Real Estate Finance

The Ragsdale Liggett real estate group has developed an excellent reputation for counseling institutional lenders and borrowers in a wide range of debt and debt-related matters. We counsel clients in connection with construction and permanent financing for real estate acquisition and development, refinancing, loan extensions and modifications, workouts and foreclosures. We represent clients in specific niche areas of real estate including student housing projects and the acquisition and development of federally leased facilities, both of which often involve mezzanine loans, ground leases or complex joint ventures with institutional investors providing financing. Our debt experience also includes projects financed with public funds.

We routinely assist clients with drafting and negotiating loan commitments, mezzanine loan documentation, loan agreements and loan modifications. We also counsel clients on the intricacies of North Carolina foreclosure law and receiverships.

Ragsdale Liggett represents institutional low-income housing tax credit (LIHTC) investors, lenders and general partner/developers in structuring, negotiating and documenting limited partnerships and limited liability companies for which the purchase of LIHTCs represents the most significant portion of the equity investment.

The transactions in which our clients have participated with our representation include state allocated LIHTCs and volume cap bond financed projects, for which LIHTCs are available without specific state housing finance agency allocation. Our firm provides due diligence review of all documentation for compliance with LIHTC requirements.