Spotlight

Commercial Lease Workouts During The Covid-19 Pandemic

Commercial Lease Workouts During The Covid-19 Pandemic

The COVID-19 pandemic is adversely affecting commercial real estate (CRE) as it continues to wreak havoc in industries throughout the economy. For many years, the primary declining CRE sector has been brick and mortar retail stores. However, the retail sector is no longer suffering alone, as the COVID-19 outbreak is hurting most other CRE sectors: office, hospitality, multi-family, restaurant, personal services, entertainment, and construction.

A Commercial Tenant In Hopeless Default—Now What?

A Commercial Tenant In Hopeless Default—Now What?

During a lease term, there may come a time when it becomes no longer financially viable for a commercial tenant to continue its operations at the leased premises and faces the prospect of defaulting on the lease.

Coronavirus: Key Issues For Commercial Leases

Coronavirus: Key Issues For Commercial Leases

The outbreak of the novel coronavirus (COVID-19) and the measures being taken in response have raised many questions about the effect on commercial leases.

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