James Oberholtzer, Chartered provides advice for the diverse and complex needs of the senior housing community through its inevitable economic cycle and constant regulatory and tax law changes. Our Firm works closely with developers, operators, land use planners, architects and engineers, lenders, title insurance underwriters and real estate brokers to ensure that projects are completed efficiently, timely and on budget.

Philosophically, the Firm believes “it is a gift to be simple” and strives for the virtues of a simple solution with the rare exception where complexity serves an essential purpose.

Services:

• General counsel functions: corporate compliance, finance, risk management, HR, tax, state and federal licensing.
• Mezzanine, construction and permanent financings of construction projects and acquisitions.
• Structuring development and investment entities, drafting business plans, and business formations including joint ventures, limited partnerships, limited liability companies and corporations
• Acquisition and development of land and real estate projects including design, construction and builder contracts, easement agreements, CC&Rs, environmental compliance agreements, construction and permanent financing and related development documentation
• Acquisitions, sales and exchanges of senior care facilities, apartment buildings, condominiums, coops and single family residences.
• Options to purchase and sale of senior care facilities, apartment buildings, raw land.
• Commercial and residential leases.
• Development and entitlement of raw land.
• Management of multi-family buildings.
• Sale/leaseback and like kind exchanges

Examples of senior housing representations:

• General counsel to affilated group of 16 senior housing facilities in Northwest USA;
• Acquisition, construction and mezzanine financing for acquisition of senior care facility of $6 million and construction of $18 million in improvements;
• Sales of senior care facilities ranging in value from $2 million to $28 million;
• Options for the purchase of 5 senior care facilities;
• Leases of 5 senior care facilities and related management agreements;
• Development and entitlement of 5 acre facility in Vancouver, Washington;
• $30 million construction of senior care facility and related cottages in Montana;
• Architecture, engineering and construction contracts ranging in value from $12 million to $20 million.