Commercial Real Estate Transaction
Real Estate

Commercial Real Estate Transaction

Facilitated $45M commercial property acquisition, resolving zoning disputes and environmental compliance issues.

Date
September 2024
Duration
15 months
Outcome
Successful Acquisition
Client
Real Estate Development Firm
Location
Lagos, Nigeria
Value
$45 million

Case Overview

Our real estate team successfully guided a major commercial property acquisition involving a $45 million mixed-use development project. The transaction required resolution of complex zoning disputes, environmental compliance issues, and intricate financing arrangements across multiple stakeholders. We navigated regulatory challenges and negotiated favorable terms for our client.

The Challenge

Resolving zoning variances, environmental compliance issues, and coordinating complex financing arrangements while meeting tight development timeline constraints.

Our Approach

  • Conducted comprehensive due diligence on property and zoning
  • Negotiated zoning variance approvals with local authorities
  • Coordinated environmental impact assessments and remediation
  • Structured complex financing arrangements with multiple lenders
  • Managed stakeholder coordination throughout acquisition process

Results Achieved

  • Successful property acquisition within budget and timeline
  • All zoning variances approved as requested
  • Environmental compliance achieved without delays
  • Favorable financing terms secured
  • Development project commenced on schedule

Case Timeline

June 2023
Initial property identification and analysis
August 2023
Due diligence phase initiated
November 2023
Zoning variance applications submitted
February 2024
Environmental assessments completed
June 2024
Financing arrangements finalized
September 2024
Property acquisition completed

Case Documents

Property Acquisition Agreement
PDF3.8 MB
Zoning Variance Documentation
PDF2.2 MB
Environmental Compliance Report
PDF4.1 MB

Client Testimonial

"A.O.S. Hodonu & Co. made what seemed like an impossible acquisition possible. Their expertise in real estate law and regulatory navigation was exceptional."
David Chen
David Chen
CEO, Metropolitan Development Group

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