News & Analysis as of

Housing Market

Jackson Walker

Dallas Expands Bonus Options for Developers of Mixed Income and Affordable Housing

Jackson Walker on

On Wednesday, May 11, 2022, the Dallas City Council approved three amendments to the Mixed Income Housing Development Bonus (MIHDB) program. These amendments include additional development bonus options, including certain...more

Tonkon Torp LLP

The Impact of Interest Rate Hikes on the Housing Market

Tonkon Torp LLP on

On May 4, after a two-day policy meeting, U.S. Federal Reserve Chairman Jerome Powell announced the first of what is likely to be several interest-rate increases in 2022. The first, a 50-basis-point increase, is the single...more

Stoel Rives -  Ahead of Schedule

Looking Back — and Forward — After Two Years of a Pandemic

In April 2020, just weeks after Oregon Gov. Kate Brown formally ordered Oregonians to “Stay Home, Save Lives,” I asked whether construction projects could or should continue during the shutdown. While the order did not on its...more

Bricker & Eckler LLP

ARPA Final Rule - The "B-sides collection": Affordable housing development

Bricker & Eckler LLP on

With the U.S. Treasury’s January 2022 release of its Final Rule in the use of American Rescue Plan Act (ARPA) funds, we began publishing this series of articles reviewing the lesser publicized aspects of that guidance (hence,...more

Blake, Cassels & Graydon LLP

L’Ontario adopte une loi pour lutter contre la crise du logement

Le gouvernement de l’Ontario a adopté le projet de loi 109, Loi de 2022 pour plus de logements pour tous (le « projet de loi 109 »), qui vise à inciter les municipalités à prendre des décisions en temps opportun et à...more

Miller Starr Regalia

A Changed Landscape: Local Agency Discretion And Judicial Deference In Land Use Decisionmaking

Miller Starr Regalia on

California’s continuing shortfall of new housing to meet demand has led to the enactment of a number of measures at the state level to encourage housing development and to limit the grounds for local governments to disapprove...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up 04/27/22

The Biden Administration plans to require U.S.-made steel and iron for American infrastructure, two major real estate players expand into the metaverse, robotics may be a solution to the construction industry’s labor...more

Blake, Cassels & Graydon LLP

New Ontario Legislation Targets the Housing Crisis

The Government of Ontario has passed Bill 109, More Homes for Everyone Act, 2022. Bill 109 aims to incentivize municipalities to make timely decisions and enable the development of more housing supply faster. It is but one...more

Robins Kaplan LLP

Netflix Stock Hammered After Company Loses Subscribers for First Time in Decade

Robins Kaplan LLP on

Netflix disappointed in Q1, posting its first loss of subscribers—some 200k—in over 10 years and predicting more departures in the coming months. The news sent Netflix shares spiraling down in after-hours trading and gives...more

Blank Rome LLP

Divorcing in an Expensive Housing Market

Blank Rome LLP on

One of the economic aftershocks that stubbornly remains more than two years after the COVID-19 pandemic began is the simultaneous spike in residential real estate prices and rents, and the plummeting inventory of available...more

Tonkon Torp LLP

Office-to-Apartment Conversions – A Good Idea, but Tricky to Pull Off (Audio)

Tonkon Torp LLP on

Attorney Kimberlee Stafford studies office-to-apartment conversions as a possible response to the housing crisis. Apartments, Commercial Buildings, Conversion, Office Closures, Residential Leases, Single-Family Housing,...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up 04/13/22

Phishing schemes target the mortgage industry, housing prices rise in Europe as Ukrainian refugees flee from their home country, the SEC announces new climate change regulations that will impact commercial real estate, and...more

Robins Kaplan LLP

U.S. Jobless Claims Hit 54-Year Low

Robins Kaplan LLP on

U.S. jobless claims hit 166k last week, the lowest “since November 1968, when the labor force was less than half of its current size.” Labor Department data also showed some 4.3 million workers quitting their jobs in...more

Allen Matkins

PropTech Update - April 2022

Allen Matkins on

U.S. construction tech firms brace for increased cyberattacks  Construction Dive – March 30 Cybersecurity experts caution against something far more foundational than ransomware attacks or private data thefts when it comes to...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up - April 2022 #1

A growing proptech startup aims to preemptively identify needed home repairs, 3D-printed homes could become a workable solution to the housing shortage, and more....more

Miles Mediation & Arbitration

Mitigating Risks and Reducing Potential Legal Issues in the Construction Industry

Currently, the construction industry is in a period of growth due to several factors, including the pandemic-related housing boom, increases in government spending on infrastructure and a rise in demand for warehouses and...more

Lowndes

New Senior Living Construction Is Up, But Proceed with Caution

Lowndes on

Tim Regan of Senior Housing News recently authored an article entitled, “Why Senior Living Developers Should Be Careful as New Construction Ramps Up Again,” that warns of several factors that must be considered in today’s...more

Stikeman Elliott LLP

Government of Ontario Introduces Legislation Intended to Bring New Housing to Market Faster

Stikeman Elliott LLP on

On March 30, 2022, Ontario’s Minister of Municipal Affairs and Housing introduced Bill 109, which would create the More Housing for Everyone Act, 2022. If passed by the legislature, this legislation will significantly...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

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up - March 2022 #2

The popular term “PropTech” is projected to disappear as real estate digitization continues, the impact of the Russia-Ukraine conflict on the U.S. housing market is analyzed, China’s home prices continue to fall, and more....more

Allen Matkins

Strong Fundamentals Lead to Bullish Sentiment About Multi-Family Market

Allen Matkins on

The multi-family panels participating in the Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey predict interest rates will increase faster than inflation and anticipate drops in vacancy...more

Jenner & Block

CFPB and other Federal Regulators Eye Regulation Aimed at Curbing Algorithmic Bias in Automated Home Valuations

Jenner & Block on

Late last month, the Consumer Financial Protection Bureau (CFPB) took another step toward adopting rules governing the use of artificial intelligence (AI) and algorithms in appraising home values. Specifically, the CFPB...more

Allen Matkins

Top 7 Takeaways from the Allen Matkins 2022 Real Estate Development Law Update

Allen Matkins on

The economy is strong and growing — perhaps too quickly as the labor market remains tight. A surprising number of people are choosing to stay out of the labor market, for now, contributing to the supply chain disruptions...more

Dentons

10 things you need to know about the Leasehold Reform (Ground Rent) Act 2022

Dentons on

The Leasehold Reform (Ground Rent) Act 2022 (Act) caps ground rents in new long residential leases in England and Wales at a peppercorn (i.e. no monetary value)....more

Dentons

New Consolidated SEPPs commenced on March 1, 2022

Dentons on

Key points - On March 1, 2022, 11 new State Environmental Planning Policies (SEPPs) commenced, which re-organised and repealed 45 former SEPPs. With no savings and transitional provisions, these new SEPPs apply to the...more

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