Liechty, McGinnis, Berryman & Bowen, LLP

Founded in 1989 by attorneys Lorne Liechty and Kevin McGinnis, Liechty, McGinnis, Berryman & Bowen, LLP (LMBB) is a Dallas-based law firm offering legal counsel to a wide range of clients in the corporate and commercial real estate industry, including locally focused and nationwide owners, investors, operators, and lenders.

LMBB’s real estate attorneys represent a broad range of clients – including lenders, borrowers, buyers, sellers, investors, developers, landlords, and tenants – in the areas of leasing, financing, development, entity selection and formation, restructuring, and acquisition and disposition of improved and unimproved commercial and residential properties.

To learn more, visit lmlawyers.com.

Commercial Leasing:

LMBB represents large and small commercial developers and tenants. LMBB attorneys are experienced in all types of leasing including office, retail, medical, warehouse, and ground leases.LMBB has considerable experience negotiating leases for large box retailers, as well as complex commercial mixed-use developments with significant office and retail components.

Commercial Lending:

LMBB attorneys represent large and mid-sized regional lenders, as well as borrowers entering into various lending arrangements. LMBB is skilled in negotiating a range of financing including real estate secured mortgages, non-recourse guaranties, mezzanine financing, construction loans, and permanent and mini-perm loans. LMBB negotiates and documents loans on behalf of lenders to provide valuable insight in advising borrowing clients on the state of the market.

Commercial Development:

LMBB represents developers of large mixed-use, shopping, office, multi-family, residential, and industrial developments. LMBB provides a seamless team approach in addressing any issues that arise in the development process, utilizing lawyers in multi-disciplinary practices including state and local tax, environmental, land use, and zoning.

LMBB has extensive experience working with institutional and private equity partners on joint ventures with operating development companies. We negotiate and draft documents governing all phases and aspects of the development process including purchase options/contract, ground leases, right of first refusal, reciprocal easement and restrictive use covenants, build-to-suit leases, reverse build-to-suit leases, subleases, economic incentive agreements with local governmental entities, sale/leaseback agreements, credit tenant leases, joint ventures, construction, mezzanine financing, and permanent financing.

Corporate Formations:

We assist clients in selecting, structuring, and forming their business entities, positioning them to effectively meet their goals. From a simple partnership to a complex joint venture to forming special purpose entities for real estate transactions, our attorneys can provide the direction and legal advice to set a business on the path to success.

Hospital & Medical Office Development:

LMBB is experienced in all aspects of hospital and medical office development. LMBB represents developers in negotiating the site acquisition, ground leasing, master leases, reciprocal easement agreements, and restrictive use covenants to ensure that the medical office building complements the existing hospital campus.

LMBB’s expertise in the unique regulatory requirements of healthcare providers' leasing and contractual arrangements allows us to effectively negotiate leases and subleases with physicians groups. LMBB attorneys also represent developers in the acquisition and development of assisted living, senior care, and drug and alcohol rehabilitation facilities.

Residential Development:

LMBB represents lot developers and home builders in all aspects of residential development including single-family subdivisions, multi-family housing, condominiums, master planned developments, and mixed-use residential developments.

LMBB attorneys assist clients in site acquisition, land assemblage, subdivision restrictions, lot sales, review and assessment of title, and survey issues.

Restructuring & Insolvency Transactions; Creditors’ Rights in Bankruptcy:

LMBB has expertise navigating the complexities of chapter 11 bankruptcy proceedings and advising clients whose customers or business partners may endure the challenges of insolvency and aggressive work-outs and restructuring transactions. LMBB advises landlords whose tenants commence chapter 11 bankruptcy.LMBB attorneys have represented buyers participate in a Section 363 asset sale process and chapter 11 plan of reorganization transaction.

Sale/Leaseback:

LMBB attorneys represent clients in negotiating and designing various structured finance transactions including “sales/leasebacks.” These transactions involve the negotiation of the purchase and sale of the property and the negotiation of the triple-net lease, the cornerstone to financing the transaction.

As part of this service, LMBB negotiates and prepares documents in connection with the financing of these transactions. LMBB also represents clients in the sale of assets acquired under sale/leaseback transactions in order to facilitate “1031 transactions” with buyers interested in a “like kind” exchange of assets.

Sales and Disposition:

LMBB negotiates and prepares all documentation in connection with the sale or disposition of real estate and other assets including contracts of sale and conveyancing instruments. LMBB attorneys review title and survey issues and work with title companies and surveyors to reduce encumbrances and exceptions to title policies. LMBB also negotiates financing terms and loan documents for buyers purchasing real estate.

Contact Liechty, McGinnis, Berryman & Bowen, LLP at 214.265.0008 or via email at [email protected].

Partners:

Emmett Berryman

Kristy Bowen

Daniel Denny

Nathan Entsminger

Lorne Liechty

Kevin McGinnis