Real Estate Law
- Residential real estate closings: We represent buyers, sellers and lenders in residential real estate
closings, including, co-op apartments and condominiums - Commercial real estate closings: We represent buyers, sellers and lenders in commercial real
estate transactions.
Commercial Sale and Purchase of businesses, including, restaurants, grocery stores, laundromats,
shopping centers and other commercial buildings.
No law firm is more user-friendly or accessible. Phone calls and emails are returned immediately. Undaunted by special needs, we attend closings whenever and wherever necessary. Thompson Law Group, P.C. also have extensive dealings with most major and many private lenders.
Real Estate Financing + REITs
We represent developers, investors, lenders, investment banks, pension funds, real estate investment trusts (REITs), domestic investors, major corporations and individuals, we structure, negotiate, document and close a wide array of real estate financing transactions in the New York and New Jersey. We structure and close financing for the development of condominiums, cooperatives and restaurants, grocery stores, shopping centers, large apartment buildings and we have experience with a wide variety of financing vehicles, such as:
- Commercial mortgage-backed securities (CMBS) loans
- Credit-tenant financing
- Forward loan commitments
- Letters of credit issuances
- Loan participation and syndication
- Loans secured by credit and ground leases
- REITs
- Revolving lines of credit
- Sales and exchanges, including like-kind and tax-free exchanges
- Single-mortgage loans secured by one or more commercial or multifamily properties
Understanding Foreclosure Defense
The economic troubles of the last few years have left an increasing number of Americans in dire financial straits—particularly homeowners who have found themselves locked into adjustable rate mortgages or other subprime loans. Decreased wages or increased interest rates can make it difficult for even the most financially cautious individuals to stay up-to- date on their property payments. Foreclosure is what happens after borrowers fall several payments behind on their mortgage payments and a lender initiates a legal process to sell off one’s home. The process begins when a person receives a court summons that outlines the lender’s complaint or reason for seeking legal action. From this moment on, time is of the essence; if a homeowner delays in responding to the summons, he or she may forfeit valuable legal rights.
Our Foreclosure Lawyers Review All of Your Options
When a homeowner comes to our office looking for a foreclosure lawyer, often they are behind on their mortgage payments or already in foreclosure. We make sure to take our time and evaluate their all their options. There are two key options are available to stop a foreclosure: (1) opposing the lender’s foreclosure proceeding in state court (this is referred to as Foreclosure Defense) or (2) filing for bankruptcy in federal court. Thompson Law Group, P.C. has great foreclosure case success rates in the New York and New Jersey.
Thompson Law Group, P.C., has more than 20 years of experience assisting homeowners facing financial difficulty. Upon contacting us, a foreclosure attorney will review your case as well as evaluate your foreclosure defense and mortgage modification options. We will also look to see if a lender has violated any notice requirements, the Truth in Lending Laws or has committed offenses detailed in New York State’s Unfair and Deceptive Practices Act or filed any fraudulent and/or misleading documents. If you are struggling beneath the threat of foreclosure or just finding it hard to make your mortgage payments on time, please do not hesitate to contact our office by phone at (646) 861-0327 to arrange for a free phone consultation.