‘Distinguished by the exceptional quality and competence of its team’, MBC Abogados’ 13-strong department advises major real estate companies on matters all over Latin America (and beyond). Acting for real estate managers, investment funds and developers, the team handles significant real estate acquisitions and sales, as well as residential, industrial and commercial real estate project development. The group recently advised real estate developer and manager Greystar Chile on its purchase of an approximately $72m residential and commercial real estate project. It also acted for a Uruguayan company on a promise-of-sale (and subsequent purchase-and-sale) agreement for a commercial property. The department is jointly led by Carolina Menichetti, Ignacio Bolelli and Benjamín Salas, whose broad practices cover real estate development and financing work, as well as M&A, asset sales and purchases, and corporate and individual restructuring. Providing key support at senior associate level, Francisca Rodríguez's workload encompasses land use, building permits, title reviews, sales, purchases and leases, as well as construction contracts and mergers and subdivisions; the broad expertise of Josefina Durán, who is ’very clear and always available’, includes asset purchases, association agreements and joint ventures; and Sybil O’Reilly is also experienced in real estate development.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Excellent work, knowledge of the market, availability and clarity in a very approachable manner.’

  • ‘They know the commercial and tax aspects of the real estate business very well.’

  • ‘Great experience in this area.’

  • ‘Thorough management of real estate-related commercial, technical and tax issues.’

  • ‘Distinguished by the exceptional quality and competence of its team. They provide a very complete service and handle assignments efficiently and effectively.’

  • ‘Always up to date with the latest trends, so they are able to identify the needs of the client. Creative solutions to legal obstacles that are both fast and effective.’

  • ‘Carolina Menichetti, Benjamín Salas and Francisca Rodríguez have deep knowledge of the sector, which allows them to provide a high-quality service for real estate matters.’

  • ‘Josefina Durán is very clear and always available.’

Key clients

  • Rentas Patio I
  • El Morro
  • Desarrollos Comerciales
  • Greystar Chile
  • Chablis International
  • LV Patio Renta Inmobiliaria I

Work highlights

  • Advising Greystar Chile (as purchaser) on the negotiation and execution of the purchase of a residential and commercial real estate project.
  • Advised the sellers, Rentas Patio I, Patio Comercial and Desarrollos Comerciales, on the sale to Inmobiliaria of three properties in Pucón, Peñalolen and Antofagasta.
  • Advised Rentas Patio VI on the acquisition of a gas station in the commune of Puerto Varas, Los Lagos Region.

Lawyers

Hall of Fame
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Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
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Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Carolina Menichetti, Ignacio Bolelli, Benjamín Salas