Hydrogen is the new buzzword in every industry, and real estate is no exception. Hydrogen does not emit carbon dioxide when burnt and could therefore help reduce the climate impact of buildings, which in aggregate represent one of the biggest emitters of greenhouse gases after industry and surface transport. To…
Articles Posted in Real Estate
Evaluating Smart Home Technology: It’s About More Than the Bottom Line
Outfitting a commercial real estate space with smart technology can be a significant cost. While the long-term benefits and strategic improvements we’ve discussed previously can make that investment worthwhile, the evaluation period is critical to ensure an impactful ROI. Property developers, owners, and managers should undertake a rigorous evaluation process…
How Will the Office Market Recover?
Colleague Noa Clark recently joined other industry experts for a discussion of San Francisco office real estate at the panel, The Future of Office in San Francisco: How Will the Office Market Recover? Topics included how office spaces are evolving to accommodate for changing workforce needs, tenant perspective on short-term…
Pandemic Does Not Satisfy Lease’s Casualty Clause Court Finds
One year into the pandemic, courts have almost uniformly found that COVID-19 does not permit commercial tenants to avoid their rent payment obligations. In this case, the court continued that trend, ruling that the pandemic was not a “casualty” that permits a tenant to abate its rent payments or cancel…
$1.9 Trillion COVID-19 Relief Package Passed by Congress
President Biden has now signed the American Rescue Plan Act, a $1.9 trillion investment and stimulus package designed to address the ongoing COVID-19 pandemic, into law. Matthew Oresman, Elizabeth Vella Moeller, Craig J. Saperstein, Brian E. Finch, Aimee P. Ghosh, Rose Fowler Lapp discuss the relief bill which includes a new round of stimulus…
Eligibility for Shuttered Venue Operator Grants Extended, Congress Appropriates New Funds
The American Rescue Plan Act of 2021 permits Shuttered Venue Operators to apply for both Paycheck Protection Program loans and Shuttered Venue Operator Grants. The American Rescue Plan Act, signed into law on March 11, 2021 and summarized here, includes a brief but important section that will permit the recipients of Paycheck…
Eligibility and Application Guidance for Shuttered Venue Grants
On March 5, 2021, the SBA published an overview of eligibility requirements and a preliminary application checklist for the Shuttered Venue Operators Grant (Grant) Program. The overview of eligibility requirements clarifies ownership restrictions, prohibited activities, and business, operational and facility requirements for each type of business potentially qualifying for Grants. Colleague David L.…
The Future of Office in San Francisco: How Will the Office Market Recover?
Join Pillsbury’s Noa Clark as she moderates Bisnow’s “The Future of Office in San Francisco: How Will the Office Market Recover?” webinar on March 25. What You’ll Learn: How office spaces are evolving to accommodate for changing workforce needs, such as changing layouts, offices in residential buildings, hybrids, etc. Tenants’ perspective…
COVID and Commercial Lease Bankruptcies
Real Estate partner Christian Buerger and Insolvency & Restructuring partner Hugh McDonald discuss COVID’s impact on commercial leases and an overview of the bankruptcy process the latest Swimming Lessons Series presentation.
Smart Technology in Commercial Real Estate
“Hey Siri…” “Alexa…” “Okay Google…” These are just some of the buzzwords and phrases that have entered day-to-day vocabulary as a result of the explosion of smart technology. Internet of Things (IoT) devices are in our cars, in our workplaces and on our bodies. But nowhere is smart technology more…