Is NOW the Time to Invest in Real Estate?

As in-house expertise declines, public and private owners of construction projects are increasingly outsourcing the management and administration of their construction projects to professional construction managers-agents. Use of professional construction managers can help protect owners from liability to other project participants because construction managers are often more knowledgeable and better qualified than an owner's personnel to properly address claims.

With the new year just around the corner, Seniors Housing Business magazine will host a webinar to discuss where valuations are and what 2022 holds for the seniors housing industry. While occupancy and construction starts aren’t expected to rebound to pre-pandemic levels until late 2022, some industry experts are forecasting turbo-charged investment activity in the new year. Given the amount of dry powder private equity firms have on hand and are looking to deploy, seniors housing’s strong market fundamentals make it an attractive option.

Standard design and construction contracts set the playbook for project success or failure. Case law, technology, and insurance have changed dramatically over the past 10 years. ConsensusDocs, a coalition of 40 leading construction organizations that include leading organizations like AGC, ABC, and COAA, published comprehensive updates to its most used prime and subcontract agreement. Changes to ConsensusDocs address payment, insurance (builder's risk policy), terminations, indemnification, mediation, and arbitration, attorney's fees, and much more. You will learn from the lead staff person, the highlights of the most significant changes and strategize how you can leverage in contract negotiations in using the new editions of ConsensusDocs standard documents for design-bid-build, design-build and CM At-Risk.

When negotiating and drafting commercial real estate sales contracts, the purchaser and seller must anticipate and mitigate potential risks associated with the deal. Risks may include environmental conditions impacting the property, title and survey issues, zoning concerns, lease and tenant issues, building code violations, and potential condemnation or other proceedings. Skillfully negotiated representations, warranties, and remedies for breaches can protect the buyer, while the seller's objective is to limit the scope and survival of representations and warranties. Listen as our authoritative panel of real estate practitioners provides strategies for buyers' and sellers' counsel negotiating representations and warranties and other key provisions in commercial real estate purchase agreements. The panel will discuss best practices for buyers and sellers to identify and allocate risks when closing a real estate deal.