In his new Ear to the Ground blog post, the first in a three-part series, real estate attorney David Petersen discusses challenges facing the vacation rentals industry in Oregon. This first post focuses on who truly makes money…
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/ Real Estate - Residential, Real Estate - Commercial
On Tuesday, August 20, 2024, the U.S. District Court for the Northern District of Texas struck down the Federal Trade Commission’s (FTC’s) final rule banning most noncompetition agreements. The FTC was set to start enforcing the…
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/ Antitrust & Trade Regulation, Civil Procedure, Labor & Employment Law
Although high interest rates may no longer be headline news, loan obligations remain a driving source of stress for many business owners. Loan financing is fundamental (and often unavoidable) for many businesses. Loans can fund…
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/ Business Organizations, Commercial Law & Contracts, Finance & Banking
On July 17, 2024 I attended a webinar hosted by First American Title about the commercial real estate (CRE) market in transition. Here are some important takeaways. In the overall economy, inflation peaked in the summer of 2022…
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/ Finance & Banking, Real Estate - Commercial
Real estate developers and owners typically need to close their finance transactions as quickly as possible. Nonetheless, the closing frequently slips a few weeks from the target date. Actively managing the pacing items for the…
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/ Finance & Banking, Real Estate - Commercial, Real Estate - Residential
Tonkon Torp business attorney Mick Harris moderates a conversation between Tonkon Torp real estate attorney David Petersen and special guest Jackson Lewis of Northwest Trustee & Management Services. The conversation focuses on…
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/ Zoning, Planning & Land Use, Wills, Trusts, & Estate Planning, Real Estate - Commercial
This is the last of my three-part series on common misperceptions about the vacation rental industry in Oregon. In my first post, I explained why vacation rentals are important drivers of local economies. In my second, I…
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/ Zoning, Planning & Land Use, Real Estate - Residential, Real Estate - Commercial
When commercial real estate loans go into default, workouts are often pursued to resolve the default by agreement. What are the common forms of workout agreements? For commercial real estate borrowers in default, it’s important…
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/ Finance & Banking, Real Estate - Commercial
This is part two of my three-part series on common misperceptions about the vacation rental industry in Oregon. Last week, I explained why vacation rentals are important drivers of local economies. This week, I take on the…
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/ Real Estate - Residential, Zoning, Planning & Land Use
Amidst concerns about Portland’s office market, Patricia Raicht, real estate analyst at Jones Lang LaSalle, offers a more hopeful outlook. Despite nearly 30% vacancy rates, she highlights a slowdown in the decline and notes…
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/ Real Estate - Commercial
Over the past few years, my colleagues and I have been waging numerous battles on behalf of the vacation rental industry around Oregon. We have achieved some successes, like in Clatsop County and the City of Manzanita, and have…
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/ Real Estate - Residential, Zoning, Planning & Land Use
It’s nice to get paid. Giving up control of your business? Well… that’s a different story. On closing the sale of a business, owners realize a dramatic financial return on their investment. However, few buyers are willing to…
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/ Business Organizations, Mergers & Acquisitions
Do we value our possessions more just because we own them? Sometimes. Does this association of value apply to businesses? Almost always.
The Cost of Risk-
Buyers and sellers of a business often find themselves with a wide…
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/ Business Organizations, Finance & Banking, Mergers & Acquisitions
For the right transaction, a rollover of equity can add value for the buyer and the seller. Rollover equity is ownership in the buyer or its affiliates that is issued to a seller as payment for all or a portion of the purchase…
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/ Business Organizations, Mergers & Acquisitions, Taxation
According to the most recent RMLS data available, in May 2024, the Portland metropolitan real estate market showed signs of vibrancy and growth. Home prices continued their upward trend with the average sale price reaching…
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/ Finance & Banking, Real Estate - Residential
