NEW Webinars: CRE Response to COVID-19
Friday, March 27, 2020
Advantage Series: CRE Response to COVID-19
NAIOP is dedicated to providing its members critical information on how the COVID-19 pandemic is impacting commercial real estate. Three new webinars next week will address topics our members have said are most important to them right now. All webinars are recorded and available on-demand after the live presentation.
Webinar One: COVID-19: Liability and Insurance Considerations for CRE Building Owners
Date and Time: Tuesday, March 31 | 2-2:30 p.m. ET
Description: Major challenges are in store for building owners as tenants struggle with the fallout from the COVID-19 pandemic. Attorney George Pincus will discuss a number of issues to address this situation, including:
- Establishing effective communication with tenants to avoid liability issues and not waive rights and remedies under leases.
- Handling exposure incidents at your property and properly giving notice to CGL insurance carriers.
- Understanding laws on impossibility of performance and force majeure and what practical approaches landlords should consider in the current situation.
George Pincus, Shareholder, Stearns Weaver Miller, P.A.
George Pincus, of Stearns Weaver Miller, P.A., based in Fort Lauderdale, Florida, has over 30 years of commercial real estate experience and has counseled clients through distress events in numerous real estate down cycles, dating back to the days of the RTC through the 2007-2008 downturn.
CANCELLED - Webinar Two: Rent Abatement During COVID-19
Update: Unfortunately, the webinar "Rent Abatement During COVID-19," on Wednesday, April 1 at 2 p.m. ET, has been cancelled.
The topic of rent abatement will be covered in Tuesday's webinar, March 31.
Date and Time: Wednesday, April 1 | 2-2:30 p.m. ET
Description: Retail tenants are closing their doors during the COVID-19 pandemic – some temporarily, some perhaps forever. Force majeure, frustration of purpose and impossibility of performance are the three most talked about tactics tenants are employing to justify rent abatement. How do they apply in this environment and what are the risks? Warren Karp, co-chair of the New York office of Greenberg Traurig LLP and chair of its Global Retail Practice, will discuss what tenants and stakeholders should be looking for in leases, understanding your rights, and theoretical solutions to a seemingly insolvable problem. Landlords, tenants and lenders will all have to work together to find solutions so that when business can resume, both properties and tenants are in the best possible position for recovery.
Warren J. Karp, Co-chair of the New York office of Greenberg Traurig LLP and Chair of its Global Retail Practice, Greenberg Traurig, LLP
Webinar Three: U.S. Construction Considerations During the COVID-19 Pandemic
Date and Time: Thursday, April 2 | 2-2:30 p.m. ET
Description: The COVID-19 pandemic has radically impacted how development and construction firms operate. The industry is currently navigating rapidly changing governmental orders concerning business closures, many of which vary state by state, as well as major disruptions of ongoing projects. Now is also the time for these businesses to think ahead about how they will deal with delay claims and claims for additional compensation once the full extent of the COVID-19 impact is known. Duane Morris, LLP attorneys Meghan DiPerna and Kenneth Lazaruk will take questions and discuss challenges such as supply chain unavailability, labor shortages and contractual force majeure provisions.
- Meghan DiPerna, Partner, Duane Morris, LLP
- Kenneth Lazaruk, Partner, Duane Morris, LLP