William Sylvester’s prompt service and attention to detail have been the standards of his more than 30 years of work in the federal tax and real property areas of the practice. He is a fellow of the American College of Real Estate Lawyers (ACREL) and is active in local, state and national bar associations. Bill has extensive experience in a wide variety of real estate-related transactions.
Some of the diverse matters he has recently handled:
- Sale, development, financing and disposition of multifamily properties;
- Choice of entity considerations in the acquisition of real estate;
- Advice about the tax and real estate considerations in distressed property transactions;
- The negotiation of various property management agreements;
- The effect of the Real Estate Mortgage Investment Conduit (REMIC) provisions;
- Representation of donors in charitable conservation gifts of real property; and
- University of Virginia School of Law, J.D., 1978
- Georgia Institute of Technology, M.S.O.R., 1976
- University of Alabama, B.S., 1975, cum laude, Phi Beta Kappa
ADMISSIONS : Alabama, 1978
- Represent a client group involved in a variety of retail and office projects, as well as a mountaintop traditional neighborhood, planned around a golf course community.
- Represent a company in all aspects of its business operations with a primary focus on the ownership and management of golf courses. The client operates 11 golf courses which include designs by Jack Nicklaus, Arnold Palmer, Jerry Pate and Fred Couples. Represented this client in transactions related to the purchase, marketing and sale of residential communities adjacent to three of these golf courses.
- Represented an apartment holder, developer, builder and owner which owns 4,000 residential units in the southeast. Provided counsel regarding the sale of 2,500 apartment units, representing an aggregate value in excess of $160 million.
- Represented affiliated companies which owned and managed 2,200 apartment units. Provided strategic advice and worked with the client to reduce the client’s investment in CMBS-units. In late 2007 and 2008, two properties were sold for $67 million, with $47 million of CMBS debt assumed by the buyers.
Professional Honors & Activities:
- Member – American Bar Association
- Real Property, Trust and Estate Law and Taxation Sections
- Forum on the Construction Industry
- Member – Birmingham Bar Association
- Member – Land Trust Alliance
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