Arrested Redevelopment

AGG Attorneys Daniel J. Bradfield and Brian R. Smith authored an article titled “Arrested Redevelopment” for the “Expert Analysis” section of Real Estate Law360, published on November 10, 2011. Mr. Bradfield and Mr. Smith discuss the next wave of property development in the pipeline that is thought to occur in the next four to five years, and they advise property owners to resist impeding their property with covenants and limitations that may make it unappealing to prospective buyers and their lenders. Contracts that put constraints on a property might resolve a current issue, but prospective buyers may view those restrictions as an unnecessary burden that will limit future development.