Real Estate & Construction

This blog post was drafted by Atty. Madeline Worgull of Pettit Law Group S.C.One of the most common mistakes we see at Pettit Law Group is assuming that all landlord–tenant relationships in Wisconsin are governed by the same rules. They are not.If you own or operate a manufactured or mobile home community, your obligations go well beyond Wis. Stat. ch. 704 and ATCP 134. You are also subject to Wis. Stat. § 710.15, which significantly restricts lease
Continue Reading Manufactured and Mobile Home Communities Are Different — And the Statutes Make That Clear

UPDATE: March 12, 2026 – From the National Leased Housing Association, March 12, 2026 – HUD will publish an interim final rule tomorrow in the Federal Register, indefinitely delaying the effective date of the interim final rule, revoking the 30-day Notification Requirement Prior to Termination of Lease for Nonpayment of Rent rule. The interim final rule, published on February 26, 2026, was slated to become effective March 30, 2026. HUD will now treat the interim final rule as a proposed rule, which will only be effective after
Continue Reading What Does HUD’s Decision To Revoke its 30-Day Notice Requirement Mean?

This blog post was written by Atty. David J. Espin of Pettit Law Group S.C. One of the most frequently asked questions I get when I’m assisting clients with forming limited liability companies is: What are a registered agent and a registered office, and why do they matter? Wis. Stat. § 183.0115 states that every Wisconsin limited liability company “shall designate and maintain a registered office in this state,” and that the “designation of a registered agent is
Continue Reading Choosing A Registered Agent For Your Company

Good Morning EveryoneI am personally inviting you to attend an EXTREMELY important event — Capitol Day on Tuesday, February 24, 2026, in Madison.  We need hundreds of people in attendance to demonstrate to legislators that we care.The Koble issue remains unresolved as I write this.  Koble is the single most important issue facing landlords in Wisconsin.  If you are not aware of Koble, please read one of my earlier blog posts about this issue.   The draft legislation
Continue Reading PLEASE ATTEND Capitol Day on Tuesday, February 24, 2026, in Madison

Preferred return and waterfall provisions are the backbone of economic alignment in the operating agreements that govern real estate joint ventures. These clauses dictate how distributions are made between investor members and sponsors or managers. Poor drafting can lead to confusion, misaligned incentives, disputes, and costly litigation, so understanding effective drafting techniques is crucial.
Continue Reading Drafting Preferred Return and Other Waterfall Provisions in Real Estate
Operating Agreements: Best Practices for Lawyers and Investors

Written by Atty. Jennifer M. Hayden of Pettit Law Group S.C.]

Effective December 24, 2025, the USPS will adopt a “final rule” that, along with the implementation of the Regional Transportation Optimization (“RTO”) initiative, is likely to result in the date a mailing is postmarked being a day or more later than the date the mailing is delivered to USPS, unless you have it postmarked by hand by a USPS retail worker when you drop it off. The postmark
Continue Reading When Will Your Mailing Be Postmarked?

Health care organizations planning major capital projects, such as hospital expansions, surgical centers and outpatient facilities, often face familiar frustrations: delays, cost overruns, redesign cycles and coordination breakdowns. Traditional delivery models like design‑bid‑build or construction manager‑at‑risk can unintentionally reinforce silos. Integrated Project Delivery Agreements (“IPDA”) offer a collaborative alternative designed to align incentives, reduce waste and improve project performance.
What Is an IPDA?
An IPDA is a single, multi‑party contract that binds the owner, architect, contractor and key consultants
Continue Reading From Silos to Synergy: Integrated Project Delivery Agreements for Today’s Health Care Facilities

We frequently get calls from hospital systems, health care providers and investors regarding negotiating on-campus ground leases. They are certainly unique. Here are 10 business points to consider when negotiating on-campus ground leases.

