News & Analysis as of

Commercial Real Estate Market California

Nossaman LLP

Construction & Claims: March 2024

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Welcome to Construction & Claims, a periodic digest of the headlines, statutory and regulatory changes and court cases involving construction news, claims, bid protests, contract administration and payment-related disputes....more

Nossaman LLP

Deadline Approaching for California Hospitals to Meet Seismic Requirements

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On January 17, 1994, a 6.7 magnitude earthquake struck Northridge, California, resulting in thousands of casualties and approximately $60 billion in damages and economic loss. Hospitals within the impacted area suffered...more

Cozen O'Connor

Cozen Cities - February 14, 2024

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BOSTON — City Leading AI Industry- Boston-area companies are leading in the development of new artificial intelligence (AI) and managing data for AI use. A new report estimates that Boston’s expertise in tech and health...more

Allen Matkins

Sustainable Development and Land Use Update 12.15.23

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The California Department of Housing and Community Development (HCD) approved housing streamlining legislation voted in last week by the San Francisco Board of Supervisors, thus allowing the city to avoid a series of...more

Buchalter

Bankruptcy Trustees and Receivers Beware: The California Second District Court of Appeal Tests The Barton Doctrine’s Limits on...

Buchalter on

In Breanne Martin v. Leslie Gladstone, the Second District Court of Appeal recently decided a case that could reverberate throughout the receivership and bankruptcy industries. This case comes at a propitious moment as...more

Allen Matkins

Life Sciences Real Estate Update - 7.18.23

Allen Matkins on

California was, by January 1, 2023, home to nearly 470,000 jobs that generated $413.7 billion in total business output in 2022, according to Biocom California’s 2023 Economic Impact Report. This represents a nearly 8 percent...more

Perkins Coie

San Francisco Adopts Ordinance To Facilitate the Conversion of Office Buildings to Housing

Perkins Coie on

In downtown San Francisco, office vacancy has skyrocketed as hybrid work has transformed the way in which employers and employees use office space. This, in turn, has decreased activity downtown, negatively impacting the...more

McDermott Will & Emery

Managing Commercial Real Estate Taxes in California’s Challenging Market

McDermott Will & Emery on

Without a doubt, it is difficult to find something upbeat about California’s current commercial real estate market. Property owners, economists and appraisers all agree that the market is facing one of the most challenging...more

Perkins Coie

Court Orders Refund of All Unexpended Fees in Landmark Mitigation Fee Act Case

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A recent decision highlights the importance of strict compliance with the Mitigation Fee Act’s requirement that findings be made every five years concerning unexpended fees. The Sixth District Court of Appeal held that the...more

Allen Matkins

California’s Retail Market Continues to Show Signs of a Strong Rebound

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Despite concerns before and during the pandemic, the retail space market in California continues to rebound and shows remarkable signs of resiliency. El Warner, Vice Chair of Retail Capital Markets at Collier’s, and Amanda...more

Katten Muchin Rosenman LLP

Measure ULA – An Additional Transfer Tax on Real Estate Transfers

Measure ULA, also known as the Homelessness and Housing Solutions Tax (HHS Tax), and usually referred to as a "mansion tax," has been approved by voters. The measure creates a new tax on certain property transfers in the city...more

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