We recently discussed the importance of diligence when acquiring distressed commercial mortgage loans, providing a diligence checklist for the process. Given that any foreclosing mezzanine lender may step “into ownership” if it forecloses upon its mezzanine loan, perhaps even greater care should be exercised when considering the purchase of a…
This week’s round-up dives into NFT fractionalization and its potential benefit to increase accessibility in real estate investing, lobbying efforts surrounding Infrastructure Investment and Jobs Act (IIJA) funding, experimental retail spaces, and more. Fractional NFTs, an iteration of NFTs that enable multiple investors to own a piece of a single…
This is a review of initial Supreme Court and Federal Appeals Courts oral arguments and other matters in October 2022. Oral Arguments at the Supreme Court Michael Sackett, et ux., v. Environmental Protection Agency The Supreme Court’s 2022 term began on October 3, 2022, with this important oral argument. For…
When purchasing a commercial real estate loan that is in “distress,” it is crucial that one understands the nature of the defaults and the motivations of each party involved in the transaction and the deal. Diligence is key. Begin by mining your sources. How did you learn of the loan’s…
This week’s round-up dives into digital transformation in the construction industry, renewed interest in flexible workspaces, and how the infrastructure sector can become more resilient and sustainable, both economically and environmentally. Digital transformation in the construction industry is top of mind for many firms, but most are still in the…
This week’s round-up features the decline in construction starts, proptech and its potential impact on the affordable housing sector, the residential home solar market, and more. According to a Dodge Date & Analytics report, total construction starts declined 19% in September. (Sebastian Obando, Construction Dive) Proptech, initially geared towards luxury homes,…
This week’s round-up features green financing of hotels, efforts of the European Union to protect critical infrastructure, initiatives surrounding the IIJA to advance equity for historically disadvantaged businesses, and more. Commercial real estate experts and developers are anticipating the demand for industrial space, which has outpaced supply over the past…
Early pandemic fears that brick-and-mortar retail would not live to see the next decade look to be largely unfounded. Shopping centers remain a sound investment for private firms and large institutional investors alike, as evidenced by new numbers suggesting that retail acquisition surged to nearly $82 billion last year, a…
This week’s round-up features how industries tangentially related to the housing market could be affected by its downturn, how the Biden Administration’s plans to invest IIJA funds, cybersecurity considerations for commercial property owners, and more. As home prices continue to fall, a pool of industries tied to the housing market…
This week’s round-up features Hurricane Ian’s effect on the construction labor pool, the Inflation Reduction Act’s projected impact on the real estate and construction industry, Europe’s real estate market, and more. The Inflation Reduction Act (IRA), designed to reduce the nation’s carbon footprint by jump-starting innovation and adoption of cleaner…