News & Publications

While some commercial real estate loans are fully funded at loan closing, others are funded in whole or in part through future advances. Some loans provide for future advances to fund tenant improvement work and leasing commissions and/or capital improvements. Loans on transitional properties that do not have a rent stream sufficient to fully fund the property's operating expenses may also include future funding for shortfalls in debt service payments and other carry costs such [...]

As part of the first "comprehensive regulatory review" in nearly 40 years, the Department of Labor (DOL) recently proposed to amend, update, and "modernize" the regulations at 29 CFR parts 1, 3, and 5, which implement the Davis-Bacon Act (DBA) and the Davis-Bacon Related Acts (collectively, the DBRA). The background on and an overview of these important revisions to the DOL's regulations, which set forth rules for the administration and enforcement of the Davis-Bacon labor standards that [...]

After several years of pessimism about the retail market, industry leaders report growing optimism about demand for retail space in the Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey. According to the Survey results, retail developers have solid growth opportunities across the state, especially in areas where surging residential development is increasing demand for retail. The greatest levels of optimism came from respondents in East Bay, Silicon Valley, Orange County, and San [...]