Recent headlines have revealed distress in the real estate market, which may lead to opportunities for investors willing to take a bit of risk. There are many examples all over the country of groups with debt looking for...more
4/30/2024
/ Chain of Title ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Real Estate Market ,
Creditors ,
Default ,
Due Diligence ,
Investors ,
Promissory Notes ,
Real Estate Investments ,
Risk Assessment ,
Risk Mitigation ,
Strategic Planning
In response to the homelessness crisis, voters in the city of Los Angeles approved Measure ULA, aka the "mansion tax," on Nov. 8, 2022. Measure ULA seeks to raise funding for affordable housing and tenant assistance programs...more
On March 11, 2021, President Joe Biden signed H.R. 1319, the American Rescue Plan Act of 2021, into law. The $1.9 trillion COVID-19 relief bill, which passed in the U.S. Senate by a narrow 50-49 vote on March 6 and in the...more
3/16/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
CARES Act ,
Coronavirus/COVID-19 ,
Direct Payments to Families and Individuals ,
Economic Injury Disaster Loans ,
FEMA ,
Landlords ,
Mortgage Assistance Relief Services (MARS) ,
Mortgages ,
Paycheck Protection Program (PPP) ,
Property Owners ,
Relief Measures ,
Rental Assistance Programs ,
Restaurant Industry ,
Rural Housing Services ,
SBA ,
SBA Lending Programs ,
Tenants ,
Time Extensions ,
Tribal Lands ,
Unemployment Benefits ,
Vouchers
The Los Angeles City Council recently considered a vacancy tax intended to reduce the number of vacant residential units. The proposed Empty Homes Tax would aim to address homelessness by penalizing residential landlords for...more
The California Department of Alcoholic Beverage Control (ABC) on May 20, 2020, promulgated its "Fifth Notice of Regulatory Relief," which continues a trend of the Department's recognizing the need to grant flexibility to bars...more
In response to COVID-19, on April 23, 2020, California Gov. Gavin Newsom issued Executive Order N-54-20, which, among other things, suspends for 60 days (starting April 23, and ending June 22, 2020) certain noticing and...more
In response to COVID-19, California Gov. Gavin Newsom issued the nation's first statewide shelter-in-place Executive Order on March 19, 2020, which the state summarized as "everyone is required to stay home except to get...more
The Office of the Governor of California recently announced that Gov. Gavin Newsom and California legislative leaders approved a cap of 5 percent plus inflation per year on rent increases statewide for the next 10 years. The...more
In Orozco v. WPV San Jose, LLC, California's Sixth District Court of Appeal upheld a decision by the Superior Court in Santa Clara County in support of a commercial tenant who sued his landlord for fraud. The tenant,...more
8/27/2019
/ Commercial Leases ,
Defense Strategies ,
Disparate Impact ,
Fair Housing Act (FHA) ,
HUD ,
Landlords ,
Misrepresentation ,
Property Owners ,
Property Tax ,
Proposed Rules ,
Proposition 13 ,
Residential Property Owners ,
Shopping Centers ,
State and Local Government
Holland & Knight invites you to read our China Practice Newsletter, in which our authors discuss pertinent Sino-American topics. The firm provides legal assistance to Chinese investors and companies doing business or making...more
Title Insurance Firms Paying Close Attention to Latest Measure Imposing Russian Sanctions -
The Defending American Security from Kremlin Aggression Act of 2018, a bipartisan bill introduced in the U.S. Senate last month,...more
9/25/2018
/ Anti-Money Laundering ,
Beneficial Owner ,
Data Centers ,
Disclosure Requirements ,
Employee Retention ,
Facebook ,
Geographic Targeting Order ,
Limited Liability Company (LLC) ,
Proposed Legislation ,
Real Estate Transactions ,
Redevelopment ,
Russia ,
Sanctions ,
Title Insurance
New Rules on the Horizon to Reduce Emissions and Improve Air Quality -
Facing pressure to meet federal clean air standards, California's South Coast Air Quality Management District (SCAQMD) voted 7-6 to direct staff to...more
5/15/2018
/ Air Quality Standards ,
City Councils ,
County Planning Commissions ,
Greenhouse Gas Emissions ,
Local Ordinance ,
Natural Disasters ,
New Rules ,
Property Damage ,
Property Insurance ,
Proximate Cause ,
Rental Property ,
SCAQMD ,
Short-Term Lease ,
Warehouses
• The California Energy Commission voted unanimously on May 9, 2018, to require solar panels on all new single-family homes and apartment buildings that are three stories or less starting in 2020.
