Jason L. Sobel

Member
 

Jason L. Sobel is a Member of the Sills Cummis & Gross Real Estate Department and chairs the Firm’s F.O.R.E. (Family Owned Real Estate) Practice Group.  He primarily counsels retail, industrial, office and residential real estate owners and developers regarding acquisitions, sales, financing, and leasing with respect to their projects.  He also represents several lending institutions in commercial and construction financings as well as a number of clients with respect to retail liquor license transfers and related issues.  Additionally, Mr. Sobel assists different privately-held businesses on a variety of legal matters affecting their daily activities including contract negotiations and drafting, interactions with third party vendors, and taxation-related matters.

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Representative Matters

  • Acting as lender’s counsel to a number of different lending institutions with regard to commercial mortgages in the states of New Jersey, Pennsylvania and New York.
  • Successfully handled all aspects of the closing of the sale of a large golf course in Monmouth County, New Jersey, inclusive of the drafting of a seller take back mortgage; then successfully foreclosed on that same property after the purchaser defaulted on the note payments and once again represented that same seller with regard to the disposition of that property.
  • Negotiated and drafted all lease agreements on behalf of a landlord for an entire 30 acre parcel of industrial property in Newark, New Jersey.
  • Part of a team that represented the purchaser of a major iconic office tower in New York City consisting of over 3 million square feet of rentable space and the subsequent leasing of such space.
  • Serves as general counsel to a New Jersey commercial real estate brokerage firm handling all of their legal needs inclusive of negotiation and drafting of commission agreements and enforcement of same.
  • Represents a nationwide retailer with respect to lease negotiations and drafting throughout the country.
  • Acting as borrower’s counsel on a large bond issuance from the New Jersey Health Care Facilities Finance Agency for a hospital facility.

Rankings & Recognition

The Academic Achievement Award in Property Law from Chicago-Kent School of Law, 1995

Affiliations

Professional Affiliations

Member, International Council of Shopping Centers
Member, New Jersey State Bar Association
Member, Real Property Trust and Estate Law Section
Member, Land Use Law Section
Member, American Bar Association
Member, Monmouth County Bar Association
Member, Brownfield Coalition of the Northeast

Community Affiliations

Member, Board of Trustees, Community Health Charities of America
Former Chairman and President, Board of Trustees of Northeast Chapter
Member, Members & Affiliates Committee
Secretary, Board of Trustees, Boys and Girls Clubs of Newark
Chairman, Legal, Insurance and Personnel Committee
Member, Board of Trustees, Marlboro Soccer Association
Member, Congregation Ohev Shalom – Marlboro Jewish Center