News & Analysis as of

Multi-Family Development

The Governor’s Housing Package - Affordable Housing Production in California Gets a Boost from Sacramento

by Best Best & Krieger LLP on

A package of 15 new housing bills will have far-reaching implications for every city in California. Collectively, these new laws are meant to significantly boost affordable housing production by removing local land use...more

Governor Brown Signs Major Housing Package Into Law

by Coblentz Patch Duffy & Bass on

On September 29, 2017, Governor Brown signed into law a 15-bill housing package. The housing package did not include AB 915, which would have authorized the City and County of San Francisco to impose local inclusionary...more

Fire Protection Districts' Authority to Enforce State Fire Marshal Standards and Regulations Reiterated in California AG Opinion -...

by Best Best & Krieger LLP on

The California Attorney General has reiterated fire protection districts’ broad authority to enforce building standards and regulations disseminated by the State Fire Marshal, including for residential occupancies and...more

FCC Actions Affecting Building Owners

Owners and managers of multi-tenant environments (“MTEs”), such as apartment buildings, filed initial comments in the Federal Communications Commission’s (FCC’s) proceeding to reexamine various types of arrangements between...more

Federal Housing Finance Agency Proposes GSE Goals

by Ballard Spahr LLP on

The Federal Housing Finance Agency (“FHFA”) has proposed new single-family and multifamily housing goals for Fannie Mae and Freddie Mac (collectively, the “GSEs”) for 2018-2020....more

Property Tax & Valuation Topics: Summer 2017

by Pullman & Comley, LLC on

Declaratory Judgment Not the Correct Remedy - Danping Li sued the Town of Woodbury with regard to the assessments of three properties she owned in that community. One of the counts of her complaint seeking a declaratory...more

Audits of Multifamily Housing Bonds Triggered by Failure to File Form 8703

IRC Section 142(d) requires operators of qualified residential rental properties to file Form 8703, Annual Certification of a Residential Rental Project annually. A number of recent audits of multifamily housing bonds appear...more

Tackling GST 'Leakage' is Key to Housing Supply, Affordability

by K&L Gates LLP on

Originally published in Australian Financial Review - March 28th, 2017. If the solution to housing affordability is increased supply, the GST rules for develop-to-rent (D2R) projects is a part of the problem. "New...more

West Coast Real Estate Update: February 2017

by Holland & Knight LLP on

Los Angeles, Seattle Top List of Best Markets for Multifamily Investment - Marcus & Millichap's 2017 National Multifamily Index (NMI) ranks Los Angeles and Seattle first and second, respectively, among 46 major domestic...more

Recap of HUD’s Early January Guidance

by Ballard Spahr LLP on

Earlier this month, the US Department of Housing and Urban Development (HUD) issued a number of final rules and notices...more

City Planning Grants Reprieve of New Park Fees to Certain Projects

by Ervin Cohen & Jessup LLP on

Back on September 7, 2016, the Los Angeles City Council passed the new Parks Dedication and Fee Update Ordinance (“Quimby”) which will affect all new multi-family development projects in the City. The ordinance will take...more

Law Alert: Villasenor v. Evans

Notice of Claim Statute Applies to Elected Official - In this case, the court of appeals confirmed that the notice of claim statute applies to elected officials. Villasenor was a consultant and lobbyist for a developer...more

Sounding the Alarm on Code Compliance Costs

Most multifamily owners are familiar with reserve requirements for items such as fire alarms and alarm replacement. Yet those owners may be surprised to learn that complying with the latest fire code changes can jeopardize...more

Land Use Matters, Alston & Bird LLP, September 2016

by Alston & Bird on

Land Use Matters provides information and insights into legal and regulatory developments, primarily at the Los Angeles City and County levels, affecting land use matters, as well as new CEQA appellate decisions. Please...more

California Governor Signs Four Bills Affecting Density Bonus Projects

by Allen Matkins on

On September 28, 2016, Governor Brown signed new legislation relating to the construction of affordable and market-rate housing. Although AB 2501 has drawn the most attention from commentators and the media, AB 2442 and AB...more

UPDATE: New Fee for Affordable Housing Goes to Denver City Council Sept. 19

A bill proposing a new development impact fee for a permanent affordable housing fund moved on to the Denver City Council Wednesday.Bill No. 625, proposed by Mayor Michael Hancock and Councilmembers Robin Kniech and Albus...more

Holland & Knight SCAG Update Report: CEQA Litigation Abuse Hurts Infill Housing

by Miller Starr Regalia on

Following up on their 2015 report covering all CEQA lawsuits filed during the 2010-2012 period, Holland & Knight lawyers Jennifer Hernandez, David Friedman and Stephanie DeHerrera recently released a portion of the sequel –...more

Sellers of Certain Connecticut Real Estate Required to Attach Housing Disclosure Form To Purchase Agreements

by Shipman & Goodwin LLP on

On May 16, 2016, the Connecticut General Assembly enacted Public Act 16-16, which requires sellers of Connecticut real estate consisting of two or more units to attach to purchase agreements, options and leases which contain...more

Real Estate Market Intelligence: Multifamily Development Quarterly Report - Q2 2016

by Benesch on

Key Findings - The multifamily asset sector saw nearly $35.4 billion of investment sales activity for the first-quarter of 2016. This figure represents an 8.6% increase compared to the first-quarter of 2015 and...more

Sustainable Development Update - July 2016 #2

by Allen Matkins on

Sustainable Development Focus - Money flows into batteries for buildings, power grid - Fortune - Jul 11 - Over the past half decade, the solar market has boomed thanks to falling solar panel prices. Now the...more

HUD Proposes Two New Rules on Broadband Infrastructure and Consolidated Planning

by Best Best & Krieger LLP on

The Department of Housing and Urban Development has issued two Notices of Proposed Rulemaking to impose new and unfunded mandates on local governments related to the accessibility of broadband services in federally funded...more

Denver Proposes Mandatory Energy Benchmarking and Implementation of Efficiency Measures

The Energize Denver Task Force, a task force created in December 2015 by the City and County of Denver, recently recommended specific energy efficiency benchmarking measures for commercial and multifamily residential...more

June 2016 CEQA Update: Legislative Developments

by Miller Starr Regalia on

As summer rapidly approaches, and we continue to experience a (from my perspective welcome) “mini-drought” of published CEQA cases, I’ll briefly report on some recent legislative developments of possible...more

Los aumentos de los costos están cambiando la construcción de apartamentos en el Sur de la Florida

by Bilzin Sumberg on

En un panel de debate reciente, en el Foro de Finanzas de Miami, sobre el estado actual de los bienes raíces comerciales en el Sur de la Florida, los desarrolladores comerciales que formaban parte del panel dijeron que...more

HUD Proposes Requirement for Broadband Installation in HUD-Financed Multifamily Housing

by Miles & Stockbridge P.C. on

Much has been written about the “digital divide” – the connectivity gap between demographics and regions that have access to the internet, and those that do not have access or have restricted access. Fewer than half of...more

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