Phil Runkel

Phil Runkel

Womble Carlyle Sandridge & Rice, LLP

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Rule Against Perpetuities and Leases in North Carolina

Remember the Rule Against Perpetuities? Think back to your days in law school, sitting in your 1L Property class. Remember the rule against perpetuities? Remember thinking that it would never really come into play in...more

11/22/2016 - Common Law Claims Landlords Leases Right of FIrst Refusal Rule Against Perpetuities

"Peanut Buttering is Better than Firebombing"

Hard to argue with the logic of someone drunk on blackberry brandy! Thankfully, as the deputy wryly notes, she didn't use chunky peanut butter ... oh the carnage!!...more

10/21/2016 - Presidential Elections Protests Trump Administration

What's an 18 hour city?

Ely Portillo, of the Charlotte Observer, brings us all up to speed on defining commonly thrown about real estate development jargon. Low-rise? Mid-rise? Mixed-use? Your guide to jargon in a city of cranes....more

10/21/2016 - Affordable Housing Mixed-Use Zoning Real Estate Development Tax Increment Financing

Brexit and UK Healthcare Real Estate

We just can't get enough of Brexit, can we? Seems every day I see something new on my news feed or Twitter feed about the impact of Brexit on the global economy or UK economy or Scottish economy. Funny thing is, a lot of...more

10/5/2016 - Financial Markets Popular Real Estate Market UK UK Brexit

Ticking time bomb in your office lease?

Benjamin Osgood, of the Tenant Advocate, brings up a good point that I've noticed becoming MUCH more of an issue lately -- restoration provisions obligating the tenant to return the space to the condition in which they...more

3/10/2015 - Commercial Leases Commercial Tenants Contract Terms Landlords

Affordable Care Act Good for Health Care REITs

It's been awhile since we've blogged anything, which must mean we're busy, right? Maybe this is why ...more

3/24/2014 - Affordable Care Act Healthcare REIT

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