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Goulston & Storrs PC

Proposed Action Plan for Article 80 Modernization

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After an 18-month study process, the Boston Planning Department has released an Action Plan proposing strategies to modernize Boston’s development review process. The Planning Department is accepting comments on the plan...more

K&L Gates LLP

Who Knew? Some Leases Will Automatically Be ‘Destroyed' Simply Because the Land Being Leased Is Sold. If Potential Lease...

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We continue to be asked to explain how it is even possible that some leases can be ‘destroyed’ simply because the land being leased is sold. So, it is timely we revisit and explain this lease ‘destruction’ risk and how you...more

Lathrop GPM

Understanding Business Insurance in the Wake of Hurricane Helene

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Current reports estimate there will be over $5 billion in insured losses from Hurricane Helene, as the devastating hurricane tore through at least six states and has resulted in over 100 deaths since Thursday, September 26,...more

A&O Shearman

Navigating the uncertainties: the impact of the Renters' Rights Bill on institutional investors in the English private rental...

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Few would disagree that elements of the English rental sector are ripe for a reshape. The Renters' Rights Bill (the Bill) aims to equip vulnerable tenants paying for substandard accommodation with protection against the...more

Hogan Lovells

Beds and sheds – key financing considerations

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In this article, we consider the key considerations for a lender when financing particular asset classes. We have focused for these purposes on those asset classes which we consider to be the most topical at the moment:...more

Allen Matkins

Sustainable Development and Land Use Update 10.3.24

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Governor Gavin Newsom has signed a controversial bill – Assembly Bill (AB) 98 – that will impact all warehouse developments, regardless of whether there are any sensitive receptors near the potential warehouse site....more

Lowndes

NAR Rule Changes and Their Impact on Buyers

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New rules from the National Association of Realtors (NAR), effective August 17, 2024, are reshaping real estate transactions. Stemming from a federal court ruling in October 2023, these changes aim to increase transparency...more

Goulston & Storrs PC

Different Sectors, Same Page

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I recently attended the IMN Distressed CRE Forum in New York, alongside my colleagues Brian Cohen, Zev Gewurz and Doug Rosner.  It was great to connect with and hear from people across many different places in the industry,...more

Lowndes

NAR Rule Changes and Their Impact on Sellers

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The real estate industry is experiencing significant changes following the implementation of new National Association of Realtors (NAR) rules, effective August 17, 2024. These changes, prompted by a federal court ruling in...more

Venable LLP

Arlington County Releases Guidance on Office Use Conversions

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Office Use Conversions in Arlington County got a step closer as the county released draft amendments to its zoning ordinance to implement the next phase of the county's Commercial Market Resiliency Initiative (CMRI). This...more

Tonkon Torp LLP

Compression—Oregon’s Lesser Known Property Tax Limit

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Your property may be subject to one of Oregon’s lesser-known property tax limits, and you may not even know it. Even better, it may be possible for you to take action to increase the likelihood that this limit will apply to...more

Buchalter

New California Law Impacts Leases to Certain Smaller Sized Tenants Including Translation Requirements and Limitations on Pass...

Buchalter on

Beginning on January 1, 2025, landlords of commercial properties – be they office, industrial or retail, will need to develop new procedures when entering into leases with a newly defined class of tenants, identified as...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (10/1/24) – Hybrid Work Technologies, AI in Construction and the Market for Office...

In our latest roundup, commercial mortgage bond market in trouble, commercial real estate investments, pressure on mortgage REITs, and more!...more

Goulston & Storrs PC

Reminder To Draft Purchase And Sale Agreements With Care

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Somerville Off. Assocs. Ltd. P'ship v. Cresset Dev., LLC, 104 Mass. App. Ct. 1108 (2024). In Somerville Office Associates Limited Partnership v. Cresset Development, LLC, plaintiff Somerville Office Associates (“SOA”)...more

Bilzin Sumberg

Delivering the Key to the City: Special Considerations in City Hall P3s

Bilzin Sumberg on

A number of municipalities have recently issued, or are contemplating, competitive solicitations for public-private partnerships (“P3s”) to deliver new municipal facilities, typically as part of a transformative “town center”...more

Bennett Jones LLP

Update: Draft Legislation on Landlord Tax Liabilities Provides Relief for Residential Tenants

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Since the publication of our blog, Tenants Beware: The Risks of Landlord Tax Liabilities, draft legislation released by the Department of Finance on August 12, 2024, has proposed a change to the Income Tax Act (Canada) (the...more

Pullman & Comley, LLC

Upcoming 2024 Municipal Revaluations in Connecticut

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A number of Connecticut municipalities listed below are scheduled to conduct real property revaluations effective October 1, 2024. ...more

Bennett Jones LLP

Open Your Wallets Wider! Increases to Alberta Land Transfer and Mortgage Registration Fees Coming October 20, 2024

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On September 27, 2024, the Government of Alberta announced that the fee increases foreshadowed in their spring budget will take effect on October 20, 2024, when the amendments to the Land Titles Act and the Tariff of Fees...more

Robinson & Cole LLP

Legal Update: Effective October 1: New Laws Benefit CT Affordable Housing Market

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This past legislative session brought a suite of changes to Connecticut’s laws that benefit the development and rehabilitation of affordable housing throughout the State. Several of these changes, set out in Public Act No....more

Akerman LLP

New York City’s Industrial and Commercial Real Estate Tax Abatement Program Extended to 2029

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New York Governor Kathy Hochul signed the bill on extending the Industrial and Commercial Abatement Program (ICAP) for an additional four years, to March 1, 2029, with no modifications to the program....more

Best Best & Krieger LLP

AB 2243: Significant Expansion of SB 6 & AB 2011

The Governor has signed Assembly Bill 2243, which makes it easier for developers to build housing and constrains local review of housing proposals. AB 2243 amends certain provisions of both Senate Bill 6, also known as the...more

Greenberg Glusker LLP

Stronger Building Standards and Impacts on Property Insurance, Development Financing, and Affordability:

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As climate change continues to shape the real estate landscape, developers and insurers alike are feeling the impact. Stronger building standards, aimed at mitigating risks from wildfires, floods, and sea level rise, may...more

BCLP

Briefcase 2024 Quarter 3: Key Real Estate Cases and Updates

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Case 1: The Manchester Ship Canal Company Ltd v United Utilities Water Ltd - The United Utilities sewerage network has around 100 ‘outfalls’ from which material emanating from sewers, sewage treatment works and pumping...more

Blake, Cassels & Graydon LLP

Clauses ESG dans les baux commerciaux

Les facteurs ESG, c’est-à-dire les facteurs environnementaux, sociaux et de gouvernance, sont désormais bien présents dans les politiques des organisations. Le secteur immobilier n’y échappe pas; les facteurs ESG occupent...more

BCLP

Brownfield Passports: A New Tool to Boost Brownfield Development?

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Hot on the heels of the NPPF consultation MHCLG has published a working paper on the introduction of ‘brownfield passports’ to encourage development of brownfield urban land in a way that goes beyond the policy support in the...more

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