Recent Commercial Projects

April- June, 2011

Formation of Dogwood Professional Plaza of South Tryon Condominium

Description:Drafting and Filing of commercial office park condominium with nine units.

Declarant (Client):Dogwood Professional Plaza of South Tryon, LLC

Location: NC Highway 49 (off of Carowinds Blvd.) Mecklenburg County, North Carolina

Closing of Construction Loan

Description: Closing of a construction loan for the construction of a veterinary hospital.

Borrower (Client): CH & KC Properties, LLC, leased to Carolina Veterinary Services, Inc.

Lender: First Citizens Bank.

Location: 3.71 acres, Campus Ridge Road, Stallings, Union County, NC.

Construction Loan Amount: $3,500,000.00.
Comments:This will be the 5th location for Carolina Veterinary Specialists, Inc.

Website:http://www.carolinavet.com/index.cfm

Additional Capital Loan- Greenway Commons Apartments

Description:Closing of additional capital loan for Kuester-Greenway Company, LLC

Lender: Queen High Country Bank, Boone, NC

Loan Amount:$65,000.00.

Comments:Venture owning off-campus student housing in Boone, North Carolina.These apartments are available for lease and convenient to bus lines to Appalachian State University's campus.

Website:http://www.greenwaycommons.com

Sale of Mineral Rights

Description:Seller representation of sale of mineral rights

Seller: Collision Properties, LLC

SaleAmount:$250,000.00.

Location: 250 acres, Clark County, West Virginia

Purchase of Real Property

Description:Buyer representation and closing of real property, including a formerly active golf course, for commercial cattle operation.

Buyer (Client):Cedar Lake Farm, LLC, leased to River Taw Farms, LLC.

Seller Parcel #1:Pine Grove Golf Club, Inc.

Location:186.346 acres, 1101 Costner Road, Shelby, Cleveland County, NC.

Purchase Price:$1,000,000.00 (including certain personal property)

Seller Parcel #2:Bobby Lee Lowman, and Angela Dixon Lowman, et. al.

Location:30.218 acres, Hendrick Lake Road, Cleveland County, NC.

Purchase Price:$122,000.00

Comments:Additional real property in Cleveland County purchased for River Taw Farms, LLC, which is raising grass-fed, Black Angus cattle.For further information on purchasing premium grass-fed beef from the farm (available end of 2010), see website below.

Website:http://www.rivertawfarm.com/

Purchase of Real Property

Description:Buyer representation and closing of real property.

Buyer (Client): Grange Properties, LLC

Seller Tract #1:Lifespan Incorporated

Location:22.36 acres on Kidd Lane, Mecklenburg County, North Carolina

Purchase Price: $375,000.00

Seller Tract #2:CSMC Mortgage Backed US National Bank Association

Location:11.128 acres on Kidd Lane, Mecklenburg County, North Carolina

Purchase Price:$299,900.00

Real Estate Purchase Contract Review

Description:Review of purchase contract for commercial real estate for a dental practice.

Buyer (Client):Kavi Sagunarthy, DDS

Seller:Gold Hill Associates, LLC

Location:2,500 sq. ft. (four condominium units) in Gold Hill Commerce Park Horizontal Property Regime, Gold Hill Road, York County, South Carolina

Purchase Price: Confidential