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International Lawyers Network

Buying and Selling Real Estate in Latvia (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER LATVIAN LAW - I. STANDARD FORMS OF AGREEMENT - A. Offer to Purchase sets forth Buyer's offer of price and date for closing. Seller may accept or reject. B. The purchase...more

Oliva Gibbs LLP

Coverting a “Fixed” to a “Floating” NPRI: What (If Anything) Does ConocoPhillips v. Hahn Add to the Conversation?

Oliva Gibbs LLP on

In ConocoPhillips Co. v. Hahn, the Supreme Court of Texas addressed whether a “fixed” nonparticipating royalty interest (“NPRI”) was later converted to a “floating” NPRI. The court weighed two possible means of this...more

Polsinelli

AFIDA Penalties Are Coming: Costs for Renewable Development May Be More Than You Think

Polsinelli on

When evaluating the all-in costs of a renewable development project, it is critical that costs associated with Agricultural Foreign Investment Disclosure Act (AFIDA) enforcement and compliance are considered. Since its...more

International Lawyers Network

Buying and Selling Real Estate in Kenya (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER KENYAN LAW - I. STANDARD FORMS OF AGREEMENTS - A. The transaction usually begins with a letter of offer from the seller setting out the purchase price, completion period,...more

Venable LLP

Building the Future of Sports: The World Cup, the Olympics, and Real Estate

Venable LLP on

Sports fans across the United States are about to experience an unprecedented lineup of world-class events. The FIFA World Cup will electrify stadiums across North America in 2026, followed by the Summer Olympics in Los...more

Greenbaum, Rowe, Smith & Davis LLP

A Review of the New Jersey Legislature’s Latest Amendments to the New Jersey Aspire Program

On December 19, 2024, the New Jersey legislature passed legislation amending multiple sections of statute governing the New Jersey Aspire Program, most importantly as it relates to the state purchase of unused tax credits....more

Crunched Credit

Time to Fix REMIC:  Grand Bargain Part II

Crunched Credit on

Last week I talked about the Grand Bargain to fix our business. If we’re fixing to fix our business now, we’ve got to talk REMIC. The Real Estate Mortgage Investment Conduit (REMIC) created as part of the Tax Reform Act of...more

ArentFox Schiff

What Private Equity Investors and Real Estate Investment Trusts Need to Know About the Newly Enacted Massachusetts Health...

ArentFox Schiff on

On December 30, 2024, the Massachusetts state legislature passed House Bill 4653 (the Act), which significantly enhances regulatory oversight in the Massachusetts health care market. As signed into law by Governor Maura Healy...more

Cozen O'Connor

Cozen Cities - January 8, 2025

Cozen O'Connor on

CHICAGO — Jobs Slightly Down Since Last Year, State Data Shows - The Chicago metro area experienced a 0.2% drop in non-farm jobs between November 2023 and November 2024. While private education, health services, and...more

Holland & Knight LLP

Arrendamientos de corto plazo, una realidad en Colombia

Holland & Knight LLP on

En este episodio de "A Lo Legal En Par Minutos," el socio Edwin Cortés conversa con el abogado inmobiliario Esteban García-Jiméno sobre la diferencia entre los arrendamientos de vivienda a corto plazo y los servicios...more

Vorys, Sater, Seymour and Pease LLP

Power Infrastructure: The New Driver of Industrial Site Selection

For decades, the availability and cost of labor dominated industrial site selection decisions in the United States. Today, however, a new factor has emerged as equally crucial: power infrastructure. The rise of...more

BCLP

Energy Performance of Buildings Regime - MHCLG and DESNZ Set Out Ambitious Targets in a New Consultation Building on the Previous...

