CRE Insider Blog

Welcome to the CRE Insider Blog, a source of info and insights from First American’s leading real estate experts.

Debtor’s Rights of Redemption from a Mezzanine Loan UCC

By Mike Berey on March 16, 2021
In Atlas MF Mezzanine Borrower, LLC v. Macquarie Texas Loan Holder LLC, 2019 NY Slip Op 04495, decided June 6, 2019, the Appellate Division, First Department, dismissed causes of action seeking an Order overturning a mezzanine loan foreclosure sale, on ...
Read More

Topics: mezzanine loan

NYC Local Laws For Pandemic Upheld

By Mike Berey on February 23, 2021
In a decision dated November 25, 2020, the United States District Court for the Southern District of New York upheld the validity of three local laws enacted in response to the COVID-19 pandemic. The Local Laws are the “Residential harassment law” (Local ...
Read More

Topics: New York laws for pandemic

Lease Surrender’s Liquidated Damages Provision Held Unenforceable

By Mike Berey on February 3, 2021
A lease between the Plaintiff, as landlord, and the Defendant, as tenant, was terminated. Under the Settlement Agreement the Defendant paid the Plaintiff $261,751.73. The Agreement also required the Defendant to make monthly “Surrender Payments” and ...
Read More

Topics: liquidation landlord

New York Amends Laws Governing Powers of Attorney

By Mike Berey on January 13, 2021
On December 15, 2020, New York State amended Title 15 (“Statutory short form and other powers of attorney for financial and estate planning”) of Article 5 of New York State’s General Obligations Law. Chapter 323 of the Laws of 2020 is effective on “the ...
Read More

Topics: power of attorney

Right of First Refusal Not Triggered by a Stock Sale

By Mike Berey on December 8, 2020
A lease to a part of certain property granted the tenant an “option to buy”. Notwithstanding this provision, and a “first option to buy” granted by the lease to a person not a party to this action, the fee owner - lessor’s sole shareholder sold her ...
Read More

Topics: stock sale right of first refusal

Tips to Maintaining a Healthy Work-life Balance While Working Remote

By Alex Weber on August 19, 2020
Maintaining a healthy work-life balance allows employees to balance between work and personal responsibilities. Creating a healthy balance will increase your productivity. A study by Lowe (2005) found that one out of four employees experiences high ...
Read More

Topics: working from home remote work

Subscribe for Updates

Subscribe to First American's CRE Insider Blog for thoughtful posts from the frontlines of our dynamic industry and First American's efforts to improve the real estate transaction for all parties involved.

×