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Virginia’s Tourism Development Financing Program Gains Steam Around the State

by Williams Mullen on

The unique financing alternative afforded to tourism project developers under Virginia Code Section 58.1-3851.1 creates exciting opportunities for growth in tourism and resort areas throughout the state. The expected...more

Monetizing Vacant Land Through Mitigation Banking

by Sullivan & Worcester on

A mitigation bank is a wetland, stream, or other habitat area that has been restored, established, enhanced, or (in certain circumstances) preserved for the purpose of providing compensation for unavoidable impacts to such...more

Public Decision Making newsletter - Summer Edition 2016

by DLA Piper on

This newsletter summarises recent developments in resource management and local government law in New Zealand that are of particular relevance to local authorities and decision makers. In this edition, we address recent...more

Investor-initiated integrated site development: new opportunities

by Dentons on

Starting 1 January 2017 holders of land plots and the immovable properties on the land plots will be able to get approved site development and site survey plans within one month without public hearings as part of integrated...more

Enacting and Enforcing Local Ordinances to Prohibit Medical Marijuana Dispensaries – Up in Smoke?

by Miller Starr Regalia on

California’s cities and counties have a long and growing track record successfully defending challenges to their land use authority filed on behalf of medical marijuana dispensaries. These successes are largely a product of...more

The Cost of Clarity: IRS Issues Regulations Addressing Proper Treatment of Code Section 50(d) Income

by Williams Mullen on

On July 21, 2016, the IRS issued long-awaited regulations under Section 50 of the Internal Revenue Code (the “Code”) clarifying the manner in which “Section 50(d) Income” is to be recognized in lease pass-through investment...more

Consultation on the Privitisation of the Land Registry

by Dorsey & Whitney LLP on

The Land Registry has been in existence for over 150 years and holds a pivotal role in recording the ownership of, and interests in, land and property in England and Wales. Its registers cover more than 24 million titles...more

Shrinking Buffer Zones? Municipalities Now Have Discretion to Decrease the 1,000 Foot Requirement

by Garvey Schubert Barer on

Looking for a location for a licensed marijuana premises? Changes to the buffer zone requirements may be headed to your fair city. Previously, the Washington State Liquor and Cannabis Board (“LCB”) would not issue a...more

Another REIT Ruling by the IRS – This Time, Billboards

The IRS has released yet another private letter ruling (Letter 201522002) in the REIT area. This time, the IRS addressed the REIT treatment of income from the rental of outdoor advertising space (i.e., billboards). At issue...more

The Pop-Up Regulatory Maze

by Goulston & Storrs PC on

Pop-up retail establishments, or “pop-ups,” generally refer to stores, restaurants, or events with a short duration. Pop-ups are typical for seasonal retail products, like Christmas or fireworks, but they have become common...more

Superior Court of New Jersey Pierces the “LLC” Veil, Holding Sole Member Liable for Environmental Liabilities

by Cole Schotz on

On February 26, 2015, in Coty US LLC v. 680 S. 17th Street LLC, the Superior Court of New Jersey, Chancery Division, pierced the veil of a New Jersey limited liability company and held its sole member liable for environmental...more

Community Redevelopment Law Conflict-of-Interest Rules Apply to Successor Agencies

by Best Best & Krieger LLP on

California Attorney General Weighs In on Rule That Will Impact Members of Successor Agencies’ Governing Boards and Employees - The California Attorney General recently opined that the conflict-of-interest rules under...more

Focus on Landlords - Key Landlord Lease Issues

Landlords want to have a protective lease form, but tenants hate a 70+ page “killer” lease. A shorter lease can help a landlord quickly sign tenants, just make sure it covers key points. Here are some to think about. ...more

Catching Up with Winding Down: The Status of California Redevelopment Successor Agencies

Successor agencies to California’s dissolved Redevelopment Agencies (“RDAs”) continue to wind down the operations of the former RDAs under the supervision of oversight boards pursuant to Assembly Bill X1 26 (“AB 26”) as...more

Seller's Guide for Environmental Due Diligence

by Miller Canfield on

As a follow-up to the article that appeared in our February 2012 Global Automotive Newsletter, "Purchaser’s Guide for Conducting Environmental Due Diligence," this Seller’s Guide will discuss several due diligence tips that...more

Court Rules to Eliminate California Redevelopment Agencies

by Buchalter on

The Ruling - As 2011 drew to a close, the California Supreme Court struck a fatal blow for California’s redevelopment agencies. In upholding Assembly Bill X1 26 and striking down Assembly Bill X1 27 in California...more

Florida Investor Resource: The Miami Downtown Development Agency

by Rosa Eckstein Schechter on

For investors in Mexico, Israel, Brazil, Canada, or elsewhere, considering real estate investment in South Florida, there is a local resource that should prove very helpful to them: the Miami Downtown Development...more

Taking the Bird’s Eye View to Handling Your Commercial Assets

by John Culbertson on

One of the biggest mistakes that a company could ever make is to view its commercial assets as individual holdings. The fact is, each piece of property represents a jigsaw piece of a much larger puzzle. And far too often,...more

Some Thoughts on Taking the DIY Approach to Selling Your Industrial Space

by John Culbertson on

Selling industrial space can be the equivalent of navigating a minefield, with the notable exception that regardless of how poorly things go, the most you’ll only ever lose is an arm and a leg—figuratively speaking, of...more

Selling Industrial Space: A Green Approach to Sales Prep

by John Culbertson on

In recent years, the importance of using green building techniques and materials has expanded to include commercial assets and industrial space. When selling industrial space, the greener that space is, the better for...more

Industrial Property for Sale– Sure, But is the Price Right?

by John Culbertson on

When you’ve got an industrial property for sale, one of the most important factors is determining a sale price for that property. If the asking price is too high, the property will gather cobwebs before it is sold. If it’s...more

Watch This Space: Preparing an Office for Lease

by John Culbertson on

An office building or even a single unit of office space can be a valuable investment for a commercial property owner. In order to get the best return on that investment, your property needs to be leased to paying...more

The 2 Most Important Words to Know for Selling Your Troubled Assets

by John Culbertson on

There are two critically important words that could make all the difference in the world when it comes to selling a distressed property fast. Whether you choose to work with a real estate consultant or decide to take your...more

The Benefits of Paying More– Negotiating Flexibility in Your Lease

by John Culbertson on

Despite the fact that it seems to make sense to try to get the cheapest rate possible when leasing offices or industrial space, lease negotiations shouldn’t always be about “the bottom line.” There are actually many...more

Relationships as Assets: Building a Winning Relationship with your Real Estate Agent

by John Culbertson on

When selling property, there are many factors to consider. However, one of the most important factors is often one of the most frequently overlooked: your relationship with your real estate agent. A great relationship with...more

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