The process of real estate deals, from start to close, is littered with tripwires and landmines. Without the expert guidance of a few good advisors, you may find your path to success stalled, or worse blown up! Joining us on the show today is Nick Moore, from Capital Law Group of Georgia and he is here to walk us through the most important points in the process, highlighting the pitfalls we should all circumnavigate towards profitable deals. Nick shares a little about his company and the work that he does with clients before diving into the nuts and bolts of today’s topic.
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Gene Trowbridge and Jonathan Nieh, founding partners of the top syndication firm Trowbridge Law Group LLP have a legal team with over 50 years of combined experience in real estate syndication and the practice of real estate securities law. Over this time Gene and his partners, in several past firms and currently, have helped clients raise close to $5.0 billion dollars in offerings by empowering entrepreneurs to raise capital legally. To learn more about Trowbridge Law Group LLP, visit our website at www.trowbridgelawgroup.com or follow us on Facebook, Instagram, or Twitter.
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We get into the hurdles that can be encountered early on, during financing and negotiations, and also during the closing period. Nick also reminds us of some of the issues that can arise post-close and gives some great advice about the kinds of deposits that can be hazardous to your deal’s health. With a wealth of expertise in this area of the business, Nick is a great resource, and employing someone of his caliber and skillset will surely serve you well going forward, tune in today to hear all about it!
Key Points From This Episode:
- An introduction to Nick and his career in real estate thus far.
- Getting an attorney involved to help guide you through the important documents for a deal.
- The transactional timeline and the common pitfalls that are encountered.
- Making sure to cover bases during the vital financing period.
- The closing of the deal; relationships with lenders and finalizing the documents.
- Preventing pitfalls of post-closing; avoiding bad debt and unnecessary lag time.
- Why Nick warns against good faith deposits and what can result from them.
- Nick’s thoughts on developing a high level of self-discipline.
- The daily habits that have helped Nick on his path to success.
- How consulting financial experts can improve your business today!
- The role that faith and family have played in the success that Nick has experienced.
- Nick’s ways for giving back — financial contributions to the church, food banks, and more!
- How to get in contact with Nick online.
[bctt tweet=”If anybody told you that you shouldn’t consult an attorney, that’s the end of the advice from that individual. — Nicholas G. Moore” username=”whitney_sewell”]
Links Mentioned in Today’s Episode:
About Nick Moore
Nick Moore is a commercial real estate and corporate attorney located in Atlanta, GA. Since 2012, Nick has been involved in real estate law in various forms, including acquisitions and refinancings with retail, fast food restaurants, multifamily real estate, and self-storage real estate. Having assisted clients with multi-millions in real estate deals, Nick guides his clients from the inception of the deal to post-close business matters and everything in between. Nick is also a general partner in commercial real estate and has assisted in the formation of private equity funds, limited partnerships, syndications, debt securities, and corporate structure revisions to accomplish his clients’ complex objectives. In 2020, Nick was selected by SuperLawyers as a Georgia Rising Star for the areas of Corporate and Business which is reserved for the top 2.5% of attorneys in the practice area. Nick lives in north metro Atlanta with his wife and son, and is expecting his second son in February of 2021. When he’s not taking down deals with his clients, he enjoys hiking, golfing, spending time at his church, and staying active in his faith.
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