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Real Estate Watkins & Eager has a broad commercial and residential real estate practice. The firm’s capabilities span across a range of services including: Ad Valorem Taxes: The real estate lawyers at Watkins & Eager assist a variety of clients with legal issues relating to the taxation of real property. Our attorneys help navigate clients through the statutory and regulatory channels applicable to taxation issues such as real property valuation, taxation appeals and applicable real property tax exemptions. Commercial Development: Our lawyers have the knowledge and expertise necessary to advise clients with regard to a variety of legal issues involving commercial real estate. Our team provides a solid foundation of legal knowledge in commercial elements ranging from office complexes, retail facilities, hotel and recreational facilities, and residential and business condominium developments. Owners, developers, banks, lenders and investors rely on us for advice in commercial real estate ventures which are traditionally structured, as well as with more specialized projects such as mixed use developments, planned unit developments, new urbanism developments and GO Zone projects. Condominium: The financing, development and ownership of a condominium project present unique legal issues, governed by Mississippi statutory laws. Our real estate lawyers are equipped to advise banks, lenders, developers and owners regarding the issues involved with residential and commercial projects which are developed under the condominium form of ownership. Loans: Owners, developers, banks, lenders, insurance companies and investors look to the experienced Watkins & Eager real estate team for legal guidance in the structure of equity and debt capital transactions for the finance of real estate developments. Our attorneys work closely with clients in development capital transactions such as loans from private lenders, banks and insurance companies and through public sector funds such as private activity bonds. Additionally, our attorneys are experienced in equity capital transactions and provide regulatory and securities guidance to real estate developers and investors in such financial transactions. Our attorneys have extensive experience with the loan programs administered by HUD/FHA, including those under Sections 221(d)(4), 223(a)(7) and 223(f) of the National Housing Act. Additionally, we regularly represent borrowers in multifamily loan transactions originated under the Fannie Mae and Freddie Mac lending programs. Foreclosures: Due to our involvement with many banks and lenders in secured transactions, our real estate lawyers are well versed in Mississippi foreclosure law and provide representation to banks, lenders and secured parties in the exercise of remedies in secured transactions such as foreclosure of real property and personal property. Multi-family Developments: With extensive experience in the acquisition, construction and finance of new construction and rehabilitation multifamily housing projects, the real estate team at Watkins & Eager has a broad base of knowledge in multifamily development. Our firm provides legal representation to owners, developers, management companies and lenders for multifamily projects. Our lawyers are capable of providing legal support for multifamily housing developments, including conventional developments, tax credit developments and HUD developments. Residential Developments/Subdivisions: Residential communities, including planned communities, mixed-use developments and condominium developments, present a variety of legal issues unique to each development. Our real estate attorneys have the necessary experience to provide guidance to owners and developers, banks, lenders and investors involved in such developments. From contract negotiation to zoning and land use issues, comprehensive restrictive covenants and owner’s association documents, our attorneys are able to provide expert legal advice and services within the complete residential development arena. Lawyers in Real Estate: Paul L. Gunn/William C. Smith, III - Primary Contacts
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