In commercial real estate lending, the distinction between recourse and non-recourse loans is often presented as simple. Either the borrower is personally liable or the lender’s remedy is limited to…
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Commercial loan documents rarely contain traps in the obvious sense. The most expensive provisions are usually disclosed, clearly written, and quietly ignored. They become expensive later. Non-Recourse Carve-Outs Non-recourse loans…
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Joint ventures are one of the most common structures in commercial real estate. They allow sponsors to scale, spread risk, and access capital that would otherwise be unavailable. They also…
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Manufactured housing occupies a strange place in American real estate. It is one of the most effective forms of unsubsidized affordable housing, yet it remains one of the most criticized.…
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Borrower’s counsel is sometimes viewed as a late-stage document reviewer. In well-run transactions, the role is far broader and far more strategic. Understanding what borrower’s counsel actually does helps borrowers…
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In commercial real estate lending, it is common for lenders to provide extensive documentation and to assure borrowers that the forms are “standard.” Borrowers sometimes conclude that retaining separate counsel…
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Spring is here … and so are property value notices. As the former Jackson County Assessor and an attorney focusing on real estate matters, I decided to write this brief…
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Introduction In the multifaceted world of commercial real estate, understanding lease agreements is not just important, but crucial to securing a profitable and sustainable business relationship. Among the various types…
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Introduction to Investing in Self-Storage Facilities Self-storage facilities are commercial properties where individuals and businesses can rent storage space to store their personal or business belongings. Self-storage facilities have become…
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1. Full and Correct Legal Name of the Seller 2. Full and Correct Legal Name of the Buyer The foundation of any contract lies in accurately representing the parties…
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