in the industry and regularly provides guidance in major metropolitan areas of the country for developers and owners of new and converted condominiums in residential, commercial and multi-use projects.

Effective, efficient and cost-sensitive representation of mixed-use developers is best provided by lawyers who devote a substantial portion of their practice to handling mixed-use and common interest ownership development projects of all types and who understand the structuring imperatives.

Winstead's mixed-use and condominium lawyers are a part of the firm's real estate practice area that includes attorneys with experience in broad areas, including lending, leasing, land use, permitting, construction and all phases of real estate development, each of which is available to support the group.

Experience Matters

The experience of our mixed-use and condominium attorneys is broad and deep and includes resort, mixed-use, high-rise, airspace subdivisions and leasehold condominiums, conversions and numerous types of townhouse and other common ownership products. We are equally skilled in the lending and equity arena and regularly advise lenders with respect to both mezzanine and permanent loans, as well as investors with respect to equity investments in common interest ownership projects. The group works on projects in many areas of the country and is recognized nationally.

Mixed-Use Documentation – See the Big Picture

Being a good technical lawyer is not enough. The best mixed-use practitioners are also savvy negotiators and careful draftsmen with a sharp eye for details. Experienced mixed-use practitioners are knowledgeable about the practical aspects of a condominium development project, proficient in developers' exit strategies and need for flexible financing, aware of the pressures of the marketplace, up-to-date on regulations that affect the client, and cognizant that the lawyer's ultimate responsibility is to assist the developer in completing the project in a timely manner and at a reasonable cost.

Winstead has a breadth of experience in the preparation of covenants, conditions and restrictions, reciprocal easement agreements, sophisticated parking arrangements, master condominium structures, and air rights structures, including the complex documentation needed to make these structures viable.

We are experienced in risk mitigation techniques for the developer, and we work closely with our clients to manage risks associated with common interest ownership development that are different from commercial development related risks.

Federal Regulation

Winstead’s experience managing the requirements of the Interstate Land Sales Full Disclosure Act provides an advantage to developers. During many projects, we are able to assist in identifying an available exemption. However, when registration is required, we work with clients to gather all applicable information, produce the necessary registration filing and prosecute the filing to conclusion with diligence and efficiency.

Client Service

Client service is our top priority. Our technical and legal solutions are delivered with an eye toward efficiency, budget and responsiveness. Success in those areas is always measured in your terms.