Landlords, tenants and their lenders are facing unique and difficult challenges as a result of the economic and social changes brought by the COVID-19 pandemic. In response, Lane Powell has assembled a COVID-19 Landlord/Tenant Response Team, consisting of a cross-practice group of attorneys with unique backgrounds and perspectives in real estate law. This collaborative team advises businesses looking to restructure, and counsels both landlords and tenants seeking to renegotiate, terminate or reassess their lease agreements. Clients include national chains, senior housing providers, commercial lenders, high-net-worth individuals and institutional landlords.
Co-Chair Bruce Cahn, whose practice focuses on sophisticated large-dollar commercial, business and real estate disputes, added, “Property owners and tenants are facing real uncertainty right now about their businesses, their obligations and their rights. Our Landlord/Tenant Response Team brings together a number of experienced professionals to help navigate the changing governmental regulations, legal requirements and practical realties of the pandemic. Our goal is to help our clients get through this current situation in a position to succeed and thrive in a post-pandemic environment.”
“Renew or terminate, pay or withhold, remain or vacate – these are the difficult decisions we assist landlords and tenants with every day,” said commercial litigator and the team’s Co-Chair, Abe Lorber. “Now, we can use this extensive knowledge to help our clients determine what outcomes make most sense as a result of COVID-19 impact.”
The team is committed to keeping abreast of the rapidly developing legal landscape, including understanding the intricacies and uncertainties surrounding Paycheck Protection Program loans, state and local regulations and proclamations, and emergency court rulings and procedures. This industry knowledge allows Lane Powell to advocate for its clients with maximum effectiveness.