Changes on the Horizon for Multifamily Housing Construction Post-COVID-19

Reciprocal easement agreements (REAs) are necessary documents to address access rights for adjacent development, shared utility infrastructure, the construction, maintenance, and repair of shared components, and the allocation of costs for such shared components. In recent years, REAs and commercial leases also have presented unique challenges to the repurposing of shopping centers and addressing shared spaces affected by emerging technology, such as parking areas. Our program will provide a framework for the drafting of reciprocal easements. The panel will provide information on relevant provisions to include in reciprocal easements depending upon the context of the project, including allocating development rights and encroachments into air space related to the development of the property. Listen as our authoritative panel of practitioners discusses best practices for drafting and negotiating complex easement agreements. The panel will discuss reciprocal easements in commercial developments such as mixed-used and retail projects, as well as issues involved in restrictions on airspace.

Even with nearly all seniors housing residents having been vaccinated and there being an end to the pandemic in sight, occupancy rates are still at record lows and the industry hasn’t yet bounced back. What does this mean for seniors housing valuations? Will there be a clear turning point in 2021 signaling the industry’s pivot to its pre-pandemic vigor? Or will the rebound be more gradual?

Counsel involved in the sale, purchase, or financing of commercial real estate must understand the critical role of title insurance in insuring against risks. Counsel can evaluate coverage and endorsements that provide the optimal protection for clients. Practitioners must understand the intricate details of title insurance policies and current coverage trends, including all recent ALTA endorsements, to effectively advise property owners, investors, lenders, and developers. And parties must address survey issues with the title company (and purchasers and lenders) and know which survey or other endorsements can resolve survey matters. Listen as our authoritative panel discusses current trends in title insurance coverage and strategies for negotiating coverage and endorsements that will help avoid coverage gaps.

As the multifamily cycle matures and fundamentals tighten, investors and owners are searching for creative ways to boost ROI. From exploring new growth markets to refinancing with improved loan terms and lower rates, the choices made today will play a critical role in positioning your firm for long-term success. Geared toward owners and operators of communities valued between $1 million and $10 million, this free webinar will expand your arsenal of actionable ways to optimize and expand your multifamily portfolio.