financial institutionsMy services include drafting and negotiating the terms of a Purchase and Sale Agreement, drafting of hazardous material and environmental agreements, review of Escrow Instructions, contracts of agency, indemnity agreements, property management, leases, evictions and other legal actions, and general legal opinions and analysis on real estate issues; leasing matters related to a variety of commercial, industrial park and residential developments, documented dozens of affordable housing construction and bridge loans. These include tax credit issues, farm worker grants, mobile home parks, subdivisions, mixed use projects, etc. throughout California. Mr. Pearman has substantial experience with ground leases, as property developer’s counsel and for lenders in drafting necessary amendments to make ground leases financeable. For instance, for Cathay Bank, a major lender on development projects, I currently am analyzing ground lease and related documents for the Bank's $12 million loan to finance construction of a Wal-Mart. Case Studiescommunity redevelopment agency of l.a. The firm the Community Redevelopment Agency of the City of Los Angeles in its role as a lender in affordable housing projects. For example, we assisted in the acquisition, construction and permanent financing of 26 units, which included four lenders [$1.4 million in LACRA financing], a tax credit partner as well as an allocation of City housing tax-exempt bond funds, and included the ground lease of land by the Agency to the non-profit developer under perpetual conservation easements.
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