Drafting for Real Estate Lawyers

One of the hottest new trends in the hospitality industry is the food hall. The number of food halls in the United States has increased exponentially and has tripled since 2018. Unlike the traditional shopping center food court, the food hall is typically an entertainment complex combining fine dining, bar atmospheres, and live entertainment forums in one location. Food halls bring unique legal challenges, including artful drafting of leases, supporting documents, and operational rules that differ for each food hall facility. Similarly, entertainment uses present additional and varied legal considerations relative to typical retail tenants. Theaters today are often accompanied by the sale of prepared food and alcohol. Other entertainment uses have entered the scene, including indoor skydiving, golfing, escape experiences, and even ax-throwing. The unique situation created by COVID-19 and the potential threats of future highly transmissible diseases has recentered the needs and legal liabilities of these industries. Entertainment uses present unique challenges to the landlord and the tenant to achieve the balance between allowing the tenant to operate its business while offering protection to the landlord to ensure the entertainment use does not interfere with the project's operations. Parking, exclusive uses, prohibited uses, signage, visibility, access, noise, and security are just some of many items that play a role in lease negotiations between a landlord and prospective entertainment tenant. Listen as our panel of experts in real property transactions provides practical guidance on how to best address the issues and balance the interests of each party involved.

This webinar looks at the latest findings from the USG+U.S. Chamber of Commerce quarterly Commercial Construction Index (CCI) report series. The report is based on research conducted by Dodge Data & Analytics and captures the unique perspective of contractors about the health of the commercial construction industry. Not only will the webinar discuss the Q1 report findings about contractors’ overall confidence in the market and their biggest concerns and challenges, including their responses about backlog of work, material prices and workforce shortages, but it will also look at the way the construction industry working to change the perception of a career in construction and the top ways contractors believe the industry can attract and retain new workers.

From opportunity zones to crowdfunding to off-market deals, there are more opportunities now than ever before to invest in commercial real estate. And leveraging data and technology can really help to differentiate your firm in these scenarios. But how can CRE professionals locate and execute these potential deals, or even choose which one(s) to invest in? And once they identify the best-fit for their portfolio, how should they go about managing the investment?

Before taking the plunge into commercial real estate investing, one should have a clear understanding of how to select the right location, preferred type and class of property, what due diligence to do, how to secure financing, how to negotiate a deal, and how to manage the property going forward as a commercial landlord. This Financial Poise panel explains the process from looking for the investment, to contract, to closing, and beyond.