Red Hot Apartment Investment Market Starts to Cool
Office-to-Apartment Conversions – A Good Idea, but Tricky to Pull Off (Audio)
Managing Apartment Turnover: From Launch to $10M Series A, with Rent Ready's Jonathan Kite
Law Brief: Urban Living After COVID-19
A United States District Court (C.D. California) (“Court”) addressed in a September 27th Order insurance coverage issues arising out of the construction of an apartment complex in California. See The Haven at Ventura, LLC vs....more
Chicago enacted the “Northwest Side Housing Preservation Ordinance,” an ordinance that many are referring to as the “anti-gentrification” ordinance. Despite the grandiose moniker, the ordinance breaks down to two specific...more
On Thursday, September 19, 2024, the St. Cloud City Council voted to increase City mobility impact fees. This vote followed shortly after Osceola County approved significant increases to their mobility fees on September 9,...more
As the multifamily sector continues to navigate turbulent waters, our commercial real estate group works hard to stay informed about both market trends and the legal implications that accompany them. In August, we have been...more
In our latest roundup, nonresidential spending drops, realtor payment structure changes, office vacancy rates soar, and more!...more
Benton Housing Associates Limited Partnership (“Benton Housing”) filed on August 9th in the United States District Court for the District of Arkansas (Central Division) a Complaint against the following defendants: City...more
San Diego made ambitious changes this Tuesday to the city’s blueprint for future growth to help prepare the city for climate change, speed up revisions to neighborhood zoning plans, and try to reverse racial segregation....more
In our latest roundup, renters stay in their units longer, GenAI change how commercial real estate operates, and banks continue high exposure due to commercial real estate....more
In our latest roundup, hotel-to-apartment conversions take big leap, state governments pass squatting legislation, US regional banks risk having debt ratings downgraded, and more!...more
New York recently adopted the Affordable Neighborhoods for New Yorkers (ANNY) Tax Incentive and the Affordable Housing from Commercial Conversions (AHCC) Tax Incentive programs, as well as a host of other new and modified...more
What is the Good Cause Eviction law? On April 20, 2024, New York State enacted new residential tenant protections affecting many market rate apartments under a framework referred to as “Good Cause Eviction.” In general,...more
In our latest roundup, apartment sales fall for seventh straight quarter, raising real estate capital proves challenging, aspiring homeowners face strong obstacles, and more!...more
The government has published updated documentation under the Building Regulations 2010 confirming that new residential buildings in England, which are 18 metres or more in height, will be required to have a second staircase....more
As part of the 2025 Fiscal Year budget, Governor Kathy Hochul signed into law significant legislation affecting the New York City and State rental market, which is highlighted below: Good Cause Eviction Law- As of April...more
Officials broke ground Monday on a new high-speed rail system that will connect Southern California and Las Vegas. The Brightline West system will average speeds of about 115 miles per hour and reach a top speed of around 200...more
The distinction between direct and derivative claims is a recurring theme on The LLC Jungle. In a nutshell, under California law, an LLC (just like a corporation) is treated as a legal entity separate and distinct from...more
The recipe for residential apartment success in Cleveland’s central business district has seen significant changes, primarily because a substantial portion of its traditional demand base—those employed in downtown Cleveland’s...more
Governor Maura Healey has called out housing as Massachusetts’ biggest challenge—both increasing the pace of production and lowering the cost of living. Given projections that the Commonwealth will absorb 610,000 new...more
During her first address to the Greater Philadelphia Chamber of Commerce on Wednesday, Mayor Cherelle Parker urged Philadelphia businesses to bring remote employees back to in-person work. Ahead of her speech, Mayor Parker...more
Governor Gavin Newsom, whose second and final term ends in January 2027, has made curbing homelessness and increasing housing key priorities. However, his recent budget cut proposal contains more than $1.2 billion in cuts...more
On Nov. 14, 2023, the Colorado Apartment Association (“CAA”) and Apartment Association of Metro Denver (“AAMD”), which represent thousands of apartment owners, filed a lawsuit against the Colorado Air Quality Control...more
On October 11, 2023, Governor Gavin Newsom signed an extensive housing package consisting of 56 bills to help address California’s decades-in-the-making housing crisis by simplifying and expediting the construction of new...more
As an incentive to builders to create more rental housing units, the federal government has announced the effective elimination of the goods and services tax (GST) payable on newly constructed rental housing, such as...more