BCLP on

The UK government has launched a consultation to reform the Energy Performance of Buildings (EPB) regime, a crucial step towards achieving the nation’s ambitious net-zero targets by 2050. This extensive consultation, which...more

Vorys, Sater, Seymour and Pease LLP

Attracting Aerospace: The Risks of a Property Tax-Heavy State Tax Structure

When examining the tax structures of business-aggressive states, a common pattern emerges: reduced income and franchise taxes offset by steeper sales and property taxes. While this approach may work for some industries, it...more

Morgan Lewis

Qualified Data Center Purchases Now Eligible for Massachusetts Sales and Use Tax Exemption

Morgan Lewis on

As part of a broad economic development bill recently passed by the Massachusetts Legislature and signed into law by Governor Maura Healey, the owner or operator of a qualified data center may now apply for a sales tax...more

Husch Blackwell LLP

Co-Location of Data Centers with Renewable Energy Projects: Legal, Environmental, and Operational Considerations

Husch Blackwell LLP on

The dramatic increase in the use cases for data storage, artificial intelligence and cloud computing have resulted in an atmospheric level rise in the demand for data centers., and the question of providing sufficient power...more

ArentFox Schiff

Federal Building Reconfiguration and Redevelopment May Be Ripe for Federal/District Collaboration

ArentFox Schiff on

The COVID-19 pandemic and resulting increase in federal telework have reduced the daily usage of federal buildings in Washington, DC. Over the last few years, Mayor Muriel Bowser has not been shy in highlighting the economic...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Sale of Industrial Facility/Environmental Assessment: Connecticut Court Addresses Whether Seller was Reasonable in Terminating...

The Superior Court of Connecticut (“Court”) in a December 20th Memorandum of Trial Decision (“Memorandum”) addressed an issue arising out of the proposed sale of an industrial facility. See Candor Capital LLC v. Leeder Realty...more

Bilzin Sumberg

City of Miami Approves New Administrative Site Plan Review (ASPR) Process and Extends Life of Special Permits

Bilzin Sumberg on

In an effort to streamline development approvals, the City of Miami has introduced a new Administrative Site Plan Review (ASPR) procedure to address projects that meet zoning requirements without requiring special permits....more

Seyfarth Shaw LLP

From Waste to Wealth: Navigating the Ownership of Produced Water and Lithium in Texas

Seyfarth Shaw LLP on

The ownership, use, and monetization of produced water have rapidly transformed what was once a liability into a valuable asset, creating significant legal and economic uncertainty for operators and landowners alike. With...more

Troutman Pepper Locke

The Rise of Liquid Cooling Technology and Its Impact on Data Center Leases

Troutman Pepper Locke on

In the rapidly evolving data center industry, efficiency, scalability, and sustainability are paramount. As the demand for data processing power continues to surge, driven mainly by AI, traditional cooling methods are being...more

Poyner Spruill LLP

North Carolina Joining the Race to C-PACE

Poyner Spruill LLP on

Commercial Property Assessed Clean Energy (C-PACE) is a program that allows commercial property owners to finance clean energy improvements such as energy efficiency upgrades, water conservation, renewable energy...more

Snell & Wilmer

Property Acquisition Tax (ISABI) Rate Increase to 3%

Snell & Wilmer on

On December 27, 2024, the state government for Baja California Sur published a decree increasing taxes related to real estate transactions. Below is a summary of the highlights of the decree. Increase of Property Acquisition...more

Seward & Kissel LLP

“Back to the Office” Pressure Builds on Financial Service Providers Looking for High-End Office Space in NYC

Seward & Kissel LLP on

One word that best describes the 2024 New York City office leasing market: resilient. Due in part to the financial services sector ramping up its “return to office” policies and a dwindling supply of Trophy and Class A office...more

International Lawyers Network

Buying and Selling Real Estate in Italy (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER ITALIAN LAW - I. INTRODUCTION - This brief guide has the goal to provide legal explanation on the main aspects of the real estate transactions in Italy. II. REAL...more

Holland & Knight LLP

New Changes to California Commercial Leasing Requirements in 2025

Holland & Knight LLP on

Recent legislative changes impose new requirements for owners of California commercial properties, at least with respect to certain specified types of tenants. Effective Jan. 1, 2025, the Commercial Tenant Protection Act,...more

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