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
10/1/2024
/ BEPS ,
Condominiums ,
Eviction ,
Housing Market ,
Landlords ,
Late Fees ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rental Property ,
Tenants
As summer 2024 winds down, the implementation of new rent control laws has attracted much attention. Providing some respite from the summer’s rent control heat is a recent win for the multifamily industry coming from the...more
8/26/2024
/ Centers for Disease Control and Prevention (CDC) ,
Landlords ,
Multi-Family Housing ,
Property Owners ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
SCOTUS ,
Tenant Opportunity to Purchase (TOPA) ,
Tenants
Our prior Alert discussed the Prince George’s County temporary extension of rent control, Montgomery County rent control updates and the much-anticipated rent control regulations, rental license fee increases, new housing...more
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
4/8/2024
/ Construction Industry ,
Housing Market ,
Landlords ,
LIHTC ,
Multi-Family Development ,
Real Estate Development ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
State and Local Government ,
Tax Abatement ,
Tenants
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
1/3/2024
/ Comment Period ,
Condominiums ,
Federal Trade Commission (FTC) ,
Fees ,
Housing Market ,
Landlords ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rent Stabilization Codes ,
Rental Property ,
Right of First Refusal ,
Tenants
Our most recent Alert included details and updates on rent control, proposed FTC regulation of rental housing junk fees, security camera mandates, and new ROFR proposals. Here is a link to the November 15 Alert. Below are...more
12/11/2023
/ Algorithms ,
Antitrust Litigation ,
Antitrust Provisions ,
Federal Trade Commission (FTC) ,
Landlords ,
Multi-Family Development ,
Price-Fixing ,
Rent ,
Rent Control ,
Rent Stabilization Codes ,
Rental Property ,
Right of First Refusal ,
Tenants
As a follow-up to our recent alert, here are some updates on regional and national legislative activity impacting real estate...more
11/13/2023
/ BEPS ,
Consumer Price Index ,
Housing Market ,
Landlords ,
LIHTC ,
Low Income Housing ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
Right of First Refusal ,
State and Local Government ,
Tax Credits ,
Tenants
As a follow-up to our prior alert, here are some updates on legislative activities in the region...more
As a follow-up to our recent alert, here are some updates on rent control and other activities in the region impacting multifamily properties...more
As a follow-up to our recent alerts, the Prince George’s County Council in Maryland held a public hearing Tuesday, April 25, and approved CB-51-2023, An Emergency Act Concerning Landlord Retaliation for Rent Stabilization...more
As a follow-up to our recent alert, here is an update on rent control and other legislative activities in the region...more
As a follow-up to our recent alerts, we wanted to provide an update on rent control in Mount Rainier, Maryland....more
Summary -
The Rent Stabilization Act signed into law by Prince George’s County Executive Angela Alsobrooks restricts County landlords from increasing tenants’ rent above 3 percent over a 12-month period. Separately,...more
Summary -
Rent control remains a hot topic around the beltway, and counties in Maryland are pursuing new laws limiting rent increases....more
Following an Executive Order by President Trump on August 8, 2020, the Centers for Disease Control (CDC) filed a notice of an agency order on September 1, 2020, in the Federal Register entitled Temporary Halt in Residential...more
9/9/2020
/ CARES Act ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Eviction ,
Financial Distress ,
Infectious Diseases ,
Landlords ,
Moratorium ,
Public Health ,
Relief Measures ,
Rent ,
Rental Property ,
Tenants