Areas Of Practice - Condominium Development & Financing

Condominium Development & Financing

The real estate development lawyers of McShane & Bowie have decades of experience with the issues surrounding condominiums and condo development, and are committed to helping you reach your goals – efficiently and effectively.

Each type of condominium requires a specific legal framework encompassing every aspect of construction and sale. For simple "exclusive" private ownership condos, undivided “shared ownership” condos, or more complex arrangements, our real estate development attorneys work closely with developers every step of the way to produce optimal results. We have extensive experience with mixed use condominiums and with the creation and coordination of condominiums within condominums.

Condominiums are increasingly popular among developers because they carry special legal status - site condominiums, in particular. The 1967 Michigan Subdivision Control Act, which governs development in Michigan, has a provision favorable to site condominium developers. Site condos can be built with less expense and with fewer complications than other development projects, provided the developer retains a skilled real estate attorney for guidance.

Since the real estate lawyers of McShane & Bowie began their real estate practice in 1952, they have helped numerous businesses develop condominium projects. Our attorneys can help you negotiate condominium construction loans to finance construction, and counsel you on the conversion of the loan to permanent financing when the project is completed, if necessary. We handle condo conversions, and have extensive experience altering an existing building's ownership structure.

Few real estate law firms in Michigan have the reputation for professionalism and service that we have developed in over 50 years of practice. We provide the skilled and experienced counsel of a large law firm, with the attentive and responsive service that only a real estate boutique firm can provide.

Our attorneys experienced in condominium development include:

Our lawyers provide effective legal and business advice to clients throughout the State of Michigan including in cities such as Grand Rapids, Kalamazoo, Lansing, Detroit, Ann Arbor, Holland, Muskegon, Flint, and Traverse City.  We also regularly represent clients located in smaller cities or rural areas as well as from cities and states throughout the United States.  Many of our clients do business across the United States and abroad.