  • Premises – The land being leased can vary widely. We often see hospitals ground leasing only the footprint of the building. There are some instances, on larger campuses, where the hospital allows the developer to lease the land needed for the footprint of the building, plus

  • Continue Reading Weekly Hospital Real Estate Briefing: 10 Tips for Negotiating On-Campus Ground Leases

    Most construction contracts presume that unanticipated changes sometimes happen, and permit changes to the contract price in those circumstances. However, these terms typically require the party seeking the change (most often a contractor or subcontractor seeking additional money due to unanticipated issues) to establish a causal link between the change and the increased work needed, and thus price. When projects are beset by numerous overlapping issues (for example, adverse weather issues, a design change, and unforeseen jobsite conditions), it


    Continue Reading Untangling Complex Construction Claims – Why the Total Cost Method Matters

    In 2025, we worked on a number of significant land transactions where hospitals acquired land for new hospital campus projects. From our perspective, it seemed like an increase in land transactions when compared to previous years. Here are 10 observations based on our work on these transactions:

  • Arms Race – Hospital systems were aggressive in tying up land in growing markets. In terms of data, markets with high population growth were the primary targets. In states like Indiana, North

  • Continue Reading Weekly Hospital Real Estate Briefing: Our Top 10 Hospital Campus Development Trends

  • Legislators in several states are considering certificate of need (CON) reform over the next year. According to a recent article, legislators in Alabama, North Carolina and Tennessee are considering a complete repeal of their CON laws.
  • Ascension Saint Thomas announced more than $537M in capital investments to improve medical facilities across Middle Tennessee. The investments include updates and expansions to existing hospitals as well as new construction of hospitals and freestanding EDs.
  • MOB investments surged to $2.7B in

  • Continue Reading Weekly Hospital Real Estate Briefing: Several States Consider CON Reform | Sanford Health Receives $300M Gift | Sutter Health Announces Flagship Hospital

    When negotiating any type of contract, it is important to give due attention to all terms, even topics that appear merely ministerial or administrative, as their interpretation may have serious implications in the performance of the contract. The Wisconsin Court of Appeals recently analyzed a right of first refusal agreement (“ROFR Agreement”) on the sale of a property after one party failed to comply with its notice provision. The decision underscores the importance of understanding and adhering to all
    Continue Reading Importance of Complying With Contract Notice Provisions

  • Remedy Medical Properties and Kayne Anderson Real Estate announced the acquisition of a portfolio of outpatient medical assets from Welltower for $7.2B, totaling approximately 18M sf across 296 properties in 34 states. The transaction is the largest MOB deal to date and makes Kayne/Remedy the largest MOB owner in the country.
  • In its latest National Hospital Flash Report, Kaufman Hall data highlighted continued strain on hospital finances. According to the report, median monthly operating margins fell to just 0.1%,

  • Continue Reading Weekly Hospital Real Estate Briefing

  • According to a recent report, ASC volumes are expected to expand by 9% between 2023 and 2028, driven by site-neutral reimbursement, advancements in outpatient surgical techniques and cost savings to patients and payers. ASCs generated $45B in 2024 revenues, a figure projected to climb to $57B by 2030.
  • Medical City Health Care is expanding rapidly in Collin County, Texas, to keep up with the region’s growing population and health care needs. Projects include a $142M vertical expansion at

  • Continue Reading Weekly Hospital Real Estate Briefing: ASC Volumes Continue to Expand | 30% of Telemed Visits Paused During Shutdown | Intermountain Expands Outpatient Imaging Chain in WA

  • UnitedHealth Group Inc. has completed its $3.3B acquisition of Amedisys, a company that operates over 500 home health and hospice sites throughout the country.
  • During a recent U.S. House of Representatives subcommittee hearing, legislators criticized tax-exempt hospitals for failing to provide adequate charity care and community benefits in excess of the estimated $37.4B in tax benefits they received in 2021.
  • Community Hospital Corporation (TX) announced plans to build a $400M state-of-the-art acute care hospital within the Heritage Ranch Master

  • Continue Reading Weekly Hospital Real Estate Briefing – Sept. 29

    This week, we’re taking a break from our usual briefing format to spotlight 10 key trends currently influencing the hospital real estate market. From pediatric hospital expansions to adaptive reuse projects, these developments are shaping strategies nationwide. If there’s a trend you’re seeing that’s not on our list, we’d love to hear from you. And as always, if our team can support your organization’s real estate needs, don’t hesitate to reach out.

  • Children’s Hospitals – As we reported earlier

  • Continue Reading Weekly Hospital Real Estate Briefing: Top 10 Market Trends Shaping the Industry