Legal & Regulatory

The divided high court's decision could have dramatic and lasting effects on New York City's real estate development community, which commonly relies on the so-called bankruptcy remote special purpose entity loan structures to manage risk.

There is a growing recognition that it's better to plan and prepare now for the future economic risk associated with pandemic-related and other potential government shutdowns.

The CEC Entertainment case shows that bankruptcy courts may be willing to grant debtors extraordinary relief in light of the ongoing pandemic, but only if there is some contractual basis to do so.

Real estate has always been a scapegoat for economic troubles.

At a recent CREW San Diego conference, Alyssa Muto of the City of San Diego said she is working with the city to set up the department.

The pandemic left the house's tenants unemployed and unable to pay rent, Gaber wrote. But landlords repeatedly demanded the tenants pay the rent or move out, according to the complaint, and in July, the situation escalated.

The future majority of the US Senate, which will be determined by run-off elections in Georgia, will ultimately determine some hot button topics for CRE.

Combatting Covid-19 will be first on the Biden agenda, which would offer some relief to the commercial real estate community.