Phishing schemes target the mortgage industry, housing prices rise in Europe as Ukrainian refugees flee from their home country, the SEC announces new climate change regulations that will impact commercial real estate, and more. The Federal Reserve aims to rein in one of the biggest drivers of runaway inflation: the…
Articles Posted in Real Estate
Real Estate & Construction News Round-Up 04/06/22
A growing proptech startup aims to pre-emptively identify needed home repairs, 3D-printed homes could become a workable solution to the housing shortage, and more. Concerns about a housing-market crash are growing as the Fed begins to hike interest rates, leaving industry experts to speculate on what’s next for the U.S.…
Landlords Beware: When Tenants Are Sanctioned
The listing of Specially Designated Nationals (SDNs) has the potential to impact any American doing business with a named party, including landlords who lease real estate to sanctioned persons. In “Specially Designated Nationals as Tenants: How Landlords Can Be Impacted by Sanctions Against Russian Nationals,” Nancy A. Fischer, Rachel B. Horsch, Anne C.…
Real Estate & Construction News Round-Up 03/30/22
Office vacancy rates are on the rise, 3D printing technology will be used to build a portfolio of affordable homes, resources from the Biden Administration’s Infrastructure Bill are projected to speed up the creation of “smart cities,” and more. More than two years after COVID-19 shifted the world of work,…
Is a By-the-Hour Motel a Single Asset Real Estate for Chapter 11 Purposes?
Single asset real estate (SARE) is a unique classification under the Bankruptcy Code with implications for both debtors and lenders. SARE classification is apparent for a property such as a shopping center, apartment complex or office building where the debtor’s income is generated exclusively from real estate operations, but is…
Real Estate & Construction News Round-Up 03/23/22
New home construction projects experience the fastest growth rate since 2006, President Biden signs the Consolidated Appropriations Act of 2022 into law, big U.S. hotel chains place developments in Russia on hold, and more. While most commercial real estate (CRE) executives want to adopt more technology, few have. Ernst &…
Real Estate & Construction News Round-Up 03/16/22
The popular term “PropTech” is projected to disappear as real estate digitization continues, the impact of the Russia-Ukraine conflict on the U.S. housing market is analyzed, China’s home prices continue to fall, and more. A research economist dives into the impact of the Russia-Ukraine conflict and decline in international real…
Commercial Real Estate Brokerages in an Uncertain Russian Market
Several commercial real estate firms have joined the growing list of companies temporarily suspending—or outright terminating—property and facility management operations in Russia amid economic sanctions and mounting international pressure. CBRE is the latest to make such a move, discontinuing its Russian leasing, investment and property management operations and denouncing Russia’s…
Real Estate & Construction News Round-Up 03/02/22
Economic sanctions placed on Russia cause a shift in the U.S. real estate market, investments in virtual real estate continue to grow as market equilibrium returns, climate change concerns have made a notable impact on regional real estate interest, and more. Following the economic sanctions placed on Russia for its…
FCC Order Bans Certain Arrangements to Promote Competition in Multi-Tenant Buildings
On February 15, 2022, the Federal Communications Commission (FCC) released a Report and Order adopting new rules to further broadband competition for the millions of Americans living and working in apartments, public housing, office buildings, and other multiple-tenant environments (MTEs). In their recently-published client alert, Pillsbury colleagues Glenn Richards and…