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DC Proposes Tax Abatement to Incentivize Conversion to Housing Development

The District of Columbia’s office market, particularly Class B and C properties, is facing a calamity of epic proportions with occupancy, revenues, and valuations plummeting. Like other municipalities facing similar office...more

White House Implements Plans to Facilitate Office-to-Residential Conversions

Seyfarth Synopsis: With the cooperation of federal agencies such as the Department of Housing and Urban Development (HUD) and the Department of Transportation (DOT), the White House has established plans to use grants and...more

FHFA and GSEs Issue Guidance on Assistance to Renters and Borrowers Impacted by COVID-19

On March 24, 2020, in response to the growing anticipation that renters in multifamily properties are being negatively impacted by the implications of the Coronavirus Disease 2019 (“COVID-19”), the Federal Housing Finance...more

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