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Practices + Industries

Real Estate and Lending Transactions

Overview

Turner Padget has a long-standing history of facilitating complex commercial transactions. We represent lenders, developers and equity investors throughout South Carolina and assist them with coordinating their transactional needs in other states. Our lawyers have extensive experience in the areas of real estate development, finance, construction and leasing, including mixed use, hotels, industrial, office, shopping centers, multi-family, agricultural and residential subdivisions. Additionally, we provide efficient representation for many other types of commercial transactions, such as asset based lending, equipment leasing, and joint ventures. 
 
Members of our team regularly provide lender’s counsel services to national and regional lenders, including banks, insurance companies and non-institutional lenders, both as general counsel and as local counsel. Further, our team has considerable experience dealing with distressed debt, and routinely structures commercial loan workouts, modifications, forbearance agreements, deeds in lieu of foreclosure and sales of commercial paper. 
 
Turner Padget’s lawyers handle all aspects of real estate development, including acquisition, disposition, subdivision, zoning, restrictive covenants, and horizontal property regimes. We also assist clients with tax planning for real estate, including 1031 exchanges, economic incentives and entity structuring.

Representative Engagements

  • Serve as local lenders' counsel for a national insurance company in connection with a number of commercial real estate loans in South Carolina.
  • Counsel to a large South Carolina bank handling lending and finance representation in complex commercial transactions.
  • Lenders' counsel for agricultural bank in connection with a bond issue and operating loans to a large soybean processing company.
  • Lenders' counsel related to financing of construction loans for multiple assisted-living and nursing home facilities in South Carolina.
  • Counsel for numerous real estate developers for commercial, residential and mixed use projects.