Murphy PC Advises on Commercial Loan and Preferred Equity for 16-Unit Mixed-Use Condominium Development in East Boston, Massachusetts

August 15, 2024-Murphy PC represented the developer of a 16-unit mixed-use condominium development in a construction loan with a regional lender and in a joint venture agreement with an investor for preferred equity in the project, including negotiation of loan financing documents and joint venture operating agreement, title, zoning, lease and insurance due diligence, and closing matters.

Our client is an experienced developer operating an engineering and construction business for over 40 years managing, constructing and developing projects in all New England states.

Murphy PC is a law firm based in Boston, Massachusetts providing legal services to developers, entrepreneurs, investors, and lenders in real estate and business transactions, including project development, acquisitions and sales, joint ventures, construction contracts, financing, leasing, and title insurance in residential, mixed-use, condominium, multi-family, office, retail, education, industrial, hotel, retail and restaurant transactions.

News & Insights

Federal Legislation Incentives for CRE in 2025

August 25, 2025 | Author:  David J. Murphy Several sweeping changes have arrived for commercial real estate (CRE) investors, developers, and property owners following the July 4, 2025 enactment of the “One Big Beautiful Bill Act” (OBBBA). This federal legislation, together with the 2025 budget...

Addressing Tenant Alterations in Commercial Lease Negotiations: A Landlord’s Perspective on Silent Lease Issues

August 24, 2025 | Author:  David J. Murphy Alterations are among the most important aspects of commercial lease negotiations. While tenants may seek flexibility to adapt leased premises for their operational needs, landlords are equally concerned with preserving the value, structural integrity, and appearance of...

Key Contract Considerations in AIA A101-2017: An Owner’s Perspective

August 23, 2025 | Author:  David J. Murphy The AIA A101-2017 Standard Form of Agreement Between Owner and Contractor represents the most widely adopted construction contract framework in the United States. Developed through decades of industry collaboration, these documents provide a comprehensive structure for construction...