Course1

Escrow Agreements in Real Estate Transactions

$75.00

Escrow agreements are essential documents in every significant real estate transaction. They are mechanisms for allocating risk among the parties to the transaction.  Escrow agents are charged with determining whethercertain contractual conditions are satisfied, thereby triggering the disbursement of money or property.Escrow arrangements mitigate the risk of non-performance by one of the parties.  But escrow agreements are fraught with potential conflicts and traps that may give rise to delays in finally closing a transaction. This program will provide you with a practical guide to drafting effective escrow agreements, risk allocation, conflict avoidance and working with escrow agents. Essential terms – property held, duties, fees, conditions for release/disbursement Defining an agent’s duties, authority and liability Practical problems with escrow arrangements – holding all the documents, breaking escrow, death of party Issues in construction contracts, development transactions, and property sales Letter of credit, tax and bankruptcy issues to consider   Speaker: John S. Hollyfield is of counsel and a former partner in the Houston office Norton Rose Fulbright, LLP.  He has more than 40 years’ experience in real estate law practice.  He formerly served as chair of the ABA Real Property, Probate and Trust Law Section, president of the American College of Real Estate Lawyers, and chair of the Anglo-American Real Property Institute.  He has been named a "Texas Super Lawyer" in Real Estate Law by Texas Monthly magazine and is listed in Who’s Who in American Law.  He is co-editor of Modern Banking and Lending Forms (4th Edition), published by Warren, Gorham & Lamont.  He received his B.B.A. from the University of Texas and his LL.B. from the University of Texas School of Law.

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

Real Estate Finance: Trends and Best Practices, Part 2

$75.00

This program will provide you with a guide to real estate finance. It will cover the practical aspects of structuring debt, equity, and mezzanine finance.  Major issues and traps in negotiating first mortgages, including personal guarantees and carve-outs, will be discussed in detail. The program will also cover credit enhancement, leasehold finance, and how financing alternatives have changed in a stronger market. This program will provide you with a real-world guide to major issues in negotiating and drafting real estate finance agreements. Day 1: Major issues of negotiating first mortgages Loan application and bank commitments Role of personal guarantees and negotiating non-recourse carve-outs with lenders Defeasance and prepayment premiums   Day 2: Structuring equity in real estate deals Mezzanine financing and drafting issues Leasehold finance Credit enhancement instruments Single purpose entities for finance purposes   Speaker:

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

Real Estate Finance: Trends and Best Practices, Part 1

$75.00

This program will provide you with a guide to real estate finance. It will cover the practical aspects of structuring debt, equity, and mezzanine finance.  Major issues and traps in negotiating first mortgages, including personal guarantees and carve-outs, will be discussed in detail. The program will also cover credit enhancement, leasehold finance, and how financing alternatives have changed in a stronger market. This program will provide you with a real-world guide to major issues in negotiating and drafting real estate finance agreements. Day 1: Major issues of negotiating first mortgages Loan application and bank commitments Role of personal guarantees and negotiating non-recourse carve-outs with lenders Defeasance and prepayment premiums   Day 2: Structuring equity in real estate deals Mezzanine financing and drafting issues Leasehold finance Credit enhancement instruments Single purpose entities for finance purposes   Speaker:

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

Drafting Ground Leases, Part 2

$75.00

Ground leases are sophisticated contracts combining the elements of buy/sell agreements, commercial leases, and a sophisticated financing.  A landowner enters a long-term lease with a developer who constructs a building or other improvements on the land. The developer generally finances the building, occupying it or leasing it out to other tenants, paying the landowner rent on the underlying ground over a long period of time.  There are many benefits of ground leases for the landowner and the tenant. But they are very complex agreements involving sophisticated economic calculations and require very careful review. This program will provide you with a practical guide tohow ground leases work, andnegotiating and drafting them. Day 1: Overview of important provisions of ground leases Underlying economics of ground leases Permitted use and change of use Methodologies for setting and adjusting rent to reflect risk and value over time   Day 2: Major financing issues, including subordination Construction and development issues Special condemnation and casualty considerations   Speaker:

