Michael F. Corbett

Mr. Corbett is a member of the firm’s real estate transactions team, representing clients on a broad range of real estate transactions involving commercial, residential, common interest developments, retail and land deals. His areas of concentration include property acquisition and disposition, development deals, commercial and residential leasing, CC&Rs, bylaws, rules and regulations for residential and commercial owners’ associations, TIC agreements, shoring and underpinning agreements, easement and license agreements, lot line adjustments, construction contracts, transferable development rights agreements, financing agreements and a variety of deed work.

Mr. Corbett has a specialized focus on subdivision and condominium law, advising clients of the legal requirements and regulations imposed on residential and commercial common interest developments. This area of expertise extends to all stages of development and operations germane to condominium projects, from subdivision and mapping requirements under California’s Subdivision Map Act to day-to-day operational issues confronting owners’ associations. Mr. Corbett’s practice also reflects a thorough command of the statutory frameworks established under the Davis-Stirling Act and the Commercial and Industrial Common Interest Development Act, as well as the regulatory scheme of California’s Department of Real Estate. For new condo projects, this deep expertise allows Mr. Corbett to assist developer clients in the formation of legal entities for a project’s initial declarant and owners’ association, preparation of governing documents (such as CC&Rs, bylaws and association rules and regulations), and the processing of Public Report applications, when required, and the DRE’s approval and issuance of the same. For existing and operating condo projects, Mr. Corbett represents owners’ associations and/or its members with governance and compliance issues, such as making necessary amendments to governing documents to account for changes in law, and participating in dispute resolution proceedings.

Mr. Corbett’s practice also extends to corporate governance and compliance issues related to formation and organizational matters for companies with real estate interests and holdings.  Examples of this area of focus include preparing articles of organization/incorporation, company bylaws, operating agreements, shareholder agreements, board resolutions and other forms of corporate agreements and contracts.

Mr. Corbett is a 2013 graduate of the Golden Gate University School of Law, where he was the recipient of the CALI Excellence award for Secured Transactions. He is a graduate of the University of California, Santa Barbara, where he earned a B.A. in Political Science.

NOTABLE CLIENTS AND PROJECTS

SHVO – Due diligence for $650MM acquisition of historic Transamerica Pyramid Center

Tishman Speyer Properties – Preparation of CC&Rs and governing documents for MIRA, a 400-unit mixed-use condominium development in SOMA; general transactional work across portfolio of San Francisco condominium projects

Veritas Investments – Due diligence for myriad multi-family assets nationally

Aimco – Due diligence for $275MM mezzanine loan and option to purchase ownership stake in Parkmerced development project to add 5,600 new residential units

Align Real Estate – Transactional services across portfolio of San Francisco condominium projects

Urban Land Development – Drafting and negotiation of license agreements with project neighbors to acquire rights such as shoring and underpinning work, crane overswing, property access and use of scaffolding, and permanent easements for flashing work

DM Development – Preparation of CC&Rs and all other governing documents for Union House, a 43-unit mixed-use condominium development in Cow Hollow

Local Capital Group – Preparation of Title 7 Master Declaration, CC&Rs, and all other governing documents for 40-unit residential condominium development in Dogpatch

Golden Gate University School of Law – Represented seller in disposition of 40 Jessie Street for $17.6MM

Genetic Foresight, Inc. – Drafting and negotiation of 40+ lease transactions nationally

OSM Investment Company – Preparation of CC&Rs and governing documents, providing legal counsel in connection with DRE Public Report requirements and Davis-Stirling Act compliance issues for common interest developments within its portfolio of multifamily properties totaling 2,455 units

Accordion Partners LLC – Drafting and negotiation of lease transactions throughout California

MEMBERSHIPS/AFFILIATIONS

Member, State Bar of California
Member, Urban Land Institute
Member, BOMA International
CLA Section Member, Real Property Law
CLA Section Member, Law Practice Management and Technology Member

EDUCATION

Golden Gate University, School of Law – J.D., 2013
CALI Award Winner, Secured Transactions
University of California, Santa Barbara – B.A., 2005