Commercial real estate legislative and regulatory issues impacting commercial real estate businesses and properties, plus advice on how to navigate the industry's pressing legal topics.
Where do things stand concerning force majeure clauses in commercial agreements and the various health-based restrictions that have made performance of many contracts impracticable, if not impossible?
Victor Petrescu, partner at Levine Kellogg Lehman Schneider + Grossman in Miami, says unemployed and underemployed borrowers will be in the worst position once the moratorium is lifted.
The divided high court's decision could have dramatic and lasting effects on New York City's real estate development community, which commonly relies on the so-called bankruptcy remote special purpose entity loan structures to manage risk.
There is a growing recognition that it's better to plan and prepare now for the future economic risk associated with pandemic-related and other potential government shutdowns.