Utility Easements and Land Use

Utilities are faced with options and choices regarding the manner which they will deliver their product to their customers. They may use the public rights-of-way or may choose to use private easements to lay their lines. This topic helps the person in charge with making the land usage decisions, as well as the city official assisting that person. The topic will discuss the various manners for acquiring the right to lay lines, and the strengths and weaknesses of those manners, and some specific topics that apply to various purposes of land uses.
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Spotlight

OTHER ON-DEMAND WEBINARS

Price Properties Better with Easy, Accurate CMAs from RPR

Texas REALTORS

You’ll find out how to - Apply your local market intelligence to refine this starting point with adjustments - Subtract value for needed home improvements - Further adjust a property’s value based on market and home conditions - Adjust the weight of comps so you can judge which should be considered more - Lead clients through the intricacies of market realities with easy-to-understand facts and graphics - Create an RPR Seller’s Report that shows off your market expertise.
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Private fund strategies: spotlight on real estate

In this webinar, PitchBook analysts Hilary Wiek and Anikka Villegas examined private fund performance and fundraising across asset classes and strategies along with the suspected inflation hedge in the real estate ecosystem, including the properties and strategies best suited to the current environment. Key topics Update on private market fund performance and fundraising Where emerging managers have had success raising funds, where they have struggled and why A spotlight on real estate, including how its strategies and property subsectors react to various economic drivers and what this means for current and future performance
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Hotel Acquisition Due Diligence: Seller's Representations and Warranties, Indemnification, Timing

When purchasing a hotel, counsel must advise clients that the due diligence must include analysis of the physical assets associated with the property (i.e., the hotel structures, parking, systems, equipment, and inventories), as well as the operating business conducted at the hotel facility and the relevant markets and environment. When developing a proposed acquisition price, the buyer must make assumptions about future market conditions and the hotel's performance within that market. A discounted cash flow on stabilized operating projections will reflect these assumptions. Thus, a preliminary business plan must reflect assumptions as to physical facilities and condition, management, affiliation, and other factors to assess the potential acquisition realistically. In today's market, the time allotted for due diligence, deposits going non-refundable, and closing has been significantly compressed. All sophisticated buyers know they must act quickly. Counsel should assist in coordinating the due diligence team and start the process as soon as possible. Counsel should also coordinate with clients to prioritize and push critical areas of due diligence to identify and evaluate potential deal-breakers early. Many buyers do not focus enough on seller representations and warranties--even with significant disclaimers in the purchase agreement. Diligent preparation can flush out critical physical and operational hotel issues that only a seller or its management company would understand. Even if the seller is unwilling to make a specific representation and warranty on a particular condition, focusing on the issue upfront will help frame the buyer's post-signing due diligence. Likewise, indemnification clauses are not a haven for buyers. The language is typically inadequate to protect a buyer from additional costs avoidable with proper due diligence. Indemnification generally applies only for breaches of representations and warranties, and if the seller limits or qualifies its representations and warranties, the indemnification provision may not be triggered. Listen as our authoritative panel discusses the legal concerns in hotel acquisition and due diligence, conducting a proper investigation, and evaluating the data to provide the buyer with more alternatives, lower costs, and negotiating power to deal with the issues.
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Identifying and Managing CRE Investment Opportunities

Investor Management Services, LLC

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?
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