News & Analysis as of August 16, 2025

Construction Contracts

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The term "mortgage" typically refers to a mortgage loan. A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +

Real Estate & Construction News Roundup (2/19/25) – An Embrace of AI, A Squeeze on Construction and a Jump in Mortgage Refinance...

Pillsbury - Gravel2Gavel Construction & Real... on 2/20/2025

In our latest roundup, tech giants invest in new data centers, senators introduce bill aimed at price-setting algorithms, DoD stops PLA requirements, and more!...more

The New York Lien Law - Top Ten Things You Ought to Know

White and Williams LLP on 11/13/2023

Over the course of my career, I have had the privilege of working with and representing numerous construction lenders (and borrowers/developers) in the financing of some of the largest commercial projects in the United...more

Mechanics Lien Subordination: Illinois Further Limits Construction Lenders’ Ability To Ensure Priority Against Mechanics Liens

Sheppard Mullin Richter & Hampton LLP on 9/19/2014

On July 16, 2014, Illinois enacted Public Act 98-764 (Senate Bill 3023) (“SB 3023”), which amends the Illinois Mechanics Lien Act (770 ILCS 60/ et seq.) (the “Act”) to prohibit subordination of mechanics liens on Illinois...more

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Mortgages › Construction Industry › Construction Contracts

Real Estate & Construction News Roundup (2/19/25) – An Embrace of AI, A Squeeze on Construction and a Jump in Mortgage Refinance...

The New York Lien Law - Top Ten Things You Ought to Know

Mechanics Lien Subordination: Illinois Further Limits Construction Lenders’ Ability To Ensure Priority Against Mechanics Liens

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