Nearly every industry has seen an effect since the novel coronavirus pandemic hit Washington State. Making and receiving payments for housing are near the top of the list. In addition, the Washington State and City of Seattle moratoriums on evictions have halted landlords’ ability to remove tenants who do not pay and refuse to find a workable solution for payment.

As we watch the country slowly re-open – and in some cases, re-close – commercial tenants, property managers and landlords are being as proactive as possible in the face of continued uncertainty in the last half of the year and beyond.

This webinar is appropriate for business decision-makers, particularly those in commercial real estate, strategic planning, and finance and accounting.

Holmquist + Gardiner hosted a webinar on Thursday, June 4 examining the latest that business owners need to know about the impacts of COVID-19 in Seattle and Washington state.

Here are the main takeaways.

Join Holmquist + Gardiner Partners Imants F. Holmquist and Hamilton H. Gardiner for a Business and Commercial Real Estate Update on Thursday, June 4 at 1:00 p.m.

The Federal Clean Water Act (and many other statutes) makes it clear that any development has to comply with a no net-loss standard when it comes to impacting wetlands and other natural resources. Project proponents who could impact a wetland must first attempt to avoid the impact, then if an impact is inevitable minimize the impact. Finally, the party must mitigate for any impacts that do occur. Boiling that down, if you impact an acre of wetland, you have to replace it with at least another acre of wetland.