Real Estate & Real Estate Finance

Murray Plumb & Murray’s real estate practice combines our knowledge, experience, and judgment to allow us to assist clients in the full range of real estate matters. We handle straightforward to the most complex transactions in a way that is personal and responsive to our client’s needs. Too often, lawyers stand in the way of getting the deal done. While we will always be determined to protect our clients, we believe in helping them find the balance between risk and reward to achieve their goals.

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Through our interdisciplinary approach, we advise clients on all aspects of real estate transactions, including sales and acquisitions, development, construction, financing, leasing, Qualified Opportunity Zone investments, like-kind exchanges, ownership, operation, and management. In the rapidly changing real estate market, we offer creative solutions to the myriad issues confronting developers, investors, and those owning or operating real estate properties by delivering high-quality legal work that addresses the business objectives of our clients. We also help guide families through the issues of ownership, governance, and succession planning for vacation and other real estate properties.

We also provide title insurance policies for commercial and residential property transactions in every county in Maine as an agent for Old Republic Title Insurance Company, First American Title Insurance Company, and CATIC. Our goal is to provide competitive, cost-effective title services to our clients, other local and out of state law firms, and lending institutions.

Real Estate Finance

Our experienced real estate, banking, and corporate attorneys represent both borrowers and lenders. Our goal is to render practical legal advice based on sound analysis, common sense, and years of experience.

Our specialized banking expertise includes:

  • Representing regional and local lenders and borrowers in financing transactions, including preparation of loan documentation for asset-based and real estate financings, and advice on compliance with applicable statutes and regulations;
  • Serving as local counsel for out of state lenders and buyers;
  • Workouts of troubled loans, including foreclosure, bankruptcy, and enforcement of creditors’ rights;
  • Negotiating, preparing, and reviewing loan participation agreements, trust agreements, and other contracts necessary and familiar to banks; and
  • Deal structure, equity raise, including preparation of private offering memorandums and associated filings, analysis of federal and state securities exemptions, and related agreements.

Industries we represent include:

  • Developers
  • Investors
  • Banks
  • Lenders
  • Commercial Landlords and Tenants
  • Families

Typical Transactions:

  • Acquisition of Property for Development or Investment
  • Commercial Leases
  • Commercial Lending
  • Private Lending
  • Condominium Development and Conversion
  • Solar Leasing
  • Family LLCs
  • Real Estate Entity Formation
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