Williams, Zinman & Parham P.C. has a continuing focus on real property law. In recent years the real estate market in Arizona has gone through significant changes and market fluctuations. Close relationships with our clients have helped them make the most of both the up and down real estate market.
With an ever changing real estate environment, it is more important than ever to have quality advice from experienced attorneys. Our attorneys are active in the real estate community with hundreds of real estate clients.
We frequently speak for State and National organizations including the Arizona Multihousing Association, Manufactured Housing Communities of Arizona, Housing Authority of Maricopa County, Lorman Education Services, State Bar of Arizona, and the Association of Landlord Tenant Attorneys. Mark Zinman is an instructor at the Arizona School of Real Estate and Business.
Our Scottsdale real estate attorneys regularly handle a multitude of real property issues, including: disputes arising out of foreclosure sales, quiet title prosecution and defense, title insurance claims and litigation, and Landlord/Tenant disputes. The firm also regularly prepares transactional documents for clients, such as: purchase agreements, contracts for conveyance of real property, leases, options, deeds of trust, and forfeitures of interest. If you are in need of legal advice regarding a real estate issue, please contact our office for information and to make an appointment to discuss your matter.
One important area we concentrate on is the preparation of Opinion Letters including loans from GSE and conduit lenders when communities are being financed with original or refinancing loans or, in recent years, when mortgages on communities are being paid off requiring loan defeasance agreements. We also deal with requirements for due diligence, bankruptcy, remote entity structuring, documentation and closing on such loans. Our charges for these services are extremely reasonable.
Here is a partial listing of Opinion Letters we have prepared in the 38 month period ending 12/31/16:
$1,473,641.86 Commercial Apartment Refinancing Loan—10/29/13
$4,119,000.00 CMBS MHC Refinancing Loan—11/18/13
$11,100,000.00 Fannie Mae MHC Refinancing Loan—12/16/13
$4,444,444.00 Loan Facility and $650,000.00 Cash Reserve Loan for single family rental housing—2/27/14
$2,600,000.00 Fannie Mae MHC Refinancing Loan—5/26/14
$3,060,000.00 Fannie Mae MHC Purchase Money Loan—6/13/14
$11,150,000.00 Fannie Mae MHC Purchase Money Loan —6/19/14
$35,425,000.00 Fannie Mae Apartment Refinancing Loan—7/9/14
$29,550,000.00 Commercial Apartment Loan Defeasance—7/9/14
$11,100,000.00 Freddie Mac Apartment Purchase Money Loan—7/31/14
$11,100,000.00 CMBS Apartment Refinancing Loan—8/8/14
$10,500,000.00 Freddie Mac MHC Purchase Money Loan—Conform Freddie Mac MHC Loan Documents to AZ Law on behalf of Lender—8/27/14
Three Opinion Letters for three different hedge funds/private-equity firms/real estate investment trusts on priority of liens against single family homes securing rental property backed investor securities—Oct. & Nov. 2014
$1,995,000.00 CMBS MHC Purchase Money Loan—12/15/14
$8,000,000.00 Insurance Company Apartment Refinancing Loan—12/29/14
$3,000,000.00 Insurance Company Apartment Refinancing Loan—12/29/14
$6,500,000.00 Insurance Company Apartment Refinancing Loan—12/29/14
$3,700,000.00 CMBS Loan Assumption for MHC Purchase —2/27/15
$11,914,000.00 Freddie Mac MHC Refinancing Loan Loan—5/28/15
$14,000,000.00 Fannie Mae MHC Refinancing Loan—6/29/15
$16,500,000.00 Fannie Mae Apartment Purchase Money Loan —7/8/15
$7,211,000.00 Freddie Mac Apartment Refinancing Loan—9/16/15
$3,390,000.00 Freddie Mac RV Park Purchase Money Loan—Opinion on RV financing aspects behalf of Lender—10/8/15
$20,000,000.00 Commercial Credit Agreement for Purchase of Low Income Apartments—11/25/15
$11,760,000.00 CMBS Loan Assumption for Apartment Purchase—12/9/15
$14,500,000.00 Commercial Term Loan Pursuant to Credit Agreement for Apartment Purchase–2/8/16
$6,650,000.00 Commercial Term Loan Pursuant to Credit Agreement for Apartment Purchase–4/14/16
$12,800,000.00 CMBS Apartment Purchase Money Loan—7/18/16
$2,906,300.00 Federal Loan for Employment Development Facility–12/12/16
Multiple Updated Opinion Letters for several hedge funds/private-equity firms/real estate investment trusts on priority of liens against single family homes securing rental property backed investor securities—2015-2016
Call Us at (480) 994-4732 to discuss your Real Estate Issue Today!