Real Property Solutions

The real estate issues emerging as a result of COVID-19 and its subsequent economic impact are complex, diverse and serious. We have been helping commercial real estate clients navigate these novel issues efficiently to manage risk and operate in our changing business environment.

Our experienced team will provide the legal assistance and guidance you need as your organization deals with these urgent or longer-term issues, helping you develop and evaluate innovative approaches to address the associated impacts while ensuring the protection of your business and, in certain cases, concurrently advance public health initiatives. Our strategic support includes:

  • Advising parties to a wide variety of commercial real estate transactions on completing transactions while working remotely
  • Addressing novel contractual issues raised by the COVID-19 crisis, including with respect to force majeure and material adverse event clauses
  • Developing creative solutions to leasing arrangements, including rent deferral arrangements and rent relief agreements
  • Assisting borrowers and lenders with alternative financing arrangements, covenant support matters and related agreements, including forbearance agreements
  • Navigating government service closures and delays affecting development and construction projects, as well as the municipality planning and permitting process
  • Accessing government programs for funding and business support
  • Providing advice with respect to business interruption insurance for losses caused by the COVID-19 crisis
  • Advising property owners and hospitality providers who may be considering providing or repurposing existing space in support of overflow health care and hospitalization requirements. Our lawyers are well-suited to advise on issues relating to sanitation, insurance, security and other considerations that such arrangements may raise
  • Advising on title insurance coverage matters and unique endorsements being provided in present circumstances
  • Structuring and restructuring new or existing deals involving real property