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

Drafting Ground Leases, Part 1

$75.00

Ground leases are sophisticated contracts combining the elements of buy/sell agreements, commercial leases, and a sophisticated financing.  A landowner enters a long-term lease with a developer who constructs a building or other improvements on the land. The developer generally finances the building, occupying it or leasing it out to other tenants, paying the landowner rent on the underlying ground over a long period of time.  There are many benefits of ground leases for the landowner and the tenant. But they are very complex agreements involving sophisticated economic calculations and require very careful review. This program will provide you with a practical guide tohow ground leases work, andnegotiating and drafting them. Day 1: Overview of important provisions of ground leases Underlying economics of ground leases Permitted use and change of use Methodologies for setting and adjusting rent to reflect risk and value over time   Day 2: Major financing issues, including subordination Construction and development issues Special condemnation and casualty considerations   Speaker:

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

LIVE REPLAY: Retail Leases: Restructurings, Subleases, and Insolvency

$75.00

The cardinal goal of leasing is certainty.  Landlords and their lenders want stable, long-term tenants and reliable, predictable rent payments.  Tenants want stability and predictability, too.  So, when one of the parties becomes insolvent or goes bankrupt, those carefully laid financial and operational plans go awry and new costs enter the equation.  The crisis in the bricks-and-mortar retail industry has brought these issues into sharp relief again.  Landlords and tenants must grapple with what rights each have, how and when they may be asserted, and how they can preserve value in the lease.  Part of this is a function of what the lease, part is a function of what the law requires. This program will provide you with a real-world guide to planning for insolvency in commercial leases - and what to do after it's happened.    Drafting leases to mitigate losses in event of lessee default  Remedies for landlords on lessee default  Renegotiation strategies for distressed lessees  Bankruptcy issues in leasing   Speakers: Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice.  He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use.  He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology.  He speaks extensively on real estate topics nationally.  Mr. Licata received his B.S., summa cum laude, from MacMurray College and his J.D., cum laude, from Harvard Law School. Dov V. Frankel is of counsel in the Cleveland office of Taft Stettinius & Hollister LLP, where he represents companies and individuals in bankruptcy and receivership proceedings, as well as out-of-court restructurings and workout matters.  He represents lenders, creditors, buyers and landlords across the country, including defense and adversarial proceedings.  He is also a contributing author to Norton’s Annual Survey of Bankruptcy Law and a member of the American Bankruptcy Institute.  Mr. Frankel earned his undergraduate degree from Ner Israel Rabbinical College and his J.D. from the University of Maryland School of Law.    

  • Audio Webcast
    Format
  • 60
    Minutes
  • 6/9/2020
    Presented
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Course1

LIVE REPLAY: Retail Leases: Restructurings, Subleases, and Insolvency

$75.00

The cardinal goal of leasing is certainty.  Landlords and their lenders want stable, long-term tenants and reliable, predictable rent payments.  Tenants want stability and predictability, too.  So, when one of the parties becomes insolvent or goes bankrupt, those carefully laid financial and operational plans go awry and new costs enter the equation.  The crisis in the bricks-and-mortar retail industry has brought these issues into sharp relief again.  Landlords and tenants must grapple with what rights each have, how and when they may be asserted, and how they can preserve value in the lease.  Part of this is a function of what the lease, part is a function of what the law requires. This program will provide you with a real-world guide to planning for insolvency in commercial leases - and what to do after it's happened.    Drafting leases to mitigate losses in event of lessee default  Remedies for landlords on lessee default  Renegotiation strategies for distressed lessees  Bankruptcy issues in leasing   Speakers: Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice.  He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use.  He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology.  He speaks extensively on real estate topics nationally.  Mr. Licata received his B.S., summa cum laude, from MacMurray College and his J.D., cum laude, from Harvard Law School. Dov V. Frankel is of counsel in the Cleveland office of Taft Stettinius & Hollister LLP, where he represents companies and individuals in bankruptcy and receivership proceedings, as well as out-of-court restructurings and workout matters.  He represents lenders, creditors, buyers and landlords across the country, including defense and adversarial proceedings.  He is also a contributing author to Norton’s Annual Survey of Bankruptcy Law and a member of the American Bankruptcy Institute.  Mr. Frankel earned his undergraduate degree from Ner Israel Rabbinical College and his J.D. from the University of Maryland School of Law.    

