Real Estate and Financial Matters

Representative Real Estate/financial Matters

Hobby & Hobby, P.A.  represents landowners, developers, home builders and financial institutions in transactional work such as commercial purchase and sale drafting and negotiations, closings, title insurance, lease drafting and negotiations, bank and private lending financing and general transactional work such as:

  • Real Estate and Construction.  Comprehensive representation of several large developers in all transactions and transactional matters, as well as general transactional work for many publicly traded homebuilders and developers.
  • Title Agent. Acting as title agent in many large real estate transactions. Recognized several times as a members of the President’s Circle by the Fund, a/k/a Old Republic National Title Insurance Company, for being one of their largest title insurance agents in the State of Florida.
  • Leasing.  Drafting and negotiating leases with national tenants, such as Publix Supermarkets, Lowe’s Home Centers, Inc., Circle K, Taco Bell,  7-11 and Dunkin’ Donuts.
  • Lending Transactions.  Drafting and negotiating secured loan documents on behalf of lenders.
  •  Acquisition of Large Non-Performing Loans.  Representing buyers of non-performing loans throughout Florida, successfully negotiating and closing a variety of pre and post-judgment loan purchase agreements, performing due diligence regarding the loans and underlying property, including reviewing loan documents and providing opinion letters as to enforceability of loan documents, ensuring status of land use approvals, entitlements and concurrency, and reviewing title and survey.
  • Transactions Involving the Sale of Large, Partially-Developed Residential Communities.  Representing buyers in the acquisition of partially-developed residential communities throughout Florida, some of which include Community Development Districts (CDDs), including the negotiation of purchase and sale agreements, assignment of development rights, performing all due diligence regarding the subject properties.
  • Sale-Leaseback Transactions.  Representing sellers in sale-leaseback transactions involving numerous tenants and subtenants on income-producing properties.
  • Loan Workouts and Modifications.  Comprehensive representation of local community banks, including drafting and negotiating loan documents, loan workouts, modifications and forbearance agreements.
  • Short Sales.  Representing buyers of short sales and ensuring compliance with required disclosures to avoid any potential legal exposure to buyer.
  • Foreclosures.  Representing developers and financial institutions in contested and uncontested foreclosures through the issuance of Certificate of Title.
  • Eminent Domain/Inverse Condemnation.  Representing, with affiliated co-counsel, numerous landowners in negotiated settlements with variety of condemning authorities.
  • Non-Residential Condominiums.  Structuring and drafting a variety of office, industrial declarations of condominium and all supporting documentation.
  • Construction Contracts.  Drafting and negotiating construction contracts forms.