Real Estate & Construction

Our Real Estate & Construction Practice Group advises seamlessly on all aspects of law related to ownership, construction, finance, development, and use of land and buildings.  Importantly, we pride ourselves on helping clients close deals.

Over the last few years, we have advised on some of Romania’s largest and most important real estate projects and developments.  From our work on the largest real estate financing in Romanian history to advising on the largest inter-city project in Southeast Europe, we have the experience, skills and knowledge to help.

Our clients include a broad range of individuals, businesses and institutional investors, including local and international developers, industrial users, educational and non-profit institutions, as well as shopping centers, retailers, hotel operators, and office tenants.

Our practice encompasses all phases of the development process, from site assembly to land use and zoning to construction and post-construction operations.  Our specialised lawyers are experienced and knowledgeable in all aspects of property development, sales, acquisitions, leases and the provision of security in the commercial, retail, industrial, residential and mixed-use markets.

We excel at real estate finance.  Our practice encompasses the entire spectrum of real estate financing techniques used in the acquisition, development and construction all types of real estate projects.  Our attorneys represent both borrowers and financial institutions in negotiating and structuring secured transactions and project financings.

Besides loans and mortgages, we counsel our clients in complex debt financings including sale/lease-backs and syndications.  The depth and scope of our practice allows us to successfully manage the full panoply of real estate and security issues attendant to these transactions.

With our extensive experience in site assembly and project management in relation to development and large multi-year build-out programs, we have worked with all manner of properties, including undeveloped land, commercial office space, industrial buildings, hotels, residential projects and shopping centers.

Our real estate and construction practice includes:

  • Acquisition, disposition, and exchange transactions;
  • Property-related security documents such as mortgages, charges, and assignments;
  • Site assembly and preparation of zoning, environmental, and land use approvals and permits;
  • Representation in meetings and public hearings;
  • Transaction structuring, document preparation, and deal implementation;
  • Advising on construction, design, and engineering agreements;
  • Contract modification and change of work scope;
  • Construction defects and design errors; and
  • Litigation and dispute resolution.

Vernon | David’s work on behalf of buyers and sellers includes:

  • drafting and negotiating purchase contracts, leases, concessions, site development agreements, restrictive covenant and easement agreements and related acquisition and development documents;
  • managing and overseeing transaction closings; and
  • dealing with terminations, assignments, subleases, renewals, and expansions.

Examples of typical construction-related matters handled by the firm include:

  • preparing, reviewing and negotiating of development, design, engineering, design/build, and construction contract documents;
  • negotiating insurance coverage for participants in the construction process;
  • preparing, settling or litigating claims arising from changes in work scope, delay, disruption, acceleration, termination, and other performance-related matters; and
  • claims against contractors and design professionals resulting from design errors or defective construction.

For recent experience in real estate & construction law issues, click here.

To learn more about our real estate & construction practice, please contact: