Chicago Real Estate partner Kenneth Jacobson will serve as a lead panelist during a session of the American College of Real Estate Lawyers (ACREL) 2018 Annual Meeting entitled, "Possession Isn't Nine-Tenths of the Law: Sophisticated Ground Lease Transaction Trends," on October 19, 2018 at 9:15 a.m.. The session will focus on:
- How sophisticated investors fit the ground lease into the capital stack;
- How projected cash flows are divided in ground lease transactions;
- Lender concerns and what a fee mortgagee looks for in a ground lease; and
- The perils of rent resets and how to avoid them.
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