Commercial Loan and Financing Representation

February 16, 2009 · Posted in News · Comments Off 

Recent highlights in Commercial Loans and Financing:

  • Barkett Law represents lender, prepares all documents and issues title insurance for a multi-collateralized loan totaling $7,500,000.00.
  • Barkett Law represent lender in tendering a $3,200,000.00 loan to a corporate borrower along with issuing mortgagee title insurance;
  • Barkett Law represents Lender in tendering a $1,700,000.00 loan to a corporate borrower using multiple parcels as collateral;
  • Barkett Law represents lender in tendering a $5,500,000.00 commercial loan involving multiple parcels as collateral;
  • Barkett Law represents lender in tendering a $4,500,000.00 commercial construction loan;
  • Barkett Law represents lender in tendering a $1,400,000.00 commercial loan refinance;
  • Barkett Law represents lender in tendering a $800,000.00 future advance construction loan;
  • Barkett Law represents lender in tendering a $1,450,000.00 commercial loan refinance;
  • Barkett Law represents lender in tendering a $1,000,000.00 complex commercial loan collateralized by real property and rents by and through a separate agreement;
  • Barkett Law represents lender in tendering a $700,000.00 commercial loan secured by bank accounts by and through a pledge and control agreement;
  • Barkett Law successfully represents Apartment Complex in $4,500,000.00 commercial refinance;
  • Barkett Law represents partner in a structured loan buyout of $1,000,000.00.
  • Barkett Law represents lender in tendering a $1,500,000.00 commercial loan.
  • Barkett Law represents lender in tendering a 4,200,000.00 commercial loan.

Commercial Property Acquisitions and Transactions

February 16, 2009 · Posted in News · Comments Off 
  • Barkett Law represents a seller in negotiations with a local Hospital to lease and eventually purchase Land valued at close to $1,000,000.00.
  • Barkett Law represents a purchase in acquiring 16 residential lots for future development in Lake County.
  • Barkett Law represents purchaser in negotiations and financing stage of a $5,200,000.00 purchase of a Multi family project.
  • Barkett Law helps Seller of 30 acres of commercial land negotiate contract with large national developer for a purchase price of $4,800,000.00.
  • Barkett Law represents Purchaser in the purchase of a Note and Mortgage from a distressed lender.
  • Barkett Law represents 2 purchasers in acquiring approximately $5,000,000.00 of commercial property in Central Florida.
  • Barkett Law represents purchaser in acquiring a commercial building for $1,000,000.00 with assumption of lease by a national company.
  • Barkett Law successfully negotiates contracts on behalf of two Central Florida property owners in order to sell property to a Fortune 500 company.
  • Barkett Law successfully negotiates contract on behalf of Central Florida corporate property owner in order to sell industrial property to a national developer.

Excerpts of Eminent Domain Settlements and Verdicts

February 16, 2009 · Posted in News · Comments Off 
  • Barkett Law defeats a $20 Million taking of an owner’s property.  Barkett Law prevented the DOT from taking acreage for a retention pond which would have destroyed the planned development.
  • Barkett Law obtains a $4,600,000 eminent domain settlement in cash and non-monetary benefits for an owner whose property was taken for a retention pond and access road.
  • Barkett Law obtains a $1,650,000 eminent domain settlement in cash and non-monetary benefits for an owner whose property was taken for a road widening.
  • Barkett Law obtains a $1,450,000 eminent domain settlement in cash and non-monetary benefits for an owner whose property was taken for a road widening.
  • Barkett Law obtains a $250,000 eminent domain settlement in cash and non-monetary benefits for an owner whose property was taken for a power utility easement.
  • Barkett Law assists a lender in preserving its’ rights and security in multiple pieces of real estate which were subject to multi-million dollar takings.
  • Successful inverse condemnation case against a County which took an owner’s property without compensation.
  • Barkett Law obtains a $25,000 eminent domain settlement on behalf of an owner whose property was taken for a road widening.
  • $10,000 in relocation of tenant when taking destroyed the tenant’s apartment.

Barkett Law has been involved in a large number of complex Eminent Domain Settlements and Negotiations. Please contact our office for a list of specific details as the details are too extensive to list on this page.