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.…
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,…
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…
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 &…
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…
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…
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…
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…
Construction contractors adjust to extreme changes in material prices, China expands real estate lending support to its larger cities, semiconductor demand becomes a gem for industrial real estate, and more. With material prices at a 35-year high, construction contractors have created a new playbook to adjust to the extreme changes…
The Biden administration’s Buy Clean Task Force turns its attention to sustainable construction materials, Florida Restaurateurs begin to use nonfungible tokens (NFTs), the Infrastructure Investment and Jobs Act will invest in hydrogen and nuclear technologies, and more. The Biden administration’s Buy Clean Task Force is planning to launch pilot programs…