LIBOR Transition Moves Forward - CREModels

As LIBOR deadlines come into focus, crafting fallback language and vetting SOFR become top priorities for businesses and regulators. Businesses across the globe are preparing to say goodbye to LIBOR with a move to a new benchmark that has been called a “seismic shift” for many financial institutions.

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CAM Reconciliation: Deadlines Loom Large

A sinking feeling hits many people this time of year as tax time creeps closer. But for landlords in retail real estate, it can be a bit of a double-whammy: Not only are their taxes due, but the deadline for CAM reconciliations looms large as well. Generally speaking, retail tenants’ reconciliations for common area maintenance…

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Opportunity Zones Development Risk

Amazon’s announcement that it plans to pull the plug on HQ2 in New York is a cautionary tale for Opportunity Zone investors. Amazon justified its about-face by citing fierce opposition from what The New York Times described as “a group of activists and elected officials who objected to a suite of corporate sweeteners and tax breaks.”…

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