Real Estate Developers

Guiding Developers Through Design and Construction 

It is an exciting time for Chicago! Each day real estate developers reinvent our city through a wide variety of exciting projects. From refreshing the Loop, to expanding our River North and West Loop playgrounds, to countless other projects in the city and suburbs, they make Chicago a premier city to work and play.  

None of this is easy. Developers are a unique breed of entrepreneur. They turn vision into reality. They know the numbers, and seek the sweet spot of risk and reward. They do what other people cannot or will not do, often making highly-leveraged bets to pursue opportunity. Chicago owes much to its real estate developers.    

Construction attorneys and real estate attorneys – while both important – have different skill sets. Jeremy helps developers achieve their vision through creative project structuring, smart contracts, and proactive dispute avoidance. Having represented most players in the design and construction industry, he has the knowledge, insights, and experience to help developers build – from project inception to final completion.

Dispute Avoidance and Resolution

The promise of a jury verdict – years away – often rings hollow for developers with debt to service, leases to honor, or plans to take completed projects to market. Fortunately, many construction project disputes can be avoided, or minimized, with early and real-time proactive intervention.  

Jeremy comes from the school of ‘nip-it-in-the-bud.’ However, he stands ready to protect developers in mediation, arbitration, and litigation when that is in his clients’ strategic interests. Even during arbitration and litigation, his focus is always on early, cost-efficient dispute resolution.  

He has represented prominent national and Chicago-based developers in:

  • Managing extensive change order requests and project delays in real-time.
  • Completing distressed projects involving bankruptcy filings, mechanics liens, cost overruns, injunctions, delay, and claims against surety bonds.
  • Prosecuting design and construction defect claims against architects, engineers, contractors, and design-builders in order to maximize recoveries. 
  • Specialty projects, including the defense of a prominent wind farm developer from a constitutional challenge to its special use zoning approvals.
  • Defending against claims brought by buyers and condominium associations.

Enhancing the Project Vision

We understand the various project delivery method options and can advise developers on the pros and cons of each. We counsel clients regarding:

  • Design-build, design-bid-build, multiple prime contractor, construction manager at risk (CMr), construction manager as advisor (CMa), and other delivery methods.
  • Pricing methods including fixed fee, guaranteed maximum price (GMP), not-to-exceed (NTE), time and materials (T&M),  unit pricing, and others.
  • Creative solutions like fast-tracking or phasing projects to allow the design and construction efforts to strategically overlap. 

We love helping real estate developers deliver projects on time, on budget, and without avoidable disputes. To learn more, contact Baker Law today.

Construction attorneys and real estate attorneys - while both important - have different skill sets.

Construction attorneys and real estate attorneys – while both important – have different skill sets.