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North Carolina Stay-at-Home Order Issued: What It May Mean For Real Estate-Related Activities

Seyfarth Synopsis: On the heels of the enactment of a similar order in Mecklenburg County, which went into effect Thursday, March 26 at 8:00 a.m.i, the Governor of the State of North Carolina has enacted a statewide...more

Amending Building Loan Contracts in New York in the Wake of COVID-19-Related Closures of Local Recorders’ and Clerks’ Offices

The closure of local recorders’ and county clerks’ offices in the wake of COVID-19, and the prospect of future closures, has had a profound effect on commercial real estate transactions. This is particularly true in New York...more

Key Considerations Regarding Electronic Signatures, Remote Online Notarizations and Electronic Recording in Commercial Real Estate...

States across the country have taken measures to prevent the spread of COVID-19, including implementing closures of non-essential businesses. The increase of individuals working from home has prompted the commercial real...more

Forbearance Principles And Practice

In the next couple of weeks, landlords will know who can pay rent. In April, lenders will know which landlords can pay their mortgages. No one knows how long the pandemic and revenue disruption will last. In the interim, a...more

Key Considerations for Default Notices/Reservation of Rights Letters for Defaulted Commercial Mortgage Loans

The economic effects of COVID-19 are likely to cause many commercial mortgage loans to go into default. Under such circumstances, one of the first steps lenders and servicers will take will be to send out default notices to...more

3/23/2020

Key Considerations for Commercial Mortgage Loan Modifications

Whether you are a lender, loan servicer, borrower or guarantor, there are many aspects to consider - under normal circumstances - when modifying a commercial mortgage loan. As COVID-19 continues to impact the commercial real...more

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