Qualified Opportunity Zones: A Reciprocal Vehicle to Minimize Capital Gains

The recently adopted Qualified Opportunity Zone Program (QOZ), introduced in 2017’s Tax Cuts and Jobs Act, is emerging as a potentially significant federal economic development tool that could improve the outcomes of distressed communities throughout the United States. Through the… Read more

September 4, 2019 | Commercial Real Estate

Business and Commercial Real Estate Attorneys Named to the 2020 Best Lawyers® list and Receive the “Lawyer of the Year” distinction

Vandeventer Black LLP is pleased to announce that two of its Business and Commercial Real Estate (CRE) legal team have been included in the 2020 Edition of The Best Lawyers in America. Since it was first published in 1983, Best Lawyers has… Read more

August 28, 2019 | News

Commercial Real Estate Attorney Ray W. King Returns to Vandeventer Black

By Ray W. King

Vandeventer Black LLP is pleased to announce the return of Ray W. King to the firm’s Norfolk office as an Of Counsel attorney. King will continue to concentrate his practice on commercial real estate, real estate litigation, and commercial foreclosures.… Read more

August 15, 2019 | Hiring

Tools of Mutual Benefit: The Scope and Purpose of Lease Guaranties

By Richard J. Crouch

A guaranty is an agreement under which an individual (or entity) agrees to satisfy the underlying obligations of a primary obligor if such obligor defaults on the underlying obligation. With respect to a lease guaranty, the guarantor is often the… Read more

May 17, 2019 | Commercial Real Estate

Virginia and Fourth Circuit Case Summaries

By James B. Rixey III

In PNC Bank N.A. v. Dominion Energy Mgm’t Inc., 2018 U.S. Dist. LEXIS 62577 (E.D. Va. April 12, 2018), the Eastern District of Virginia held that an individual has the opportunity and capacity to read loan documents cannot avoid liability… Read more

January 18, 2019 | Commercial Real Estate

Letters Of Intent: Valuable Tools To Facilitate (Not Obfuscate) The Deal

By Richard J. Crouch

Most sophisticated commercial real estate (“CRE”) transactions, including leases, acquisitions, dispositions, joint ventures, and loans, usually start with a letter of intent (“LOI”). Depending on the transaction and the parties involved, lawyers may or may not be involved in preparing… Read more

January 11, 2019 | Commercial Real Estate | Mergers & Acquisitions

US Supreme Court Overturns Quill

By James B. Rixey III

In South Dakota v. Wayfair, Inc., No. 17-494, 2018 WL 3058015 (June 21, 2018), the United States Supreme Court upheld a law allowing the State of South Dakota to collect sales and use tax from out-of-state sellers, even if those sellers… Read more

June 25, 2018 | Commercial Real Estate

BUYING AT A FORECLOSURE SALE “DON’T LET A BARGAIN BECOME A BURDEN”

By Richard J. Crouch

Looming maturity dates (for which borrowers are not prepared to pay the remaining balance) or other monetary defaults of numerous commercial mortgages may present many opportunities for purchasing property on a discounted basis. With proper precautions and investigation, what appears… Read more

March 16, 2018 | Commercial Real Estate

Deborah M. Casey Selected as a 2018 Woman Leader in the Law

Vandeventer Black LLP AV® Preeminent-rated partner Deborah M. Casey was selected as a 2018 Woman Leader in the Law by The National Law Journal. Casey is a highly accomplished attorney who has also been recognized among ‘Influential Women of the Year’ by Virginia Lawyers… Read more

February 8, 2018 | News

Distilling the Development Deal: Avoiding Pitfalls of Handshake Agreements

By Richard J. Crouch

Your colleagues may have approached you about investing in a real estate development project or similar venture. If it is your first investment of this nature, you may wonder how to best memorialize the deal and which questions you should… Read more

September 6, 2017 | Commercial Real Estate | Corporate & Business Transactions

Commercial Real Estate