  • Teleseminar
    Format
  • 60
    Minutes
  • 6/9/2020
    Presented
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Course1

LIVE REPLAY: Buying Time: Options Contracts in Real Estate

$75.00

Options in commercial real estate transactions give the option holder more time to conduct due diligence, obtain financing and any necessary governmental approvals, and consider whether the transaction is truly viable.  The property owner, whose land is optioned, loses the right to sell the property to a third party for the duration of the option, but earns a fee for doing so.  In a world of complex and risky commercial real estate transactions, where time is often of the essence and risk is high, options allow developers, investors and others an effective mechanism to buy time and take a wait-and-see-approach.  This program will provide you with a practical guide to drafting essential provisions of options in commercial real estate transactions, including avoiding costly traps.  Negotiating and drafting most essential terms of option contracts in real estate transactions Economics of real estate option contracts, including the purchase price of the underlying property and market volatility Duration of exclusive period, fees, and extensions – and relationship to market conditions Nature of exclusive period – access to property, restrictions on marketing, cooperation in obtaining permits Role of contingencies – financing, regulatory, market variables Practical uses, traps, and alternatives to options  Speaker: Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice.  He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use.  He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology.  Mr. Licata received his B.S., summa cum laude, from MacMurray College and his J.D., cum laude, from Harvard Law School.

  • Audio Webcast
    Format
  • 60
    Minutes
  • 6/24/2020
    Presented
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Course1

LIVE REPLAY: Buying Time: Options Contracts in Real Estate

$75.00

Options in commercial real estate transactions give the option holder more time to conduct due diligence, obtain financing and any necessary governmental approvals, and consider whether the transaction is truly viable.  The property owner, whose land is optioned, loses the right to sell the property to a third party for the duration of the option, but earns a fee for doing so.  In a world of complex and risky commercial real estate transactions, where time is often of the essence and risk is high, options allow developers, investors and others an effective mechanism to buy time and take a wait-and-see-approach.  This program will provide you with a practical guide to drafting essential provisions of options in commercial real estate transactions, including avoiding costly traps.  Negotiating and drafting most essential terms of option contracts in real estate transactions Economics of real estate option contracts, including the purchase price of the underlying property and market volatility Duration of exclusive period, fees, and extensions – and relationship to market conditions Nature of exclusive period – access to property, restrictions on marketing, cooperation in obtaining permits Role of contingencies – financing, regulatory, market variables Practical uses, traps, and alternatives to options  Speaker: Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice.  He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use.  He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology.  Mr. Licata received his B.S., summa cum laude, from MacMurray College and his J.D., cum laude, from Harvard Law School.

  • Teleseminar
    Format
  • 60
    Minutes
  • 6/24/2020
    Presented
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Course1

Indemnification & Hold Harmless Agreements in Real Estate Transactions

$75.00

Indemnification and hold harmless agreements are part of virtually every real estate transition.  These agreements protect parties against financial loss or other liability arising from the occurrence of certain events. Indemnification is often backed by insurance policies. The interaction between indemnification provisions – scope, triggering events, assertion of claims and payment – and funding sources is typically very complex.  This program will provide you with a real-world guide to indemnification and insurance in real estate development, ownership, and leasing. Forms of indemnification in real estate Scope of indemnity, triggering events or discoveries, ensuring payment of claims Utilizing insurance policies to guarantee and fund indemnification claims Types and roles of various forms of insurance – casualty, business/rent interruption, CGL Important differences among named insureds and additional insureds Drafting interactionof co-insurance, valuation, and agreed value endorsements   Speakers: Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice.  He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use.  He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology.  Mr. Licata received his B.S., summa cum laude, from MacMurray College and his J.D., cum laude, from Harvard Law School.

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

Drafting Small Commercial Real Estate Leases

$75.00

In small space leases, tenants are much more sensitive to the cost or reviewing and negotiating lengthy leases. The panoply of tenant use restrictions in lengthier leases tend to suffocate the ability of smaller tenants to operate their businesses. Landlord rights and remedies in “short “form” leases tend to leave tenants with little flexibility and few remedies for landlord breaches.  At the same time, landlords fear the instability and costs associated with small tenants. This makes focusing on the economic essentials important to landlords and the operating essentials important to tenants in small leases very important. This program will provide you a real world guide to reviewing a small commercial lease, including economics, use restrictions, subleasing, and remedies. Red flags in “short form” leases for small tenants Ensuring “use” restrictions allow tenant to operate its business Common area maintenance, taxes, insurance, fees and penalties Scope of landlord services to tenant – and landlord remedies Exit issues – “go dark” provisions, subletting, tail liability   Speaker:

