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The Ice Miller Blog

The Hottest New Type of Asset - Build for Rent Homes

February 22, 2022 by Phillip N. Coover, Partner
Last year, we did a podcast with a bright young company, Steel City Management, who were building large communities of homes... for renters. The homes were new product, in stylish modern designs, and were not inexpensive.

Real Estate for Breakfast Podcast | Metaverse Real Estate with Colin Laitner of Metis Capital

February 2, 2022 by Phillip N. Coover, Partner
In this episode of Real Estate for Breakfast, host Phil Coover is joined by his good friend, Colin Laitner, principal of Metis Capital, and General Counsel of Deeter Investments, based in Austin, Texas. During an engaging discussion, Phil and Colin examine the topic of Metaverse real estate – what it is, how it works and its' extrinsic value. 

Buying Sustainability in Real Estate

January 27, 2022 by Phillip N. Coover, Partner
Illinois has an expansive (and expanding) wetlands conservation program. There is an increasing need for real estate developments to have facets of sustainability built into them, both due to increasing consumer and tenant demand for LEED certification, WELL certification, and a general desire for green development, and also due to local governmental and federal regulations, such as the Clean Water Act.  

U.S. Supreme Court Takes up Case to Determine whether Home Builders' Land Was Properly Held to Be "Wetlands"

January 25, 2022 by Amy Berg, Louie Jorczak ,
The United States Supreme Court on Monday agreed to hear an important water protection case concerning protected wetlands, which will likely be heard during the Court’s term starting in October. 

Ready to Replace LIBOR in Your Loans?

January 25, 2022 by Jason R. Berne, Partner
After December 31, 2021, United States banks regulators strongly encouraged banks to no longer issue LIBOR-based loans to commercial customers. However, existing LIBOR-based loans can remain in place until June 30, 2023.

What Are Market Standard Returns for P/E Real Estate Funds?

January 21, 2022 by Phillip N. Coover, Partner
I am often asked what are market terms for sponsor fees, waterfall thresholds, and preferred returns for funds? Is the notion that there are market standards for private real estate deals an illusion? 

Landlord/Tenant Pre-Eviction Diversion Program Implemented by Indiana Supreme Court for Cases of Non-Payment of Rent

January 20, 2022 by Louie Jorczak , Partner
Effective November 1, 2021, the Indiana Supreme Court ordered the establishment of a Pre-Eviction Diversion Program.

Construction Complete for Largest Solar Farm in Indiana

January 19, 2022 by Mark R. Alson, Partner
As the shift to more renewable energy continues in Indiana, a milestone was reached in the east-central county of Randolph.

A Look at Adaptive Reuse Projects

January 18, 2022 by Aaron B. Aft, Partner
The Commercial Real Estate Development Association (NAIOP) posted an interesting summary of some adaptive re-use projects across the country.

Does Metaverse Real Estate Have Value?

January 14, 2022 by Phillip N. Coover, Partner
Is there really a gold rush on real estate in “the metaverse”?

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