Regina E Schneller

Practice Details

• Firm Information
  Position

  Partner

  Firm Name

  Greenbaum, Rowe, Smith & Davis LLP
• Representative Cases & Transactions
  Transactions

  Representation of the borrower in a $2 million mortgage loan refinancing of an industrial building. Acted as local counsel in multiple purchase transactions and specifically advised on issues relating to the New Jersey realty transfer fee, mansion tax and controlling interest transfer tax. Representation of a family in the sale of commercial property. Over many years, the family had transferred interests in the property via wills and trusts, which resulted in complex analysis of ownership of the commercial property at the time of sale. The numerous transfers by family members were not documented by deeds. Handled the financing and title issues related to the acquisition of the real estate for an automobile dealership in Wall Township. Ms. Schneller played a key role in one of the largest portfolio sales of industrial real estate to be completed in New Jersey in several years as a member of the firm’s real estate team representing affiliated entities of Avidan Management LLC as the sellers of approximately 2.6 million square feet of office and warehouse space located in South Brunswick, Edison, Elizabeth and Bayonne. The high-value transaction, which closed in late August 2012, involved the acquisition of a nine-building portfolio of properties, including office, light industrial, cold storage and bulk distribution space, by Cohen Asset Management Inc., an industrial and commercial real estate investment firm. The firm’s team negotiated five power purchase agreements covering over 6 MWs of solar production on behalf of Avidan, a leading solar developer in the New Jersey market who has worked closely with our real estate group on a number of alternative energy projects in the past. The deal was closed in 2012 and the project led to the team being named Finalists for the Industrial Deal of the Year by NAIOP New Jersey Chapter in 2013.