The U.S. Environmental Protection Agency has changed the requirements for conducting environmental site assessments under the Comprehensive Environmental Response, Compensation and Liability Act, which is commonly referred to as CERCLA or Superfund. What You Need to Know CERCLA requires prospective purchasers to conduct an “all appropriate inquiry” into the environmental conditions of a property to […]
Buying Real Estate Does Not Always Include What You May Think It Does
Despite engaging in good faith due diligence, a buyer of real estate may miss some pre-existing property damage or a public improvement that was installed without permission or legal right. Does the buyer of the property have a cause of action for a taking or inverse condemnation when such a pre-existing condition is discovered after […]
Negotiating with Your Landlord After Commercial Eviction Moratoriums Expire
During the pandemic, a spirit of we’re all in this together took some of the edge off the normally tense relationship between landlords and commercial renters. Government relief and emergency regulations helped. But now as commercial eviction moratorium protections run out, the relationship will return to normal, albeit a normal flooded with complexities, scattered in […]
Owning a Data Center – an Increasingly Popular Real Estate Asset Class
Data centers have migrated from being something of an “alternative” real estate asset class to a mainstream asset class in recent years. With the advent of 5G networks, data intensive technologies, and the continued digitization of our professional and personal lives, strong demand for data centers is expected to continue well into the future despite […]
The Importance of Real Estate Due Diligence in M&A Transactions
Real estate typically plays some part – whether ancillary or integral – in nearly every asset purchase, stock purchase, or merger transaction. Therefore, it’s important to understand what due diligence might be required for the real estate assets involved in the transactions you may be considering, and the potential risks of not performing that due […]