Protecting Payment–The Owners Perspective
This is the fifth in our series of blog posts regarding the protection of the right to payment in construction with a focus on mechanics and construction liens. This time the focus is reversed.
There are obviously two sides to the payment and lien equation. An owner’s perspective on lien claims is that there should
What is a Lienable Contribution?
This is the fourth in a series of posts addressing the protection of the right to payment in the construction industry using construction lien rights as a tool. Prior posts reviewed the information and analysis needed to identify available lien protections and the early notices many states require. This post highlights the fact that things
Bisnow “State of the Market” Offers Upbeat View of Commercial Real Estate in Minneapolis
Political storm clouds may be gathering over Washington, D.C. and trade wars may be roiling financial markets in the U.S. and overseas, but in Minneapolis-St. Paul, the real estate market continues to move steadily along with an uptick in speculative office projects and continued low vacancy rates in multifamily projects. That was the assessment of
Early Notice May be Required to Qualify for Lien Protections
This is the third in a series of posts on protecting the right to payment in the construction industry. In the last post we reviewed the information and analysis needed to identify the protections available in a given situation. Collecting and acting on good and focused information are the key.
Next, however, comes the need
Public Project, but Private Property Owner Pain
In case you missed it, WCCO ran a story the other night about a small business owner who has been displaced through condemnation of her property by the massive, two-billion dollar Southwest Light Rail project. The business owner said she was promised by the project’s sponsor, the Metropolitan Council, that she would be “made whole.”
Finding the Future: Guatemalan Fishing Village Bans Plastics
Visitors to San Pedro La Laguna typically arrive by water taxi at docks that are shared with fishing boats and tour guides. Just up the hill a couple of blocks is a long bright banner strung between buildings announcing the plastics’ ban rolled out three years ago. San Pedro is a small town of
Upcoming Ramsey County Elections Could Have a HUGE Impact on Local Development
Politics can be loud. With all the national media and punditry focused on the 2020 presidential primary, it would be easy to miss the significant local races on the ballot this November. However, with economic markers pointing towards a potential slowdown or recession, having a strong understanding of the local political landscape is essential for
Construction Liens Must be Protected Early – Sometimes Within Weeks of Starting a Job
This is the second in our series on protecting the right to payment in the construction industry. In the first of our series we set the stage for using construction lien rights to enable the credit that runs the construction industry and as a form of security for payment. Those lien rights are not self-executing,
Mayo Expands Beyond Bricks and Mortar to Reach Consumers: Interview with Jim Yolch, Global Business Solutions
At each of three campuses, located in Minnesota, Arizona and Florida, Mayo Clinic is busy expanding hospital, clinic and treatment facilities. These building projects are designed to offer leading approaches in medicine, centered on diagnosis and treatment of difficult diseases – the key to Mayo’s worldwide reputation as one of the top providers of
What and Why are Construction Liens Anyway?
This post is the first of a series to highlight means and methods for businesses in the construction industry to protect their rights to payment for what they do. Follow along as we touch on issues of contracts, collections, construction liens and the corresponding interests of the developers and property owners who build. Although the