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.
Deals and Cases
Insights (10 Posts)View More
The concept of overholding is often misunderstood and deserves more attention in commercial leases, given the significant consequences for landlords and tenants.
Bill C-56 introduces amendments to the Competition Act, which are described as addressing rising grocery prices, but which have much broader implications.
Director Liability: The Corporate Veil May Not Be Pierced, But It Will Not Protect You From An Oppression Remedy Claim
Directors may face personal liability through a piercing of the corporate veil, or the oppression remedy. This article covers when either is appropriate.
This article explains the process and implications of heritage classification, and discusses the recent classification of Chinatown’s core.
We identify best practices that contractors and others providing construction services should adopt to avoid missing lien periods in Ontario.
Commercial Real Estate Conference – Environmental Management of a Real Estate Development Project: How to Avoid Surprises?
Our Commercial Real Estate, Environment and Litigation teams, in collaboration with Nvira, a multidisciplinary engineering consultancy firm in environmental sciences, will discuss possible solutions at our next conference.
This bulletin explores the duty of good faith in commercial leasing through a summary of recent cases and their takeaways for landlords and tenants.
All remaining tenors of USD LIBOR ceased being published on June 30, 2023; synthetic USD LIBOR and the LIBOR Act are available for legacy contracts.
This article goes over the reporting obligations applicable to owners of large buildings in Montréal.
Government of Canada Seeks Input on Updating Canada’s Anti-Money Laundering and Terrorist Financing Regime
The Government of Canada has launched public consultations on updating Canada's anti-money laundering and terrorist financing regime.
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