Skip to main content

The After Effects of Real Property Acquisition and Development


The typical acquisition is a fairly short process, where normally the parties involved walk away after closing. But sometimes the effects of an acquisition stay longer and linger on the buyer. After a deal has been made, the buyer owns the property and has to live with its flaws, while the seller can have some exposure to liability for non-disclosure, environmental contamination, etc. Satisfying the parties’ reasonable expectations in these areas is a major part of the negotiation that purchase agreements include. During the past couple of years, the general outlook on real estate acquisitions has shifted from the traditional point of view. Due to that, more and more often, we see potential buyers seeking guidance from real estate experts. Adam Hochfelder currently serves as the Consultant of Real Estate Acquisitions & Development at Merchants Hospitality, but prior to that he was one of America’s most famous real estate executives. Now he uses his industry knowledge and experience to guide clients through the acquisition process of real property, in every phase of the cycle.

Property Acquisition often involves a review of surveys and title reports, as well as documents recorded against title. Title and survey issues can sometimes be extremely complicated, and thus require an incredible attention to details, in order to assess the real-world impact of apparent title flaws. Adam Hochfelder provides services where additional value can be created by acquiring, developing and repositioning facilities in various markets.

If property is to be developed in conjunction with other parcels, then a Reciprocal Easement Agreement is usually required. This introduces the necessary access, parking, utility and other easements, and often can establish maintenance and payment obligations. Reviewing these agreements requires careful thinking and consultation with an attorney, to minimize the potential for. Once you see a property owner put a fence in the middle of a mall parking lot, you will realize that the concern is beyond simply theoretical.

Being a part of the real estate industry for such a long time, Adam Hochfelder has purchased land and developed many projects on his own and understands what it is like to work in the development trenches.

Comments

Popular posts from this blog

Adam Hochfelder

Adam Hochfelder was born 1971, and was brought up on Long Island, in Old Westbury, New York. He attended the University of Pennsylvania's Wharton School of Business, from which he graduated in 1993.

Mr. Hochfelder began his professional career while still in university, after his sophomore year, when he took on an internship position at Newmark and Co, a major real-estate services company.

In 1996, Mr. Hochfelder co- founded Max Capital Management Corp, and began building his commercial real-estate portfolio, that reached up to seven million square feet, measuring up to holdings of some of the most prominent real-estate magnates. In 1998, Adam Hochfelder was one of the youngest people ever selected to serve on the Real Estate Board of New York.

Thanks to Adam Hochfelder’s exceptional business management skills, his real estate investment firm in NYC reached over $3 billion in assets under management. Under Mr. Hochfelder’s stewardship the firm added some major acquisitions inc…

Real Estate Star Adam Hochfelder with a Mission Statement

After several hot years the real estate market is starting to move at a slower speed, but as a sign of encouragement real estate executive Adam Hochfelder has a message for the real estate agents. “A new opportunity can be brought out of every change; all you have to do is look for it”. This star of New York real estate business has stuck to this advice his entire life. Now that he is serving as the Managing Director of Real Estate Acquisitions & Development at Merchants Hospitality and a member of NYCDH, Hochfelder found a new way to train and educate agents and broker on how to build better relationships with their potential customers, and run their businesses more professionally in general.

Held online, without any financial reimbursement, his classes are small, with up to 20 agents, and in order to customize his advice and activities according to the agent’s level of experience. That’s why he usually forms smaller groups with similarly experienced agents. As part of his goal …

Becoming a Pro in the Real Estate Business

The rise of real estate comes as a direct result of a new type of quality on the market – mobility. Real estate executive Adam Hochfelder, concurs with this, saying that this may very well shaken the entire industry and that with the opportunities that our cell phones and other mobile machines (such as laptops) offer, it is no wonder. Many people are belive that they too can be a part of this industry and that they can do what other, more experienced people have been doing for decades now. One of the biggest reasons is that real estate is a promising branch in the industry, but unfortunately for all of these eager young minds – mastering this craft is not as easy as it seems… So being a professional here matters.

Luckily, nowadays there are specialized programs for real estate management and business academies that offer such studies, and give you the opportunity to learn how to manage and cope with every different aspect of real estate transactions. Through these specialized programs,…