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Real Estate Institute 2021 - Day Two

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Paint It Black: Be the Hero on Your Law Firm’s Lease
In the central business district, as well as most suburban submarkets, the imbalance between office space inventory and pace of absorption present conditions that are extraordinarily favorable for law firms (and their clients). Transaction results are achievable that generally were unthinkable two years ago—if one knows where to look and how to use the leverage created by this environment.  
The presentation will inform the audience about market trends that underly these favorable conditions for office space users and highlight key criteria and analytical tools to use in evaluating space options for your law firm or clients of your firm.
We expect the program will spark conversation among Real Estate Investment attendees—and their law practices’ respective facilities committees.

Fast and Furious - Negotiating a Commercial Agreement of Sale
Using a mock negotiating platform taking both the Buyer and Seller positions, this session examines the elements of a commercial agreement of sale, with drafting tips and examples of provisions customarily included in such agreements primarily from the perspective of the purchaser. 
The program will include a discussion of contingencies and matters specific to Pennsylvania commercial real estate transactions such as bulk sale and assignment/novation relating to realty transfer tax issues. The program will also offer an interactive discussion between the presenters - who are attorneys as well as clients.

Leasing in the Age of COVID
The COVID-19 pandemic has had a damaging effect on the real estate landscape. Both landlords and tenants have been affected as many businesses shut down in hopes of protecting the public and their employees. Although the worst of the pandemic is hopefully over, landlords and tenants will seek counsel to avoid the legal pitfalls they encountered during the pandemic. 
This presentation will help you navigate through commercial and residential lease provisions and strategies to successfully operate moving forward.  
Topics include: 

  • Effects of COVID-19 on the commercial and residential real estate leasing market
  • Primary implicated lease provisions
  • Potential solutions and considerations
  • Updates on the eviction process

Ethical Issues Dealing with Real Estate 
This seminar will offer an interactive discussion on steps real estate practitioners can take to protect themselves from lawyer’s professional liability claims of all types. The goal of the program is not to discuss how one successfully defends such a claim, but rather the steps one can take to prevent even a meritless claim from being filed in the first place. 

Developing Real Estate: The Major Issues 
The development of real estate involves more than just buying the land and putting a shovel in the ground. This session will provide an overview of the issues that may arise in a development project and include helpful hints for navigating complex development processes.

Recorded at Day Two of the Real Estate Institute in December 2021. 

Practice Areas


Clementa M. Amazan Esq. Zarwin Baum DeVito Kaplan Schaer & Toddy PC (Phila)
David Blumenfeld Esq. Cross Properties
Erik M. Hume Esq. Saxton & Stump, LLC (HBG)
Rosemary J. Loverdi Esq. Dilworth Paxson LLP (Phila)
Gary L. Lozoff Esq. Tactix Real Estate Advisors
Alan L. Nochumson Esq. Nochumson PC
Daniel Ritterman Esq. Tactix Real Estate Advisors
Paul C. Troy Esq. Kane Pugh Knoell Troy & Kramer, LLP
Faculty may vary by location.
PBI reserves the right to substitute speakers at all programs.
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