The impact of the COVID pandemic is far-reaching, upending the norms of operation for businesses and families around the world. I recently moderated the Bisnow webinar panel Minneapolis Health Care Update which included developers of health care facilities. The panel confirmed that the impact on the health care provider community has been especially significant and
Commercial Real Estate
2020 in Review: Brandi Kerber and Victoria Dutcher’s Series on Commercial Lease Negotiations in Uncertain Times
Prior to 2020, the world of commercial real estate was dominated by highly unique leasing arrangements. This year has only added to the individualized nature of commercial leasing arrangements and the need for both landlords and tenants to pay close attention to the terms of their existing and future lease agreements. Brandi Kerber and Victoria…
Commercial Lease Negotiations in Uncertain Times: Market Trends Surrounding Property Improvements Part 2
In our last post we welcomed the following guests to introduce themselves, to share advice they are currently offering to clients as they navigate the COVID-19 pandemic, and to share their initial observations surrounding property improvements as some businesses are beginning to re-open their doors to employees, customers, and clients:
Continue Reading Commercial Lease Negotiations in Uncertain Times: Market Trends Surrounding Property Improvements Part 2
Pandemic is Driving the Pace of Change in Office Environments
Rather than immediately downsizing, employers are considering revamping their workplaces in response to the work from home experiment. According to Erin Fitzgerlad and Gordon Wright, panelists on Bisnow’s webinar Twin Cities Deep Dive: Future of Office, clients are rethinking how they use their space and how to make employees feel comfortable returning to work in…
Commercial Lease Negotiations in Uncertain Times: Introducing New Blog Series
As the COVID-19 pandemic and civil unrest have swept through the United States, we have been presented with novel challenges and uncertainty in nearly all aspects of life, including commercial real estate. The world of commercial real estate, dominated as it is by highly-individualized leasing arrangements, has always presented real estate attorneys with unique leasing…
Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?
Updated 9/8/2020
This post is co-written by Gary Van Cleve, Mitchell Simonson and Josh Folland
This unprecedented time of pandemic has brought social interaction to an abrupt halt with cautious open-up just beginning. Americans have had to learn to live, work, educate their children, recreate, shop and otherwise transact business—all while social-distancing, self-isolating and not…