Stuart Lautin represented a New York based real estate group in connection with the sale of Cashel Springs Apartments, a 300-unit multi-family property located in Houston, Texas. Mr. Lautin assisted in the negotiation and preparation of the contract, negotiation of the conveyance documents, and the coordination of the REMIC CMBS defeasance of the existing acquisition loan.
Stuart Lautin represented a real estate investment group based in New York City in connection with the acquisition of Three Rivers Apartments, a 371-unit multi-family property located in Fort Wayne, Indiana. Mr. Lautin assisted in the negotiation and preparation of the contract, review of the survey and title documents, negotiation of the conveyance documents, as well as negotiation of the securitized finance documents.
Andrew Botts advised a Texas-based real estate private equity fund on its simultaneous $7 million sale of multiple properties and complicated Internal Revenue Code Section 1031 like-kind exchange. Several of the fund’s partners wanted to cash out, while the remaining partners desired to pursue a 1031 like-kind exchange. Andrew Botts counseled on this complex tax restructuring that included, among other matters, partnership redemptions, allocations of taxable income, and Partnership Installment Notes (PIN).
The Higier Allen & Lautin team was led by real estate shareholder Stuart Lautin and tax associate Andrew Botts.
Thomas Kniest was selected for inclusion in the 2018 edition of “Texas Super Lawyers Rising Stars”, published by Thomson Reuters. Tommy practices primarily in the area of landlord/tenant and real estate litigation.
Stuart Lautin will give a presentation entitled “What You Don’t Know About Commercial Leasing” at the Commercial Lease Program sponsored by the North Texas Commercial Association of REALTORS® and Real Estate Professionals. The presentation will be held on September 29, 2016, at the offices of Republic Title of Texas located at 2626 Howell Street, 10th Floor, Dallas, Texas.
The Firm is pleased to announce that Michael Allen, Ryan Foster, and Jason Rodriguez have become shareholders of the Firm. Congratulations, Michael, Ryan, and Jason!
Jennifer Owen will give a presentation on Crises Response Plans for Property Management at the Fourth Annual Education Conference of the Apartment Association of Greater Dallas, to be held on January 14, 2016. The conference will be held at The Embassy Suites Hotel and Conference Center in Frisco, Texas.