News & Analysis as of

Real Estate Development

Allen Matkins

AB 98 Will Have Dramatic Effects On Development Of Future Logistics Facilities

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On August 31, the California legislature adopted AB 98. Governor Newsom has until September 30, 2024, to sign or veto AB 98. If the bill becomes law, it will have impacts on all warehouse developments, regardless of whether...more

Allen Matkins

“Builder's Remedy" Reform Bill Approved by Governor Newsom

Allen Matkins on

On September 19, 2024, Governor Gavin Newsom approved Assembly Bill (AB) 1893 (Wicks), which significantly modifies the “Builder’s Remedy” under the Housing Accountability Act (Government Code section 65589.5 et seq.) (HAA),...more

Allen Matkins

Governor Newsom Approves Key Housing Bill: AB 2243

Allen Matkins on

On September 19, 2024, Governor Gavin Newsom approved Assembly Bill (AB) 2243 (Wicks), which amends AB 2011 (Affordable Housing and High Road Jobs Act of 2022), effective January 1, 2025. As explained in our prior legal...more

Bricker Graydon LLP

[Event] Uniting for Action: A Discussion on Collaborating Solutions for Central Ohio’s Housing Future - October 18th,...

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Local and state elected officials, community stakeholders, private developers, and employers are grappling with Ohio’s recognized lack of high-quality, workforce-attainable housing options. While Ohio has been successful in...more

BCLP

NPPF Consultation: Green Belt Reform

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The ‘fundamental aim’ of the Green Belt as stated in the NPPF is urban containment. The NPPF contains strong protections by imposing strict tests to be met before Green Belt land can be released for development....more

Bennett Jones LLP

(Real) Estate Earnouts: The Risks and Rewards of Density Bonuses

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Valuing a commercial asset is a tricky business.Often, in the eyes of a purchaser, an asset's value is tied in part to the likelihood of future events—a significant customer order, a change in purchasing patterns, a...more

Hogan Lovells

Global Real Estate Horizon Scanner – Autumn 2024

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There is real change afoot in the global political landscape: the US Presidential election is around the corner, the UK has a new government and elections for the European Parliament were held over the summer. So what does...more

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

Morris, Manning & Martin, LLP

August Dealmaker Digest: Navigating Multifamily Investments With Expert Insights and Market Trends

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

Lowndes

Osceola County Approves Increase to Impact Fees

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On September 9, 2024, the Osceola Board of County Commissioners voted to approve an increase to County mobility impact fees, which will substantially increase the cost of development in the County. Impact fees are a one-time...more

Holland & Knight LLP

California Legislature Passes Major Reforms for "Builder's Remedy" Projects

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California law requires cities and counties to regularly plan for new housing development and to prepare and adopt housing elements that formalize these plans. For those cities and counties that fail to adopt housing elements...more

Hogan Lovells

UK Real Estate Horizon Scanner Autumn 2024

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The new UK government has leapt out of the starting blocks at full pace in terms of promises of reform, a rental revolution and a planning shake-up. So what is coming down the line in terms of new legislation over the next...more

Allen Matkins

California's Construction General Permit and Industrial General Permit – 2024/2025 Annual Update

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Regional Boards’ enforcement of the Construction General Permit (CGP) and Industrial General Permit (IGP) continues to yield high penalty figures; transition to 2022 CGP brings new requirements; and the forthcoming...more

Cozen O'Connor

Cozen Cities - September 11, 2024

Cozen O'Connor on

CHICAGO — CTA Launches AI Surveillance to Stop Gun Violence at Transit Stations- The Chicago Transit Authority (CTA) recently rolled out an artificial intelligence (AI) surveillance tool to detect guns at stations, a move...more

Awatif Mohammad Shoqi Advocates & Legal...

Facing Unrepaired Defects in Your Villa? Enforcing Your Rights Against the Contractor

When investing in real estate, particularly in villa projects, purchasers often rely on developers and contractors to deliver homes free from defects. However, issues may arise where defects remain unresolved despite...more

Bennett Jones LLP

Top Five Things to Know About Proptech in Canada

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We are in the midst of a digital transformation of all aspects of the real estate industry, including development, marketing, transactions, financing and management. The convergence of property and technology, known as...more

Awatif Mohammad Shoqi Advocates & Legal...

Safeguarding Your Investment: Are You Aware of Key Risks and Red Flags in Dubai's Off-Plan Property Market?

Investing in off-plan properties in Dubai presents an attractive opportunity for prospective homeowners and investors alike. However, navigating this market requires vigilance and awareness of potential risks to ensure a...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

Houston Harbaugh, P.C.

Pennsylvania Supreme Court Determines That Zoning Officer Had Authority to Issue Zoning Use Permit, but the Practical Application...

In a July 17, 2024 Opinion, the Pennsylvania Supreme Court decided in AUUE, Inc. v. Borough of Jefferson Hills Zoning Hearing Board, No. 28 WAP 2022, ___ A.3d ___ (Pa. 2024), that the Pennsylvania Municipalities Planning Code...more

Marshall Dennehey

Failure to Provide Reasonable Notice and Opportunity to Be Heard Rendered Trial Court’s Involuntary Dismissal of Plaintiff’s Suit...

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Babcock New Haven, LLC v. Vaheed Teimouri and Teimouri & Associates, Fla. 5th DCA, 5D2023-1525, May 3, 2024 - This appeal followed a trial court’s entry of a final order dismissing Babcock New Haven, LLC’s lawsuit for failure...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (9/4/24) – DOJ Sues RealPage, Housing Sales Increase and U.S. Can’t Build Homes Fast...

In our latest roundup, environmental regulations tighten for commercial properties, Wells Fargo sells most of its commercial mortgage services business, first-time home buyers struggle with housing affordability, and more!...more

Nossaman LLP

Group Seeks Permitting Requirement for Bird Deaths at Commercial Buildings

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On September 4, 2024, the Center for Biological Diversity, along with more than 20 other groups, (collectively, CBD) delivered a petition (Petition) to the U.S. Fish and Wildlife Service (Service) in which CBD requested the...more

Mayer Brown

Revamping the Compulsory Sale Regime in Hong Kong - Land (Compulsory Sale for Redevelopment) (Amendment) Ordinance 2024

Mayer Brown on

To accelerate redevelopment of aged and dilapidated buildings in Hong Kong, the Government enacted the Land (Compulsory Sale for Redevelopment) (Amendment) Ordinance 2024 on 25 July 2024....more

Ballard Spahr LLP

Innovative Zoning Strategies: Addressing Affordable Housing Shortages

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The American Southwest is experiencing a notable shift in its approach to addressing affordable housing shortages. California, Nevada, and Arizona are exploring and debating various zoning relief measures to incentivize...more

Latham & Watkins LLP

Saudi’s New Railways Law Further Enhances the Kingdom’s Rail Infrastructure Projects

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The law, which took effect in June, impacts developers, investors, lenders, operators, and suppliers in the Saudi railway sector. As Saudi Arabia continues to make significant advances in urban development and mobility,...more

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