This is the second of a two-part series addressing special considerations for government lessors in the current commercial real estate market. Part I addressed the risks posed by government downsizing and early lease...more
8/15/2024
/ Assignments ,
Commercial Leases ,
Commercial Property Owners ,
Deed-in-Lieu of Foreclosure ,
Deeds ,
Distressed Assets ,
Federal Acquisition Regulations (FAR) ,
Foreclosure ,
General Services Administration (GSA) ,
Lenders ,
Novation ,
OMB ,
SAM ,
Time Extensions
The commercial real estate market in the United States is undergoing a profound shift as building vacancy increases in most major markets and as trillions of dollars of financing are coming due in 2024....more
4/2/2024
/ Abandoned Property ,
Calculation of Damages ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Real Estate Market ,
Contract Terms ,
Damages ,
General Services Administration (GSA) ,
Government Agencies ,
Lease Termination ,
OMB
The General Services Administration (GSA) released Lease Acquisition Circular, LAC-2020-01, issuing Leasing Desk Guide, Chapter 23, Lease Acquisitions Using Unusual and Compelling Urgency, on April 2, 2020. In light of the...more