3 Top Considerations For Adaptive Reuse Projects For Industrial Properties

As the world has become more and more technologically advanced, so too has the demand for updated industrial buildings and properties. Rather than upgrade existing facilities, some businesses have opted to move operations to a new location in order to develop entirely new facilities, resulting in an unfortunate plethora of vacant industrial properties and buildings in cities across the country.

Fortunately, as construction costs continue to escalate and real estate developers look to revitalize historic […]

By | July 6th, 2024 ||

Illinois Appellate Decisions Offer Guidance For Claims Against Real Estate Professionals

It is no secret among professional liability defense attorneys that the sellers of residential real estate are not the only parties susceptible to lawsuits alleging insufficient disclosures. Illinois real estate brokers and their agents also routinely are named as defendants in these cases.

Negligent misrepresentation claims against real estate professionals are common and are often accompanied by claims under the Residential Real Property Disclosure Act (Disclosure Act) and Article 15 of the Real Estate Licensee […]

By | July 2nd, 2024 ||

Primer On Commercial Real Estate Loan Workouts And Right-Sizing, Part I

Today’s commercial real estate market is in distress and has been, across a variety of asset classes, for several years. The reasons are well-known. Less well known is possibly the surest solution in this down cycle. This is a method to right-size commercial real estate loans where the value of the underlying real estate is so much lower than it was only a few years ago.

Today’s commercial real estate market is in distress and […]

By | May 14th, 2024 ||