This panel will provide an overview of the issues practitioners should be aware of and investigate as part of the due diligence process in a mergers and acquisition transaction. Take home practical information on identifying and mitigating the risks associated with the acquisition of real estate. Topics to be covered include how to evaluate leases that may be acquired in connection with a transaction and particular provisions to be aware of; environmental issues and the potential exposure resulting from them; subleases; the effect of lis pendens and other liens — and liabilities –– that can result from real estate, as well as strategies for addressing them.