The real estate world has been rocked for the past few years. Millions of home owners are “under water,” owing more on their mortgages than their homes are worth. Foreclosures are up and home sales are down. Commercial real estate has also suffered. Leasing, both in number and in rental rates, is down, as is construction of new homes and office buildings. Financing, by the use of traditional institutional lending secured by real estate assets, is very difficult to arrange.
Notwithstanding all of the negative indicators, real estate continues to play a massive role in America’s economy. Real estate lawyers are finding new ways to arrange financing, new ways to draft documents and new ways to serve their clients.
Marquette University Law School has positioned itself to accommodate the legal needs of today’s real estate endeavors. New, cutting edge courses have been added to the curriculum in recent years. In addition to first-year Property, MULS offers Real Estate Contracts and Conveyancing, Financing and Development, Land Use Planning, Real Estate Drafting, Construction Law Litigation and Community and Economic Development in addition to more than half a dozen seminars, workshop associated clinics, judicial internships and supervised fieldwork programs.