Real Estate and Land Use
The Charleston Group maintains one of the leading real estate and land use practices in the state of North Carolina. Our experience with these matters, combined with our expertise in administrative and regulatory law, business law, tax law and related areas, enables us to provide the full range of legal services to our business clients.
We regularly assist developers, lenders, insurers, property owners, public authorities and non-profit agencies in drafting contracts, preparing leases, negotiating funding, conducting due diligence investigations, arranging environmental impact studies, and a wide range of other services. We keep tabs on state and federal regulatory agencies and advise our clients on new regulations that may affect current or future projects.
Our legal team has special strength in the areas of affordable housing and community economic development. We have helped to secure $2 billion in capital financing for these projects, helping to build everything from schools to civic centers. We can also help you find novel ways to secure funding for mixed-income and mixed-use projects, including low-income housing tax credits, tax-exempt and taxable bonds, and community development grants.
As your projects move forward, our land use, planning, and zoning team can lead you through the increasingly intricate regulatory maze. Our clients benefit from the firm’s close relationships with state and local planning departments as well as our up-to-the-minute regulatory knowledge. As a result, we are often called to assist with matters relating to zoning approvals and entitlements, condemnation cases and annexation disputes, and the negotiation of tax incentives.
- Acted as counsel or co-counsel for more than $2 billion in successful bond financing for affordable housing and community economic development
- Counsel to Fayetteville Metropolitan Housing Authority in connection with the $20 million Hope VI Grant used to finance the acquisition and construction of affordable housing utilizing low-income housing tax credits, tax-exempt and taxable bonds, and grants. Fully leveraged, the Hope VI grant created more than $100 million in revitalization and new development activity
- Counsel for Fayetteville Metropolitan Housing Authority in connection with numerous HOPE VI projects, including Fayetteville’s Old Wilmington Road Neighborhood, Curtis Lane Apartments, and Alfred Lane Senior Apartments