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CARES Act provides relief for small businesses through SBA loans and programs

USA - April 3 2020 The CARES Act has given funding and authority to the Small Business Administration (SBA) to help small business through three new programs: Paycheck…

Halpin J. Burke, Victoria A. Gilbert, Kristen Greenberg, Spenser Owens, Sarah Rowan.

CARES Act enacts foreclosure and eviction moratoriums for federally-backed multifamily loan programs

USA - March 30 2020 The CARES Act signed into law on March 27, 2020 includes a number of provisions affecting multifamily properties with federally-backed loans. A…

Halpin J. Burke, Spenser Owens, Sarah Rowan.

A break for multifamily property owners during COVID-19 outbreak

USA - March 25 2020 In an effort to keep renters in their homes and to provide some economic flexibility to multifamily property owners amid the growing COVID-19 crisis…

Spenser Owens.

HUD, FHFA and states freeze single-family home foreclosures and evictions due to COVID-19

USA - March 23 2020 On March 18, 2020, by Mortgagee Letter 2020-04, the U.S. Department of Housing and Urban Development (“HUD”) directed all servicers of FHA…

Spenser Owens.

Key issues in negotiating financeable ground leases

USA - July 28 2017 Ground leases are generally long-term leases of property entered into between a property owner and tenant where the tenant leases land and…