$16 million Sacramento, California Medical Building Real Estate Transaction

Michael Bernard Rover

Case Conclusion Date:July 26, 2012

Practice Area:Real Estate

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.