Michele Maresca handles the full range of commercial real estate transactions, including representation of borrowers and lenders in financings, dispositions, acquisitions, and development agreements. She routinely represents developers, businesses, non-profit organizations, municipalities, and housing authorities. Throughout her varied practice, she leverages her background and experience as a former land use planner to assist clients in structuring agreements to address their unique development, title, and land use issues. She is a member of the firm’s Real Estate + Development Group.
Real Estate – Financing and Transactions
Ms. Maresca has a decade of experience helping clients with their real estate transactions. She negotiates, documents, and closes complex real estate transactions, including acquisitions, dispositions, and financings. She counsels clients in the structuring, negotiation, and documentation of mortgage loans and real estate transactions; conducts due diligence; and handles all matters related to title.
Her recent transactions include representing a large real estate development firm in the refinancing of its construction loans for a high profile downtown Hartford commercial development project. She recently assisted a real estate investment management company in its purchase of a hotel and office building through auction. She currently is handling the sale of a former industrial site for a chemical company, including conducting all related due diligence.
Development and Reciprocal Easement Agreements
Ms. Maresca structures and negotiates complex development agreements and ground leases, including those involving public private partnerships. Ms. Maresca has handled high profile projects. She represented the master developer in the negotiation and drafting of a development and disposition agreement for the former New Haven coliseum site. She also represented the Town of West Hartford by negotiating and drafting the ground lease and development agreement for the construction and disposition of a hotel in Blue Back Square. Ms. Maresca negotiates all parties’ roles in various reciprocal easement agreements, addressing shared rights and responsibilities. She represented a national retailer in a complex reciprocal agreement among multiple landowners for rights of access, utilities and drainage.
Ms. Maresca has an extensive background in the land use field. Prior to law school, Ms. Maresca worked for more than four years as a land use planner with a regional agency in northwest Vermont, where she was responsible for delivering technically sophisticated planning projects, including a regional build-out analysis and a regional landscape suitability analysis. During law school, she served as a research assistant for the Vermont Law School Land Use Institute, providing support to a statewide land use planning initiative.
Ms. Maresca has been selected as a Rising Star to the Connecticut Super Lawyers list since 2013. She is active in the community, and serves on West Hartford’s local planning and inland wetlands boards. She also serves on the education symposium committee for the Aurora Foundation for Women and Girls, which works to improve the lives of women and girls in the Greater Hartford area.