A mezzanine loan is a type of subordinate loan that is indirectly secured by real property. Unlike a mortgage loan, which is directly secured by real property, a mezzanine loan is secured by a pledge of equity interests in an entity that owns real property and...
Access Practical Guidance’s new Commercial Real Estate Loan Modifications Resource Kit. This collection of practice notes, checklists, templates, sample clauses, and practice videos will guide lender’s counsel through the commercial real estate loan...
Lease abstracts summarize key lease terms and deadlines from the lease. Tenants commonly prepare them after lease signing and use them for quick reference purposes. Check out this commercial lease abstract template that can be used to prepare a concise summary...
Landlords facing a challenging rental market might want to offer expansion rights in leases. These rights make properties more attractive to tenants because of the option to adjust their rental space to the changing market and their business needs. Take a look...
Property Assessed Clean Energy (PACE) financing has become a major source of capital for commercial and residential owners by financing the cost of energy-efficient improvements and paying back these loans through property assessments. Many states have adopted...
Many landlords provide utilities as part of the office rental and charge tenants an additional fixed flat fee monthly for these services. However, if the tenant might use an excessive amount of utilities, the landlord should address this issue in the lease. Include...
Access exclusive market intelligence about private commercial lease agreements, as only told by other real estate partners like you. Answer an exclusive, partners-only survey that takes less than five minutes to complete (no paperwork needed). Then, access instant...
Interested in knowing what other partners are saying about how commercial lease agreements are evolving? Access exclusive market intelligence about private commercial lease agreements, as only told by other real estate partners like you. Answer an exclusive, partners...
Larry Silvestri was fortunate to find satisfaction in his role as in-house counsel for a real estate developer. “It was kind of a dream career,” he says. “I really enjoyed it.” But after a long, successful business run, his employer began...
By: The Practical Guidance Real Estate Team This tracker provides an overview of New York climate change legislation that impacts real estate ownership and development. This document tracks legislation enacted at the state level and in New York City. This tracker...
By: Stephen Del Percio , AECOM National governments globally are struggling to enact legislation that will bind them to the world’s carbon dioxide and other greenhouse gas emissions reduction targets, and unfortunately in some cases even reach consensus...
By: John Erskine , NOSSAMAN LLP This article discusses the legal and policy framework for addressing sea level rise (SLR) in the 21st century in the United States, with an emphasis on the California Coastal Act (the Coastal Act), its administrative regulations...
Eminent domain is the power of the sovereign to take private property for public use without the owner's consent. Eminent domain, takings, and condemnation are often used interchangeably, although the three terms are not actually synonymous; eminent domain...