transactions

  • The Hoffman Companies
  • Financing and purchase of 60 Temple Place, Boston, MA
  • Sheehan Health Care Group
  • Sale of 5 nursing homes and 2 hospice companies
  • The Viridian
  • 200-residential unit development, Boston, MA

Real Estate Development & Operation

Overview

The firm’s real estate practice is broadly based, both as to types of matters dealt with and geographical location of properties.  We represent clients from as far as Europe and Asia in all aspects of real estate development and operation, including matters regarding acquisition and disposition of both vacant and developed parcels, permitting, environmental issues, construction and permanent financing, tax planning, condominium conversion, leasing for all types of commercial, retail and industrial real estate uses and establishment of entities such as joint ventures and limited liability companies to hold title to and operate the property.

Negotiation of agreements 
We handle all legal matters arising in our clients’ businesses.  We negotiate and draft purchase and sale agreements, construction contracts, leases, mortgage loan commitments and loan documents with lenders as diverse as banks, CMBS lenders, insurance companies and pension funds.  We take pride in our ability to find solutions which both protect our clients and allow them to “make the deal” in a timely and profitable manner.

Permits 
Our expertise in client advocacy results in success in obtaining zoning, environmental and other governmental permits and approvals required in order to move projects forward.  Our experience allows us to mount the best possible defense when appeals are taken from permits and approvals granted to our clients. 

Construction
We are experienced in working closely with architects, land planners, engineers, and other professionals to ensure that our clients’ projects comply with the myriad of state and federal laws, local building codes and other land use regulations.  We also review the work product produced by such professionals to assist our clients in presentation of results in a positive manner.

Litigation
When issues such as appeals from zoning decisions, municipal real estate tax assessments and mortgage work-outs and foreclosures arise which cannot be handled by negotiation, our expertise in litigation allows us to represent our clients’ interests in court and administrative proceedings, as well as before arbitrators and mediators.

Related Services Areas

Professionals

James Lyle

Partner617.973.6293 fax 617.722.4934jlyle@pbl.com

Jo-Ann Marzullo

Partner617.973.6267 fax 617.722.4935jmarzullo@pbl.com

David Saltiel

Senior Counsel617.973.6246 fax 617.722.4948dsaltiel@pbl.com

Publications

Design & Construction

Christopher Tsouros, March 23, 2017

Boston’s Seaport: Changing The City’s Skyline

New England Real Estate Journal, Ann Sobolewski, January 5, 2016

Mayor Hikes Fees to Promote Affordable Housing Development

GlobeSt.com, Ann Sobolewski, December 14, 2015

Boston's Hotel Market Heats Up

Banker & Tradesman, Sam Webb, January 20, 2014

Market Anxiety Over Shutdown to Stall RE Deals

Law 360, Michael Rubin, October 1, 2013

Development Challenge for Next Boston Mayor

NECN, Michael Rubin, September 23, 2013

Watch City Rises . . . Again

Boston Business Journal, Startups & Venture Capital Blog, Frank Aronson, April 5, 2013

Boston Developers Eye Post Menino Future

NECN, Christopher Tsouros, March 28, 2013

Towns Mount Opposition to Marijuana Dispensaries

Banker &Tradesman;, James Lyle, December 31, 2012

Hope for the Hole of the Hub

New England Cable News, James Lyle, February 6, 2012

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