Deal Alert: Robert S. Migliorelli, Esq. closed a $20MM refinance on a warehouse in Linden, NJ
August 24, 2023
Mandelbaum Barrett PC Real Estate Partner, Roberto Migliorelli, Esq. recently represented a large owner and manager of industrial properties in NJ in the refinancing of a 275,000 square foot warehouse in Linden NJ for $20MM. Due to the unique nature of the deal, seven individual lenders were involved in assembling the financing. Learn more about […]
Lady Bird Deeds: A Different Kind of Life Estate
August 23, 2023
Life estates are ways for you to transfer property to another party while retaining the right to live there until you pass away, or some other event occurs. As the grantor of the life estate deed, you become a life tenant of the property. What Is a Lady Bird Deed? Lady Bird Deeds, technically known […]
3 Common Probate Questions: Estate Planning Basics
July 28, 2023
When people pass away, they leave behind assets, property and possessions that can have sentimental and real value for surviving family members and loved ones. Some assets transfer directly to heirs after a person’s death. These non-probate assets include payable-on-death bank accounts, insurance policies with designated beneficiaries, trust funds and jointly held assets with survivorship […]
Deal Alert: Owen T. Hughes represented seller in commercial property sale in Vineland, New Jersey
July 18, 2023
Mandelbaum Barrett PC Real Estate Partner Owen T. Hughes, Esq. recently represented the Seller of a 244,418 square foot commercial property located at North Mill Road, Vineland, NJ. The Sale Price was $21,000,000.00.
Deal Alert: Owen T. Hughes represented a developer specializing in medical office space in the acquisition and financing of 70,000 square feet in a building complex in Sewell, New Jersey
July 14, 2023
Owen T. Hughes, Esq. represented a developer specializing in medical office space in the acquisition and financing of 70,000 square feet in the building complex located at Hurffville-Cross Keys Road, Sewell (Washington Township), New Jersey. This space will be primarily dedicated for medical offices. The Purchase Price was $13,250,000.00; with acquisition financing, an amount of […]
Do You Need a Trust?: Estate Planning Q&A
July 6, 2023
According to the 2023 Wills and Estate Planning Survey by Caring.com, only 34 percent of Americans have an estate plan. The primary reasons respondents gave for not participating in estate planning are: An estate plan is a comprehensive set of legal documents and strategies that organizes assets for a person’s death or disability. Trusts are legal arrangements […]
Joshua Gorsky and Michael Lipari co-author article for ROI-NJ titled “As Vacancies Mount in N.J., Options are Available for Stagnant Properties”
April 24, 2023
“As pandemic restrictions ease and life resumes a sense of normalcy, owners of commercial real estate shouldn’t be lulled into a false sense of comfort. As a result of lingering work-from-home policies, exploding interest rates and a change in overall demand for space, vacancy rates for office buildings in New Jersey are on the rise.” […]
Real Estate Deal Alert: Michael Lipari, Esq. Recently Represented North Jersey Charter School in Expansion
April 20, 2023
Deal Alert: Mandelbaum Barrett PC Real Estate attorney, Michael J. Lipari, Esq., recently represented an expanding North Jersey charter school in connection with a $7MM loan with a regional bank to assist with the school’s expansion in Passaic County, New Jersey. The deal involved a refinance and line of credit with cross-collateralization of existing assets. Learn more […]
How to Become a Legal Guardian in New Jersey
March 20, 2023
Becoming a legal guardian in New Jersey can be a complex and time-consuming process, but it can also be a rewarding experience for those dedicated to providing care and support to individuals who are unable to make decisions for themselves. When Guardianship Becomes Necessary In New Jersey, guardianship may become necessary when an individual cannot […]