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Housing Developers Real Estate Market

Bennett Jones LLP

B.C. Court of Appeal Decides Strata Corporations Lack Standing to Bring REDMA Claims Against Developers

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Whether a strata corporation has the standing to bring representative Real Estate Development Marketing Act, SBC 2004, c 41 (REDMA) claims on behalf of owners has been a long-standing issue in strata property law. The B.C....more

Robinson+Cole Construction Law Zone

Massachusetts Affordable Homes Act Provides New Opportunities for Owners, Developers, and Contractors

On August 6, 2024, Massachusetts Governor Maura Healey signed the Affordable Homes Act (the Act) into law. The Act aims to counter the rising cost of housing in the commonwealth by implementing new policies and providing...more

Sullivan & Worcester

Housing Bill Becomes Law, But It’s Not Just About Housing

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On Tuesday, August 6th, Governor Healey signed into law House Bill 4977, “An Act relative to the Affordable Homes Act.” The 181-page Bill provides for $5.1 billion in capital funding to support housing production and...more

Winstead PC

Thoughts on Achieving Financial and Social Sustainability

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In Texas and nationally over the past 15 years we have seen a higher number of condominium projects being developed. The reasons vary, but include a desire for greater density as a means to accommodate higher land prices...more

Shutts & Bowen LLP

Florida’s New Statutory Home Warranty: What Home Builders Need to Know

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Florida Governor Ron DeSantis recently signed H.B. 623 into law on April 15, 2024, creating a new section 553.837, Florida Statutes, which will require builders to provide a one-year warranty for all newly constructed homes. ...more

Jones Day

New Second Staircase Requirement for Tall Residential Buildings in England

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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

Shutts & Bowen LLP

Florida Senate and House Approve Amendment to Live Local Act

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In 2023, the State of Florida adopted the Live Local Act (the “Act”), which seeks to incentivize the development of affordable housing by the private sector primarily by preempting local zoning laws and providing tax...more

Pullman & Comley - For What It May Be Worth

Connecticut Bill Aims to Incentivize Commercial to Residential Building Conversions

National and local news has been replete with stories discussing the challenges and benefits of converting underutilized commercial properties such as office buildings into needed housing.  A recently introduced bill pending...more

Dechert LLP

To Retrofit or Not?

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A hotly debated topic at this year’s MIPIM was strategies for the mitigation of carbon emissions within the real estate industry, including those emanating from the construction phase of new buildings or refurbishments, and...more

Lowndes

How To Avoid Flopping When Flipping Fla. Real Estate

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In an economy where land prices are rising, it is not unusual for a buyer who has a property under contract to consider flipping all or part of the property to another purchaser for a profit. If a contract gives the buyer a...more

Coblentz Patch Duffy & Bass

What We’re Reading, Watching, and Listening to: June 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - The Luxury Shopping Oasis Emerging in San Francisco’s Struggling Downtown (Wall Street Journal): Although local foot traffic may be down,...more

Robinson+Cole Construction Law Zone

A New Template Contract for Prefabricated Construction

Over the past several years, modular construction has been on the rise and this method of construction has been used in the creation of health care facilities, education facilities, and apartment buildings. With the increased...more

Bilzin Sumberg

Condo Redevelopment Ushers in New Wave of Investment in Florida

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A lack of developable land in Florida, coupled with a rise in demand for commercial and residential real estate, is leading savvy investors to redevelop aging condominiums. Originally Published in The Real Deal....more

Allen Matkins

PropTech Update - May 2022

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Venture capitalists piled record $4B into PropTech in Q1 Bullet The Real Deal – April 19 A record $4 billion of VC equity funding flooded into the PropTech sector in the first quarter of 2022 as “investor confidence” in the...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up - March 2022 #3

New home construction projects experience the fastest growth rate since 2006, President Biden signs the Consolidated Appropriations Act of 2022 into law, big U.S. hotel chains place developments in Russia on hold, and more....more

Allen Matkins

Sustainable Development and Land Use Update - September 2021 #2

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Governor Newsom and California lawmakers hit an impasse on financing bullet train - Los Angeles Times – September 3 - A battle to secure an additional $4.2 billion for the California bullet train has hit an impasse,...more

Bilzin Sumberg

Trial Court Order Enforces Condominium Declaration’s Pre-Suit Mediation and Arbitration Provisions

Bilzin Sumberg on

Analysis of Coach Homes II at Gran Paradiso Condominium Association, Inc. v. Lennar Homes, LLC et al, Amended Order Granting Motion to Dismiss or Stay, No. 20 CA 003307 NC (Fla. 12th Cir. Ct. June 28, 2021)....more

Stoel Rives LLP

Condominium Law Alert: New Washington Legislation Allows Condominium Developers to Use Earnest Money Deposits Towards Construction...

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Washington recently enacted SB 5024 (the “Bill”), which allows developers to use earnest money deposits towards construction costs in certain circumstances. The Bill will become effective on July 25, 2021....more

Bennett Jones LLP

Upcoming Legislative Changes Mean New Obligations for Condominium Developers

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Beginning January 1, 2021, changes to the Condominium Act, 1998 will introduce new obligations for condominium developers. Following these changes, declarants must provide Ontario's Residential Condominium Buyers' Guide (the...more

Bennett Jones LLP

Prompt Payment Legislation in Alberta: Changes and Clarifications

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On October 26, 2020, we provided an overview of the key features of Bill 37, Builders' Lien (Prompt Payment) Amendment Act, 2020, which is intended to amend the Alberta Builders' Lien Act (BLA) and become the Prompt Payment...more

Miller Starr Regalia

A Whole New Ballgame: What The Housing Crisis Act Of 2019 (Sb 330) Means For Housing Developers, Local Governments, And Go-Slow...

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A new set of ground rules for processing and approval of residential development projects has found its way into law and became effective January 1, 2020. The “Housing Crisis Act of 2019,” sponsored by State Senator Skinner...more

Goodwin

Envisioning the New Normal: Real Estate + Technology: Part 5: Student Housing

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This article is the fifth in a multi-part series examining the impact of the COVID-19 pandemic on select real estate sectors and the considerations around how technologies will shape future operations and accelerate means to...more

Robinson+Cole Construction Law Zone

Will Claims Against Closely-Held Condominium Developers Be Thwarted by New York’s Newly-Adopted Uniform Voidable Transactions...

Property development companies regularly create single-purpose entities (SPE) to acquire new real estate for development, construction or renovations....more

Bilzin Sumberg

Miami-Dade County Zoning: Administrative Requirements of Workforce Housing Bonuses

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In 2007, the Miami-Dade County Board of County Commissioners adopted Ordinance No. 07-05, which created a voluntary Workforce Housing Development Program in order to encourage development of land available for residential use...more

Perkins Coie

CEQA Year In Review 2018

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A Summary of Published Appellate Opinions Under the California Environmental Quality Act - The California Supreme Court issued its only CEQA opinion of 2018 at the end of the year. In Sierra Club v. County of Fresno, the...more

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