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ABA Section of Real Property, Trust & Estate Law

Community Outreach Program

Chicago Community Outreach Program, A Real Estate Law Educational Program

Presented by….

The American Bar Association’s
Section of Real Property, Trust
and Estate Law
in conjunction with:

The Arab-American Bar Association,
Asian American Bar Association,
Black Women Lawyers Association of Greater Chicago, Inc.,
Chinese American Bar Association,
Cook County Bar Association,
Hispanic Lawyers Association of Illinois,
Indian American Bar Association of Chicago,
Korean American Bar Association,
Lesbian and Gay Bar Association of Chicago,
and Puerto Rican Bar Association

Where

American Bar Association
321 North Clark Street
Chicago, IL 60654

Dates

Program held on the following Wednesday nights:
February 11, 18 and 25
March 4, 11, 18 and 25
April 1, 15, 22 and 29
May 6

time

6 – 8pm

Cost

$24.00
($1.00 per CLE
credit hour)

Written course materials will be provided and CLE credit is available.

The course is designed for beginning/intermediate
real estate practitioners, and will be taught based on
the following curriculum:

DEVELOPMENT OF A MIXED-USE OFFICE AND RETAIL PROJECT Factual situation:

Your client has located a downtown Chicago parcel which it wishes to acquire. The client proposes to construct a mixed-use office, garage and retail facility on the site. The client has not decided whether to seek a joint venture partner to provide capital and/or other resources for the project. The client also has not decided whether it should hold the improved property as a long-term investment, or sell all or a portion of it to an institutional investor after it is built and leased. You have been asked to represent the client in all aspects of the development.

Click Here to
Download Registration Form

Space is Limited!

Please contact Hillary Clark at (312) 988-5683 or clarkh@staff.abanet.org
for registration forms and additional information

This course is subject to cancellation or
change without notice

Program Resources

Course Outline

Week 1:
The economics of real estate development—the goals and objectives of the real estate developer
(speaker will be a developer)
Week 2:
Negotiating the Contract on behalf of the Buyer
Week 3:
Due diligence, title and survey
Week 4:
Entity formation and joint venture issues
Week 5:
Retail and office leasing-creating the lease forms; negotiating the leases
Week 6:
Governmental benefits, zoning and approvals
Week 7:
Permanent Financing - Institutional loans and conduit loans
Week 8:
Construction Financing
Week 9:
Construction Issues; construction draw process; liens
Week 10:
Design and construction documents
Week 11:
Issues of ownership; real estate taxes; property management; special circumstances
Week 12:
The ethics of documenting and negotiating commercial real estate transactions

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