Commercial Real Estate
COMMERCIAL REAL ESTATE
Like many aspects of modern business, commercial real estate transactions can be highly complex and the potential for financial rewards is often tempered by possible risk. A well-considered legal strategy can help builders and investors preserve the value of commercial real estate ventures.
McMillan’s Commercial Real Estate lawyers serve a range of organizations, to help investors and developers maximize value, manage and share risk, enhance investment returns and create favourable tax structures for a wide range of commercial real estate initiatives. Our commercial real estate lawyers have expertise in development, environmental regulation, leasing, municipal and land use planning law, as well as real estate financing, acquisitions and divestitures, allowing us to close deals effectively and efficiently.
We work with a wide range of developers seeking to acquire and develop real property, including residential, commercial, resource development projects and large-scale infrastructure programs. We also work with municipalities and governmental bodies to ensure their interests are protected in major development projects. Our services include: providing counsel on pre-development options; advising on optimal investment vehicles and structures; counseling on land acquisition and financing; assisting with dispute resolution and/or litigation with nonperforming suppliers, buyers and other third parties.
REAL ESTATE ACQUISITIONS & DIVESTITURES
McMillan LLP is one of Canada’s leading real estate acquisition and divestitures law firms, recognized for helping companies maximize the value potential of their commercial real estate portfolios while mitigating risk.
McMillan is routinely called upon by top commercial real estate industry players for counsel on maximizing the value of their real estate acquisitions and divestitures in Canada. We have the experience and astute knowledge of the law necessary to advise clients on all facets of property acquisition and divestiture, including real estate, tax, environmental, and corporate and commercial matters. Our lawyers’ experience comes from regularly acting on behalf of major publicly traded real estate companies, financial institutions, pension funds, land developers and Real Estate Investment Trusts (REITs) on large commercial property acquisitions and dispositions.
REAL ESTATE LAND DEVELOPMENT
Our Commercial Real Estate Group represents commercial and residential developers, as well as builders engaged in the development of high-rise, low-rise and multiphase residential, commercial and mixed-use condominium and rental projects.
We advise our clients in all aspects of the negotiation and drafting of development agreements with municipalities and neighbouring property owners. We also provide title opinions as required for construction financing and help with the satisfaction of municipal development conditions.
Our New Homes and Condominium team, a specialized area of our Commercial Real Estate Group, assists residential developers at every stage of the condominium development life cycle, from project launch to closings and board turnover.
Our client-base is broad and diversified. While we act for some of Canada’s largest residential property developers, we are trusted advisor to smaller developers and builders, requiring sophisticated and creative solutions for their complex urban developments.
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Ontario Passes Amendments to Construction Act Following Independent Review
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Conference – Expropriation 2.0: Navigating the New Rules
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September 2024 Update: New Fees for Real Estate Developers
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Sep 6, 2024
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Ontario’s updated 2024 Provincial Planning Statement Comes Into Effect October 20, 2024
On August 20, 2024, the Province of Ontario released the updated Provincial Planning Statement (PPS) following a lengthy period of consultation.
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The Competition Bureau Goes Property Hunting (in Search of Anticompetitive Leases)
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RIP CDOR 1986-2024: A Recap of CDOR’s Final Days
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AI Data Centre Development in Alberta
AI is on the rise and data centres are needed. Alberta provides unique opportunities to develop AI data centres and McMillan has the expertise to get it done.
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