HARP – On This. . .

A Valuable Development Tool For Developers Tax Increment Financing (TIF) is a development tool often misunderstood by real estate developers and the public at large.  TIF is authorized in every state (except Arizona) and the District of Columbia. TIF is […]

R Kymn Harp Joins Buchalter – January 2025 Buchalter is pleased to announce the opening of its newest office in Chicago, Illinoiswith the addition of lawyers and staff previously comprising the Chicago office of Robbins DiMonte, Ltd joining Buchalter. The […]

UPDATE: On December 7, 2024 FinCEN issued the following ALERT UPDATE regarding enforcement of the Corporate Transparency Act: “On Tuesday, December 3, 2024, in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., No. 4:24-cv-00478 (E.D. […]

An Illinois landlord under a commercial lease must take reasonable measures to mitigate damages, . . . but only if mitigation of damages is required – which is not always. LEARN MORE

On March 18, 2022, the Illinois Appellate Court issued its first opinion addressing efforts by a commercial tenant to escape liability under its lease by reason of the COVID-19 pandemic.  55 Jackson Acquisitions, LLC v. Roti Restaurants, LLC, 2022 IL […]

PLEASE JOIN US on November 16, 2021 Register Now: 2021 CHICAGOLAND REPOSITIONING SUMMIT on Tuesday November 16, 2021 Panelists:@Scott Kurinsky|Brian Hungerford|Charles Ditchman|Jamey Dix|Eric Wheeler|Sheyla Conforte, IIDA, NCIDQ, LEED AP|Kymn Harp|Michael Collins|Karyn Charvat|Mike Demetriou|Sarah Wicker|Jillian Brown|Andrea Upwood, WELL AP|Chad Firsel Register: https://lnkd.in/exwTQYcA […]

Adaptive Reuse Of Underutilized Real Estate Cool Projects – A Love Affair Revisited We are entering a new frontier for adaptive re-use. The worldwide COVID-19 pandemic has left the urban commercial landscape in tatters. Shuttered vacant commercial space is commonplace […]

Prediction: Tax rates will rise, and property values will increase in 2021 and beyond. IRC Section 1031 allows real estate sellers to defer payment of taxes . . . possibly forever.

These are troubled times. The COVID pandemic is crushing some segments of the commercial real estate industry, including particularly retail and restaurants. In COVID-19 lease negotiations, I usually represent commercial landlords. When representing commercial tenants, knowing the challenges landlords face […]

If experience teaches us anything, it teaches that the COVID-19 pandemic will end.  Things we enjoyed before, will be enjoyed again. People still want to shop, travel, dine-out, go to theater, attend live concerts and sporting events, marvel at fireworks […]