Increased Competition Is Causing Attorneys to Implement ‘Creative Strategies’ in Transactional Work

The role of attorneys is changing during real estate transactions, many of which now require more out-of-the box thinking to help clients develop strategies to improve assets such as residential condos, mixed-used retail and multifamily developments, shopping centers, hotel condos, warehouses or vacant land.

Here’s how the practice area is changing, according to veteran commercial real estate attorney Fernando Garcia, who’s a founding partner with Pena Garcia & Diz in Coral Gables. Below, he discusses what strategies and trends he’s implementing and seeing others use to successfully close real estate transactions.