Real Estate Law
Business Law Group specializes in advising commercial and residential community developers on a wide range of real estate matters including: commercial leasing, financing, title insurance, condominium regimes, historic tax credits, new markets tax credits, restoration tax abatements, and the purchase and sale of commercial and high end luxury residential property.
Whether you are just starting out as a first time residential flipper, tax sale purchaser or are already a seasoned real estate guru, having a knowledgable real estate attorney in your corner advising you on legal matters is a considerable advantage to building a solid real estate portfolio.
State and Federal Historic Tax Credits
The historic tax credit is an incredible tool in financing renovations of commercial property. BLG has significant experience in structuring HTCs deals and unwinding them after the holding period to avoid cancellation of debt income and other tax issues.
As a Fidelity attorney approved title producer, Amanda Butler Schley, has been issuing title insurance and closing real estate transactions since 2014. Named as one of Fidelity's top 25 producers in 2015, Amanda has taken great satisfaction in being a part of the redevelopment of New Orleans since hurricane Katrina.
Realizing that much of the materials needed to understand the Louisiana title insurance business was unavailable online, Ms. Butler authored a Study Guide for other attorneys sitting for the Title Insurance Exam and authored Basic Abstracting for Louisiana Property, all based on her years of experience in commercial real estate industry.
Restoration Tax Abatements
Another method of combating increasing construction costs and getting a project financed is to employ a restoration tax abatement (RTA) to offset increased tax costs from a renovation, allowing the RTA savings to add to a project's overall viability and profitability. Serving as RTA counsel to BlueGreen Club La Pension Home Owners Association, Amanda was able to save the timeshare owners over $550,000 in property tax assessments over a five year period after a substantial $6M renovation. In 2019, she successfully obtained an RTA for RSC Broad St, LLC which houses the corporate headquarters and commissary of The Ruby Slipper Cafe and Ruby Sunshine Restaurant Group.
Known for her expertise on RTAs, Amanda has presented on RTAs at both the New Orleans Bar Association and the National Business Institute. Her RTA presentation materials can be viewed here.
Listing Agent for Keller Williams
Amanda Butler is a newly licensed Realtor with Keller Williams in New Orleans, specializing in listing luxury residences and commercial properties.