• The new regulations...more
5/14/2018
/ Apartments ,
Building Standards ,
Clean Energy ,
Construction Industry ,
Energy Commissions ,
Energy Sector ,
Greenhouse Gas Emissions ,
Homeowners ,
Housing Developers ,
New Regulations ,
PACE ,
Renewable Energy ,
Single Family Housing ,
Solar Energy ,
Solar Panels
Federal Budget Helps Affordable Housing -
Advocates for and developers of affordable housing lamented tax cuts passed late last year. A decrease in the corporate tax rate made the low-income housing tax credit (LIHTC)...more
4/9/2018
/ Affordable Housing ,
Appraisal ,
Commercial Real Estate Market ,
Corporate Taxes ,
FDIC ,
Financial Regulatory Agencies ,
Income Taxes ,
LIHTC ,
Local Taxes ,
Tax Rates ,
Tax Reform
• The marijuana industry that was expected to generate roughly $40 billion in economic impact nationwide by 2021 is at a crossroads given a recent move by U.S. Attorney General Jeff Sessions to eliminate certain protections...more
1/10/2018
/ Attorney General ,
Cole Memorandum ,
Criminal Prosecution ,
Decriminalization of Marijuana ,
Department of Justice (DOJ) ,
Dispensaries ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Rescission ,
Rohrabacher-Farr Amendment ,
State and Local Government ,
Trump Administration
Apartment Owner Loses Court Battle with Airbnb -
A federal judge in Los Angeles recently dismissed a lawsuit by the owner of the 4,255-unit Park La Brea apartment complex against Airbnb Inc. that sought to hold the online...more
Absence of Private Activity Bonds from House Tax Proposal Could Hurt Affordable Housing -
While a lot of people are discussing the ways in which the tax proposals coming out of Congress will impact personal and corporate...more
The tax proposal initially released by the House Ways and Means Committee could look very different from what Congress actually approves. However, analysts have said that, if passed, certain provisions in the tax plan could...more
11/14/2017
/ Affordable Housing ,
Homeowners ,
Housing Market ,
Mortgage Interest ,
Mortgage-Backed Securities ,
Property Owners ,
Proposed Legislation ,
Seismic Retrofitting ,
Tax Deductions ,
Tax Reform ,
Tax Returns ,
Ways and Means Committee
Google's New Office Space Could Have Huge Impact on Downtown San Jose -
San Jose is the largest city in California's Silicon Valley, yet some of the tech industry's largest employers maintain their biggest offices...more
6/21/2017
/ Blockchain ,
Cryptocurrency ,
EU ,
Google ,
Illegal Tax ,
Office Space ,
REIT ,
Startups ,
Urban Planning & Development ,
Waste Management ,
Zoning Maps
L.A. to Legalize Residential Units Previously Created in Violation of Building Code -
On May 10, 2017, the Los Angeles City Council unanimously approved an ordinance that would permit previously unapproved dwelling...more
5/25/2017
/ Affordable Housing ,
Bailout ,
Building Codes ,
CEQA ,
City Planning Departments ,
Consultants ,
County Planning Commissions ,
Fannie Mae ,
Freddie Mac ,
Landlords ,
Loans ,
Mortgages ,
Permits ,
Residential Property Owners ,
Zoning Laws
Federal Court Upholds Termination of Navy Lease Bid Due to Environmental Concerns -
In Open Spirit, LLC v. United States, No. 15-370C (Fed. Cl. filed April 28, 2017), the U.S. Court of Federal Claims upheld the...more
New Arizona Law Aims to Prevent "Drive-By" ADA Lawsuits -
Arizona recently enacted a new law that gives businesses and property owners a 90-day grace period to fix alleged disability-access violations without paying...more
California Assembly Member Proposes Bill to Limit Abuse of Service Animal Accommodations -
As dogs have transitioned from children's backyard playmates to must-have accessories while their owners are shopping or dining,...more
4/19/2017
/ Apartments ,
Ellis Act ,
Eviction ,
Landlords ,
Local Ordinance ,
Property Managers ,
Reasonable Accommodation ,
Relocation Assistance ,
Rental Property ,
Residential Leases ,
Service Animals ,
Tenants ,
Verification Requirements
San Francisco Ordinance Invalidated in Victory for Landlords -
In Coyne v. City and County of San Francisco, No. A145044 (Cal. Ct. App. Mar. 21, 2017), the California Court of Appeal invalidated a San Francisco...more
4/13/2017
/ Bureau of Land Management ,
CEQA ,
Construction Project ,
Department of the Interior ,
Environmental Review ,
Federal Land ,
Hotels ,
Land Preservation ,
Landlords ,
Local Ordinance ,
Moratorium ,
Natural Resources ,
Obama Administration ,
Pipelines ,
Preemption ,
Rent Control ,
Rescission ,
Residential Leases ,
Tenants ,
Trump Administration ,
Water Supplies
Gov. Brown Opposes Measure S -
In a statement published less than two weeks before Los Angeles' Consolidated Municipal and Special Elections to be held on March 7, 2017, California Gov. Jerry Brown came out in opposition...more
3/6/2017
/ Ballot Measures ,
Beneficial Owner ,
FinCEN ,
Geographic Targeting Order ,
Insurance Industry ,
Mortgages ,
Ports ,
Real Estate Development ,
Real Estate Investments ,
Real Estate Market ,
Reporting Requirements ,
Title Insurance ,
Zoning Laws