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

Drafting Subleases & Assignments in Commercial Real Estate, Part 2

$75.00

Subleasing and assignments are essential instruments for tenants to reduce the size and cost of their space as their needs change. Landlords (and their lenders) often disfavor subleases and assignments because they might lose control of who occupies the space. Subleases come in a variety of forms, all of which need to conform to the provisions of the master lease. Because of this, subleases can quickly become wildly complex, and have the potential to give rise to multiple levels of friction and possibly litigation. This program will provide you with a practical guide to the types of subleases and assignments, key issues for landlords, tenants, and subtenants, and drafting tips  Day 1: Subleasing v. assignments – when is each used or allowed? Types of subleases – no reference to master leases, reference by incorporation, custom subleases Standards of “reasonableness” in obtaining landlord consent to assignment or sublease Identifying and mitigating risks to tenants and subtenants in subleasing Landlord and lender concerns in subleases and methods to address   Day 2: Space recapture, profit sharing, and other landlord remedies Restrictions on use in subleases and subtenant risks Non-disturbance agreements with landlord and lender Subtenant remedies when tenant defaults on master lease Most important provisions of lease assignments   Speakers: Michael P. Williams is a partner in the Denver, Colorado office of SennViscianoCanges, P.C., where he has extensive experience in commercial leasing and tenant relations, acquisition and disposition of office, industrial, retail and multi-family properties, representing real estate professionals in disputes before their boards or in litigation, and advising homeowner associations.  He also assists lenders in pre-foreclosure workouts, foreclosures, loan modifications and servicing REO property needs.  He is a member of the banking law subcommittee of the ABA’s Business Law Section.  Mr. Williams received his B.A. from Colorado State University and his J.D. from the University of Denver College of Law.

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

Drafting Subleases & Assignments in Commercial Real Estate, Part 1

$75.00

Subleasing and assignments are essential instruments for tenants to reduce the size and cost of their space as their needs change. Landlords (and their lenders) often disfavor subleases and assignments because they might lose control of who occupies the space. Subleases come in a variety of forms, all of which need to conform to the provisions of the master lease. Because of this, subleases can quickly become wildly complex, and have the potential to give rise to multiple levels of friction and possibly litigation. This program will provide you with a practical guide to the types of subleases and assignments, key issues for landlords, tenants, and subtenants, and drafting tips Day 1: Subleasing v. assignments – when is each used or allowed? Types of subleases – no reference to master leases, reference by incorporation, custom subleases Standards of “reasonableness” in obtaining landlord consent to assignment or sublease Identifying and mitigating risks to tenants and subtenants in subleasing Landlord and lender concerns in subleases and methods to address   Day 2: Space recapture, profit sharing, and other landlord remedies Restrictions on use in subleases and subtenant risks Non-disturbance agreements with landlord and lender Subtenant remedies when tenant defaults on master lease Most important provisions of lease assignments   Speakers: Michael P. Williams is a partner in the Denver, Colorado office of SennViscianoCanges, P.C., where he has extensive experience in commercial leasing and tenant relations, acquisition and disposition of office, industrial, retail and multi-family properties, representing real estate professionals in disputes before their boards or in litigation, and advising homeowner associations.  He also assists lenders in pre-foreclosure workouts, foreclosures, loan modifications and servicing REO property needs.  He is a member of the banking law subcommittee of the ABA’s Business Law Section.  Mr. Williams received his B.A. from Colorado State University and his J.D. from the University of Denver College of Law.

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

Special Lease Issues for Medical/Dental Offices

$75.00

Leased Medical office space is now larger than industrial and nearly as large as retail leasing. These encompass primary medical and dental care practice, specialized surgical hospitals, long-term acute care facilities, community clinics, and health and wellness facilities.  All of these come with special leasing issues, including the creation and disposal of medical or hazardous waste, the installation of specialized equipment, additional regulatory compliance requirements associated with health care, and even patient privacy issues.  This program will provide you with a practical guide to special issues in drafting for medical and dental office space.  Types of medical properties and how leasing issues differ for each Medical offices in space not specifically designed for medical services Generation and disposal and medical and hazardous waste Accessibility issues and compliance with medical care regulations Landlord right of entry/patient privacy issues Installation of special medical/dental equipment and waiver of liens Special electricity needs and continuity of service Speakers:  John S. Hollyfield is of counsel and a former partner in the Houston office Norton Rose Fulbright, LLP.  He has more than 40 years’ experience in real estate law practice.  He formerly served as chair of the ABA Real Property, Probate and Trust Law Section, president of the American College of Real Estate Lawyers, and chair of the Anglo-American Real Property Institute.  He has been named a "Texas Super Lawyer" in Real Estate Law by Texas Monthly magazine and is listed in Who’s Who in American Law.  He is co-editor of Modern Banking and Lending Forms (4th Edition), published by Warren, Gorham & Lamont.  He received his B.B.A. from the University of Texas and his LL.B. from the University of Texas School of Law.

