Carlile Patchen & Murphy LLP assists owners, buyers, sellers, builders, developers and financial institutions in all types of real estate transactions; from simple purchases or sales to multimillion dollar developments. Whether the project is a shopping center, apartment complex, office building, warehouse building, mixed-use or industrial development, Carlile Patchen & Murphy LLP has the experience to provide counsel in the structuring, zoning, acquisition, financing, construction, leasing, sale or tax-deferred exchange of that project.
Carlile Patchen & Murphy LLP can assist you with commercial leasing, condemnation, environmental issues, tax matters, syndication and title insurance, to name just a few. With the emphasis on financing today, in addition to conventional lending, we can also offer you experienced counsel when dealing with FHLM, FNMA, FHA, HUD, USDA, FHLB, the State of Ohio, Ohio Department of Development and mezzanine and conduit lenders as well.
Our firm has worked extensively with financial institutions, conduit lenders, insurance companies, mezzanine lenders, government authorities, private lenders and borrowers in a variety of commercial real estate transactions. Further examples of our areas of practice include: conventional mortgage financing; industrial revenue and development bonds; sale leasebacks and ground leases; multi-family housing revenue bond backed financing; HUD market-to-market and affordable housing programs; USDA section 538 loans and Federal Home Loan Bank programs; Ohio Housing Finance Agency and Ohio Department of Development programs; adjustable rate taxable securities; securitized loans; mortgage loan defeasances; and credit enhancements, including guarantees, letters of credit and swaps.
We act as counsel to both local and national real estate developers, owners and investors in additional areas, such as: acquisition and development of commercial properties, including office building, office parks, single-family and multi-family residential projects, medical office buildings, warehouses, retail centers, mixed use projects, hotels, condominiums and telecommunication sites; rehabilitation and renovation of existing projects; tax-deferred and tenants-in-common transactions; leasing and property management; land use issues including zoning, variances, planned-unit developments, transfers of development rights and historic preservation; and obtaining economic development incentives in order to renovate, purchase or construct projects including real estate tax abatements, community development incentives, job creation tax credits and tax increment financing.
Our title agency, Cornerstone Title Agency, LLC, is an agent for Old Republic National Title Insurance Company and First American Title Insurance Company, and provides a full range of title and closing services, including 1031 exchange and escrow agent services.