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...
Jun 11, 2019 | Real Estate, Land Use & Construction Law
Banks that provide financing for commercial tenants and the real estate landlords for those same tenants both want additional security in the tenant’s personal property located at the premises. The interests of the landlord and the lender are in conflict. The landlord...
May 22, 2019 | Real Estate, Land Use & Construction Law
In Part 1 of this series, the definition of guaranty, the relationship between the landlord and guarantor, and the means for landlords to enforce provisions of a guaranty were discussed. Recognizing that the guaranty is a condition to entering into a lease, and its...
May 16, 2019 | Real Estate, Land Use & Construction Law
As a condition to entering into a new lease, landlords often require a guaranty of lease from a personal or corporate guarantor in connection with those tenant entities that do not have either a high enough net worth or annual revenue, or for whatever other reasons do...