  • MP3 Download
    Format
  • 60
    Minutes
  • 12/23/2021
    Avail. Until
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Course1

Percentage Rent Leases in Commercial Real Estate

$75.00

To Be Determined

  • Audio Webcast
    Format
  • 60
    Minutes
  • 12/8/2020
    Presented
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Course1

Percentage Rent Leases in Commercial Real Estate

$75.00

To Be Determined

  • Teleseminar
    Format
  • 60
    Minutes
  • 12/8/2020
    Presented
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Course1

Construction Contracts: Drafting Issues, Spotting Red Flags and Allocating Risk, Part 2

$75.00

To Be Determined

  • Audio Webcast
    Format
  • 60
    Minutes
  • 10/28/2020
    Presented
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Course1

Construction Contracts: Drafting Issues, Spotting Red Flags and Allocating Risk, Part 2

$75.00

To Be Determined

  • Teleseminar
    Format
  • 60
    Minutes
  • 10/28/2020
    Presented
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Course1

Construction Contracts: Drafting Issues, Spotting Red Flags and Allocating Risk, Part 1

$75.00

To Be Determined

  • Audio Webcast
    Format
  • 60
    Minutes
  • 10/27/2020
    Presented
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Course1

Construction Contracts: Drafting Issues, Spotting Red Flags and Allocating Risk, Part 1

$75.00

To Be Determined

  • Teleseminar
    Format
  • 60
    Minutes
  • 10/27/2020
    Presented
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Course1

Joint Ventures in Real Estate, Part 2

$75.00

To Be Determined

  • Audio Webcast
    Format
  • 60
    Minutes
  • 10/14/2020
    Presented
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Course1

Joint Ventures in Real Estate, Part 2

$75.00

To Be Determined

  • Teleseminar
    Format
  • 60
    Minutes
  • 10/14/2020
    Presented
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Course1

Joint Ventures in Real Estate, Part 1

$75.00

To Be Determined

  • Audio Webcast
    Format
  • 60
    Minutes
  • 10/13/2020
    Presented
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Course1

Joint Ventures in Real Estate, Part 1

$75.00

To Be Determined

  • Teleseminar
    Format
  • 60
    Minutes
  • 10/13/2020
    Presented
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Course1

Parking: Special Issues in Commercial Leases

$75.00

To Be Determined

  • Audio Webcast
    Format
  • 60
    Minutes
  • 9/22/2020
    Presented
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Course1

Parking: Special Issues in Commercial Leases

$75.00

To Be Determined

  • Teleseminar
    Format
  • 60
    Minutes
  • 9/22/2020
    Presented
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Course1

My Client's Commercial Real Estate Mortgage is Due, Now What?

$75.00

When a commercial real estate loan comes due, there are, generally, three alternatives for clients: refinance the loan, if possible; sell the property, if possible; or restructure the development’s capital structure, perhaps with more equity. There are complex tradeoffs with each.  Renegotiating an extending a loan is time-consuming, even when lenders are willing, and potentially very costly. Selling a project in a frothy market is a possibility, but not universally, and may trigger adverse tax consequences. Most murky of all is restructuring the capital structure of project. This program will provide you with a practical guide to the issues of working with clients when their commercial real estate loans come due. Alternatives when a commercial real estate mortgage comes due Exploration of refinance options in an environment ofvolatile interest rates Role of preferred equity, mezzanine loans, and second mortgages Alternative of selling into a strong market Counseling clients about refinance in a time of certainty   Speaker: Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice.  He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use.  He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology.  Mr. Licata received his B.S., summa cum laude, from MacMurray College and his J.D., cum laude, from Harvard Law School.

