Marijuana leasing presents a series of unusual challenges for the real estate lawyer. How do you handle a business that is selling a substance that is legal under state law, but not federal law? How do you respond to a tenant that wants to pay rent with a grocery bag full of cash since its use of the banking system is severely restricted? What are the unique concerns in a lease involving marijuana and how do you deal with the difference between a wholesale/grower’s leases and a retail lease? Please join Dave Camp as he learns from Jack Fersko, an ACREL member who has represented parties on both sides of these transactions and written extensively on this topic.

This episode of The Deep Dirt Dive discusses the various components in a real estate finance third party legal opinion. Discussion includes how third party legal opinions follow a customary style in dealing with the covered documents, assumptions, qualifications, the substantive opinions covered by the opinion, and opinion reliance issues. Also discussed are how customary practice and the various real estate reports influence how opinions are written.

Participating in this episode are ACREL Fellows Scott Willis from Louisiana and Nancy Little from Virginia.

This episode of the Deep Dirt Dive investigates DOGE’s recent efforts to evaluate and restructure the real estate portfolio owned or leased by the GSA, on behalf of Federal agencies, throughout the U.S. The presentation analyzes the significant, ongoing, and evolving efforts of the DOGE team to pare down and reshape the largest single portfolio of owned and leased properties in the country. We explore the initial and prospective results of this DOGE initiative and the issues it raises for attorneys in representing clients whose properties are implicated in potential lease terminations or who might wish to bid on excess Federal properties.

ACREL Fellows David Miller and Andrew Weiner of Pillsbury Winthrop Shaw Pittman LLP are joined by their partner Michael Rizzo, a Government Contracts & Disputes specialist, as they discuss their insights and personal experience from years of representing clients in this area from their respective bases in New York, Los Angeles and the Washington, D.C. metropolitan area.