Mar 26, 2020 | Real Estate, Land Use & Construction Law
Business interruption insurance is insurance to cover losses when businesses are unable to operate for reasons outside of their control. Typically, in the commercial real estate context, landlords obligate tenants to carry this insurance and landlords normally carry...
Mar 18, 2020 | Real Estate, Land Use & Construction Law
My most recent article provided a short explanation of force majeure provisions in commercial leases and how landlords and tenants will need to carefully review the language to determine if any obligations by either party can be excused due to the worldwide...
Jan 16, 2020 | Real Estate, Land Use & Construction Law
The Northern Virginia office market had a total vacancy rate of 18.3% in the fourth quarter of 2019. This represents a continuing gradual strengthening of the market as it was the eleventh consecutive quarter with positive net absorption. That said, vacancy rates are...
Jul 19, 2019 | Real Estate, Land Use & Construction Law
The second headquarters for Amazon in Arlington, VA is obviously a hot topic in local commercial real estate. Much of the focus so far has been on projected residential price increases and increased commercial leasing. But, let’s not forget about the hotel industry....
Jul 16, 2019 | Real Estate, Land Use & Construction Law
As reported by the National Restaurant Association and other industry experts, there are over one million restaurants in the United States, but the failure rate is very high (a majority close within three to five years). With online shopping and delivery becoming more...
Jun 19, 2019 | Real Estate, Land Use & Construction Law
Landlord Waiver Agreement in Favor of Tenant’s Lender As noted in part 1 of this article, the commercial tenant’s lenders will also want a security interest in the tenant’s personal property to secure the repayment of the tenant’s loan obligations, creating a conflict...
