Part Two of Living in a Post COVID-19 World: Navigating Implications on Commercial & Residential Real Estate Laws in Light of the Pandemic

Among the serious economic concerns that many Americans face during the time of coronavirus and one of the most pressing is the need to continue paying rent despite facing a loss of income.

This affects many businesses who must pay commercial rent, and individuals, many of whom are laid off or furloughed, who must continue to make rent or mortgage payments on their residences. State and local governments have passed some relief measures to ease the burden, but the details may confuse many of us [potential beneficiaries].
Other effects of COVID-19 are the impact on cities, public transportation, commuting and development. With the work from home movement being the norm for the past few months, what will residential and commercial development look like in the future?

• the work from home movement.
• what will residential and commercial development look like in the future?
• Senate Bill 939 – which prohibits evictions of tenants of commercial real estate during the current state of emergency related to COVID-19·
• Assembly Bill 828- which would provide a temporary moratorium on foreclosures and unlawful detainer actions on residential real property.

Meet the Panelists

Vanessa Haddad, Esq.
Attorney at Law
Vanessa is a graduate of USC and Pepperdine Law.  As a broker at CBRE, she focuses on advising clients in the disposition and acquisition of retail properties throughout Southern California. Her “relentless persistence” motto stems from her training and background in real estate law. Vanessa’s success derives from leveraging her in-depth understanding of the capital markets and has built her reputation on the core values of trust, transparency and integrity.

Rudy Salo, Esq.
Attorney at Law
Rudy S. Salo is an infrastructure finance attorney at Nixon Peabody LLP and a public speaker/writer. As an attorney, Rudy advises governmental entities and financial institutions on financing transportation systems and other infrastructure throughout the United States. Rudy is well-versed in both the financial and policy spheres of the transportation industry, and he passionately advocates for a critical rethinking of our infrastructure to accommodate the advanced transportation technology.

Rudy graduated from the Georgetown University Law Center and from UCLA magna cum laude in Political Science. Rudy has been a Transportation Contributor to Forbes.com since September 2019 and has spoken about his perspectives on infrastructure, development and the prospects of future modes of transportation at numerous conferences and on several dozen podcast episodes, including Good Is In The Details, Bond Buyer, Wisco Weekly and Mobility Revolution.