More than 200 results for “legal”
Legal N Illinois

Effectively using letters of intent in real estate negotiations

| Stephen J. Siegel

Before agreeing to a real estate sales contract or lease, the parties may prepare a letter of intent, term sheet or other form of preliminary agreement (together, called here an “LOI”). Generally, an LOI may be signed or at least initialed and reflects that the parties have agreed on certain important terms of a deal, though not on all of i…

Legal V Michigan

Commercial Real Estate Hall of Fame: Miller Canfield's Hodess

| Dan Rafter

Each week, REjournals.com highlights the career of one of its most recent inductees in the Midwest Real Estate News Commercial Real Estate Hall of Fame. Today, we look at the thriving career of Ronald Hodess, real estate group leader with the Detroit office of law firm Miller, Canfield, Paddock and Stone PLC.

Legal N Illinois

Bridge Development Partners hires first-ever general counsel

Bridge Development Partners has hired Daniel Hemmer as its first general counsel. Based in Bridge’s Chicago headquarters, Hemmer will oversee all of the firm’s legal functions, including real estate transactions, corporate and litigation. He will also be responsible for managing the company’s relationships with outside counsel and assuring …

CRE v Wisconsin

Commercial Real Estate Hall of Fame: Michael Best & Friedrich's Green

| Dan Rafter

Each week, Midwest Real Estate News highlights the career of a new member of its Commercial Real Estate Hall of Fame. This week, we look at the success of Michael Green, a partner with Madison, Wisconsin’s Michael Best & Friedrich LLP. Green is also project development and finance and public-private partnerships lead with the firm.

Industrial Midwest

Prologis to acquire Liberty Property Trust for $12.6B

Prologis and Liberty Property Trust have entered into a definitive merger agreement by which Prologis will acquire Liberty in an all-stock transaction, valued at approximately $12.6 billion, including the assumption of debt. The board of directors of Prologis and the board of trustees of Liberty have each unanimously approved the transaction.

Finance Midwest

Financing the new kids on the block: Co-living, cannabis and workforce housing

| Matthew Wurtzebach

As 2019 draws to a close, investor interest is growing in several emerging assets, including co-living, workforce housing and cannabis tenants. Matt Wurtzebach, senior vice president in the Commercial Finance Group at national real estate services firm Draper and Kramer, Incorporated, shared his thoughts with Midwest Real Estate News about …

CRE N Illinois

Cresa adds two advisors to its Chicago team

Tenant rep commercial real estate firm, Cresa, has added two advisors to its Chicago office, Addison Coll and Michael Neff. They will specialize in tenant site selection and business development, handling lease abstracts, financial analysis and market intelligence for assignments.

Legal i Ohio

Forbes Lovett elected to Ulmer & Berne's management committee

Mary Forbes Lovett, partner and chair of the Real Estate Practice Group at Cleveland-based law firm Ulmer & Berne, has been elected to the firm’s Management Committee. Lovett is one of two women serving on this seven-member committee, which is responsible for guiding the operations and strategic direction of the firm.

Finance Midwest

Cresa names chief financial officer

National commercial real estate firm Cresa has named Dave Metzger as chief financial officer. Metzger will lead Cresa’s finance team with a focus on financial reporting, long-term financial and strategic planning, and mergers and acquisitions as the company continues to expand and reach new markets.