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Oregon Construction Owners and Lenders Are Affected by New Retainage Law

If you develop or build on real property in Oregon, your progress payments to contractors on future projects will be affected by a new law, effective on March 7, 2024. If you are a construction lender, your borrower may...more

Thoughts on Leasing in a Troubled Commercial Real Estate Market

The COVID-19 pandemic brought changes to all aspects of life, some of which will never revert. In the world of real estate, the most significant change stems from the race to remote work instigated by the pandemic. Many...more

Why Does My Lender Want My Attorney to Send It an Opinion Letter?

Although they have been around for many years, it is becoming more common for a commercial loan lender to require that the borrower’s counsel provide it with an opinion letter. At first blush, this may seem like an oddity:...more

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