Global Real Estate – The Green Building Adoption Index

Data is the lifeblood of today’s commercial real estate industry. Everyone recognizes the value of data, yet business intelligence tools are notoriously complex to implement, difficult to maintain, and slow to prove themselves. So, how can CRE firms effectively leverage data to assess trends, analyze portfolios, maximize returns and minimize risk?

Some of the most overlooked but potentially costly lease provisions address pre-leasing improvements, build-out, repair, and maintenance issues. Provisions regarding the build-out of premises must address cost issues, completion dates and delays, warranties, and defects. Maintenance and repair provisions address critical issues of reasonable repair period, rent abatement, lease termination, waivers of tenant rights, breach of implied warranty of suitability, and tenant self-help remedies. Parties must also address obligations to restore property after a casualty loss. Listen as our authoritative panel of commercial real estate practitioners discusses drafting and negotiating lease provisions regarding pre-commencement improvement, build-out, and functional maintenance and repair, as well as indemnification provisions to allocate risk.

The goal of every real estate deal attorney is to ensure a timely and smooth closing of the transaction. Title defects are just one of the many hurdles that transaction attorneys must clear, and the newly revised ALTA policies can impact the ability to address those issues. While many risks can create an encumbrance on a title, some of the common title defects that face real estate practitioners are defects due to liens and judgments, the rights of third parties, and breaks in the chain of title. The new endorsements and addenda can create opportunities and obstructions to resolving those defects. Armed with the knowledge of curing these common title defects and the changes made to the ALTA policies, practitioners can ensure that they close commercial transactions on time and with little surprises. Listen as our authoritative panel of real estate practitioners discusses the revised ALTA policies, the best practices for curing title defects arising from judgments and liens, defects arising from the rights of third parties, and defects caused by breaks in the chain of title.

Highlights from the most recent survey: - NCREIF Property Index (NPI) Returns were up for the Quarter - Industrial still the top performing asset class - Retail demonstrated an uptick - Cap Rates hit another all-time low - Occupancy off slightly but remain near record levels