Real Estate Development
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Trial Verdict on Breach of Real Estate Contract

Summary: We represented a real estate consultant and developer in a complex real estate dispute regarding a development and management services agreement. The contract required payments to our client based on the value of the property at the time contract ended. Both parties retained real estate appraisal experts to offer opinions about the real estate’s market value and appraised value based on complex calculations including cap rates and future projections of income and expenses. After mediation failed the case proceeded to trial. After a three day bench trial, the Judge returned a verdict of $822,950.78 in favor of our client.

Central Texas Realty & Development, LLC vs. MVSATX Holdings, LLC

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