  • Teleseminar
    Format
  • 60
    Minutes
  • 6/16/2020
    Presented
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Course1

My Client's Commercial Real Estate Mortgage is Due, Now What?

$75.00

When a commercial real estate loan comes due, there are, generally, three alternatives for clients: refinance the loan, if possible; sell the property, if possible; or restructure the development’s capital structure, perhaps with more equity. There are complex tradeoffs with each.  Renegotiating an extending a loan is time-consuming, even when lenders are willing, and potentially very costly. Selling a project in a frothy market is a possibility, but not universally, and may trigger adverse tax consequences. Most murky of all is restructuring the capital structure of project. This program will provide you with a practical guide to the issues of working with clients when their commercial real estate loans come due. Alternatives when a commercial real estate mortgage comes due Exploration of refinance options in an environment ofvolatile interest rates Role of preferred equity, mezzanine loans, and second mortgages Alternative of selling into a strong market Counseling clients about refinance in a time of certainty   Speaker: Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice.  He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use.  He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology.  Mr. Licata received his B.S., summa cum laude, from MacMurray College and his J.D., cum laude, from Harvard Law School.

  • Audio Webcast
    Format
  • 60
    Minutes
  • 6/16/2020
    Presented
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Course1

Opportunity Zones: The New Wave of Real Estate Finance

$75.00

In recent tax legislation, Congress created “Qualified Opportunity Zones” which provide substantial tax savings or even the elimination of any capital gains taxes on certain real estate.  The U.S. Treasury Department recently released final regulations implanting the law, finally allowing fund sponsors and investors the certainty they need to form funds and place investments. This program will review the major tax benefits of Opportunity Zones, the restrictions and requirements imposed by the regulations on these funds, and practical steps in drafting OZ documents.  Tax benefits to real estate investors in Qualified Opportunity Zones Review of recently released final QOZ final regulations Choice of entity for QOZ investments – what entities are better suited to the opportunity Relationship of QOZ benefits to Section 1231 property Key restrictions imposed by the new law and integrating them into transaction documents Counseling clients about the tradeoffs involved n QOZ transactions   Speaker: Ira B. Stechel is a partner in the New York City office of Akerman, LLP and has more than four decades experience representing clients in complex tax planning, controversy, and employee benefit matters.  His experience includes structuring tax efficient transactions and representing taxpayers involved in tax disputes and controversies before various taxing authorities at the federal, state, and local levels. He advises on corporate and real estate transaction work.  He is a member of the ABA Section of Taxation Committee on Real Estate, among other committees, and a member of the advisory board of Bloomberg BNA Tax Management, Inc.  Mr. Stechel earned his B.A. from the City College of New York, his J.D. from Cornell Law School, and his LL.M. from New York University. 

  • Teleseminar
    Format
  • 60
    Minutes
  • 6/22/2020
    Presented
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Course1

Opportunity Zones: The New Wave of Real Estate Finance

$75.00

In recent tax legislation, Congress created “Qualified Opportunity Zones” which provide substantial tax savings or even the elimination of any capital gains taxes on certain real estate.  The U.S. Treasury Department recently released final regulations implanting the law, finally allowing fund sponsors and investors the certainty they need to form funds and place investments. This program will review the major tax benefits of Opportunity Zones, the restrictions and requirements imposed by the regulations on these funds, and practical steps in drafting OZ documents.  Tax benefits to real estate investors in Qualified Opportunity Zones Review of recently released final QOZ final regulations Choice of entity for QOZ investments – what entities are better suited to the opportunity Relationship of QOZ benefits to Section 1231 property Key restrictions imposed by the new law and integrating them into transaction documents Counseling clients about the tradeoffs involved n QOZ transactions   Speaker: Ira B. Stechel is a partner in the New York City office of Akerman, LLP and has more than four decades experience representing clients in complex tax planning, controversy, and employee benefit matters.  His experience includes structuring tax efficient transactions and representing taxpayers involved in tax disputes and controversies before various taxing authorities at the federal, state, and local levels. He advises on corporate and real estate transaction work.  He is a member of the ABA Section of Taxation Committee on Real Estate, among other committees, and a member of the advisory board of Bloomberg BNA Tax Management, Inc.  Mr. Stechel earned his B.A. from the City College of New York, his J.D. from Cornell Law School, and his LL.M. from New York University. 

  • Audio Webcast
    Format
  • 60
    Minutes
  • 6/22/2020
    Presented
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