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Planning for the Unexpected: Casualty issues in Commercial Properties

PROPER BUSINESS PLANNING includes planning for unlikely but significant events such as a casualty that impacts commercial property. In part 1 of a 2 part article, we will focus on some key issues that tenants need to...more

AIA Construction Contract Issues: An Owner’s Perspective

MANY CONSTRUCTION PROJECTS ARE DOCUMENTED USING AIA FORMS. These forms focus on issues concerning the architect and contractor. It is in the owner’s interest to protect itself by negotiating the key provisions in the...more

Market Focus - Office Leasing: DC Office Landlords provide Greater Lease Concessions

MARKET CONDITIONS IN THE DC METRO AREA continue to favor tenants. Vacancy rates continue to rise due to more Class A office space coming online and decreased demand by the federal government for leased space as a result of...more

Managing Construction Risks: Strategies to avoid the Unexpected

Construction of Tenant Improvements and Alterations carry an inherent risk. There are several key issues a tenant may want to consider, including the following: - Permitting –Leases typically put two (2) construction...more

Acquisitions & Sales: Some Key Issues for Sellers

When negotiating a commercial purchase agreement there are several key issues a seller may want to consider, including the following: - Due Diligence – Buyers often want a study period to examine the property, but...more

Lending Focus: Insurance Proceeds & Casualty Events

Rebuilding After a Casualty. Recent events such as Hurricane Sandy confirm that commercial properties can incur substantial damage and that insurance claims will follow. When the property is encumbered by a mortgage,...more

Business Focus: Key Issues in Joint Ventures

Introduction. A joint venture (JV) typically consists of an association of two or more people and/or entities with a view to sharing the profit or loss of a business venture in accordance with the JV agreement. Joint...more

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