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Michael Bernard Rover

Michael Rover’s Legal Cases

10 total

  • $16 million Sacramento, California Medical Building Real Estate Transaction

    Practice Area:
    Real Estate
    Date:
    Jul 26, 2012
    Outcome:
    Successfully closed escrow.
    Description:
    Represented buyer in a $16 million real estate acquisition of a single tenant medical building in Sacramento's growing medical district. The transaction included debt assumption from GE Capital including compliance with lender's counsel's complex requirements. Representation included transaction documentation, due diligence regarding condition of title, property condition, underwriting of tenant financial viability and capacity, and closing issues.
  • $13 million Tuscaloosa, Alabama Manufacturing/Office Facility Real Estate Transaction

    Practice Area:
    Real Estate
    Date:
    Aug 10, 2012
    Outcome:
    Successfuly closed escrow
    Description:
    Represented buyer in a $13.5 million real estate acquisition of a single tenant 156,000 square foot automotive component maunfacturing facility near Mercedes Benz's mafufacturing plant. The transaction included debt assumption from PNC Bank including compliance with lender's requirements including formation of a single purpose Delaware LLC and obtaining Delaware counsel legal opinion as to parent company good standing. Representation included transaction documentation, due diligence regarding condition of title, property condition, underwriting of tenant financial viability and capacity, and closing issues.
  • $7 million San Jose Medical Facility Real Estate Transaction

    Practice Area:
    Real Estate
    Date:
    Sep 19, 2012
    Outcome:
    Successfully closed esrow
    Description:
    Represented buyer in a $7.35 million real estate acquisition of a 37,000 square foot Kaiser Health System medical facility in San Jose, California. Representation included transaction documentation, due diligence regarding condition of title, property condition, and closing issues.
  • $11 million Troy, Michigan Tool Manufacturing Facility Real Estate Transaction

    Practice Area:
    Real Estate
    Date:
    Sep 12, 2012
    Outcome:
    Successfully closed escrow
    Description:
    Represented buyer in a $11.5 million real estate acquisition of a single tenant 81,600 square foot tool manufacturing facility in the metropolitan Detroit area. Representation included transaction documentation, due diligence regarding condition of title, property condition, underwriting of tenant financial viability and capacity, and closing issues.
  • $13 million Centennial, Colorado Research and Development Facility Real Estate Transaction

    Practice Area:
    Real Estate
    Date:
    Dec 19, 2012
    Outcome:
    Successfully closed escrow
    Description:
    Represented buyer in a $13.375 million real estate acquisition of a single tenant 88,000 square foot research and development facility in the greater Denver area. Representation included transaction documentation, due diligence regarding condition of title, property condition, underwriting of tenant financial viability and capacity, and closing issues.
  • $27 million Atlanta, Georgia North American HQ Office Building Real Estate Transaction

    Practice Area:
    Real Estate
    Date:
    Dec 21, 2012
    Outcome:
    Successfully closed escrow
    Description:
    Represented buyer in a $27.2 million real estate acquisition of a single tenant office facility serving as the North American Headquarters of a major international medical company in the metropolitan Atlanta area. Representation included transaction documentation, due diligence regarding condition of title, property condition, underwriting of tenant financial viability and capacity, and closing issues.
  • $18 million Tuscon, Arizona Major Insurance Company Regional HQ Office Building Real Estate Transaction

    Practice Area:
    Real Estate
    Date:
    Dec 27, 2012
    Outcome:
    Successfully closed escrow
    Description:
    Represented buyer in a $18 million real estate acquisition of a single tenant 129,000 square foot office building in Tuscon, Arizona serving as the western United States regional headquarters for a major insurance carrier . Representation included transaction documentation, due diligence regarding condition of title, property condition, and closing issues. All aspects of this transaction were completed on an extremely short schedule to accomodate a year-end closing to avoid the uncertainty of the "fiscal cliff" to seller. Significant monetary incentives were realized by purchaser for facilitating the expedited closing.
  • $16 million Dearborn, Michigan Office Building Real Estate Transaction

    Practice Area:
    Real Estate
    Date:
    Nov 30, 2012
    Outcome:
    Successfully closed escrow
    Description:
    Represented buyer in a $16 million real estate acquisition of a single tenant 114,000 square foot office building in the metropolitan Detroit area. Representation included transaction documentation, due diligence regarding condition of title, property condition, underwriting of tenant financial viability and capacity, and closing issues.
  • $6 million Troy, Michigan Insurance Intermediary Regional HQ Office Building Real Estate Transaction

    Practice Area:
    Real Estate
    Date:
    Apr 05, 2013
    Outcome:
    Successfully closed escrow.
    Description:
    Represented buyer in a $6.3 million real estate acquisition of a single tenant 56,000 square foot office building in Troy, Michigan serving as the regional headquarters for a major insurance intermediary organization. Representation included transaction documentation, due diligence regarding condition of title, property condition, and closing issues.
  • $31,700,000 Coachella, California Vacant Land Transaction

    Practice Area:
    Real Estate
    Date:
    Nov 01, 2007
    Outcome:
    Successfully closed escrow
    Description:
     Represented an Indian tribe in a $31.7 million land acquisition transaction regarding a critical 47 acre parcel adjacent to an Indian reservation and casino in Coachella, California. This key piece of land allowed the client to expand its gaming and hospitality operations adjacent to its existing casino. Representation included transaction documentation, due diligence regarding condition of title, property condition, transferring private land into trust with the Bureau of Indian Affairs, assisting with financing documentation, and closing issues.