Since the COVID-19 pandemic gripped the United States in March 2020, many developers and borrowers with real estate construction or rehabilitation projects underway are faced with the critical question of whether they can adhere to the construction, conversion and other deadlines set forth in the project’s loan documents. Here are some key items to review if COVID-19 may cause the project to miss a critical deadline.
Web Exclusive: Attorney’s restoration brings river house back to life
Before she even saw the house at auction, Beverly Corn firmly put her foot down with a resounding no. “I kept saying, ‘I’m not doing it. I don’t know what donkey you think is going to drag me into this, I’m not doing it,’” Corn said. But that was two years ago, before the newly christened Riparian House in her childhood hometown came back to life with her help.
Economic excitement: Immigration law firm plans to boost businesses, communities with foreign investors
Marco Moreno was introduced to the idea of economic development by watching a rundown, forgotten neighborhood in Indianapolis get a second chance. He came to the Circle City to study law and was intrigued by the neighborhood redevelopment work. A few years later, his interest was reignited when he learned how regional centers were boosting international funding for projects designed to grow businesses and help communities in the United States. Now the immigration attorney is running a unique regional center in Indianapolis.Read More
Lake Michigan shore fight continues in court, Legislature
The years-long struggle between public and private rights along Indiana’s Lake Michigan shoreline continues in the Indiana Statehouse and in federal court, even as the state marks the two-year anniversary of a landmark Indiana Supreme Court decision that ruled in the public’s favor.Read More
From a bicycle to a jet: New Marion County Justice Center to put technology first
Lawyers who have had a hearing or trial in the Indianapolis City-County Building often had to bring their own equipment, lug in the hardware, use their own applications and programs to present their material, then pack and lug everything back to the office. The situation will be dramatically different at Marion County’s new Community Justice Center under construction southeast of downtown.Read More
Indianapolis-based Simon Property Group Inc. on Wednesday morning announced it has called off its deal to acquire rival shopping center owner Taubman Centers Inc. for $3.6 billion.
The Indiana Court of Appeals has again rejected a Monroe County resident’s requested preliminary injunction that would prevent logging from taking place on land near his home.
A Lake County court ruling for a township that removed light fixtures and historical artifacts from a building it sold after the property had already been purchased was reversed by the Indiana Court of Appeals on Thursday.
A consulting company could not convince the Indiana Court of Appeals that it was entitled to judgment as a matter of law in an Indianapolis car dealership dispute that it lost.
Reversing a trial court that determined Miami County was responsible for fixing six crumbling dams in a lake community housing addition, the Indiana Court of Appeals found the county was responsible only for the roads that crossed the tops of the embankments.
A federal lawsuit filed against Rainbow Realty, a rent-to-buy real estate company in Indianapolis, will proceed as a class action after the Southern Indiana District Court certified several plaintiffs’ claims including discrimination, failure to disclose and violating state habitability requirements.
Recent data suggests owners, architects, contractors and others involved in the construction process are gravitating toward alternative dispute resolution. Mediation, in particular, is emerging as a preferred – and in many cases, required – option.
Following Indiana Gov. Eric Holcomb’s March 23 stay-at-home order, tenants, landlords and lenders have been scrambling to review what rights, remedies, and obligations they have under their respective real estate documents.
A utility company is not responsible for extensive flooding damage to a property management company building after its fire sprinkler pipes burst after winter, the Indiana Court of Appeals ruled Wednesday.
After considering a dispute over ownership of a Floyd County criminal justice center, the Indiana Supreme Court on Monday concluded a turnover provision in a lease between the county and the building authority is valid and enforceable. Justices granted title to the county in a long-running dispute.
The Chicago-based law firm of Kovitz Shifrin Nesbit now has an Indiana address with the completion of its acquisition of the Tanner Law Group, an Indianapolis firm that represented the largest number of community associations in the Hoosier state.
Tenant protections that the city of Indianapolis put in place just weeks ago are set to be overruled by state legislation that passed both chambers of the Indiana General Assembly on Wednesday.
An Indiana community along Lake Michigan has filed a federal lawsuit over its battle with shoreline erosion, saying the town’s infrastructure is in danger of “total destruction.” The suit comes as homeowners and communities along the lakeshore deal with record high water levels in the Great Lakes.
Homeowners who secured a victory over a neighboring fairground property in a motorized racing dispute will get damages and appellate attorney fees for frivolous litigation, the Indiana Court of Appeals has ruled.
A Fulton County man will not be permitted to build a concrete seawall on his lakefront property after the Indiana Supreme Court unanimously denied transfer to his case. But Justice Geoffrey Slaughter wrote separately to invite legal challenges to the system for adjudicating agency legal disputes like the instant case out of the Indiana Department of Natural Resources.
The Indiana Court of Appeals has vacated an order requiring an Edinburgh antique store to leave its place of business, finding an agreement between the store and the real estate’s owner was a land sale contract and not a lease subject to an eviction proceeding.
Old National Bank has sued local developer Paul Kite, alleging he and his company, PK IND Partners LLC, owe millions of dollars for a loan tied to the 2008 redevelopment of property at Indianapolis International Airport.
The Indiana Tax Court has reversed an Indiana Board of Tax Review’s final determination, answering the dispositive issue of whether an assessor should have capped a homeowner’s 2013 property tax liability at 1% instead of 2% of her property’s gross assessed value.
A City-County Council committee has advanced two proposals that support Indianapolis Mayor Joe Hogsett’s tenant-protections initiative, despite opposition from landlords and organizations that represent them.