The Real Estate and Construction industry may be huge, but ultimately, as with all industries, it comes down to the people who help make it all come together. From time to time, we like to profile some of those people.
Joe Rich is CIO and a senior vice president at The Related Companies, an owner, operator and fund manager of real estate based in New York City. Rich has been with Related for five years as the CIO. Prior to that, he was CIO at New York-based real estate developer Tishman Speyer.
Enactment of the massive infrastructure package creates funding opportunities as federal agencies prepare to award funds across a large swath of U.S. sectors and industries, including energy, broadband, water, transportation, electric vehicles and cybersecurity. On November 5, 2021, the U.S. House of Representatives passed the Infrastructure Investment and Jobs Act, a major infrastructure spending bill, which President Biden is expected to sign into law. The package includes $1.2 trillion for roads, bridges, electric vehicles, broadband, cybersecurity, water resilience and drinking water upgrades, and grid resilience, and other infrastructure priorities. Colleagues Nancy A. Fischer, Aimee P. Ghosh, Benjamin J. Cote, Craig J. Saperstein, Moushami P. Joshi, and More detailed analyses on specific items in the bill will be available in the coming days and weeks at Pillsbury’s American Infrastructure Investment Resource Center (pillsburylaw.com).
The House of Representatives passes the Senate version of the Infrastructure Investment and Jobs Act (IIJA), the construction industry continues to struggle with labor shortages, effects of climate change put the built environment at risk, and more.
Amenity-rich buildings become a key focus in enticing employees back into the office, supply chain links are strained by a lack of storage capacity in warehouses and port areas, green lease signings are on the uptick, and more.
At longtime client Clark Construction, Dave Beck took charge of risk management just weeks before the COVID-19 pandemic struck.
David Beck made a big career move last year—just how big, he soon learned. In January 2020, Beck became division president for risk management at Clark Construction Group, a major national builder based in Bethesda, Md., with more than 4,000 employees across the U.S. In business since 1906, Clark has grown from a small, local excavator into one of the country’s best-known providers of construction services.
Commercial real-estate sales surge in the third quarter, blockchain-integrated real estate is poised to span into new sectors, a major home builder is teaming with a Texas startup to create a community of 100 3-D printed homes, and more.
Having your Contractor’s License up and running to perform work when needed, where needed, is an indispensable compliance matter that contractors face every year. However, this indispensable process may also be cumbersome and time consuming. Knowing the regulations applicable to your business in each state and what to do, how to do it, and when to do it, is of critical importance to maintain compliance and your ability to work in different states.
In this post we will do a high-level review of reporting obligations in California and Louisiana.
Our Bay Area COVID-19 Rules Tracker summarizes the face-masking requirements currently in effect around the San Francisco Bay Area that apply to business and office settings. Though many of the Bay Area counties have adopted similar or identical masking and isolation/quarantine rules, there are some key differences between the requirements in place in each county. This chart will be updated periodically as local rules and conditions evolve.
Laura LoBue, a Litigation partner in Pillsbury’s Construction Counseling & Dispute Resolution practice, was featured in Building for Good (B4G)’s attorney spotlight series ‘Spotlight for Good,’ which was recently showcased by the American Bar Association’s Forum on Construction Law.
In 2019, LoBue joined Building for Good, launching its services in D.C. and establishing Pillsbury’s ongoing partnership with the organization. LoBue is a significant volunteer resource for Wildflower Schools pro bono projects as they go from conception, through construction, up to operation. In addition, she is a member of B4G’s Development Committee and helps to grow its fundraising platform in the D.C. area. Read LoBue’s full feature here.
Partner Caroline Harcourt recently moderated Bisnow’s panel, “High Risk, High Reward: Finding Investment Opportunities in Pandemic-Challenged Sectors” panel on Tuesday, October 5.
Topics covered identifying the key components to maximize returns on your next deal and insights on contrarian philosophies in opportunistic investment opportunities. In case you missed it, click here to view the recording.
