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Landlords Housing Market

Ballard Spahr LLP

Multifamily Update-Rent Control Portal, Eviction Reforms, Shelf and Conversion Condos, BEPS, Vacancy Control, Just Cause...

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On the multifamily front, transactions are picking up. The benefits of the interest rate cut by the Fed are offset somewhat by the increasingly complex legal and regulatory environment impacting multifamily properties,...more

Troutman Pepper

Colorado Argues for Expanded Application of State’s Consumer Protection Statute

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In a recent amicus brief submitted to the Colorado Supreme Court, the Colorado Attorney General’s (AG) office has expressed its support for plaintiffs in a case that raises questions about the interplay between Colorado’s...more

Benesch

The DOJ's Lawsuit Against RealPage: Unpacking the Allegations and Implications for the Rental Market

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The U.S. Department of Justice (DOJ) and eight state attorneys general have filed a lawsuit against real estate software company RealPage, alleging that its algorithmic pricing system has contributed to widespread...more

Lerch, Early & Brewer

Rockville and Montgomery County Take Differing Approaches to Rent Stabilization

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The City of Rockville and Montgomery County are addressing affordable housing with differing approaches. Both jurisdictions took action on rent control this summer, with plans for future legislation or applicable regulations...more

Ballard Spahr LLP

National Rent Control, Prince George’s County Enacts New Rent Control, Montgomery County Poised to Adopt Regulations for Rent...

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Rent control continues to be headline news, with local legislation being enacted and national legislation being proposed. The rent control law in Prince George’s County was enacted yesterday and it appears that the rent...more

Ballard Spahr LLP

Maryland Rent Control, DC Lease Assignment Tax, and Increased Indemnity Deed of Trust Threshold

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Rent control laws continue to evolve in Montgomery and Prince George’s Counties. The rent control law enacted last year in Montgomery County will become effective once regulations are adopted. Our recent Alert discussed these...more

Ballard Spahr LLP

Proposed Rent Control Regulations Under Review by the Montgomery County Council

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On Friday, June 14, 2024, the Montgomery County Department of Housing and Community Affairs (DHCA) delivered proposed regulations to the Montgomery County Council (Council) for review and consideration. The proposed...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (5/22/24) – Federal Infrastructure Money, Hotel Development Pipelines, and Lab Space...

In our latest roundup, Virginia’s governor signs two bills into law, $929 billion in outstanding commercial mortgages come due, banks prepare for delinquencies related to office space, and more!...more

Holland & Knight LLP

Changes to New York's Housing Laws: What You Need to Know

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New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more

Sheppard Mullin Richter & Hampton LLP

Status of California Rent Control Reform

It seems like year-after-year, attempts are made to reform or repeal California’s rent control regulations, namely the Costa-Hawkins Rental Housing Act (Civ. Code §§ 1954.50 et seq.) (Costa-Hawkins Act). 2024 has proven to be...more

Adler Pollock & Sheehan P.C.

The Potential of Rent Control in Rhode Island

In 2023, Providence had the largest year over year residential rent increase compared to every other major U.S. city. Rising rental rates are not isolated to the Ocean State. Median residential rent prices increased in cities...more

Ballard Spahr LLP

D.C., Maryland Multifamily Housing Update: Prince George’s County Rent Control, Montgomery County Tenant Protections, Montgomery...

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There have been a number of new regulatory developments since our prior Alert, including updates on Prince George’s County rent control, Montgomery County tenant protections, Montgomery County Right of First Refusal (ROFR)...more

Sheppard Mullin Richter & Hampton LLP

SCOTUS Declines to Review New York City’s Rent Stabilization Law

New York City’s rent-related laws have once again survived judicial scrutiny, and evaded Supreme Court review. In 74 Pinehurst LLC v. New York, a group of New York City landlords (“Petitioners”) filed suit in the District...more

Ballard Spahr LLP

Prince George's County Rent Control Extension/BEPS/Montgomery County Rent Control Updates

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Our recent Alert focused on the D.C. Housing in Downtown program, the Montgomery County Right of First Refusal legislation, rent control in Montgomery and Prince George’s Counties, the SCOTUS rent control challenge denial,...more

Ballard Spahr LLP

ROFR Law, HID Tax Abatement, Rent Control Laws and Regulations, and SCOTUS Update

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Our recent Alert included details and updates on new Montgomery County rent control regulations, an expanded right of first refusal (ROFR) process, and our related advocacy efforts....more

Ballard Spahr LLP

Proposed Rent Control Regulations Raise Many Questions

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As noted in our prior Alert, the Montgomery County Department of Housing and Community Affairs (DHCA) published draft regulations on February 1 to implement the County’s new rent control law. By its terms, the rent control...more

Ballard Spahr LLP

Rent Control Regulations and Federal Legislation Alert

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If you have been following our recent Alerts, you are aware that the multifamily industry has been subject to a series of chilling legislative actions and proposals. Today’s Alert focuses on two very recent high-profile...more

Ballard Spahr LLP

CFPB issues two new FCRA advisory opinions on background screening reports and disclosure of credit files to consumers

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On January 11, 2024, the Consumer Financial Protection Bureau (CFPB) issued two new advisory opinions: Fair Credit Reporting; Background Screening and Fair Credit Reporting; File Disclosure. The advisory opinions are part of...more

Ballard Spahr LLP

DC/Maryland Multifamily Real Estate Updates

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Happy Holidays to all. We are still hopeful that Santa brings everyone some relief from rent control and other multifamily restrictions (we heard that the new BEPS Regulations preclude Santa from leaving coal for legislators...more

Bennett Jones LLP

British Columbia Passes Bill 35, Advancing the Homes for People Action Plan and Addressing Short-Term

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On October 26, 2023, Bill 35, the Short-Term Rental Accommodations Act received royal assent. Bill 35 was introduced as part of the NDP’s Homes for People Action Plan to combat the housing crisis and intends to regulate...more

Ballard Spahr LLP

November Multifamily Alert

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As a follow-up to our recent alert, here are some updates on regional and national legislative activity impacting real estate...more

Hudson Cook, LLP

CFPB Bites of the Month - August 2023 - School Bells Ringing Loud and Clear, Vacation's Over, CFPB is Near

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In this month's article, we share some of our top "bites" for the prior month covered during the August 2023 webinar. Bite 1: CFPB Publishes Report on Employer-Driven Debt - On July 20, 2023, the CFPB published a...more

Ballard Spahr LLP

FTC recommends use of written adverse action notices by housing providers

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A new FTC blog post titled “Tenant background check reports: Put it in writing” reminds landlords, property managers, and other housing providers of their obligation under the Fair Credit Reporting Act to provide notice of...more

K&L Gates LLP

Overriding Interest Summer 2023

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Welcome to the latest edition of Overriding Interest. Inside this issue: - New Joiners - Articles of Interest & Firm News - Events - Pro Bono Update - Case Reports ...more

Ballard Spahr LLP

Multifamily Update

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Below is an update to our recent Multifamily Alerts. The July 18 Montgomery County work session may be of critical importance....more

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