For mechanic lien claimants having “priority” is a charmed state. Priority refers to the ordering of claims against a piece of real estate. Claims with first priority get paid first from the proceeds of a sale or foreclosure. Being “junior” can mean no payday at all.
Minnesota, like most states, has its own rules for
Last week I moderated an online forum in which three recognized experts in various segments of the real estate industry shared their respective crystal balls as we close out 2020 and look ahead to 2021. The panelists included Tim Elam, Managing Director, Scannell Properties, James Freytag, SVP, CBRE, and Gretchen Camp, Principal, ESG. Each panelist
Walk anywhere in the five and a half million square feet that make up Mall of America and you will find signs of COVID…literally signs that help keep guests safe as they visit and shop the country’s largest retail destination. Sanitation stations are a few feet apart in every hallway. Masks are required and
The United States is now more than 10 months into responding to the COVID-19 health care crisis. Minnesota has been grappling with it in earnest since at least March 2020 when Gov. Tim Walz initiated a series of executive orders designed to stem the spread of the disease until testing and/or a vaccine can be
The EEOC has encouraged employers to voluntarily modify employment practices and systems which create barriers to equal employment opportunity, without waiting for litigation or formal government action. The EEOC has said that the principle of nondiscrimination in employment because of race, color, religion, sex or national origin and the principle that each employer should take
The construction world is changing rapidly like everything else. Tech is making its way ever deeper into the construction industry. The shortage of labor has become chronic since the Great Recession. Covid-19 has only made that problem worse. At the same time, the pool of potential new hires is inexorably growing more diverse.
Diversity is
Like most things in 2020, the multifamily housing market is in a state of flux. Recently, I had the opportunity to moderate the Bisnow webinar, Twin Cities Deep Dive: Multifamily Update. The panelists included Brent Webb, Development Manager, Mortenson, Christian Osmundson, Director of Development, Alatus, and Josh Brandsted, President of Greco Properties. These leaders
When COVID-19 began its pernicious spread, causing Americans to lock down and employers to close or curtail their workplaces, lawyers were busy advising clients on required leaves of absence, the eligibility of laid-off employees for unemployment compensation and other paid benefits, as well as other legal issues associated with closing a business or sending a
The global pandemic has affected every aspect of life in America and across the world, the multifamily housing market is no exception. The impact of the pandemic is affecting every aspect of multifamily development from product design and selection, to getting deals done, to building management and operation.
Over the last decade, there has been
This is the sixth and final post in a series of blog posts on the topic of commercial leasing during these uncertain times. Throughout the summer this series has explored a number of commercial leasing related questions raised by both commercial landlords and commercial tenants.
Even before 2020, the world of commercial real estate was
Even before the COVID-19 pandemic began, communities in Greater Minnesota were facing uncertain futures. Now, nearly six months into a peacetime emergency that was first declared by Governor Tim Walz on March 13, 2020, the impacts of COVID-19 have only exacerbated the economic development challenges Greater Minnesota has faced for years. Farm incomes are at