Real Estate

Jay F. Palchikoff has been licensed to practice law in California since 1982. Mr. Palchikoff received his B.A. degree from UCLA in 1977, magna cum laude, and his J.D. from UCLA School of Law in 1982. Upon graduation, Mr. Palchikoff practiced in the Newport Beach office of Gibson, Dunn & Crutcher until joining with 16 other lawyers of the firm in the formation of Pettis, Tester, Kruse & Krinsky in April 1987. Mr. Palchikoff was elected partner in 1989. In September 1993, Mr. Palchikoff and eight other Pettis, Tester lawyers formed Hewitt & O’Neil. Mr. Palchikoff has extensive experience handling a wide variety of retail, industrial, commercial and residential (homebuilding) transactions in California and many other states (associating with local counsel as appropriate), including acquisitions, sales, exchanges, financings, leases, sale-leasebacks and other lease-backed financings, portfolio and stock-based acquisitions of real estate companies, debt and lease restructurings and workouts, development joint ventures, limited partnership offerings, cotenancy arrangements, construction agreements, hotel and property management agreements, environmental indemnities, brokerage arrangements and development agreements. Mr. Palchikoff also handles a variety of general business matters, including business partnerships, business loans and miscellaneous contracts, coordinating with the firm's corporate securities lawyers as appropriate. Mr. Palchikoff structures and negotiates sophisticated limited partnerships and limited liability companies with institutional investors, as well as handling purchases, sales, mergers, options and various business combinations arising in the homebuilding industry. Mr. Palchikoff also has special expertise representing clients in golf course community development and golf course sales, which has involved handling such diverse matters as negotiation of financing and development joint ventures, loan agreements, engineering, construction and consulting contracts and golf club operating agreements, advising on advertising materials, processing of development entitlements (e.g., maps, annexations, improvement agreements, development agreements and security arrangements), and drafting and coordinating of CC&Rs, real estate sales documents, homeowner association documents and California Department of Real Estate filings. These projects also require coordination with corporate securities lawyers in offerings for raising capital and sales of golf course memberships.

direct line: (949) 798-0730
email address: jaypalch@hewittoneil.com